President Trump may deny that his trade war with China could trigger economic turbulence in the US, but other countries are already feeling the impact, writes Frida Ghitis for CNNBusiness Perspectives
Frida Ghitis, a former CNN producer and correspondent, is a world affairs columnist. She is a frequent opinion contributor to CNN, a contributing columnist to the Washington Post and a columnist for World Politics Review. Follow her on Twitter @fridaghitis. The opinions expressed in this commentary are her own.
.leftside-floating-image { width:100%; display:block; margin:0 auto 1.5rem; } @media screen and { .leftside-floating-image { float:left; width:50%; max-width: 200px; display:block; margin:0 1.5rem 1rem 0; } } Around the world, economists, investors, political leaders and consumers are watching anxiously as disruptive politicians, beginning with US President Donald Trump, blend politics and economics that unleash new crosswinds in countries far beyond their own.
Trump insists that the US economy is strong and says he's not worried about a slowdown. Then again, he also said trade wars are easy to win; he maintains China is the one paying for the tariffs he imposed on Chinese imports; he made a mantra of saying Mexico would pay for a border wall; and his administration insisted that Trump's tax cuts would pay for themselves. All of these claims, of course, are demonstrably false. Facts are, shall we say, not a priority.
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