This article brings up another occurrence of Trump trying to press other countries with what some may say are for personal gain while using US political tools. While that is a subject of debate, the US economy is already experiencing tumultuous times in regards to the trade war. These all add to a long list in what is a stressful time in the international economy. What does this along with potential impeachment mean for consumer confidence in the US as well as investor confidence worldwide? What policies could be put in place in order to stem the tide against all of these fluctuations?
Link to Article: https://www.nytimes.com/2019/09/30/us/politics/trump-australia-barr-mueller.html?fallback=0&recId=1RbjAPi6ksAcxbjCKZIHNYDFONB&locked=0&geoContinent=NA&geoRegion=OH&recAlloc=top_conversion&geoCountry=US&blockId=most-popular&imp_id=859649260&action=click&module=Most%20Popular&pgtype=Homepage
If the trade war with China worsens we can expect consumer confidence to keep decreasing, the price of consumer goods in the U.S. will keep increasing if China keeps imposing tariffs against the tariffs we impose on them. Some policies to help with the inflation that will result from the trade war could be a monetary policy to help reduce the money supply which would decrease inflation because of higher interest rates.
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