Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier. Protectionism (Trade), United States Economy, United States Politics and Government, Regulation and Deregulation of Industry, International Trade and World Market, Presidential Election of 2024, Federal Budget (US), Inflation (Economics), Interest Rates, Customs (Tariff), Income Tax, Taxation, Trump, Donald J Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier. NYT > Business