Many nations have been shocked and unsure by the US’s new levies, which have been levied.
Countries around the world are battling with the most recent tariff wave imposed by US President Donald Trump.
The list includes entries from more than 60 nations, some of which have levies as high as 50%.
The outcome has caused shock, confusion, and financial volatility. Additionally, the US stock market suffered, and a job report revealed slower than expected economic growth.
Trump quickly fired the head of the US Labor Statistics agency, claiming that she had “manipulated” the data and didn’t take it well.
How will these tariffs impact the world economy beyond that? Will Trump’s use of this contentious foreign policy tool have a negative impact?
Presenter: Adrian Finighan
Guests:
Harry Broadman, former US assistant trade representative and head of staff for the president’s Council of Economic Advisers, is an economist at RAND Corporation.
Seijiro Takeshita, a professor of management at the Japanese University of Shizuoka, is
Source: Aljazeera
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