If #Trump is allowed back in the #WhiteHouse, he and his team of pariahs and lunatics are planning to devalue the Dollar in some insane and misguided effort to boost American exports. But the move would send the US #inflation rate through the roof, and destabilize the #globalEconomy. It's a plan supported by #PeterNavarro, so you know it's the exact wrong thing to do. Please consider the damage a Trump presidency would do, and commit to #VoteBlue.
globaleconomy
#Trump threatens 50% #tariffs on #EU & 25% penalties on #Apple as his #TradeWar intensifies
Trump on Fri threatened a 50% #tax on all imports from the #EuropeanUnion & a 25% tariff on Apple products unless #iPhones are made in US.
The threats, delivered on social media, reflect his ability to disrupt the #GlobalEconomy with an outburst of typing, & the reality that his tariffs have yet to produce the deals he is seeking or the return of domestic manufacturing.
#economy
https://apnews.com/article/trump-tariff-apple-iphone-tax-170021e8fad22878d0183b5d48971087