Tariffs and tax cuts are the core of Donald Trump’s economic policies.
Donald Trump has threatened to raise tariffs once he takes office as President of the United States on January 20.
It is possible that his competitors and allies will be affected by these measures.
Trump says the measures aim to protect American industries. But he went so far as to threaten to use economic force against Ottawa after suggesting that Canada become the 51st US state.
Many economists have warned that his policies, which also include cutting taxes, could reignite inflation and lead to a global trade war.
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Additionally, the first UK penal code to target people smugglers.
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