Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Trump's economic gamble: Solid job gains vs. risky trade war

 


WASHINGTON — From the safety of a resilient U.S. economy, President Donald Trump lit the fuse Friday on a high-risk trade war with China.

History suggests that a cycle of tariffs and retaliations can eventually choke economic growth. But for now, employers, investors and U.S. consumers are weighing the perils of a prolonged rift between the world's two largest economies against a far more positive backdrop: America's healthiest job market in years.

http://www.startribune.com/trump-s-economic-gamble-solid-job-gains-vs-risky-trade-war/487597791/

 

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