But recently there are signs that Trump’s trade policies are making the market and the US economy become chaotic. This situation could escalate rapidly if the US president fails to reach an agreement to resolve the trade dispute with rivals in September.
“You will be burned if you play with fire and threaten the world with tax or punishment,” commented Chris Rupkey, a financial economist at MUFG Union bank. “The US economy is clearly suffering losses. Not only factories refuse to return to the US but the current companies also do not create new jobs.”