Trump has turned his back on the foundation of US economic might - the fallout will be messy

Published: 4/5/2025
Trump has turned his back on the foundation of US economic might - the fallout will be messy
President Trump's decision to impose sweeping tariffs on almost every product entering the US has sparked concerns about the impact on the global economy and US trade relations. The move represents a significant shift away from free trade principles and towards protectionism, with the aim of reducing the US trade deficit. The decision has been met with criticism from experts who argue that such a move could lead to a global trade war and instability in financial markets, while also reshaping international trade dynamics.