Are Tariffs the American Brexit?
UNITED STATES, AUG 8 – The Trump administration raised US tariffs to an average of 18.3%, the highest since 1934, while securing new trade deals with South Korea, the EU, Japan, and others to boost exports and investments.
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Trump's tariffs influence the world market and global trade routes. Despite the deal, Germany will also experience further consequences, an expert estimates.
Transatlantic Trade Monitor: Facts You Need Now | President Trump advances trade agenda with updated tariffs, announces additional trade agreements | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resourc
What happened? Since the Trump administration’s July 7 announcement delaying implementation of reciprocal tariffs from July 9 to August 1, the United States has reached preliminary framework trade agreements with the European Union (EU), Japan, Indonesia, and the Philippines (see PwC’s Tax Insights dated July 11, July 18, and July 30). Preliminary trade agreements with China and Vietnam also have been reached and a trade agreement with the Unite…
Brexit's parallels with Trump tariffs tell a tale | Reuters - Brexit Carnage
The 2016 Brexit referendum and Trump’s tariffs this year were each widely billed as economic shocks that would send the financial world into paroxysms … Read More The post Brexit’s parallels with Trump tariffs tell a tale | Reuters appeared first on Brexit Carnage.
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