When Trade Wars Become Shooting Wars

Alex Graur

American President Donald Trump may have backed off, for now, from the sweeping tariffs he proposed placing on almost every country in the world. But he is still upending global trade. Trump has established baseline ten percent tariffs on most imports. He has made those levies higher for a variety of specific goods, including steel. And he slapped 145 percent tariffs on imports from China, the world’s largest manufacturer, although he has now agreed to cut this rate to 30 percent. The result

Tag-uri: Donald Trump

When Trade Wars Become Shooting Wars https://www.foreignaffairs.com - 07:54

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When Trade Wars Become Shooting Wars https://www.foreignaffairs.com - 07:54