Trump could learn from Latin America’s tariff blunders

Trump could learn from Latin America’s tariff blunders

President Trump could learn a lesson from Latin America on how his tariffs — which have already sunk the stock market and threaten a recession — can destroy a country’s economy.

CHRONIQUE. Donald Trump is not the first to do politics with the economy. Napoleon Bonaparte had paired his diplomatic strategy with drastic export and import measures.

ThemeThe aggressive tariff policy of the Trump administration had a boomerang effect: stock indexes valued in dollars from China, the European Union and Latin America rose since Donald J. Trump assumed the presidency while those from the United States plummeted.We explain why.AbsolutelyThe Trump administration's price anger turned out to be a double-edged weapon.Since Trump took office, a sharp drop in US stock indexes and a depreciation of the …

The decision of the President of the United States of America, Donald Trump, to declare “national emergency” and impose “reciprocal allowances” on imports from the world, with few exceptions, has been the episodic note since April 2....

How will the global crisis triggered by Donald Trump on April 2 end and his announcement of the "reciprocal" rights that must apply to goods entering the United States? It is still too early to say so, but some lessons can already be drawn from these events.