Instead of strategically imposing tariffs, Trump has chosen to “give the country the most massive tax increase in its history, possibly exceeding $1 trillion on an annual basis.” As stocks “nosedived” on Thursday, economists, policymakers, and campaigners around the world continued to warn about the impacts of U.S. President Donald Trump’s trade war, which includes […]
“He’s taking a sledgehammer to the economy and pursuing unpopular, reckless trade policies that will do nothing to benefit workers and only serve to increase costs for consumers,” warned one expert. After U.S. President Donald Trump announced long-anticipated sweeping tariffs at the White House Rose Garden on Wednesday, economists, labor leaders, American lawmakers, and other critics reiterated […]
Despite U.S. intelligence once again finding Iran is not currently developing nukes, the president is trying to force Tehran into a nuclear deal after unilaterally abrogating an existing one in 2018. Iran’s military has reportedly readied ballistic missiles for possible launch against U.S. bases in the Middle East after President Donald Trump renewed his threat to wage […]
“Don’t use his term ‘liberation day’! Call it Trump’s devastating trade war! He has caused maximum uncertainty, likely to drive the U.S. economy to a near halt,” wrote one economist. As U.S. President Donald Trump gears up to unveil yet another round of tariffs this week and observers warn of potential “stagflation,” the Wall Street giant Goldman Sachs on Sunday published a research […]