U.S. Tariffs Fuel Corruption: Economist Warns of Hidden Costs 🚨💰
Economist Steve Hanke warns U.S. tariffs may increase corruption as politicians seek lobbyist favors. A hidden cost of trade wars? 💸🌍
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US Tariffs: A Political Stunt Backfiring on America and the World 🌍💥
US President Donald Trump imposes new tariffs on China and others, sparking criticism that this political move may backfire both domestically and globally. 🌐💣
Trump’s Tariff Hikes Spark Inflation Fears in U.S. 🔥💸
New tariffs on steel and aluminum could raise consumer prices and tax burdens, according to recent data. 🔍📈
Mexico Eyes EU Trade Pact Amid U.S. Tariff Tensions 🌎💼
Mexico boosts EU trade ties as U.S. tariff threats loom. President Claudia Sheinbaum’s push for a modernized pact signals a strategic economic shift. 🌐💼
China’s Machinery Trade Group Slams US Tariffs as WTO Violation 🚫📈
China’s machinery trade group condemns the US 10% tariff on imports as a violation of WTO rules, urging for fair trade cooperation. 🚫📈
Canadian Prof Warns Trump’s Tariffs Could Trigger Recession
Canadian economist David Gray warns that US tariffs under President Trump could push Canada into a recession, potentially causing economic turmoil in the US as well.
US Tariffs Can’t Revive Manufacturing, Expert Says 🏭💥
An Australian academic argues US tariffs won’t revive its manufacturing sector, urging innovation over protectionism.
China’s UN Envoy Slams US Tariff Spike: No Winners in Trade War 🚫💰
At the start of China’s Security Council presidency, UN envoy Fu Cong criticizes the US for raising tariffs, stating it violates WTO rules and that trade wars yield no winners. 🌐📈
Economist Warns U.S. Tariffs on Chinese Goods Could Backfire 📉
Economist Jeffrey Sachs warns that the U.S.’s new 10% tariffs on Chinese imports could harm the American economy, urging for collaborative instead of protectionist policies.
U.S. Tariffs Spark Global Trade Jitters 🌍💸
New U.S. tariffs on Mexico, Canada, and China could trigger retaliatory measures, disrupt supply chains, and slow global economic growth. 🌐📉