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‘In economic terms, Trump’s tariffs make no sense at all’

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President’s shock move has no historic parallels, but the deep uncertainty for the global economy may prove as destructive as the tariffs

From world leaders, to the tiniest manufacturers thousands of miles away from Washington, decision-makers across the global economy are racked with uncertainty this weekend, as they scramble to come to terms with Donald Trump’s historic tariffs.

Experts are all but unanimous that the impact of Wednesday’s extraordinary Rose Garden press conference on global growth will be negative – but just how bad remains highly uncertain.

Continue reading…President’s shock move has no historic parallels, but the deep uncertainty for the global economy may prove as destructive as the tariffsFrom world leaders, to the tiniest manufacturers thousands of miles away from Washington, decision-makers across the global economy are racked with uncertainty this weekend, as they scramble to come to terms with Donald Trump’s historic tariffs.Experts are all but unanimous that the impact of Wednesday’s extraordinary Rose Garden press conference on global growth will be negative – but just how bad remains highly uncertain. Continue reading…