, Columnist
‘Trumponomics’ Takes a Heavy Toll on the World
IMF report shows the impact of U.S. tax cuts and tariffs on global growth and emerging markets.
The prime suspect for slowing global growth lives in the White House.
Photographer: Nicholas Kamm/AFP/Getty Images
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Donald Trump’s shadow looms large over the world economy.
The U.S. president is presiding over an economic boom in his country that has pushed its unemployment rate to its lowest level in nearly 50 years. It’s not certain that the good times will last, and they may come at the expense of debt sustainability. What’s indisputable, though, is the toll that “Trumponomics” is already taking on other countries.