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The Economic Consequences of Mr Trump
The Economic Consequences of Mr Trump: What the Trade War Means for the World | Philip Coggan
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Economic policy set at the whim of one man. Tariffs up one day and down the next. Businesses bewildered, consumers alarmed. As Donald Trump wages his trade war, what will become of a global economy dependent on close trading links? Leading financial journalist Philip Coggan lifts the lid on Trump's economic gamble, why it's a universal threat and how we can make sense of this new 'age of chaos'. This is his clear-sighted and powerful rallying cry in defence of global trade - and why it matters for the world.
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“Apple currently uses 187 suppliers across 28 countries to make the IPhone” This slim volume in clear language explains why using Tariffs like a blunt instrument is bad for the economy & for businesses large & small. On again, off again creates instability, creates chaos. One of the most obvious problems shows up in our soybean market, China usually buys about 25% of ours . They have decided to source elsewhere. PS ,ultimately,WE pay the tariffs !

AmyG This policy is beyond ignorant. We are a country of morons. 😩 1mo
Leftcoastzen @AmyG well not you or me , but I get what you mean!😄 1mo
Reggie When I was watching all those videos of farmers saying none of their crops is going to be bought by China. Why are we always shit talking the country that buys our crops. And even if we reverse those tariffs they ain‘t coming back. They‘ve signed 20 year contracts with Brazil. And then we sent 20 billion to Argentina whose soybeans also got bought by China. I‘m shocked, so shocked. None of this is making sense to me. The world is so 1mo
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Reggie interconnected and we‘re isolating ourselves. I‘m gonna have to read this. (edited) 1mo
Leftcoastzen @Reggie his bailout of Argentina, he wants Milei to stay in power but also some are saying it‘s linked to billionaire investors in Argentina with links to Cheeto . Wouldn‘t surprise me if true. (edited) 1mo
Leftcoastzen @Reggie Cheeto thinks they all can‘t live without trade with the US. The world has moved on . On a happier note:Hi !😁 1mo
Reggie lol, hi! Say hi to the cats for me! 1mo
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