The constant pulse between the Trump Administration and China on account of trade tariffs has triggered the troubled waters alarm in world trade.
In general, protectionism harms much more than it helps in the long run. Unfortunately laws are the slowest thing to change.
Many countries are currently liberalising trade through bilateral and regional free trade agreements.
It is true that Donald Trump's economic policy has turned towards the rich and seems incoherent, but it is linked to the traditional protectionism of the USA in the history.
The trade surplus in favour of China would be directly hit by a protectionist escalation between the two largest economies in the world.
Fighting against the threat of losing global hegemony against China, the US government has come to question free trade.
"A commercial war is always a lose-lose situation"
The political crisis in Catalonia has precipitated one of the most critical moments in the recent democratic period of our country.
THE ECONOMY JOURNAL
THE ECONOMY JOURNAL ALL RIGHTS RESERVED
Aviso legal - Política de Cookies - Política de Privacidad - Configuración de cookies