Confusion abounds. Social mood offers clarity
It was no April’s Fool’s joke. On April 1, Bloomberg published its Economic Global Trade Policy Uncertainty Index below. It shows a parabolic surge in anxiety over U.S. trade policy – even before the April 2 Liberation Day!
Our March 2025 Socionomist cover story “Tariffs, Trade Wars and Social Mood”
Why tariffs? Why now. As this article will show, tariffs started as an early form of revenue and have since become a retaliatory tactic that governments use when they believe trading partners act unfairly. Since the early 20th century, tariffs have often been a tool of protectionism – and protectionism is a manifestation of negatively trending mood.
From the Tariff Act of 1789 to the reciprocal tariffs of April 2, 2025 – the March 2025 Socionomist establishes the root cause of the current administrations’ aggressive trade policies. And it’s nowhere in the lexicon of mainstream explanations!
For a limited time, read the entire March issue — plus get the January and February issues — for just $40.
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