9min chapter

Geopolitical Economy Report cover image

Trump's tariffs could cause huge global crisis, warns economist Michael Hudson

Geopolitical Economy Report

CHAPTER

Trump's Trade Policy Dilemmas

This chapter explores the contradictions within Trump's trade policies, particularly the balancing act of reducing the U.S. trade deficit while retaining the dollar's global supremacy. It discusses the potential repercussions of tariffs on the global economy, highlighting the risks of financial crises as countries face debt repayment challenges due to changing dollar dynamics.

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