Thursday, April 17, 2025

Trade Wars - Winners and Losers

The False Promise of Tariffs
https://www.project-syndicate.org/commentary/debunking-trump-tariff-claims-by-dambisa-moyo-2025-04
Supporters of US President Donald Trump’s protectionist policies claim that tariffs will boost government revenue, fuel job creation, and revive American manufacturing after decades of globalization. In fact, Trump’s tariffs are more likely to raise consumer prices, weaken innovation, and undermine US competitiveness.

A Trade War with China Is a Very Bad Idea 
https://www.aol.com/trade-war-china-very-bad-100000619.html


It is finally clear who really stands to benefit from Trump’s trade war
https://www.telegraph.co.uk/business/2025/04/17/americas-corporate-giants-falls-victim-trump-nvidia/
While America fells its own corporate giants, China’s tech powers are only growing stronger.
 
Trump has already lost his trade war against China
https://www.telegraph.co.uk/business/2025/04/15/donald-trump-has-already-lost-his-trade-war-against-china/
Beijing is hardly likely to roll over given its financial and global trading strength.
 
Can China Fight Deflation and Trump’s Tariffs at the Same Time?
https://www.nytimes.com/2025/04/17/business/china-deflation-trump-tariffs.html
China is facing a double whammy: corrosive deflation and tariffs that threaten to block trade. Chinese workers will be the biggest casualties.
 
Trump's tariffs are designed for maximum damage—to America
https://www.piie.com/blogs/realtime-economics/2025/trumps-tariffs-are-designed-maximum-damage-america
 
Let's stop the trade deficit blame game
https://www.piie.com/blogs/realtime-economics/2025/lets-stop-trade-deficit-blame-game