Dhaka,
Sun
23 Feb 2025, 12:44 am
The U.S. undermining of the multilateral trading system is just a negative-sum game
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For more:
https://news.cgtn.com/news/2025-02-14/U-S-undermining-multilateral-trading-system-is-a-negative-sum-game-1AYNKV9OLGU/p.html
U.S. President Donald Trump announced a 25 percent tariff on all steel and aluminum imported into the United States. Armin Steinbach, a professor of European Union law and economics at HEC Paris, said it is another attempt of Trump’s administration to undermine multilateral trade. The founder of MCM Group Holdings Manuel Menendez Ⅲ stated that the tariffs can do nothing, but pass along costs to consumers and importers. There’s no winner in a trade war.
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