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President-elect Donald Trump won a resounding victory last week on a protectionist economic platform, vowing to impose a 60 per cent tariff on all imports from China and levies of up to 20 per cent on goods from the rest of the world.
Various economists have warned that the economic direction of travel under Trump will imperil global prosperity and could exacerbate inflation. Governments and world leaders have since been racing to ingratiate themselves with the Republicans in an attempt to avoid the sharp end of Trump’s trade agenda.
Many analysts have interpreted vice-president Kamala Harris’s defeat as a wholesale rejection of Bidenomics, an economic agenda that attempted to reshore manufacturing jobs and spark development of a domestic cleantech and semiconductor supply chain. Critics have said its benefits were limited to a subset of unionised workers and cost the US economy jobs.
The FT’s Alan Beattie, writer of the Trade Secrets newsletter and column, alongside colleagues in Europe and the US, will answer your queries live on how a Trump administration will transform global trade.
To take part, leave your question in the online comments below this story. You can also upvote comments you would most like the experts to tackle. They will respond to readers in the comment field from 3pm GMT on Thursday November 14.
Source: Economy - ft.com
