US Election: Delusional Economic Beliefs

This is a US news story, published by The New Statesman, that relates primarily to Donald Trump news.

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recession

The New Statesman

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What the Trump presidency could mean for the UK economy

Summary

Nutrition label

67% Informative

Donald Trump has a guiding principle: he is terrified of being a loser.

He sees the world as a series of zero -sum games and wants to fix it.

He believes that by imposing much higher tariffs on imports he can force companies to return manufacturing jobs to the US .

A weaker dollar would help the UK , because the US is our largest export destination.

You cannot have a “special relationship” with a nation that wants to make sure you are the loser in any given deal. As Angus Hanton points out in his excellent book on America ’s economic dominance of Britain , Vassal State , this relationship has been dysfunctional even when there were nice people in the White House . The US has long taken a very aggressive approach to ensuring its companies can out-compete (or just buy) British businesses. A good relationship with the EU has never been more important..

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

likely offensive

Hate speech

not hateful