Donald Trump’s speech at the World Economic Forum in Davos yesterday clearly showed the increasing dissociation between U.S. president’s words and reality.
Increased power, perhaps counterintuitively, appears to breed increased fear of weaker competitors. This can trigger preventive action such as foreign interventions that, to outsiders, may look illogical.
Donald Trump’s speech at the World Economic Forum in Davos yesterday clearly showed the increasing dissociation between U.S. president’s words and reality.
U.S. companies, importers and retailers will bear the initial costs which most economists expect to filter through the supply chain as a cost-push inflation.