The American president was supposed to be the one to unite the international community in the fight against the pandemic, but this did not happen.
Such a statement was made by billionaire and former mayor of New York Michael Bloomberg.
According to him, it was Donald Trump’s inability to take the lead in the current situation that led to huge losses. Moreover, Bloomberg emphasizes, if Trump continues his trade war policy, the global economic recovery will be very long.
“Before the pandemic, the huge stock market masked deep economic problems, including weak investment, low growth and growing inequality, which were exacerbated by Trump’s erroneous and counterproductive trade wars and tax policies. Now, if Trump’s attacks on the global trading system do not stop, economic recovery will drag on indefinitely, ” the billionaire continues.