Economic Consequences of Mr Trump by Philip Coggan
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US President Donald Trump has long complained that the nation’s $3 trillion trade in goods deficit – when a country’s imports exceed its exports – are evidence of global partners treating the US ‘unfairly.’ His widescale import levies spooked American trading partners, caused a temporary free fall on the New York Stock Exchange – and could trigger a trade war with China.
But what do Trump’s tariffs mean for the rest of the world? In this incisive explainer, award-winning financial journalist Philip Coggan unpacks the impact of the economic policies that caused the New York Stock Exchange to freefall, spooked global trading partners, and could cause a trade war with China.
A rallying cry for the importance of free and open trade, Coggan offers context for how the global market came to be, shaped the world for the better – and how we arrived at where we are now.
A timely exploration of Donald Trump’s economic policy – and why it matters for the world
About the Author: Philip Coggan is a former Economist and Financial Times journalist. In 2009, he was voted Senior Financial Journalist of the Year in the Wincott awards and best communicator in the Business Journalist of the Year Awards. Among his books are The Money Machine; The Economist Guide to Hedge Funds More: The 10,000-Year Rise of the World Economy and Surviving the Daily Grind.
17 Jul 2025
Additional information
| Format | Paperback / softback |
|---|---|
| Genre | International trade |
| Readership Level | General (US: Trade) |
| ISBN | 9781805227687 |
| Publication Date | 17 Jul 2025 |
The Economic Consequences of Mr Trump: What the Trade War Means for the World by Philip Coggan ISBN 9781805227687