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U.S. Reindustrialisation Will Take Time, Tariffs Not the Solution – Expert
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Let's look at the countries hit hardest by Trump's new tariffs...
Cambodia, Madagascar and Laos are set to face a near 50-percent rise in import duties...
Another South-East Asian nation Vietnam not too far behind - while China's fees have risen by a full third.
U.S. allies such as Japan and Taiwan didn't escape the hikes - and the EU has threatned escalatory action for its 20-percent hit.
Earlier I discussed the developments with RT contributor and financial commentator Chris Emms.
He says any reindustrialisation of the U.S. will take a long time - if it happens at all - and tariffs are unlikely to solve the main problem of a skills deficit.
Cambodia, Madagascar and Laos are set to face a near 50-percent rise in import duties...
Another South-East Asian nation Vietnam not too far behind - while China's fees have risen by a full third.
U.S. allies such as Japan and Taiwan didn't escape the hikes - and the EU has threatned escalatory action for its 20-percent hit.
Earlier I discussed the developments with RT contributor and financial commentator Chris Emms.
He says any reindustrialisation of the U.S. will take a long time - if it happens at all - and tariffs are unlikely to solve the main problem of a skills deficit.
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