Difference between revisions of "Trade war"

From ACT Wiki
Jump to: navigation, search
(Create page. Source: The Treasurer, June 2018, p06.)
 
(Add date to clarify period discussed.)
 
Line 12: Line 12:
 
:WTO director general Roberto Azevedo said the risks were significant.
 
:WTO director general Roberto Azevedo said the risks were significant.
  
:In the first quarter of this year, [the US] has levied tariffs on steel, aluminium and solar products."
+
:In the first quarter of 2018, [the US] has levied tariffs on steel, aluminium and solar products."
  
  

Latest revision as of 11:50, 26 February 2020

International trade.

Extreme governmental actions and policies designed to protect domestic businesses against competition from foreign companies, causing damage to the trade of other countries.

Examples include tariffs and quotas on imported goods.


WTO warning on US tariff plan

"In a recent forecast, the World Trade Organization (WTO)... said they detected signs of adverse effects on business confidence and investment decisions in the face of a potential trade war.
WTO director general Roberto Azevedo said the risks were significant.
In the first quarter of 2018, [the US] has levied tariffs on steel, aluminium and solar products."


The Treasurer magazine, June 2018, p06 - Agenda


See also