| This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership. New subscribers can sign up here; follow us on Bluesky, TikTok, Instagram, LinkedIn and Threads. A common maxim of trade wars is that the best retaliation is not to retaliate at all. Such conflicts, after all, are counterproductive in the first place. Raising levies on imports simply increases costs for domestic consumers, more than offsetting the benefits that local producers may enjoy from the higher prices they receive from the shift in spending. The best solution is just to stand aloof from this contest of economic self-harm, however much you're provoked. That's the case with most economies — but China may be a rare exception. That's because the world's biggest manufacturer has spent decades building an economy that's already largely war-proofed against blowback from its own trade practices.
Read the whole thing. Taiwan Has a Road Map for Deeper US Trade Ties — Lai Ching-te Stagflation Is Now America's Best-Case Scenario — Bill Dudley The Japan Tariff Myth That Just Won't Die — Gearoid Reidy Trump Is Smashing a 'Phenomenal' Deal He Already Has — Lionel Laurent Will Republicans Really Let the Global Economy Crash? — Nia-Malika Henderson Trump Created an Economic Sinkhole. He Doesn't Care — Timothy L. O'Brien The Fed Must Resist Repeating Past Mistakes — Mohamed A. El-Erian This Marco Rubio Is Unrecognizable — Mary Ellen Klas The Only Thing Dumber Than a Trade War Would Be a Real One — Bloomberg's editorial board More From Bloomberg Opinion | Want to test your knowledge of the week? Try out Bloomberg News' Pointed quiz, a first-of-its-kind trivia game that allows you to place bets on your own smarts. | 
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