Wall Street Journal (October 18)
2024/ 10/ 20 by jd in Global News
In his first term, “Donald Trump resurrected tariffs as a tool of economic diplomacy.” His relatively strategic use of tariffs resulted in “a world trading system with a bit more friction, but it remained largely intact.” If re-elected, Trump’s threatens to “radically remake world trade” with the blanket use of tariffs. Aside from higher prices in the U.S., “the outcome could be anything from an all-out trade war, to a new trading system among U.S. allies united by their collective frustration with China.”
Tags: China
