US President Donald Trump says his sweeping tariffs on most of the world will create jobs in the US, boost the American economy and bolster Washington’s tax revenues.
But some experts have warned that they could also push exporters towards other countries like China and risk raising prices for American shoppers.
Read the full article on the BBC website
NAM Implications:
- Essentially, the tariffs have served to alienate former trade partners…
- …that are now determined to explore alternative supplies from outside the US.
- The underlying issue is the longer-term distrust, making a reversal more difficult.
- Unprecedented times…
