Why has US President Donald Trump imposed tariffs on countries all around the world? And in particular, why is Trump waging a trade war on China? What are his real goals?
Michael Hudson outlines the history of the use of tariffs in the United States and in other countries. He explained how Trump is using tariffs as a weapon of class war to benefit the rich at the expense of the vast majority of the population. Hudson also explained how Trump is trying to reshape the global financial system in order to benefit the United States at the expense of everyone else. It’s all backfiring.
