A New Layer of Global Uncertainty When governments start adjusting tariffs, they aren’t just tweaking trade policy — they’re changing the rules of the global economic game. Recent U.S. tariff actions have added another layer of uncertainty to an already fragile system. Markets don’t like uncertainty. Businesses don’t like uncertainty. And working families definitely don’t like uncertainty — because it usually shows up in the form of higher prices. One analyst described the situation as “opening a Pandora’s box.” That may sound dramatic, but the point is simple: once trade tensions escalate, they rarely unwind cleanly. Tariffs are not abstract policy tools. They are taxes on imported goods. And taxes always get paid by someone. Tariffs and Inflation: The Quiet…
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