Introduction: In a dramatic comeback as the
first former United States president to be convicted of a felony (unprecedented
34 counts) and re-elected president, President Donald Trump has been firing
from all cylinders and following through on his MAGA (Make America Great Again)
campaign mantra. Like the proverbial bull in a China shop, his slew of
executive orders and protectionist trade wars, imposing a hefty 25% tariff on imports from Canada and Mexico, and 10% on imports from China,
is causing panic and economic disruptions around the world. Canada and Mexico retaliated
almost immediately while Beijing escalated the trade war by imposing a 15% tariff on coal and
liquefied natural gas (LNG), including a 10% tariff on crude oil, agricultural
machinery, and certain vehicles from the United States. China also announced a
wide range of measures targeting U.S. businesses and launched
an anti-monopoly investigation against tech giant - Google (GOOGL.O).
