US President Donald Trump speaks at a gathering of congressional Republicans in Baltimore on September 12. Photo: Reuters
David Brown
Opinion

Opinion

Macroscope by David Brown

Donald Trump’s trade war can’t solve America’s problems, but it is creating plenty for the global economy

  • Since Donald Trump launched his tariff war, US trade and budget deficits have only grown, and now the US economy is slowing
  • It would be better to tame runaway US consumerism and start policy coordination with other major powers to stave off a recession

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US President Donald Trump speaks at a gathering of congressional Republicans in Baltimore on September 12. Photo: Reuters
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David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.