RPT-COLUMN-The 'phoney trade war' may be ending: Mike Dolan
Published on: Oct. 15, 2025, 3:33 p.m. | Source: Devdiscourse
In some respects, the last few months may have been a bit of a phoney trade war - not unlike the eight-month 'Phoney War' after the start of World War Two in 1939 when no major military activity actually took place. As most U.S. tariffs only really hit in earnest from August, government data has yet to pick up any lasting impact and the shutdown dropped a veil on all new releases two weeks ago.
