Trump tariffs will disrupt global trading system, collapse certain national economies: Asia Society president
The Hindu
Asia Society president warns Trump's tariffs could devastate global trade and economies, posing a threat to the global order.
U.S. President Donald Trump’s “reciprocal tariffs”, that go into effect this week, could have a “devastating impact” on global trade, and even lead to the collapse of some national economies, warns Asia Society president and CEO Kyung-wha Kang. In this interview with The Hindu during a recent visit to India, Ms. Kang — who was South Korea’s first female Foreign Minister (2017-2021), and previously held a number of senior positions in the United Nations on Humanitarian Affairs and Human Rights — analyses Mr. Trump’s moves on geopolitics, Gaza, and Ukraine as an even bigger threat for the existing global order. Excerpts:
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