Global Trade Flows Show Surprising Strength Despite Strain Of Higher US Tariffs
According to the WTO, 72% of global goods trade still takes place on most-favored-nation terms
President Trump's barrage of tariff increases threatened to chill global trade flows, but commercial exchanges continued to increase as most of the international commerce system functions as it did before the onslaught.
However, that resilience is likely to come under increased strain if goods that China can no longer sell to U.S. consumers flood other markets at knock-down prices, a process known as trade...
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