It is almost eight years since US President Donald Trump first declared that “trade wars are good, and easy to win”. How much longer will it take him and his tariff hawks to eat those words, and acknowledge the crass economic illiteracy of that conviction? How high a price must everyone pay – in particular, US consumers – before he calls off his tariff war?
As America’s Christmas shopping season gets into full swing, typically accounting for around one third of US retailers’ annual profits, the…
Original Article: https://www.scmp.com/opinion/world-opinion/article/3336113/us-christmas-shoppers-are-paying-high-price-trumps-tariffs?utm_source=rss_feed
