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Donald Trump threatened a 100% tariff on nine nations that make up BRICS, including Brazil, China, and India. It'd affect many goods the US imports.
The president-elect’s online threats Monday of new trade wars with Canada, Mexico and China turned the United States back into an agent of instability, which can pitch a foreign friend or foe ...
President-elect Trump’s proposed 25% tariff on Canada and Mexico imports aims to boost U.S. leverage, with one expert expecting targeted, strategic use.
Trump, who takes office on Jan. 20, has vowed to impose tariffs of 60% on Chinese goods and at least 10% on all other global imports, moves that would upend trade flows, raise costs for U.S ...
The Asian Trade Centre argued that Trump's usage of trade policy as a tactic to push non-trade related political initiatives, particularly his May 2019 threat to levy Mexican imports until they crackdown on illegal immigration, set a negative precedent for future U.S. presidents and damaged the credibility of the U.S. as a reliable trade partner.
In the second half of the 20th century and the beginning of the 21st, global trade and expansion was growing rapidly; however, this increase in new technology and exploitation of natural areas has led to a species lost comparable to the great extinctions of early geological times. [18]
Hong Kong economics professor Lawrence J. Lau argues that a major cause of the trade war is the growing battle between China and the U.S. for global economic and technological dominance. He argues, "It is also a reflection of the rise of populism, isolationism, nationalism and protectionism almost everywhere in the world, including in the US."
Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an additional 10% tariff on ...