"It's a bomb aimed at a planet system". Trump customs expert
Zdjęcie: To bomba wymierzona w światowy system. Ekspert o cłach Trumpa / PAP/EPA / RODRIGO REYES MARIN
The duties declared by Trump could lead to recession in the US and a global slowdown," said Gary Hufbauer, erstwhile finance ministry authoritative and Peterson Institute expert for global Economics. According to him, the worst script is the 1 in which the partners of America will not only introduce retaliatory duties but besides engage in trade wars between themselves, which will lead to the complete collapse of the global trade system.