Trump’s Unworkable Trade Formula by Stephen S. Roach

Why did the federal court block Trump’s global tariffs? How will Nvidia’s revenue be impacted by export controls? What caused Macy’s to cut its 2025 profit forecast? Why is Apple rebranding its operating system naming? How is Elon Musk's exit affecting Trump administration projects? What’s behind the surge in GameStop’s Bitcoin investment? Why is Victoria’s Secret facing a prolonged security incident? How will the U.S. visa restrictions affect Chinese students? What drove Salesforce to raise its annual sales forecast?

Trump’s Unworkable Trade Formula by Stephen S. Roach

project-syndicate.org/commentary/trump-trade-solution-global-minimum-tariff-china-penalty-will-not-work-by-stephen-s-roach-2025-05

Trump’s Unworkable Trade Formula
The goals of US President Donald Trump’s trade policy are now coming into focus: setting a global minimum tariff, and imposing a special penalty on China. But pursuing both objectives at the same time could severely damage both the US and Chinese…

This story appeared on project-syndicate.org, 2025-05-27 07:54:43.243000.