China becomes richer and more technologically advanced every day. America's strategy to slow that momentum? Massive and onerous tariffs. This is pure folly. At best, this course of action means near-term pain for U.S. businesses and consumers. But the bigger risk is that a distracted America, beset by populist politics, will neglect the deep strengths that have made it the world's leading economic power. Questions about how President Trump's trade war will end seem increasingly irrelevant.

BING NEWS:
  • Trump’s New Trade War Will Make the Old One Look Quaint
    Just the threat of tariffs is sowing confusion, with ramifications for more than just U.S. and China, Brian P. Klein writes in a guest commentary.
    11/25/2024 - 12:45 pm | View Link
  • Trump’s trade war to wreck emerging market currencies
    Investors are underestimating the risks of a trade war under Donald Trump’s presidency, according to strategists at Bank of America. They predict a 5% slide in the currencies of emerging markets in ...
    11/25/2024 - 1:53 am | View Link
  • How Trump’s tariffs could spark a trade war and ‘Europe’s worst economic nightmare’
    European countries could be among those hardest hit if Trump follows through on tariffs. The European Union says it wants to negotiate but is prepared to retaliate.
    11/19/2024 - 11:54 pm | View Link
  • Trump's tariff plan could spark a trade war — and U.S. taxpayers would pay the price
    Donald Trump ran on a promise to lower inflation and fix the American economy — an economy ... tariffs on you and then you will have a trade war. Trump sparked a trade war with China during ...
    11/16/2024 - 11:00 am | View Link
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