Don’t Underestimate the Danger of Trump’s Trade War with China | The New Yorker
The trade war between the United States and China escalated again on Tuesday, and Wall Street yawned. After Beijing announced that it would retaliate against Donald Trump’s latest barrage of tariffs by imposing duties on another sixty billion dollars’ worth of U.S. goods, the Dow Jones averages rose 184.84 points, and the value of the dollar held steady. On Wednesday, markets around the world rallied.
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NAFTA talks: Like Mexico, Canada may need 'insurance' against tariffs | CBC News
White House trade strategy is based on tariff threats, so Canada may be 'playing for show' this week
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China trade official sees shake-up of WTO developing country rules
GENEVA (Reuters) - The World Trade Organization should bring in a new system to determine which countries are classed as “developing”, based on the size but also the structure of the economy, a senior official from China’s Commerce Ministry said on Wednesday.
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The Global Trade System Could Break Down by Anne O. Krueger - Project Syndicate
Because the World Trade Organization tends to operate beneath the surface of the global rules-based trading system, it is easy for people to forget the indispensable role that it plays. But now that the Trump administration is waging a quiet war on the institution, the international community must stop taking it for granted.
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