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2016-11-11 — nzherald.co.nz
The Peterson Institute for International Economics - a non-partisan think tank of free trader views - points to three of Trump's stated positions in particular: his vows to impose a 35 per cent tariff on Mexico; impose a 45 per cent tariff on China; and renegotiate existing free trade agreements.
... Peterson's modelling concludes that the resulting trade war would tip the United States into recession by 2019, but that gross domestic product might return to where it would have been by the mid-2020s - assuming disrupted supply chains can be replaced and alternative markets found for US goods. This is actually a reasonable discussion (though, obviously, not approving) of Trump's main policy programme points. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |