UK economist warns Trump is ‘weaponising tariffs’ as president sparks trade war

Watch UK economist warns Trump is ‘weaponising tariffs’ as president sparks trade war - The Independent on Dailymotion

Transcript

00:00I mean, there's no doubt Trump is weaponizing tariffs and using them in a way that is destructive

00:05to the global economy.

00:07Most notably, it's destructive in the sense that it's generating uncertainty.

00:10We no longer know what the U.S. administration is going to do.

00:15We no longer know if the U.S. trade agreements that they've signed and they've complied with

00:18in the past will continue to rule the game when it comes to trade.

00:24And so really the biggest impact is this increased uncertainty that we're seeing, and that makes

00:28doing business difficult, particularly when you're doing business across national borders.