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Slimy swamp of tariff wars
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Slimy swamp of tariff wars
Annotation
PII
S207054760008208-5-
Publication type
Article
Status
Published
Authors
Mikhail Portnoy 
ORCID: 0000-0002-8204-7771
Occupation: Head of Center for International Economic Studies
Affiliation: Institute for the U.S. and Canadian Studies, RAS
Address: Russian Federation, Moscow
Edition
Issue 4
Abstract

The article is devoted to consider the tariff wars Trump conducts in order to eliminate big trade disbalances between United States and main economic partners of this country. There are estimated the efforts of Trump Administration to decide these problems using tariff wars during the whole period of its authorities. The most important events of U.S. tariff wars with EU, China and other partners are discussed. In contrary it is affirmed that the main reasons of the mentioned disbalances are connected with core globalization processes and modern world division of labor. To comply the challenge of globalization U.S. have to revise its economic strategy. A new paradigm of economic development must be created. The country needs a way of development providing a big potential of labor in cooperation with economic partners. 

Keywords
Trump, U.S., China, EU, NAFTA, Tariff wars
Received
14.10.2019
Date of publication
20.12.2019
Number of purchasers
83
Views
2359
Readers community rating
0.0 (0 votes)
Previous versions
S207054760008208-5-1 Дата внесения правок в статью - 17.01.2020
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References

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14. Ibidem.

15. Ibidem.

16. Ibidem.

17. SShA i Kitaj zaklyuchili peremirie v torgovoj vojne // Lenta.ru. 29 iyunya 2019. Available at: https://lenta.ru/news/2019/06/29/stop_it/

18. Torgovaya vojna SShA i Kitaya (2018-2019) // RIA Novosti. 13.05.2019. Available at: https://ria.ru/20190513/1553450182.html

19. SShA i Kitaj zaklyuchili peremirie v torgovoj vojne // Lenta.ru. 29 iyunya 2019. Available at: https://lenta.ru/news/2019/06/29/stop_it/

20. Fed Minutes Show Wide Division on July Rate Cut // Money and Markets. August 21, 2019. Available at: https://moneyandmarkets.com/fed-minutes-officials-divided-rate-cut/?post_ids=13610,13407,13239,13548,13732&utm_source=MAM-Newsletter&utm_medium=Email&utm_campaign=Daily-Article-Traffic

21. Wall Street and China Say Trump Just Blinked First in Trade War // Money and Markets. August 14, 2019. Available at: https://moneyandmarkets.com/tariffs-china-wall-street-say-trump-losing-trade-war/?post_ids=13595,13582,13579,13570,13556&utm_source=MAM-Newsletter&utm_medium=Email&utm_campaign=Daily-Article-Traffic

22. Xi’s ‘Warning Shots’ Show Tougher Opponent in US Trade War with China // Money and Markets, August 13, 2019. Available at: https://moneyandmarkets.com/xi-jinping-tougher-trade-war-china/?post_ids=13451,13524,13461,13556,13542&utm_source=MAM-Newsletter&utm_medium=Email&utm_campaign=Daily-Article-Traffic

23. Ibidem.

24. Ibidem.

25. Ibidem.

26. SShA i Kitaj dostigli chastichnogo soglasheniya po torgovoj sdelke // Gazeta.ru, 11.10.2019. Available at: https://www.gazeta.ru/business/news/2019/10/11/n_13568564.shtml

27. Survey: Top Economists Say Recession Risks Rising Because of Trade War // Money and Markets. October 7, 2019. Available at: https://moneyandmarkets.com/are-we-going-into-a-recession-nabe-survey/?post_ids=15039,14951,14947,14859,14781&utm_source=MAM-Newsletter&utm_medium=Email&utm_campaign=Daily-Article-Traffic

28. Kitaj i SShA vedut aktivnye peregovory o vzaimnom snyatii povyshennykh poshlin // TASS. 15 noyabrya 2019. Available at: https://tass.ru/ekonomika/7115103

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