#TrumpTaxCuts : At first the American government increased customs duties with the aim of forcing trading partners to negotiate on trade. Now it has understood that the world is totally interchanged and it is not possible to take these unilateral initiatives without negative retaliation. China and other countries produce low-cost consumer and luxury goods for Western countries, which resell them at tenfold prices. Many Western companies, including many American ones, have moved part of their production to countries where labor and labor costs are very low and everyone is therefore in difficulty. Prices increase inflation as well and also the cost of money. The result: we will all be a little poorer.
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