Donald Trump’s tariff love affair dangerous to U.S., world economy - News Summed Up

Donald Trump’s tariff love affair dangerous to U.S., world economy


President Donald Trump’s latest catapult in the tariff wars was low comedy indeed. U.S. President Donald Trump speaks to the media prior to departing on Marine One from the South Lawn of the White House in Washington, D.C., on Tuesday. They will bash the U.S. economy and if they balloon and persist, the global economy too. Take Walmart, Amazon and Wayfair, which sell plenty of Chinese or foreign-sourced goods to Americans and Canadians, and for rocketingly low prices. As for China, Trump’s tariffs will lower that nation’s very high GDP slightly but Beijing will win in the end.


Source: thestar May 14, 2019 20:26 UTC



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