Trump Revives Trade War Fears: New Tariffs Spark Concerns of Escalation with china
Washington D.C. – Just when a fragile truce seemed to be holding, former President Donald Trump is once again rattling the global economy with renewed threats of escalating tariffs, particularly targeting China. Following a recent court ruling questioning his authority on “reciprocal tariffs,” Trump has signaled a significant hardening of his stance on trade, raising concerns about a potential resurgence of the trade wars that defined much of his first term.
A History of Tariffs under Trump
From the outset of his presidency, Trump vowed