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Trump Tariffs

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Legend
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Joined: Aug, 2012
Posts: 39038
Posted: #576

an_speak  HEADLINES today  . . . 

 

Der Fuhrer in the Oval threatens even more countries with tariffs as high as 30% unless they yield to all his demands and worship the toilet he sits on. angry

 
 
Captain
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Joined: Feb, 2005
Posts: 7902
Posted: #577

Trade expert Kristen Hopewell warns that Trump is undermining rules based trade that has brought economic prosperity to US and the world.  Instead he brings back law of the jungle by pursuing one-on-one deals with each country in divide and conquer strategy.  With no incentive to play by rules, he could simply violate deals in the future.  She proposes kicking US out of World trade organization and restoring international court to adjudicate disputes in global trade.  Fallout from Trump trade war has yet to reach consumers.  But when that happens, it's going to be a economic shock for the US.

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