Donald Trump insists tariffs will bring an economic boom to the US. But the measures may lead to a global trade war.
President Donald Trump’s decision to impose sweeping tariffs on nearly everything the United States imports could redraw the global economic order.
They include a baseline duty of 10 percent on imports and larger reciprocal tariffs.
The measures have led to retaliation – mainly from China – amid a worldwide selloff in stock markets and raising fears of recession.
Despite…
Continue Reading
News Source: www.aljazeera.com
Leave a Reply