The religious partners of the US are running to support the trade meter of Donald Trump by closing new bilateral agreements and restoring supply chains with the aim of obtaining increased protection.
Policy makers and trade Experts say that countries are turning to the strategy sent in the first quarter of the US President, when they signed more trade with the largest goods of the world economy.
Since the election of Trump in November, the EU has received the long-awaited Trade Clinic in the Mercosur countries of Mexico, renewing the trade agreement with Mexico, and we have also dealt with Malaysia that was more than a decade more than a decade old.
A trumpet Currently in his first days in office to oversee faiffs up to 100 percent in China, 25 percent in Canada and Mexicoand he said he was thinking about a tax on the blanket. He also directed government agencies to engage in commercial activities including counterfeiting and counterfeiting of goods.
Tengku Zafrul Aziz, Malaysia's Minister of Taxation, told Trump's times “it is possible to give birth quickly to countries that separate their trade portfolios.
Aziz cited the example of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which previously had 11 members in 2018 after Trump pulled the US out of the talks. The agreement “showed the strength of countries willing to cooperate even in the absence of traditional economic leaders like the US,” he said.
EU Trade Commissioner Maroš Šefčovič told the World Economic Forum in Davos that his diary was full of meetings with ministers. “There is a lot of interest” in making it face the EU, he said.
An entire delegation of commissioners will visit India to make progress in trade and technology relations over the next few months.
“The countries are working effectively to make the situation independent of the Euroun, which adds a “gap” between the rhetoric of what they would like to do and what is happening in the world.
In the first quarter of Trump's EUS EU signed with Japan – a stall that does not fear economic damage to policies – Singapore and Vietnam began to talk about agreements. Another EU President declared the President “the best Trade Commissioner of the EU”.
“There were a lot of deals,” said Cecilia Malström, the EU's trade commissioner when Trump ended his pre-negotiated powers at Mercosur. “We thought, it's a strange world. We don't believe in trade wars. We have an unpredictable President who is throwing taxes all around. Let's see what we can do together.”
MAMSTRRUM, which now has a limited law Covington and is circulating, expects that Australia and talks in Australia and Indonesia and Thailand will be completed in Trump's four-year term.
Bernd, who chaired the European Union's Transport Committee, said the EU's response to Trump would have repaid deep trade ties elsewhere. “Besides defending ourselves, we need to strengthen our partnership with third countries such as the UK, Mexico, Japan or Canada, which may be in a difficult position.
“This means trade agreements like EU-MERCORUS, and concluding negotiations with partners like Australia and Indonesia.”
By 2020 Asean countries with China, Japan, Korea, Australia and New Zealand are forming an economic partnership. The RCEI has mainly reduced non-commercial tax restrictions on trade such as animal control and customs procedures. RCEP covers 2.3bn people and 30 percent of global GDP, compared to 25 percent for the US.
Africa's Free Trade Area, which will eliminate 90 percent of tariffs over time, begins in 2021.
Commercial goods and services It has continued to grow in recent years despite the Covid-19 pandemic and protection.
Scott Linecuicome at the Cato Center, a think tank based in Washington says: “It is said:” Whatever Donald Trump does in the next few years, everyone seems unwilling to accept it so far. There are about 370 Trade Forced by 2024 with no sign of an upcoming response. “
China, meanwhile, has recently been sent to the Clinic with Serbia, Cambodia, Nicaragua and Ecuador. Beijing, Trump sees as a major problem for the US, which accounts for about 30 percent of the world's production.
One senior trade official, who could not be named, said they were “doubtful at this time” about how the deal that had already been negotiated was going to go.
“The return of Trump can encourage new Bilaterals, maybe in Africa. But Asia is pretty much finished. I'm crying.”
Additional reporting by aim williams in washington
Data visualization by Janina Conboye in London