Trump escalates global trade war with sweeping new tariffs
Donald Trump has announced a barrage of tariffs against US adversaries – and allies. The president says the move will boost manufacturing and punish other countries for what he says are unfair trade practices. Steps announced today include a 25 percent levy on imported cars. The White House says the tariffs will boost government income by hundreds of billions of dollars. Economists say they could trigger a recession and raise the cost of living for middle-class Americans.
Credit DW News
Please support our Sponsors here :