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There are angry reactions from world leaders for declaring tariffs for all imports.
The United States President Donald Trump called it “Azadlig Day”, but world leaders can trigger its new tariffs in the global trade war.
The White House announced that the tariffs will change depending on the country, but almost all the nations will eventually affect.
The action caused a rage in China, in Europe and the world.
Trump says the tariffs are returned – a way to trust in foreign goods and produce at home.
But so far, they are also afraid of the decline and annoy global markets.
How will the world manage the economy?
And will trading partners move farther from America and build an alliance elsewhere?
Presenter: James Gulfs
Guests:
Steven Okun – The founder and CEO of APAC consultants
Philippe Legrain – A friend of the European Institute of Political Economist and London School of Economics
William Lee – Chief Economist at the Milk Institute