Reaction and impact

Collateral Damage Report: Who Gets hurt by the Trump Tariff Bombshells? – Richard Baldwin, IMD Factful Friday, November 29, 2024
Baldwin argues that US services workers and autoworkers may lose the most if Trump imposes tariffs.
Trump Tariff Threat 'Chilling Signal' for Mexico Economy – Maya Averbuch, Bloomberg, November 28, 2024
Bloomberg reports that analysts are downgrading forecasts for Mexico’s economic growth.
What Trump’s Tariffs Will Mean for China – James Palmer, Foreign Policy, November 26, 2024
Palmer thinks that China’s response to new tariffs will be multifaceted, making use of new tools.
Chinese Exports to Hit Record This Year Before Second Trump Term – Bloomberg, November 25, 2024
Bloomberg finds that Chinese exports are expected to hit a record high this year.
Japan Braces for Trump 2.0 – Matthew Goodman, Council on Foreign Relations, November 21, 2024
Goodman writes that Japanese leaders are concerned about multiple facets of Trump’s economic policies.
HF sponsored accessSouth Korea lowers interest rates over Trump fears – Financial Times, November 28, 2024
The FT reports of an unusual interest rate cut by Korean authorities.
Trump, tariffs and trade in Southeast Asia: 5 things to know – Francesca Regalado, Nikkei Asia, November 21, 2024
Nikkei argues that Trump’s proposed tariffs present both challenges and opportunities for Southeast Asia.
Britain charts tricky trade course as Trump threatens tariffs – Alistair Smout, Reuters, November 28, 2024
Reuters reports that Britain will attempt to avoid Trump’s ire while fostering growth with the EU and China.
A Trump trade war 2.0 will be worse than the first for Europe – Carlo Martuscelli, Politico, October 31, 2024
Politico expects that the EU could lose sales to the US while contending with a flood of imports from China.