In a speech in the rose garden of the White House, President Donald Trump left no doubt about it: in his opinion, the age of globalization is over. He announced far -reaching import tariffs to foreign goods and thus underlined his economic course. The measures directly ensured turmoil on Wall Street, where the stock market courses fell considerably. According to Brian Schwartz, business editor of Wall Street Journal, Trump has been working on this moment for years. His goal: to better protect the US industry from foreign competition.
Listen to the journal’s English -language podcast. Schwartz explains what the possible consequences of these import tariffs are and speaks to an American entrepreneur who already feels the effects of the tariffs.
Source: The Journal
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