The Trump Slump

This week has truly been one for the history books. President Trump started his long-threatened tariff war on Tuesday, implementing 25% across-the-board tariffs on all goods coming from Canada and Mexico. Those countries responded by slapping retaliatory tariffs on US goods, promising to bring all 3 countries into recession while spiking inflation, a miserable combination known as “Stagflation” that we haven’t seen since the Great Depression of 1929. Canadian Prime Minister Justin Trudeau said his country would plaster tariffs on over $100 billion (U.S. dollars) of American goods over the course of 21 days. “Today the United States launched a trade war […]

The post The Trump Slump appeared first on Millennial Revolution.

Leave a Reply

Your email address will not be published. Required fields are marked *