Trend : World trade is falling
It started with Trump withdrawing from NAFTA.
Then implementing tariff on imports from China. First it was said that this step will reduce China's own tariff, and quickly all tariffs will go away.
That didn't happen. Rather Trump got addicted to tariff. Leading to more tariff. More countries included.
Then arrived capturing other countries tankers and ships. Started with UK capturing Iran's ship. Now every country which has the capability seems to be capturing some other countries tankers and ships. I have lost count.
Then arrived sanctions. First withdrawing unilaterally from an agreement with Iran, and sanctions. Then China, Huawei. USA can, because its the keeper of the keys.
Seeing it as an opportunity, others countries are revolting. Google, Facebook must pay taxes, are too large, holds too much power. The repercussions are about to start.
World trade is falling. Globalization is now a feature of the past.
Every country for itself.
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