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Sunday, May 6, 2018

Trump Setting Up High Stakes Trade Wars With China, EU


Donald Trump's increasingly antagonistic trade policy is setting the US on a collision course with two major economic powers - China and the European Union. The president's contentious battles over proposed tariffs will at the very least reshape the United States' trade relationship with two of its major trade partners. At worst, they could plunge the country into a damaging, trade war on multiple-fronts. China has already appeared to halt all orders of US soybeans, a major export crop for American farmers. In addition, US manufacturers are reporting softening activity in part due to the trade moves. https://ift.tt/2rpjbaf http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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