Make America groan again? A trade war costs jobs and puts up inflation. If Trump messes up the economy he will become the most unpopular President ever. Big promises come with big disappointments.
Reposted from
Prem Sikka
Donald Trump imposes 25% tariff on imports from Canada (10% Canadian oil/energy) and Mexico from tomorrow.
Chinese exports will receive an additional 10% tariff on top of the 10% imposed earlier this year.
US households would bear extra cost of over $1,200 a year.
So, madness begins.
Chinese exports will receive an additional 10% tariff on top of the 10% imposed earlier this year.
US households would bear extra cost of over $1,200 a year.
So, madness begins.
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