Trump’s threat of ‘easy to win’ tariff war could damage transpacific trade

The risk posed by Donald Trump’s appetite for a trade war with China could derail what promises to be a strong year for trade growth, a leading economist warned delegates at this week’s TPM conference in Long Beach.
IHS Markit chief economist Nariman Behravesh said the biggest threat to global trade expansion this year would come from policy risks, and in particular Mr Trump’s recent decision to raise import tariffs on steel …

The post Trump’s threat of ‘easy to win’ tariff war could damage transpacific trade appeared first on The Loadstar.

Source: The Loadstar

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