2min chapter

Geopolitical Economy Report cover image

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

Geopolitical Economy Report

CHAPTER

Intro

This chapter explores the potential implications of tariffs proposed by Donald Trump, particularly on the U.S.'s major trading partners. It highlights the conflicting goals of reducing the trade deficit while preserving the U.S. dollar's status, alongside tensions with BRICS nations pursuing de-dollarization.

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