Trump’s tariffs to cost global economy $2 trn – Bloomberg

Donald Trump

The US president’s trade policy is slowing investment and reshaping supply chains, according to the outlet The global fallout from US President Donald Trump’s tariffs is set to wipe out $2 trillion from the world’s economy by 2027 as a result of trade and investment disruptions, Bloomberg reported on Monday. Since returning to office in January, Trump has embarked on a tariff campaign aimed at protecting US manufacturers and overturning trade deficits. In April, he introduced a blanket 10%

Tag-uri: Donald Trump

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