Analysis
December 4, 2025
Final Thoughts
Written by Michael Cowden
It’s not quite time to roll out the year-in-review articles. But when it is, there’s little doubt that we’ll be writing a lot about President Donald Trump and his tariffs – whether we’re talking reciprocal tariffs, Section 232s, or any number of increasingly exotic sections. (Section 122, anyone?)
Trump isn’t a king, except when it comes to tariffs. Because, for better or worse, Congress and the Supreme Court have granted US presidents king-like powers. And as I’ve noted before, and especially with Trump, big changes to US tariff policy can come at the speed of social media. There is little or no regard for ships on the water.
