News24 Business | Khaya Sithole | Make America make sense again: US trade policy abandons all logic

News24 Business | Khaya Sithole | Make America make sense again: US trade policy abandons all logic

Trump's MAGA rhetoric centred on reversing job offshoring and addressing unfair trade practices through tariffs. But the logic behind the tariffs would be absurd if it were not so real, writes Khaya Sithole.

Countries worldwide faced with responding to tariffs that defy logic for economists and foreign leaders alike

The tariffs underscore how relations with the world’s economic power can no longer rest on logical argument or an appeal to the rules of international trade, which Washington is now breaking

Salceda says US has rights to tariffs, but doesn’t get logic behind rates

MANILA, Philippines—The United States (US) has its own prerogative in terms of issuing tariffs for products entering its country, but economist and Albay 2nd District Rep. Joey Salceda admitted that he does not understand the logic behind some of the tariff rates. Salceda, in a statement on Thursday, said that he expected the tariff rates

The reciprocal tariffs announced on Wednesday could have serious consequences.

The fall in stock markets around the world is not yet worrying.

Washington's new customs measures trigger a lifting of international shields, threatening the global economic balance. The unilateral decision of the United States to increase customs duties on foreign imports massively has caused a diplomatic and economic storm. The main trading powers, from Europe to Asia, denounce a dangerous protectionist measure and prepare countermeasures [...] The article Commercial war: the planet sniffs against American…