International shopping center: US tariff measures can lead to a reduction in world trade by three percent

Pamela Cook-Gamilton, head of the International Trade Center. International shopping center: US tariff measures can lead to a reduction in world trade by three percent Economic development ~ 60 > Global trade can be reduced by three percent as a result of new tariff measures of the United States, which will change and strengthen regional commercial ties in the long run, said Pamela Cook-Gamilton, the head of the International Commercial Center (MTC)-agency for the technical cooperation of the UN Conference (Yunctad) and the UNCTAD) and the UNKTAD) World Trade Organization (WTO) coke-gamilton also reported that, according to the WTO, the trade between China and the USA can be reduced by 80 percent. 62 ~~ 60 > “I think that there will be a shift in supply chains, global alliance will occur. There will be geopolitical and economic shifts, ”said the head of MTz. ~ 60 > on Wednesday the White House announced that the action of tariffs for most countries, except China, will be suspended for 90 days. Speaking in Geneva on Friday, the head of the MTCh noted that export from Mexico was already badly affected by previous cardinal changes in the US trade policy. 62 ~~ 60 > 62 > 62 > 62 > 62 > 62 >“Countries such as Mexico, China and Thailand, as well as the countries of the South of Africa, were among the most affected, along with the United States itself,” she emphasized. 62 ~ 60 > while the 90-day pause extends to imports from most countries, and reduces rates of up to 10 percent, the tariffs of China are currently imported from China. Time is 145 percent. Meanwhile, China raised tariffs for imports from the United States to 125 percent. 60 ~ p > Mexican export goods were already redirected from markets such as the USA, China, Europe and a number of Latin America, Canada, Brazil and Brazil and Brazil and a number of Latin countries. India. 60 > other countries, including Vietnam, followed by this example, whose export “redirects from the USA, Mexico and China”, to the EU, Southern Korea and other countries. 60 > problem for countries with the developing economies is concluded The fact that they are not so well prepared for such a development of events, explained the head of MTz. ~ 60 > especially vulnerable trading partners of the United States are Lesoto, Cambodia, Laos, Madagascar and Myanmar. influence influence “Uncertain extension for 90 days and further” was not positive for world trade and “does not necessarily lead to stability”, continued with COUK-Gamilton. 60 > “regardless of whether further extension will occur, the fact that there is no stability, there will be no predictability, will affect trading, companies and decisions that are made that are made that are made in real time “.

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