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Why a President Trump Could Start a Trade War With Surprising Ease

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'Mr. Trump is proposing a reordering of the global economic system that would fundamentally reshape the structure of American industry. He could start a trade war that would threaten not only American exporters who need access to foreign markets, but also any business that relies on commodities or products made overseas. international trade policy is one area where a President Trump could unilaterally deliver on the changes that he has promised.

'Mr. Trump has said that as president he would “rip up” international trade deals such as the North American Free Trade Agreementwithdraw from the World Trade Organization and sharply raise the tariffs charged on goods imported from China and Mexico. As president he could pretty much do it. And there’s very little Congress can do to stop him, even if the result is a costly trade war.'

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At www.nytimes.com

 

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Susan Lee Schwartz Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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