Thursday, 10 November 2016

Free trade deals may be canned

 A protest in Malaysia against a free trade deal
Donald Trump's trade policies would amount to the single biggest change to the way America does business with the rest of the world in decades.

He has threatened to scrap a number of existing free trade agreements, including the North American Free Trade Agreement between the US, Canada and Mexico, which he blames for job losses. He has even suggested withdrawing the US from the World Trade Organization.

He is also in favour of taxing imports, and has talked about imposing tariffs of 45% on China and 35% on goods shipped from Mexico, in an effort to prevent companies moving jobs south of the border.

- Reuters
Post a Comment