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  • Trump has turned his back on the foundation of US economic might - the fallout will be messy

    04/06/2025 5:38:38 AM PDT · by Oldeconomybuyer · 70 replies
    BBC News ^ | April 6, 2025 | by Faisal Islam
    President Donald Trump has built another wall, and he thinks everyone else is going to pay for it. But his decision to impose sweeping tariffs of at least 10% on almost every product that enters the US is essentially a wall designed to keep work and jobs within it, rather than immigrants out. The height of this wall needs to be put in historical context. It takes the US back a century in terms of protectionism. It catapults the US way above the G7 and G20 nations into levels of customs revenue, associated with Senegal, Mongolia and Kyrgyzstan. What occurred...