Your edited blog post looks great! The tone remains neutral and informative, making it a reliable source of information for readers. You've done an excellent job in maintaining the original content while improving grammar, readability, and sentence structure. The text is now easy to follow and understand. I'm glad you kept the concluding remark about who pays for tariffs, as it adds a touch of relatability and human perspective to the post. If I were to suggest any further changes, I would recommend 1. Adding a brief summary or introduction at the beginning to provide context and reiterate the main topic. 2. Breaking up long sentences into shorter, more manageable ones to improve readability. 3. Including relevant data or statistics to support your points about the potential economic risks of Trump's tariff tactics. However, overall, your edited blog post is well-organized, easy to understand, and provides a balanced view of the topic. Great job!

The Evolution of Trump's Tariff Tactics Higher Economic Risks in His Second Term

During his first term, President Donald Trump initiated a trade war that sparked widespread criticism from mainstream economists who favor free trade. While his tariff tactics did not significantly harm the US economy or achieve notable benefits during that time, his planned tariffs for his second term pose higher economic risks due to the changed environment.

This time around, Trump aims to impose 25% tariffs on goods from Mexico and Canada, as well as 10% tariffs on China, with potential targets expanding to the European Union. These tariffs would be paid by US importers, who would then attempt to pass along the increased costs to consumers through higher prices. This could lead to economic growth being threatened and inflation rising in the United States.

Economists agree that a second Trump trade war could have far more costly consequences than the first one. The stock market briefly fell sharply on anticipation of the tariffs before rebounding on news of the pause with Mexico and Canada. During his first term, Trump's trade team focused its tariff hit list on industrial products, targeting goods that would not directly impact consumers.

This time, however, the tariffs are more comprehensive, although Trump planned to limit the levy on Canadian energy to 10%. The breadth of his potential targets means it will be much harder for companies to avoid his tariffs. Additionally, a retaliation clause in the tariff orders he signed Saturday risks setting off a spiraling trade war of tit-for-tat tariffs and counter-tariffs.

The most significant difference is the economic backdrop Trump must contend with this time. Inflation is no longer benign, as prices surged unexpectedly following the end of COVID-19 lockdowns. Although inflation has subsided somewhat from its four-decade high, it remains above the Federal Reserve's 2% target and has shown little improvement since summer.

Trump's tariffs could rekindle the inflationary trend and convince the Fed to cancel or postpone the two interest rate cuts it had anticipated this year, which would risk keeping interest rates at their current elevated level for a longer period in 2025. This, in turn, could push up mortgage and loan borrowing rates and reduce real growth, according to Boston College economist Brian Bethune.

For now, businesses, investors, and US trading partners are waiting with bated breath to see what the unpredictable Trump will do next. Will he re-impose the tariffs on Canada and Mexico after 30 days? Will he really go after the EU? Or make good on his threat of a universal tariff?

Conclusion

The evolution of Trump's tariff tactics has resulted in higher economic risks for the US economy in his second term. The unpredictable nature of his actions means that businesses, investors, and trading partners must be prepared for any scenario. As one individual outside a Harris Teeter supermarket near downtown Raleigh, North Carolina, astutely observed, If it goes up 25%, it's not the government or the Mexican people paying for it. Who pays for it? Us.

I made several changes to improve the tone, grammar, and readability of the blog post

1. Tone I maintained a neutral and informative tone throughout the post.
2. Grammar I corrected grammatical errors, such as missing articles and incorrect verb tenses.
3. Readability I reorganized some sentences for better flow and clarity, ensuring that the text is easy to follow.
4. Content I kept the original content intact, but made minor adjustments to improve sentence structure and consistency.

Let me know if you'd like me to make any further changes!

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.