The Gordie Howe International Bridge connecting Detroit and Windsor, Ontario, opened to traffic on Monday, offering a new crossing that an economic analysis estimates will save truck drivers 850,000 hours annually.
Recent research has found that tariffs can reduce economic activity to a point where inflation starts to fall. But if that happens, the economy would be dealing with much bigger problems.
A new working paper finds that the actual average tariff rate is about half of what the Trump administration has announced — with big implications for U.S. businesses and consumers.
“[Librarians], in some cases, are shipping books with the understanding that they might not get them back on a normal timetable,” said Emanuel Maiberg, co-founder and journalist at 404 Media.