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President Trump, who disabled the World Trade Organization during his first term, is going after international free trade rules in place since the 1940s. By Keith Bradsher Keith Bradsher ...
"Trade wars are good, and easy to win," Donald Trump said in 2018 – and he has begun his second term launching one against China. But until relatively recently, most of the world was in a ...
However, economists have pointed out that the US benefits from having large trade imbalances with the rest of the world, as the dollar — the global reserve currency — is used in most trade ...
First, it is important to understand the rules of global trade. Under the terms of membership of the World Trade Organisation (WTO), countries are permitted to impose tariffs on imports.