Trump

The constant pulse between the Trump Administration and China on account of trade tariffs has triggered the troubled waters alarm in world trade.

Throughout history, protectionism has often gone hand-in-hand with nationalism.

Economists remember that in 1930, Congress did not take into account the advice of economists who urged them to reject the Hawley-Smoot Act.

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.

"A commercial war is always a lose-lose situation"

Donald Trump's statements have brought the issue of protectionism fully into the spotlight.

The administration of the president Trump who has been protectionist since the very beginning has gone from theoretical to practical.