Trump's tariff Big Bang puts global economy under threat

The War of Tariffs – Trumps all Economies

It’s April, and the world is jittery as Trumponomics sets the agenda for a war that is bound to go beyond geographical boundaries and impact businesses, consumers, and governments across the globe. From Barbie to iPhones, chips to pharmaceutical drugs, and kitchen equipment to Halloween decor Well, it is a long list that highlights how […] The post The War of Tariffs – Trumps all Economies appeared first on Modern Diplomacy.

How Trump's trade war will hit the economy

Political scientist Simon Jackman explains how Donald Trump's trade war will impact the economy.

On Wednesday, April 2, US President Donald Trump announced the imposition of "reciprocal" tariffs under the International Emergency Economic Powers Act (IEEPA). This was advertised by the president as "liberation day," but it is really one more step in the trade war that could become rampant, according to the reaction of those affected.For some analysts, trade confrontation would only exacerbate inflation and affect American consumers, whose sit…

Trump's tariff Big Bang puts global economy under threat

It took just one 50-minute speech by US President Donald Trump to undermine global economic stability and raise the prospect of a recession, with China's countermeasures only amplifying the risk of a debilitating tit-for-tat trade war.

Trump’s Trade War Hits Billions of Dollars of Deals in 24 Hours

Donald Trump’s trade war has hit billions of dollars worth of potential mergers, acquisitions and initial public offerings in less than 24 hours.

Trump’s trade war: The world will get poorer — and the US especially

The United States is about to plunge into recession, pulling much of the world down with it. The tariffs announced by President Donald Trump on April 2 will reverse decades of rising wealth based on specialization and exchange, based on…