Economics

Trump ‘Gone Rogue’ on Trade Is Last Thing Global Economy Needs

  • New Mexico threat will hurt supply chains and companies
  • Development doesn’t bode well for China-U.S. talks either
Berenberg's Pickering, TS Lombard's Singh Discuss U.S. Tariffs on Mexico, China
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Economists warned that U.S. President Donald Trump’s vow to impose a 5% tariff on Mexican goods poses a new danger to the world economy.

They worry the move will further upend supply chains and trade diplomacy and diminishes the likelihood of a near-term breakthrough with China.