US EditionTrump trade war: Why a figure of 48% is important as escalation nears
6 Articles
6 Articles
$1.4 trillion trade war: How Trump tariffs could hit the world, may lift India slightly - The Times of India
President Trump plans to announce 'Liberation Day,' imposing 25% tariffs intended to boost US revenue by $6 trillion over a decade but risking global economic instability. Economists predict a $1.4 trillion global income hit, inflation, and disrupted trade. While some countries like India may gain initially, experts warn of long-term negative impacts.
Ronald Reagan warns of Donald Trump trade war tactic in speech from 1988
Former US president Ronald Reagan warned of a Donald Trump-style trade war tactic in a radio address nearly 40 years ago. A video from Mr Reagan’s 1988 speech, focusing on Canadian elections and free trade, has resurfaced in light of Trump’s presidency and tariffs. Mr Reagan used his radio broadcast to warn against “trade wars“ and beware of “demogogues who are ready to declare a trade war against our friends”. The 1988 speech is in sharp contra…
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