Trump, Global and free trade
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President Trump ushered in a new era of US trade policy Tuesday — a national course correction after decades of unfair trade practices harmed American industries and exposed the wider economy to unsus...
From New York Post
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
From Reuters
China vowed retaliation, as did the European Union, which faces a 20% duty.
From Reuters
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Opinion
The ridiculous real story behind the tariff plan that turned Donald Trump into a global disasterRachel Maddow looks at ways to understand the scope of the damage Donald Trump has done to the entire world economy, and reminds viewers where the tariff idea came from that has turned Donald Trump into a one-man global disaster.
JP Morgan chief economist Michael Feroli said in a note Trump’s tariffs could have a massive impact on U.S. and global markets, and that it amounts to the largest tax increase for Americans since 1968.
We found if the Earth warms by more than 3°C by the end of the century, the estimated harm to the global economy jumped from an average of 11% (under previous modelling assumptions) to 40% (under our modelling assumptions). This level of damage could devastate livelihoods in large parts of the world.
which CinemaBlend's Sean O'Connell called "one of the greatest episodes of television I have ever seen," confronting Sinatra over the truth about the fate of his wife after the global catastrophe.
US President Donald Trump’s tariff plan will completely upend the global economy, throwing the trade system into chaos.