US Tariff Game Backfires: History Repeats Itself?
The US government’s recent tariff threats are backfiring, hurting its own economy and consumers, echoing past mistakes like the 1930 Smoot-Hawley Tariff Act.
Economic Impact
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Tariffs or Taxes? How U.S. Trade Policies Hurt Everyday Americans
U.S. trade policies aimed at protection are causing prices to soar, hurting ordinary Americans and straining the global economy.
Tariffs and Tensions: International Tourists Shy Away from U.S.
Tariffs and global tensions are causing fewer international tourists to visit the U.S., impacting the economy and tourism sector.
U.S. Tariffs Send Shockwaves Through Global Economies
U.S. tariffs are causing economic turmoil worldwide, impacting industries from agriculture to automotive manufacturing, and prompting global calls for cooperation to resolve escalating trade tensions.
US ‘Reciprocal Tariffs’ Threaten Global Trade Stability
The US’s ‘reciprocal tariffs’ policy disrupts global trade norms, raises consumer costs, and may harm both the US and global economies.
Global Trade Feels the Sting of Ongoing Trade War
Global trade is being strained by the ongoing trade war, with experts predicting significant losses in trade volume for the rest of the year.
Experts Warn Trump’s Tariffs Hit Global South Hard
Experts warn that U.S. President Donald Trump’s tariffs are hitting the Global South hard, with developing countries like Bangladesh and the Bahamas facing severe economic consequences.
US Tariffs May Backfire, Warns Standard Chartered’s CIO
Standard Chartered’s CIO warns that the US may face the biggest impact from its new tariffs, as markets recognize the US as the source of tariff-driven uncertainty.
California Challenges Trump’s Tariffs, Citing Harm to State Economy
California has become the first state to sue the U.S. federal government over tariff policies, with Governor Gavin Newsom citing significant harm to the state’s economy and industries.
US Unilateral Tariffs Spark Global Concern over WTO Violations
The US is imposing unilateral tariffs that violate WTO rules, causing global concern over trade and economic growth.