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.