The most disadvantaged Americans are poised to get hit the hardest by Trump’s trade war
|11/30/2018||Posted by BusinessMediaguide.Com under General World News||
- Washington and Beijing have placed duties on hundreds of billions worth of each other’s products.
- The effects of protectionist policies tend to be unevenly felt by Americans.
- Economists say tariffs could most affect those who can least bear the burden of increased prices and retaliatory actions.
If President Donald Trump follows through with threats to escalate protectionist policies against China, consumers across the country are bound to notice higher prices and more difficult business conditions. But economists say negative effects won’t be evenly felt.
The two largest economies have so far targeted hundreds of billions worth of each other’s products. And as The read more >>>