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President Donald Trump says he’ll impose punitive tariffs on America’s allies and rivals this weekend—25 percent on imported goods from Canada and Mexico and 10 percent on Chinese imports. We don’t yet know which industries he will exclude (Trump has mentioned oil and gas) or how the targeted countries will respond—but the expert consensus is that tariffs will drive up prices for American companies and, in turn, consumers.
That’s particularly unwelcome news for the Floridians and North Carolinians whose homes and businesses were damaged or destroyed by Hurricanes Milton and Helena, the thousands of Los Angelenos who lost everything in the recent fires, and any American community, now or in the near future, that is compelled to rebuild in the face of ever more frequent and destructive climate-change-driven disasters.
Trump’s tariffs will “fan the flames of the already challenging environment …