US Economic Fragility Exposed by Tariffs and Oil Shock (warontherocks.com)

• Indiscriminate tariffs eliminated economic shock-absorbing capacity.
• Iran war oil shock compounds tariff costs; supply chains brittle.
• Economic constraints limit US national security strategy and power projection.

"Broad US tariffs have eroded economic resilience, now compounded by an oil price spike from the Iran war. Companies absorbed costs via margin cuts and shrinkflation, but prices are now rising faster, constraining national security options. China used the Beijing summit to project equality. The article uses the footwear industry as a case study, noting tariffs up to 87.5% on children's shoes."