Laurent Belsie
Senior Economics Writer at The Christian Science Monitor
Senior economics writer for The Christian Science Monitor
Articles
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1 week ago |
csmonitor.com | Laurent Belsie
It’s hard to keep up with President Donald Trump’s trade policies. Every few days a new threat of tariffs or retreat from them emerges. The chaos has Americans and the world wondering whether there’s a method behind the apparent madness. There is, negotiation experts say. Mr. Trump is employing a specific strategy to wring trade concessions from other nations. But 85 days into his administration, market jitters and commercial realities have begun to set in, limiting his options.
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1 week ago |
csmonitor.com | Laurent Belsie
Ever since Donald Trump started ratcheting up tariffs and threatening dramatically higher ones, two narratives have emerged about the American president. To many outsiders, his tariff strategy seemed zig-zag, chaotic and poorly planned. To his supporters, the bluff and feints were all tactics of a master negotiator taking on the world’s trade cheats. For Americans, the debate boiled down to this: Do you trust President Trump? After a momentous week, that question has suddenly become international.
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2 weeks ago |
csmonitor.com | Laurent Belsie |Patrik Jonsson
While the world struggles to recalibrate a path in the wake of President Donald Trump’s trade announcements, the tariffs’ impact is becoming clear: Investors are scared, some of his billionaire backers are balking, and consumers are feeling pressure. The first two groups are generating headlines. The third is more important to the economy. If consumers slow their spending, a recession looks increasingly likely.
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2 weeks ago |
csmonitor.com | Laurent Belsie
It’s easy to start a trade war. It’s harder to stop one. And it’s almost impossible to win one. On Wednesday, President Donald Trump unleashed such a war on the world. He imposed a 10% tariff, or tax, on all foreign goods coming into the United States. He fired bigger volleys at about 60 nations or trading blocs, imposing tariffs as high as 50%. Asian nations came under especially heavy attack: 46% for Vietnam, and 54% for China, including earlier tariffs. The European Union got hit with a 20% duty.
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3 weeks ago |
csmonitor.com | Laurent Belsie |Ben Curtis
President Trump hopes to use reciprocal tariffs to boost national self-sufficiency while unleashing a jobs boom. What’s less clear is whether they can work.
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