Trump’s use of tariff threats has devolved into a form of extortion, leveraging US economic power to coerce countries into making multibillion-dollar investments to avoid high tariffs.

The long-term effects of such coerced investments will very likely lead to collapse of global trade with the US.

https://www.nytimes.com/2025/08/04/us/politics/trump-tariffs-foreign-investment.html

#usa #uspol #tradewar