Former NAFTA negotiator Harry Broadman predicts in Forbes the new trade agreement between the US, Canada and Mexico might not work in the way president Donald Trump wants it to.
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Those who hope worst is over in the trade war the US is conducting against China might be very wrong, wrote economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, last week, according to Goldseek.com.
The new trade agreement between the US, Mexico, and Canada (USMCA) excluded possible free-trade agreements between the three with China. Trump has its hands free to focus his trade war on China, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, at the South China Morning Post.
US president Trump closed a trade deal with Mexico, a minor victory, but putting more pressure on the trade negotiations with China, says business analyst Wang Haiyan at CGTN. For the time being, Trump can afford to play tough on China, she says.
The US announcement of tariffs on steel and aluminum was supposed to be a fit shot in the US-China trade war but left many US allies behind in disarray. Former US official Harry Broadman tries to make sense out of the mess Donald Trump has created, for Forbes.
The world was once again flabbergasted by the US trade measures since it did hurt designated trade enemy China less than potential US allies again China, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®. Behind those measures are efforts to design a whole new playbook, to change global economy, he tells both Livemint and Bloomberg.
While analysts watch a potential trade shoot-out between the US and China, US president Trump might help China in other ways, for example helping them compete with Mexico, says Peking University professor Jeffrey Towson in the China Daily. Mexico has been winning from China in producing cars and autoparts, and abolishing NAFTA might change that.