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Features Australia

The art of the fail

Trump’s tariffs are a disaster

19 April 2025

9:00 AM

19 April 2025

9:00 AM

President Donald Trump’s trade policies, launched under the slogan ‘Making America Great Again’ have instead sparked economic disruption, geopolitical instability, and strategic confusion.  Far from securing America’s economic and national interests, these policies are actively undermining both.

Although Trump’s tariffs are billed as a strategy to rejuvenate domestic manufacturing, correct trade imbalances, and reignite national pride, the real-world outcomes have been far more damaging than beneficial.

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Dimitri Burshtein is a principal at Eminence Advisory. Peter Swan AO is professor of finance at the UNSW-Sydney Business School.

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