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No Systems Thinking in Trump’s Plans

Another difficult to quantify consequence of significant tariff increases is the effect on developing nations that rely on access to the U.S. market to continue growing. The administration wants to build a wall along the U.S.-Mexican border to keep people from crossing into the U.S. illegally. Since many of those coming into the U.S. from Latin America do so for economic reasons, raising tariffs and pressuring manufacturers to scrap foreign factories to build in the U.S. will result in lost jobs and other problems for those countries. It seems logical then, that this action could actually increase the number of people attempting to cross into the U.S. to escape poverty. Continue reading