Trump tariffs pile stress on ailing world economy
Trump tariffs pile stress on ailing world economy
LONDON/TOKYO, April 3 (Reuters) - The latest round of U.S. trade tariffs unveiled on Wednesday will sap yet more vigour from a world economy barely recovered from the post-pandemic inflation surge, weighed down by record debt and unnerved by geopolitical strife.
Depending on how President Donald Trump and leaders of other nations proceed now, it may also go down as a turning point for a globalised system that until now had taken for granted the strength and reliability of America, its largest component.
