• The good, the bad and the ugly: Here's what could happen if Trump's trade war escalates

    4 monthes ago - By National Post

    In the post-war era, the world economy has marched steadily along, shedding tariffs, liberalizing trade, opening up markets and signing free trade deals. That is, until Donald Trump came along.
    Trump is hardly the first U.S. president to impose tariffs on other countries; Barack Obama, for example, hit Chinese tire imports with a tariff in 2009, and George W. Bush launched widespread steel tariffs in 2002, much like Trump.
    But Trump is going much further. Where Obama focused on China and Bush kept North American trade partners happy with an exemption, Trump is no longer offering such...
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