CNN: Trump ignores markets at his own risk – let’s ask Liz Trars

Donald Trump has repeatedly ignored businessmen and economists to impose duties on imports to the United States. The “storm” of his duties has hit markets and has deducted billions of dollars from Americans’ retirement bills. According to CNN in his analysis, before the 47th US president, there was another blonde with a dislike for economic orthodoxy, which set fire to financial markets. The case of Liz Trars should be a previous one that Trump needs. About two years ago, the then British prime minister attempted to go through huge non -funded tax reliefs, destroying the UK’s state bonds before being forced into a humiliating retreat. The episode eventually cost her position, winning the title of Britain’s shorter prime minister. Trump’s position seems to be more stable, as US and United Kingdom governance systems are different. The President and the […]
Source: News Beast

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