The so-called 'Liberation Day' last week was effectively a US declaration of trade war on the rest of the world. In an attempt to address its trade deficit in goods, the Trump administration resorted to imposing broad tariff barriers on most countries, following an oversimplified logic lacking solid economic justification.
Ironica...
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Already a member? Login hereJudith Arnal is a Spanish economist with the Real Instituto Elcano think-tank and the Centre for European Policy Studies.
Judith Arnal is a Spanish economist with the Real Instituto Elcano think-tank and the Centre for European Policy Studies.