Donald Trump’s Tariff Plan ‘Economically Damaging’ say economists
Former President Donald Trump recently threatened to impose 100% tariffs on countries abandoning the U.S. dollar, with the aim of reinforcing the dollar’s global dominance. Hao Hong, chief economist at GROW Investment Group, warned that such a strategy could be economically damaging for both the U.S. and China, potentially raising inflation in the U.S. while…