Published on YouTube: Why has Trump decided to upend the global trade order? | The Bottom Line

Why has Trump decided to upend the global trade order? | The Bottom Line
As the US government imposed tariffs on goods from all other countries, President Donald Trump has asked Americans to “hang tough". But economists are warning of negative consequences for American households and businesses. Georgetown University professor Michael Strain, who heads economic policy studies at the American Enterprise Institute, tells host Steve Clemons that “the risk of recession is very, very real.” Trump believes that the tariffs will stimulate the US economy and bring jobs back after decades of outsourcing, Strain argues, but the opposite is more likely: costs will rise, manufacturing will decrease, and Trump’s approval rating will go down. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://ift.tt/GykwiN4 Check our website: https://ift.tt/NQEZYts Check out our Instagram page: https://ift.tt/l0VGJBX Download AJE Mobile App: https://ift.tt/SKWCzr5 #donaldtrump #economy #business #tariffs #tradewar #useconomy #aljazeera #aljazeeraenglish #aljazeeranewslive
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