Is Biden Killing the World Trade Organization?
Ones and Tooze
00:00
Is the Trump Tariffs a Threat to Inflation?
The tariffs have had an effect, but mainly in the form of trade displacement. Trade has shifted from the Sino-American route to other routes such as Vietnam. The targeted attack on the on the microchip sector and the microelectronics are set to in China where regardless of where they produce Chinese firms have been targeted. This is causing hold-ups in the rollout of 5G technology around the world.
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