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Why Trump’s Tariff War with China is More Dangerous Than He Thinks

Posted on the 31 December 2024 by Phil's Stock World @philstockworld

Trump's plan to wage economic war against China runs the risk of alienating US allies and having no effect on Beijing's fortunes

By Terry Su, South China Morning Post

US president-elect Donald Trump called tariffs " the most beautiful word in the dictionary" during his campaign for re-election. Judging by his now well-known character and first-term record, he is certain to walk his talk after his inauguration on January 20 and impose tariffs across the board on all goods imported into the United States.

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