Ford workers install visors into the all-new 2018 Ford Expedition SUV as it goes through the assembly line at a plant in Louisville, Kentucky. The Alliance of Automobile Manufacturers, which represents major carmakers, warned that the tariffs on imported vehicles and automobile components will harm US economic security and national security. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Why Donald Trump should blame the strong US dollar, not China, for its trade deficit

Neal Kimberley says given the role of the strong US dollar owing to its status as the primary reserve currency, tariffs will not help reduce the trade deficit and may backfire

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Ford workers install visors into the all-new 2018 Ford Expedition SUV as it goes through the assembly line at a plant in Louisville, Kentucky. The Alliance of Automobile Manufacturers, which represents major carmakers, warned that the tariffs on imported vehicles and automobile components will harm US economic security and national security. Photo: AFP
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