The EU looks to Japan to soften the blow of Donald Trump’s trade war, but still, European markets in Japan account for only 20% of American markets.
Curiously, the US and China trade war continues to get more intense, but the American economy is currently thriving. So, just how bad is it?
Trump’s policies have unintended consequences on American industry, specifically, in the automobile, natural gas, oil, and aluminum industries.
China might offer to purchase $200 billion worth of products from the United States following Trump’s sanctions. However, if Trump were to agree to the trade deal – despite advice from economists – it would be effective in his dealings with Kim Jung-un as well as the trade deficit.