Trade Wars Are Easy to Lose

Balazs Barabas

“When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with,” U.S. President Donald Trump famously tweeted in 2018, “trade wars are good, and easy to win.” This week, when the Trump administration imposed tariffs of more than 100 percent on U.S. imports from China, setting off a new and even more dangerous trade war, U.S. Treasury Secretary Scott Bessent offered a similar justification: “I think it was a big mistake, this Chinese

Tag-uri: Donald Trump

Trade Wars Are Easy to Lose https://www.foreignaffairs.com - 21.04.2025 17:44

din zilele anterioare

Trade Wars Are Easy to Lose https://www.foreignaffairs.com - 21.04.2025 17:44