Article 6Z84C Trump is losing his foolish trade war. This will cost ordinary Americans greatly | Steven Greenhouse

Trump is losing his foolish trade war. This will cost ordinary Americans greatly | Steven Greenhouse

by
Steven Greenhouse
from US news | The Guardian on (#6Z84C)

Trump's trade war has pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputter

The ever-bombastic Donald Trump has boasted repeatedly of his trade victories, while White House news releases trumpet his historic trade wins". The Wall Street Journal echoed Trump's triumphalism with a headline saying, Trump is Winning His Trade War", and last week the New York Times used the exact same words in a headline. That must have been music to the president's ears.

Forgive me for being a spoilsport, but I don't see where the victory is or how Trump is winning. I keep reading how Trump's trade war and tariff machinations have pushed up inflation, slashed US job gains, slowed economic growth and caused the manufacturing sector to sputter.

Steven Greenhouse is a journalist and author, focusing on labour and the workplace, as well as economic and legal issues

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