Trump promises another trade war if he wins. How it would look different this time around.


Source: finance.yahoo.com finance.yahoo.com

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Donald Trump is promising that if voters return him to the Washington in 2025, he will reignite a key feature of his previous term: trade wars. The centerpiece of his plan is a proposal for a system of "universal baseline tariffs" of at least 10% on most foreign products. It would be a marked escalation of tactics, even for a figure who once likened himself "tariff man." How could such a move impact an economy trying to avoid a recession? Yahoo Finance reached out to a series of trade experts — including officials who worked in previous Republican and Democratic...