Published On: Tue, Mar 5th, 2024

German economy set for economic catastrophe if Donald Trump wins: ‘Will lose billions’ | World | News


Speaking in a January interview on CNBC’s “Squawk Box”, she said: “What Donald Trump’s about to do, is he’s going to raise every household’s expenses by $2,600 a year.”

During his term in office, Trump waged a $250billion trade war with China, and Beijing hit back with tariffs of its own.

It is estimated that the trade war cost Americans $195billion since 2018 – as per the American Action Forum, a conservative think tank.

The US-China Business Council claimed the trade war led to 245,000 job losses in the US.



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