
Five great reads, watches, and listens on tariffs
It’s Aug. 1: President Trump’s latest deadline for the world to agree to trade deals with the U.S. — or face crippling tariffs. If that sounds familiar, we’ve been here before. It’s unclear what’s going to happen.
Some tariffs could be paused (again). Trump posted on social media yesterday that Mexico is getting a 90-day reprieve. Or we might find ourselves in a trade war. As of yesterday, India looked bound for a tariff rate of 25 percent.
Trump is trying to use tariffs to get Canada to not recognize a Palestinian state. The administration claimed it reached last-minute deals with Thailand and Cambodia; Thailand and Cambodia weren’t so sure. We still don’t know what’s going to happen with China. (Are these tariffs even legal, anyway?)
It’s not easy to follow, and the White House added to the confusion by releasing a long list of sweeping new tariff rates just hours before the deadline, ranging as high as 41 percent on some imported goods. While we all wait for the dust to settle — you can find the latest updates here — here are five things to read (and watch) that have helped me understand the big picture:
1) Start with the basics: How do tariffs work? And who exactly pays for them? (From February)
2) Learn about the men behind Trump’s tariffs (yes, they’re all men). I love this short video: “If there is one thing you need to know about Peter Navarro it’s that this time last year he was in prison.” (From April)
3) What constitutes a trade “deal” for Trump, anyway? His administration isn’t using the term as it’s traditionally been understood. (From July)
4) Unexpected fallout: China is flooding the rest of the world with cheap exports now that it can no longer access U.S. markets. (From June)
5) Most economists, American and otherwise, have lamented the trade war as an act of self-harm. But if you’re interested in hearing the case for tariffs, listen to Times Opinion columnist Ross Douthat’s interview with conservative economist Oren Cass. He argues that tariffs really can help the U.S. bring back manufacturing. (From April)

Bonus graphic: Here’s a map to help you keep track of the latest developments.
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Arab states called for Hamas to disarm
The world’s Arab countries for the first time have joined unanimously in the call for Hamas to lay down its weapons, release all hostages and end its rule of the Gaza Strip, conditions that they said could help the establishment of a Palestinian state.
The 22 member nations of the Arab League also condemned Hamas’s Oct. 7 attacks on Israel, which set off the devastating war in Gaza. The surprise declaration, which came at a U.N. conference in New York, called for the deployment of “a temporary international stabilization mission,” invited by the Palestinian Authority.
Diplomacy: Steve Witkoff, Trump’s Middle East envoy, held talks yesterday with Prime Minister Benjamin Netanyahu in Jerusalem.

Russia struck Kyiv after U.S. threatened sanctions
Russia bombarded Kyiv with missiles and drones yesterday, striking more than two dozen locations and killing at least 16 people in the Ukrainian capital. Officials said that more than 150 people were wounded in the strikes, which began around midnight when swarms of explosive-laden drones descended on the city. They were followed hours later with missiles.
The assault came shortly after Trump threatened new sanctions on Moscow if President Vladimir Putin did not end the fighting in 10 days. Russian officials have dismissed the warning.
More from Russia and Ukraine:
| After a public backlash, Ukraine’s Parliament voted to restore the powers of the country’s anti-corruption agencies.Trump had a vicious social media exchange with former president Dmitri Medvedev of Russia. |
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