Through his first 2 months in office, #Trump has raised tariffs on ~$800B in imports from #China, #Mexico & #Canada…. These #tariffs have sent the stock market careening & raised the risks of a #US #recession, while inviting retaliation against domestic industries by #trade partners.
Despite the blowback, snr Trump advisers are now publicly pledging to create a new tariff regime that would impose new duties on trade w/most countries that trade w/the US.
#economy #Trumpcession #geopolitics #USpol
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Nonilex (nonilex@masto.ai)'s status on Thursday, 20-Mar-2025 00:52:12 JST 
Nonilex
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