The president’s trade policy is in jeopardy after an appeals court declared most of his tariffs unlawful
US President Donald Trump has warned that America could became a “third world nation” if his tariffs are scrapped. He made the remarks after a federal appeals court declared most of them unlawful.
Trump launched his tariff drive in April, accusing US trade partners of creating unfair trade imbalances and calling it a reciprocal response to secure better trade terms. Most country-specific rates ranging from 10% to 41% took effect on August 7.
The policy has drawn criticism from US lawmakers over the potential damage to the economy. On Friday…
Read the full article at RT.COM
