People & Profit - How geopolitics and trade wars are reshaping the global economy
3 Articles
3 Articles
People & Profit - How geopolitics and trade wars are reshaping the global economy
Countries that once followed the gospel of free trade and liberalism are changing tack and focusing on national interests before anything else, with Donald Trump’s America being a case in point. Our…
These Countries Could Hurt the US the Most in a Trade War
President Donald Trump’s recently implemented tariffs represent a break from decades of economic precedent. In the years leading up to Trump’s first term in office, goods imported to the U.S. were taxed at an average rate of between 2% and 4%. Now, in the early months of his second term, Trump has enacted a minimum 10% tariff on every country, and even higher rates for certain goods from many of America’s biggest trading partners — including Can…
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