economic commentary

June 30, 2018 - Trade Tariffs Roil Markets

The global trade tariffs implemented by President Trump are quickly turning into the potential for an all‐out trade war. Although China has been the main target, tariffs have been levied on Canada along with other major trading partners in Europe. As expected, many of these countries have retaliated by implementing their own tariffs against the U.S. A further escalation could result in a global trade war which would be very damaging to the global economy, including the economy of the United States.

Economic Commentary Archive