The Global South Will Pay for Trump’s Trade War | by Jayati Ghosh - Project Syndicate

The Global South Will Pay for Trump’s Trade War | by Jayati Ghosh - Project Syndicate

Donald Trump’s tariffs have disrupted supply chains, roiled global markets, and escalated the trade war between the United States and China. While US consumers brace for higher prices, low- and middle-income countries will bear the brunt of the crisis, from currency depreciation to rising borrowing costs.

The Global South will pay for Trump’s trade war

US president Donald Trump’s tariffs could lead to a manufactured global recession, with the developing world bearing the brunt.