Trump's Tariffs Threaten Global Economy Credibility The escalating trade tensions sparked by Donald Trump's tariffs have sent shockwaves around the world, threatening to undermine global economic credibility.
Since his election in 2016, the US President has been a vocal critic of free trade agreements, arguing that they have led to a massive trade deficit and the loss of American jobs.
Trump's first significant tariff move was the imposition of 25% duties on aluminum imports and 10% duties on steel imports in March 2018.