Trump starts trade war

 

Economics just got bloody

From the first from presidency, Donald trump should have noticed the terrace don't actually help the American economy.  The world economy shuts down the hatches, and America is first and foremost a trading nation.

Ironically enough Americas house out sourced its component manufacture.  To composite Vietnam who has just had 26 per cent tariffs imposed.

Ironically enough that will raise the cost of American Companies.  And America is very much not alone.  The major trading blocs are China and the EU.  Even Japan has also had A tarrifs rate of 26 per cent in pounds.  And Japan is a major trader with America.

The world there is a lot more interconnected than in the 1920s.  When the world realise it tarrifs were not a good idea.  The got the introduction of the GATT international treaty on tarrifs.

As sinking ago to wash and D. C. for three months this year, maybe save for a couple of years!  To the PH D work into immunology: academics get an automatic green card for a academic research.

But if we get a full trade war, money is going to get a lot tighter.  And my financial people mass is likely to grow at my request for foreign travel and study.

So trials tarrifs will hit American manufacturers.  And restricted global trade.  J wasTrumpelected on improving the U.S. economy, so increasing international trade.

How will the EU react?  With particular the Germans Europe misery technically advanced trading bloc.  China it tends to concentrate on low priced items.

Was over a year ago the Wall Street Journal ran an article, whereas in the U.S.  Or my regular trips, the turnout was innovating and DVD players.  Buzzing in a series link to the recorder software.

The rest the world four was a good idea and Covid the software.  So China it getting increasingly independent of American interference.  A truly massive trading bloc!  The latest data I forget the Chinese economy was that the population was at 1.411 billion (2023).

The American population is at 330,000,000.  So trials if those tarrifs I's first presidential term.  They definition of stupidity ears 'to repeat action, and expect different results for no reason'

Tarrifs had a negative effect on American economic performance.  And the first triumph presidency.  Today he the world is my interconnected.  The terrace for hit my care of Apple, a major supporter of trumps before the election.

The economic consequences from for absolutely huge!  Did Donald trump never think it through?  He is that the UK the terrace of 10%.  The same markets were expecting.

Your policy UK into have a stronger ties to the EU.  Which historically has never been a good thing!

Economists have warned that these tariffs could throw the UK's economy off course, complicating efforts for the government to meet its self-imposed borrowing rules. The added pressure of higher borrowing costs could slow economic growth and force the government to cut public spending or raise taxes to stay within its borrowing limits.

       12 April, still at war with China.