Donald Trump sends shock waves through the global economy by visiting trade wars with traditional allies and enemies of the United States.
The President uses the border taxes in imports – to solve the things that the United States saw as “unfair” trade partners. The goal is to promote US production by being more expensive than foreign imports; Raise income and use the tariffs as a bargaining chip with trading partners.
However, economists warn that the tariffs are risking to collapse economic growth and crisis inflation. Trump’s wrong approach – repeatedly announced, stop and change his policy – also soughts to business confidence and financial markets. The Institute of International Economics holds marks on the developments:
