Trade diversion caused by U.S. tariffs on China is helping lower UK inflation by increasing cheaper imports.
FRANKFURT (Reuters) -A major flow of Chinese trade away from the United States would likely lower euro zone inflation next year, when price growth is already set to undershoot the 2% target, a ...
Recently announced and enacted US tariffs reduce partners’ access to the US market and lead to trade diversion. Impacted countries may respond in (at least) three ways: imposing retaliatory tariffs on ...
President Trump’s barrage of tariff increases threatened to chill global trade flows, but commercial exchanges continued to increase as most of the international commerce system functions as it did ...