Trade war – noun – “a situation in which countries try to damage each other’s trade, typically by the imposition of tariffs or quota restrictions.”. The US-China trade war, despite the looks of being surging now, it has already started by 2016 when Donald Trump was fighting for presidency: “Any country that devalues their currency […]
Under the motto “America first”, Donald Trump promised to impose stiff tariffs on goods imported from those nations deemed to threaten the US trading economy. China was one of the biggest targets, with a 45% tariff bullet to be fired at being repeatedly suggested during the whole “Make America great again” campaign. Never completely dismissed […]
On November 8th, 2016, Donald Trump has been elected the 45th President of the United States of America. In his electoral program, the new White House tenant has promised economic stimuli to be implemented, among others, through: Fiscal program which provides a substantial tax cut (i.e. 35%) for the middle class; Public debt reduction; Deregulation […]
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