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Trump Wields U.S. Power With Unclear Economic Consequences

3 February 2025
in Business
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Trump Wields U.S. Power With Unclear Economic Consequences
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President Trump is using the U.S. economy as a weapon by threatening tariffs on major trading partners like Canada, Mexico, and China to push for border control measures and better trade terms. While Canada and Mexico received short delays on tariffs, China faces immediate action. Economists warn that trade wars could harm all involved, with potential impacts on GDP and job loss. Trump’s tactics have raised concerns about long-term damage to international trade norms and predictability, leading to uncertainty in the global economy.

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