As the saying goes, “History does not repeat itself, but it rhymes.”
After a long exile, tariffs are back, and they’re being levied on billions of dollars of traded goods, ranging from steel and aluminum to Harley-Davidson motorcycles. They’re part of a trade war between the U.S. and China, and between the U.S. and the EU (although a conversation this week between President Donald Trump and Jean-Claude Juncker, president of the European Commission, may ease some of those tensions — we will see).
