U.S. President Donald Trump’s trade
protectionist measures will harm the global economy and hurt the United
States as well, a former Zambian finance minister said Tuesday.
protectionist measures will harm the global economy and hurt the United
States as well, a former Zambian finance minister said Tuesday.
Trump’s decision to impose hefty tariffs on foreign imports will also
imperil the economies of the least developed countries, Alexander
Chikwanda said.
imperil the economies of the least developed countries, Alexander
Chikwanda said.
The Trump administration “need to be told by the global community
that they are setting the world ablaze with the tariffs they are rolling
out. They distort things to justify draconian (measures) which will
hurt the global economy and will hurt America in the not too distant
future,” he said.
that they are setting the world ablaze with the tariffs they are rolling
out. They distort things to justify draconian (measures) which will
hurt the global economy and will hurt America in the not too distant
future,” he said.
Chikwanda warned that the U.S. trade actions will be met with reciprocal measures.
Talking about trade tensions between the U.S. and China, he said the two sides should seek a negotiated win-win result.
