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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.
shows how the US administration’s trade agenda will harm the very people it claims to be helping.
Donald Trump’s tariffs have disrupted supply chains, roiled global markets, and escalated the trade war between the United States and China. While US consumers brace for higher prices, low- and middle-income countries will bear the brunt of the crisis, from currency depreciation to rising borrowing costs.
explains how the administration’s policies are fueling debt and instability across the developing world.