Type “trade war” into the Bloomberg News wire search and you get 2,206 hits. It is not a topic that is short on press coverage. And with good reason. The U.S. economy is, by nearly all measures, running pretty well these days. A self-inflicted wound that a tariff-inispired trade war might cause would not be a good thing. For example, when Harley-Davidson announced on June 25 that it was going to move some of its production overseas in order to get around tariffs being imposed in the European Union on certain American goods, many wondered if the workers losing their jobs in that move were just the first casualties to President Donald Trump’s hard-charging trade policy (the company had already announced layoffs related to declining sales).
Taking the politics out of it, and with the likelihood of a trade war seeming to grow by the day, do you expect that your job will be affected?