Automotive News has been celebrating its 100-year anniversary by running articles that offer historical context about current events. The Trump administration’s “Liberation Day” tariffs would be a particularly valuable topic for this treatment. Unfortunately, so far the trade journal’s reportage has been pretty nuts and bolts. That’s useful to a point, but it doesn’t emphasize important context: Trump’s tariffs don’t represent the usual incremental policy changes a new president makes when he or she is from a different party. Instead, they reflect the most significant shift in U.S. trade policies in almost a century. If Trump goes through with his threats, the U.S. will have the highest tariff rates since the early-1930s, [...]