Source: Cobden Centre
by Mohamed Moutii
“As Donald Trump prepares to return to the White House, his proposed trade policies threaten to unleash economic chaos that could devastate American consumers, businesses and the global economic order. His fixation on tariffs — which he once called ‘the most beautiful word in the dictionary’ — promises to be far more destructive during his second term than during his first presidency. His trade approach heralds the dawn of a new era of US trade protectionism that will sweep many US trading partners into its ambit. Economists warn that these policies could trigger widespread retaliation, possibly ignite a full-scale global trade war and finally disrupt the US and the global economy.” (01/23/25)