Bloomberg: “Across the world, businesses aren’t waiting until U.S. Inauguration Day on Jan. 20 to see which countries, products or tariff rates are announced in Trump’s widely telegraphed trade wars. The mere threat of his universal tariffs is sparking a scramble that’s leaving the global trading system prone to bottlenecks, saddled with higher costs and vulnerable to disruptions should an economic shock come along.
”Tariff Threats Set Off Global Supply Chain ‘Freakout’
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