Trade under Trump: difficult times ahead

US President-elect Donald Trump is promising tariffs. (Image: Facebook)

Wed, 27 Nov 2024

I wrote a piece for BusinessDesk just before the US presidential election, which was well-read in policy circles, and I am told some very senior people thought it rather grim. Knowing the result, I travelled to Washington, DC, to talk to friends, former colleagues, think tankers and members of the previous Trump Administration to test my earlier conclusions.Three things seem clear. Trump is going to apply some form of tariff pressure on China. The EU is going to find itself in focus. Tariff rate disparities and climate change-r...

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