How Will Our Economy Respond As Three Trade Wars Loom On The Horizon?

in #tariffs • 7 years ago

The administration has imposed up to a 30% tariff on solar panels imported from China, threatening more than 20 thousand jobs in the renewable energy sector and 20% tariffs on washing machines made in China. https://www.npr.org/sections/thetwo-way/2018/01/22/579848409/trump-slaps-tariffs-on-imported-solar-panels-and-washing-machines
With NAFTA re-negotiation efforts already resulting in Mexico sealing a free trade deal with Argentina and our upcoming talks to re-negotiate the U.S. Korean Free Trade Agreement https://www.forbes.com/sites/frankahrens/2017/11/03/korea-u-s-free-trade-agreement-in-crosshairs-as-trump-visits-asia/#587079e67a41
What will happen to our economy if these efforts result in escalating trade disputes?

#trade #nafta #korus #mexico
7 years ago in #tariffs by
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