Summary of If the Trade War Starts to Damage the Economy, Here’s How You’ll Be Able to Tell

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

If the Trade War Starts to Damage the Economy, Here’s How You’ll Be Able to Tell summary
Start getting smarter:
or see our plans




  • Eye Opening
  • Overview
  • Hot Topic


Many observers believe that the Trump administration’s efforts to contract the US trade deficit through tariffs imperil global commerce. While officials insist that the duties are merely a tool for leveraging concessions from trading partners, tariffs on steel, aluminum and a host of other products are beginning to affect businesses. Financial journalist Neil Irwin examines possible early warning signals of duress to the US economy should trade hostilities boil over. getAbstract recommends this timely and informative article to executives and trade experts.

About the Author

Neil Irwin is a senior economics correspondent at The New York Times



President Trump’s tariffs are already making an impact on a number of US businesses. Harley-Davidson is relocating some of its manufacturing overseas to avoid “retaliatory tariffs,” while soybean farmers are feeling the financial hurt from Chinese taxes on imports. However, the higher costs that some firms and sectors face do not necessarily add up to a major threat to the US economy’s growth. And while officials can interpret broad measures such as GDP and the jobless rate to determine how the trade war is affecting the economy, delays in compiling those metrics cloud their utility. Surveys and data from ...

More on this topic

By the same author

The Most Important Least-Noticed Economic Event of the Decade
How to Become a C.E.O.?
Presidents Have Less Power over the Economy Than You Might Think

Customers who read this summary also read

Here is what you need to know about the risks of a US trade war
How Much Will a Trade War Hurt Your Company?
The Art of the Trade Deal
Innovation and Trade Policy in a Globalized World
Why Renegotiating NAFTA Could Disrupt Supply Chains
What Would Happen If China Started Selling Off Its Treasury Portfolio?

Related Channels

Comment on this summary