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Fri Aug 8

It might seem like Trump is winning his trade war. But the US could soon be in a world of pain

Written by Peter Draper, Professor, and Executive Director: Institute for International Trade, and Director of the Jean Monnet Centre of Trade and Environment, University of Adelaide

Students from an art school in Mumbai, India, created posters in response to Trump's latest tariff announcement.SOPA Images/Getty

Last week, US President Donald Trump issued an executive order updating the “reciprocal” tariff rates that had been paused since April.

Nearly all US trading partners are now staring down tariffs of between...

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