Trump’s tariff just opened the door to the next global economic crisis
|06/30/2017||Posted by BusinessMediaguide.Com under General World News||
While the world was being distracted by a million other dramas coming from the White House, the President has been mulling a trade war.
According to Axios, the President Trump and his Commerce Secretary Wilbur Ross support a plan for a 20% tariff on steel exports to the US. Most fo Trump’s cabinet is against the measure, but the President seems dead set, and believes this is what his base wants.
What all of this means is that President Trump has opened the door to the next global economic crisis.
According to a paper by the Bank of International Settlements, the global read more >>>