Trade tentions between U.S. and China and the EU and China have been mounting this year, with both the U.S. and EU implementing higher tariffs on some Chinese goods over what they claim are unfair trade practices from Beijing. China also announced temporary tariffs on some imports from the EU as tit-for-tat measures continue.
we believe an escalation of trade and tariffs tentions will have costly economic consequences around the world.
We have seen geoplitically driven trade around the world. The U.S. and China are trading with one another less, and some parts of their trade are being re-routed through other countries.
A broad-based retreat from a rules-based global trading system is prompting many countries to take unilateral actions. Not only would an intensification of protectionist policies exacerbate global trade tentions and disrupt global supply chains, but it could weigh on medium-term growth prospects.
If you want to know more details to provide support for your investment and business activities, this financial report that we have selected for you can give you what you want, please subscribe to read it. FORESIGHT which is the preeminent internal reference about equity markets, will provide more forward-looking and compelling investment suggestions to investors.
Subscribe to -unlock this article
Audience
per year
Subscriber