Goldman Sachs says Trump’s tariffs will hurt many Asian economies, not just China

Donald Trump’s return with a tougher trade stance spells trouble, not just for China but for plenty of other Asian economies, according to Goldman Sachs. Andrew Tilton, the bank’s top Asia-Pacific economist, warned that Trump’s obsession with cutting the U.S. trade deficit might bring more countries into the line of fire. Trump’s “whack-a-mole” strategy could