It’s not just China – the Trump administration has launched a dangerous war on the global trading order

//It’s not just China – the Trump administration has launched a dangerous war on the global trading order

It’s not just China – the Trump administration has launched a dangerous war on the global trading order

It would be easy to characterise the US-China trade war as merely a tussle between two economic behemoths. But it’s far more than that. It’s one front in a global campaign by US President Donald Trump to upend the way world trade has developed in recent decades. Trump is ideologically opposed to the current situation where the United States runs sizeable trade deficits in goods with many other countries. It is irrelevant whether they are rivals or allies.The president’s affinity for tariffs is…

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By | 2019-06-04T14:00:12+00:00 June 4th, 2019|Business|Comments Off on It’s not just China – the Trump administration has launched a dangerous war on the global trading order