Donald Trump’s trade war is costing the world a fortune - and the cost is going up
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-07-24T01:58:49Z","datePublished":"2026-07-24T01:58:49Z","description":"Trump’s war on the global economy continues, from oil prices to tariffs. He delivered it this morning in the form of a claim that US-based companies were being disadvantaged by businesses in the rest of the world which effectively relied on slave labour to undercut their US competitors.The “evidence” is not even a fig leaf. After a sham of an inquiry, the real reason for hitting nations with these tariffs is evident in the public statement accompanying their announcement.
- ▪{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-07-24T01:58:49Z","datePublished":"2026-07-24T01:58:49Z","description":"Trump’s war on the global economy continues, from oil prices to tariffs.
- ▪He delivered it this morning in the form of a claim that US-based companies were being disadvantaged by businesses in the rest of the world which effectively relied on slave labour to undercut their US competitors.The “evidence” is not even
- ▪After a sham of an inquiry, the real reason for hitting nations with these tariffs is evident in the public statement accompanying their announcement.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-07-24T01:58:49Z","datePublished":"2026-07-24T01:58:49Z","description":"Trump’s war on the global economy continues, from oil prices to tariffs. They will just leave us all poorer.","headline":"Donald Trump’s trade war is costing the world a fortune - and the cost is going up","keywords":"Trade, Australian economy, Oil, Inflation, Donald Trump, Trump's White House, For subscribers, Just in, Analysis","author":[{"@type":"Person","name":"Shane Wright","jobTitle":"Senior economics…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.