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‘Trump’s trade war will trigger the biggest wave of automation in history’, says expert

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US President Donald Trump’s trade policies will “trigger the biggest wave of automation in history”, according to an economics expert writing on Forbes.com

Trump has spoken out against a variety of international trade agreements to which the US had previously signed up to.

And since he became president, Trump has taken the US out of the Trans-Pacific Partnership and is discussing how to also take it out of the North American Free Trade Agreement, or Nafta. 

Moreover, Trump has said he would impose taxes on certain imports because other countries tax imports from the US.

Some experts say this will lead to a trade war, and economic disagreements with China, which is part of TPP.

Writing on Forbes, Patrick Watson, who is senior editor at Mauldin Economics, says the disagreements and possible trade wars would accelerate the process of automation.

“Intense competition is already forcing automation, but new trade restrictions will add further urgency,” writes Watson.


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