Trump is betting the economy on his tariff theory

In President Donald Trump’s telling, tariffs are the political equivalent of duct tape: you can use them to fix anything.

For example, they’re a negotiating tool — he used the threat of tariffs to pressure Canada and Mexico to implement border policies he liked. He also sees tariffs as a revenue source that might help offset his proposed $4.5 trillion in tax cuts and as a shield to protect American manufacturing jobs from overseas competition.

With all of these potentially conflicting aims, and with another major round of tariffs expected to be announced on Wednesday, what is the strategy behind them?

Rana Foroohar, a Financial Times columnist and the author of Homecoming: The Path to Prosperity in a Post-Global World, says they’re an “experiment” that could lead to a big change in the way the global economy works.

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South Korea admits to widespread adoption fraud. Here’s one story

Last week, South Korea’s Truth and Reconciliation Commission found that Korean adoption agencies were responsible for widespread fraud, malpractice and even human rights violations.

More than 140,000 South Korean children were adopted by families living abroad in the decades after the Korean war. The report documented cases in which agencies fabricated records and others in which abandoned children were sent abroad after only perfunctory efforts to find living guardians.

Documentarian Deann Borshay Liem was an adult when she first learned the story she’d been told about her identity was a lie. She was adopted by an American family from California in 1966, when she was eight years old. Her adoption records said she was an orphan, but she eventually discovered her birth mother was alive, and she had a large extended family in South Korea.

She shares her adoption story, her reaction to the commission’s report, and her thoughts on what justice looks like for adoptees.

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