"The trade war is Trump's most important economic legacy," says Steven Brakman, economist at the University of Groningen. The president also had other big plans, but according to him they have not been implemented (improving the infrastructure) or have hardly any consequences for most people (tax cuts for wealthy Americans).
He thinks Trump has actually made surprisingly few economic changes. The only exception is the trade war. Trump was annoyed that Americans bought a lot of products abroad and few foreigners bought American products. So he increased the import tariffs on foreign products. And that was not a good idea. Because why do you get goods from abroad? Because they can produce cheaper and better overthere".
He thinks Trump has actually made surprisingly few economic changes. The only exception is the trade war. Trump was annoyed that Americans bought a lot of products abroad and few foreigners bought American products. So he increased the import tariffs on foreign products. And that was not a good idea. Because why do you get goods from abroad? Because they can produce cheaper and better overthere".