BIS: Trump’s Trade Policies Could Create ‘Perfect Storm’, Cause Global Financial Crisis

BIS: Trump’s Trade Policies Could Create ‘Perfect Storm’, Cause Global Financial Crisis

Another day, another stark warning about the perils inherent in following Donald Trump down the path to protectionist trade policies. When you think about Trump's tariffs and the reciprocation they've elicited around the world, it's important to strip the discussion of the niceties and superlative-laden populist balderdash. What you're witnessing is an epochal shift that, at heart, entails rolling back decades of progress on globalization and liberalization in the interest of promoting nationa
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