Has Trump won the trade wars?
His tariff strategy remains a strategic gamble with uncertain payoffs
Add BT as a preferred source
TRADE tensions are continuing to evolve, as US President Donald Trump last week unveiled his much delayed reciprocal tariffs. He increased tariffs on merchandise from about 70 countries and raised the rate on certain products made in Canada to a punitive 35 per cent.
Trump claims his moves will rebalance a global trade system that he argues has been tilted against the world’s largest economy.
But the question of whether Trump has emerged victorious from the trade wars requires a complex economic and geopolitical assessment that focuses on economic outcomes, strategic objectives and long-term implications for American competitiveness.
TRENDING NOW
Xi Jinping has just rewritten the rules of US-China rivalry
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
In the EV race, Japan’s most dangerous rival could be closer to home than China
Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing
