Trump's Unexpected Tariff Surge

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CNN

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US Politics

Trump is right: Everyone will remember the day he launched a total trade war

Summary

Nutrition label

68% Informative

Donald Trump took the greatest gamble with the US economy of any modern president.

The biggest political surprise is that Trump is about to inflict real pain on Americans .

Poorer people will get hurt more than Trump ’s rich friends, as will those who live on fixed incomes and can’t bear to look at their 401ks .

Some economists predict a return to the kind of trade barriers that caused the 1930s Great Depression will spark a recession.

But barring a reversal that would turn into a major political climbdown, given his choreographing of a “historic” turning point for America , Trump is not blinking this time.

For once, Trump ’s hyperbole could come back to haunt him.

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informal

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English

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