TARIFFS: THEIR EFFECT ON THE ECONOMY

The 'tourist walks through what tariffs might mean for the economy and markets

Unfortunately, another post about tariffs. But instead of discussing whether Trump will backtrack on this weekend’s decision to tariff Canada and Mexico, let’s take a moment to examine what happens when tariffs are instituted on an economy.

One problem markets are having determining the effects of tariffs is that almost everyone in finance has spent thei…