Opinion Trump Promised A Trade War Here S What He S Doing Instead With u.s. president donald trump enforcing new tariffs, future aggressive methods could be used to modify global trade. tactics could include weakening the dollar, leveraging the federal reserve's foreign bank swap lines, and exploiting credit card firms visa and mastercard. Mr. trump and his team of unrepentant protectionists have made wild claims about what big tariff hikes and aggressive negotiating tactics will achieve. let’s pick the top five claims.
Opinion What Trump S Aggressive Trade Tactics Have Achieved The New President trump’s first 100 days can be best summarized in four words: promises made, promises kept. since january 20, we have witnessed a real masterclass in the art of following through. The president elect’s online threats monday of new trade wars with canada, mexico and china turned the united states back into an agent of instability, which can pitch a foreign friend or foe. Trump once famously posted on social media that “trade wars are good, and easy to win” — a claim that he’s now putting to the test against canada and mexico after imposing tariffs that within hours led to retaliatory measures by those two countries. U.s. president donald trump’s volatile economic policies have tanked the dollar and thrown its status as the world’s reserve currency into question. the euro is poised to take advantage.
Opinion Trump Is Losing His Trade Wars The New York Times Trump once famously posted on social media that “trade wars are good, and easy to win” — a claim that he’s now putting to the test against canada and mexico after imposing tariffs that within hours led to retaliatory measures by those two countries. U.s. president donald trump’s volatile economic policies have tanked the dollar and thrown its status as the world’s reserve currency into question. the euro is poised to take advantage. Last wednesday, mr. trump’s hastily devised formula for figuring out country by country tariffs came up with a 34 percent tax on all chinese goods, everything from car parts to iphones to much. Trump’s latest round of tariffs is being billed as his biggest, boldest attempt yet at reordering global trade. he has proposed reciprocal tariffs on every nation the u.s. has a trade deficit. Trump on monday paused the tariffs on canada and mexico for 30 days to allow more negotiations after those countries agreed to do more to stop the flow of illegal drugs and undocumented workers into the united states. but he went ahead with the 10% tariffs on china tuesday. Us president donald trump's use of tariffs as a blunt weapon to extract concessions on everything from commerce to immigration and drug trafficking could redraw global trading norms, analysts.
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