Economics

Trump’s Trade Policies ‘Do Not Work,’ Says Former Head of WTO

  • U.S. will import goods from other countries rather than China
  • U.S. consumers are paying the price of tariffs, he says
Trump's Approach to Trade Doesn't Work, Ex-WTO Head Lamy Says
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President Donald Trump’s policies on trade do not work because imposing tariffs on goods from certain countries will result in product being imported from other nations, former World Trade Organization Director General Pascal Lamy said.