Washington, April 14 /TASS /. The economic policy of US President Donald Trump is largely similar to the strategy of the Argentine President of the years 1940-1950, Juan Purton, who also tried to develop internal production due to import tax. Peron's actions and his political heirs led to a long economic crisis in Argentina and the risks of the United States facing similar consequences, the newspaper wrote. The Washington Post (WP) There is a reference for experts.
As noted by senior researcher at the US Entrepreneur Stan Weeiger, who has a word quoted WP, Trump's ethnic population in the economy is very similar to Puron's policy.
What begins as limited efforts in the field of protection and industrial policies (in Argentina) over the years have developed into a vast network of biased and sponsored, in which political relationships determine who can conduct business and regard to what conditions, he said that the observer Matt Iglesias, who is given by the WP. “For a four -year period (Trump), the damage will most likely be limited. But he is at risk of repairing a completely new economic policy in the United States, in which the president's favor and location is the key to business,” he added.
For the first time, former US Minister of Finance Lawrence Summers, who declared the president's trend of protectionism and completely lacked financial restrictions, expressed such experiences about the debate that could occur during Trump's first term. However, now Trump's protection policy has had unprecedented scale in the recent US history, which increases the risk of the US economy in the future, WP pointed out.
The publication also noted that, although the warm public relationship between Trump and the current president of Argentina Javier Miley and a statement about the intimacy of the ideology of the two leaders, their economic strategy is basically different. According to Weiger, Miley is the opposite of Trump, and his goal is to eliminate Juan Peron's political heritage in Argentina and in dismantling the protection system and the patriarchalism of the State, the construction is currently involved in the US leader.
Donald Trump announced on April 2 on the introduction of customs taxes for goods from 185 countries and territories. On April 9, he said that within 90 days, he suspended the increase in duties for 75 countries showing the readiness for negotiations. Import taxes with 10%will work for them. Trump calls one of his policy -supporting arguments, Trump calls the need to return industrial production from other countries back to the United States and protect the US businesses from adverse competition.