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I know what lies behind Trump's tariffs

Donald Trump's economic decisions have caused consternation globally, but there may be a method to his madness. Trump's approach, inspired by Treasury Secretary Scott Bessent, aims to burst the stock market bubble before extending time-limited tax cuts. The US has survived its big spending and borrowing ways so far, but the risk of a run on the dollar should not be discounted. Trump's assault on trade imbalances, foreign aid, and bloated government may bring federal spending, borrowing, and debt under control, but it also poses a danger to global stability.

Original article source: https://www.dailymail.co.uk/money/mailplus/article-14504753/Trump-tariffs-genius-madness-ALEX-BRUMMER.html
Source Id: 8592711432

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