Impact of Trump's Trade Policies

This chapter examines the consequences of trade tariffs implemented during Trump's presidency, leading to a record U.S. goods trade deficit and potential recession. It highlights the ripple effects on global trade, product scarcity in American markets, and the loss of confidence in U.S. assets. Additionally, the chapter discusses the rise of Mark Carney as a counter to Trump's influence and the implications for international collaboration in the post-Trump era.