The Trade War Threatens the Global Economy: European Union Imposes Tariffs on Chinese Cars
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#dda14a4e ver:0.85

The intensifying US-China trade war threatens the global economy, with the European Union imposing tariffs on Chinese cars. Asian countries are losing export share to China, while Indonesia sees potential opportunities but businesses express concerns. The trade war's impact on Indonesia is significant, highlighting the need to strengthen manufacturing capacity. The trade war also damages trade outcomes in Asia, leading to calls for ASEAN countries to strengthen collective ability to respond. The US-China rivalry is fundamentally different from the old Cold War, with economic implications. The EU's tariffs on Chinese cars mark a critical juncture for globalization. Protectionist policies and a tariff war would deliver a new shock to the economy. #TradeWar #GlobalEconomy #USChina #Tariffs...

#newstr #TradeWar #GlobalEconomy #Tariffs #EuropeanUnion #China #UnitedStates #Sanctions #RetaliatoryMeasures #Globalization #Technology #ProductionCapabilities #EconomicGrowth #ProtectionistPolicies #DonaldTrump 

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