Trump imposing high tax on imported products might lead to another global economic recession

Trump is at war with China, he is thinking about breaking one China-US agreement.. He is at war with the European, and also thinking about Isolating the EU for the Great Britain. All these ideas might lead to United States economic destruction, and might also lead to economic recession, and global economic problem.

President Putin will never joke or take EU for granted, because he knows that European Union consumes about 50% of Russian natural gas and even gold. Russia gets half of its billions from the EU. Trump must be joking... He needs the EU, EU needs the United States, Russian Federation needs the EU, while EU also needs Russian Federation.

It is known as Bilateral trade" when two or more countries trades together and by that reducing tariff or eliminating trade barriers. Trump plans to impose  High tax on German manufactured cars from Germany or high tax on all imported goods into the United States are part of trade barriers than can hurt nations economy, because those imported goods or products  will suddenly become more expensive for the consumers to consume.  Not all Americans are lovers of Fords, GMC and so on.. Many of them likes German machines, like BMW, Benz, and many other brands from Korea, Japan and even China

If Trump successfully impose high tax on imported products to the United States, that's when he's going to lose, mess up the Americans Economy. And if he tries to isolate EU for Great Britain, that is going to lead to total disaster for the EU and for the United States itself, because it is not possible for any President to Isolate about 26 nations for one nation.

A wise President must look for ways to work with both. Even the Great Britain still want the benefit of the EU, they are demanding for common trade and other benefit, because they know that it is very important for them to keep the EU trade and other benefit, and also work with other countries out of the EU. Even the Russian Federation continues to trade with the EU, and EU also continue to trade with the Russian Federation despite the tension between the EU and Russia.

Written, edited and published by Olusola Olaniyi-Publisher at Olusola Olaniyi's Planet Blog|Mariupol State University, Ukraine.