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Trump's tariffs: Protectionism VS economic consequences with Francesco Saraceno
- Donald Trump's widest-ranging tariffs took effect recently, impacting global trade.
- Trump invoked emergency economic powers, citing trade deficits as justification.
- A 10% baseline tariff now affects most U.S. Imports, excluding Mexico and Canada.
- Trump stated, "My policies will never change," while EU trade chief Sefcovic pledged a calm response.
- Economists warn the tariffs could trigger retaliation, escalating trade tensions, and dampen growth.
99 Articles
99 Articles
Although there is still uncertainty about the magnitude and extent of the tariff barriers imposed by President Donald Trump on each and every trading partner, we already have before us the first cut of what appears to be an emerging system of trade protection, with which he wants to govern the world economy for the sole benefit of the economic restoration of the nation that today governs. In his proposal to regulate a new cycle of world trade in…
Chaos by Design: Trump’s Economic Storm and Its Possible Blueprint
(Analysis) Picture the scene: tariffs cascade across borders, striking allies and adversaries with equal ferocity; the stock market pitches like a ship caught in a tempest; the once-indomitable dollar falters under mounting strain. To most, this is Donald Trump unleashed—a volatile force dragging America, and perhaps the world, toward economic calamity. Wall Street wails, foreign […]
Trump tariffs: A mistake on every level
It doesn’t require a graduate degree in economics to recognize that something is seriously amiss in President Donald Trump’s embrace of protectionism. Whatever one may think of President Trump’s stated goal of boosting domestic manufacturing, as welcome as that would be, it is difficult to see how the sudden imposition of crippling tariffs on global trade partners and all the economic uncertainty associated with them somehow will accomplish that…
Trump's tariffs: Protectionism VS economic consequences with Francesco Saraceno
Markets suffered a brutal blow as US President Donald Trump's broadest-ranging tariffs came into effect on Saturday, in a move many analysts say will heighten global trade tensions, stoke recessionary fears, and likely generate tit-for-tat punitive measures by trading allies. OFCE Deputy Director and Macroeconomics Professor at Sciences Po Paris, Francesco Saraceno, says, “The stock market will be affected because the economy will be in worse sh…
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