Question

1. explain the possible positive and negative consequences of president trumps trade war.

Explanation:

Positive consequences could include protecting domestic industries from foreign competition and potentially reducing trade deficits in the short - term by imposing tariffs. Negative consequences might involve retaliatory tariffs from trading partners, causing higher prices for consumers, disrupting global supply chains, and harming international relations.

Answer:

Positive: Protect domestic industries, reduce trade deficits (short - term). Negative: Retaliatory tariffs, higher consumer prices, supply chain disruptions, damaged international relations.