Washington DC: In the first hour of his second presidential term, Donald Trump on Monday signed many of the executive orders marking a distinctive...
Vous n'êtes pas connecté
Donald Trump has heralded his record on workers, vowing to be a voice for the working classes on the campaign trail, but the head of a global unions group is not convinced.International Trade Union Confederation chief Luc Triangle told AFP that Trump's previous years proved he could not be trusted in office."I don't believe him, knowing what he did in the first four years. He was not the president of workers," Triangle said in an interview at the World Economic Forum in Davos, Switzerland.By coincidence of timing, the forum began just as Trump was sworn in on Monday as the United States' 47th president.Trump, who spurred trade wars during his first term in office between 2017 and 2021, has vowed to impose sweeping new tariffs against commercial partners like China as well as Washington's strongest allies including Canada and the European Union.In his inaugural address, Trump promised tariffs and taxes on other countries "to enrich our citizens", and later the same day said he could impose 25 percent tariffs on Canada and Mexico as early as February 1.The tariffs, which Trump may extend to other countries, would fuel trade tensions that could have serious consequences for workers, Triangle said."A trade war is for no one a good solution. It creates uncertainty. It can also affect companies, sectors, jobs," Triangle said.Several economists have warned that Trump's campaign promises - such as hefty duties and deporting illegal immigrants - risk pushing up the prices of goods in the United States and beyond.According to the US think tank Peterson Institute, the policies could see inflation climb by more than four percent in the worst case."Inflation is always an attack on the purchasing power of workers because they are never, in almost no country, fully compensated... by a wage increase compensating the inflation," Triangle said.He said that "we will see now what Trump will deliver", and that workers would look to what "concrete actions" he takes.While Trump is "very easy to understand" and his language is "simplistic", it is also like slogans, Triangle added."The previous president, Joe Biden, did a remarkable job. He was the most worker-centred president in the history of the United States."AFP
Washington DC: In the first hour of his second presidential term, Donald Trump on Monday signed many of the executive orders marking a distinctive...
President Donald Trump, yesterday, declared that he was saved by God from assassination attempts while campaigning for a second term in office to...
By Alex Willemyns The first round of promised U.S. tariffs on imports from China could begin as early as next week, President Donald Trump said...
U.S. businesses across the country are concerned about the economic impact of President-elect Donald Trump's proposals to raise tariffs and sharply...
Nobel Prize-winning economist Paul Krugman believes that President-elect Donald Trump's economic policies are likely to leave many of the people who...
Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Donald Trump will soon start his second term as president...
If public opinion polls are the guide, Joe Biden has been the worst president since Richard Nixon. Yet New York Times economics writer Peter Coy...
President Donald Trump could plunge America's two closest neighbors into recession with the stroke of a pen, according to a new report.The U.S....
Hundreds of migrants in the United States were arrested Thursday and others flown out of the country on military aircraft as President Donald Trump's...
The Pound Sterling extended its losses against the greenback on Tuesday as US President Donald Trump threatened to impose tariffs on computer chips...