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Commentary: Trump’s trade war will hurt everyone – from factories to online shoppers

Channel News Asia LogoChannel News Asia17h ago

Commentary: Trump’s trade war will hurt everyone – from factories to online shoppers - Channel News Asia

Quick Summary:

Everyday purchases could soon cost a lot more in the United States than they used to, says this academic.

In the short term, the monthly trade deficit will decline if imports return to normal, which will give Trump a chance to claim the policies are working – even if it’s just a rebound effect.

The 34 per cent new tariff on China will be on top of the 20 per cent tariff previously imposed, bringing the total to 54 per cent. That’s a further aggravation to already fractious relations between the world’s two largest economies.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 06:00:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1012 words

Reading Time: 6 minutes read

Sentences: 55 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27573277

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 51 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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  • URL: https://chronographically.beamstart.com/news/commentary-trumps-trade-war-will-17437180295117

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