Today: Apr 22, 2025

Understanding Tariffs and Their Consequences

2 weeks ago


It was billed as a “declaration of American economic independence.”

This week, President Trump unveiled sweeping tariffs on nearly everything Americans buy from overseas, reordering the global economy as we know it.

But are America — and the world — ready for the repercussions?

The New York Times journalists Michael Barbaro, Peter S. Goodman and Astead W. Herndon dissect what’s at stake for consumers and businesses caught up in the president’s trade war.



Source link

Keep exploring EU Venture Capital:  Trump’s tariffs and the threat to global trade: A wake-up call for developing economies

EU Venture Capital

EU Venture Capital is a premier platform providing in-depth insights, funding opportunities, and market analysis for the European startup ecosystem. Wholly owned by EU Startup News, it connects entrepreneurs, investors, and industry professionals with the latest trends, expert resources, and exclusive reports in venture capital.

Leave a Reply

Your email address will not be published.

Don't Miss

Canadians look for new global trade partners in face of U.S. tariffs

Surrey-based company says ‘Canadians are going to diversify’ as trade war continues

First shockwaves of Trump’s tariffs are about to hit the world economy

Three weeks after US President Donald Trump effectively declared a trade war