Trump’s Trade Wars: A Brexit-Sized Warning for the US Economy
Trump’s Trade Wars: A Brexit-Sized Warning for the US Economy Hey friend, remember Brexit? The whole drawn-out, messy, economically uncertain situation in the UK after they left the EU? Well, two leading economists, Jonathan Haskel and Matthew Slaughter, argue that Trump’s chaotic trade policies are setting the US up for a similar, potentially disastrous, outcome. Their main point? Uncertainty kills investment. Trump’s constant shifting of tariffs, threats, and negotiations – what the US Treasury Secretary called “strategic uncertainty” – has…