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April 3, 2025
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CBC: Trump wants to upend the entire global order. Can he stomach the price tag?

"The U.S. can't have its cake and eat it, too," says Karl Schamotta, chief market strategist at the financial services firm Corpay Cross-Border Solutions. Schamotta says the U.S. built the global trade system over the past 70 years and has been its primary beneficiary. “If you overturn that world order, you're going to pay the cost," he says. CBC: Trump wants to upend the entire global order. Can he stomach the price tag?