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Trump's new midterm threat: A trade war smacking voters

7 monthes ago   |   By Politico

President Donald Trump's trade wars could become a major political drag for Republicans, with job losses and price increases piling up just as voters head to the polls in November. Trump jolted markets once again early Friday when he said he's prepared to impose penalties on some $500 billion in Chinese goods regardless of the consequences that might ensue, economic or political. “Look, I'm not doing this for politics,” the president said on CNBC. “I'm doing this to do the right thing for our country.” But market analysts, industry experts and economists warn that the economic fallout of...
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