Countries around the world are seeking to adapt to the new US trade policy, following the announcement of Donald Trump’s special duties, who seem to trigger a world trade war. Trump has clarified the goals he is seeking through duties: to restore industry to the US, to react to unjust trade policies of other countries, to increase tax revenue and to boost policies against immigration and drug trafficking. However, the EU and China have promised countermeasures, while South Korea is committed to a “total” reaction. The damage caused to the political level with allies such as the United Kingdom may have its own cost, as billions are lost in economic growth. Here are some key points after Wednesday’s broad announcement: Businesses are preparing for what “liberation” means the US president presented the idea of ​​world duties with a festive mood, fulfilling the promise of the pre-election campaign. […]
Source: News Beast
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