Trump’s ‘idiotic’ tariffs are ‘doomed to fail’ – Michael O’Leary

News Snapshot:

Michael O’Leary has said Donald Trump’s tariffs are “doomed to fail” and described his economic policies as America “shooting itself in the foot”. Yesterday, the US President announced sweeping tariffs on foreign imports in the United States. Goods from tiny, impoverished Lesotho in Africa will face a 50% tariff, while those from the European Union will be charged a 20% import tariff. Advertisement President Trump said it would “supercharge our industrial domestic base” but Mr O’Leary said protectionism was a failed economic policy. “Isolationism doesn’t work,” he told Newstalk Breakfast. “If isolationism worked, North Korea would be the world’s greatest...