The terrible opinion of economists: the Czech Republic and the Slovak Republic will be among the most contributors to the war



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"Their products always have a high share of human labor and less value added than in the case of exports from Germany or Switzerland." The introduction of tariffs will result in a increase in production, but it does not have a competitive advantage in another factor.It does not have to compensate for this, so Czechoslovakia, Slovakia and other countries can do the most in the war ", [19659002explainsŠichtařováwiththefactthatthepotentiallossescanhardlybequantifiedatthepresenttime

who looked skilfully and rationally.At present, the potential losses can go up to 0.5% of the product If the trade conflict continued to increase, it could reach 2 to 3% of GDP, but I do not expect to go that far, but the economic war will be reflected in GDP growth, "stressed Mr Šichtařová

. According to the Czech economist, the war will not last long. "It seems that the strategy of US President Donald Trump is to frighten everyone first and then make a comeback and die, but paradoxically, nothing important has been achieved. He has softened as much as possible his relations with the DPRK, but he has not succeeded in the economic sphere.So he thinks that the United States will introduce protective measures such as customs and their competitors "It is very wrong." From the economic point of view, it is completely out of the question.The whole of the current trade war is from the beginning to the end of the error. [19659004TradetensionsbetweenBrusselsandWashingtonroseaftertheUS'sintroductioninearlyJuneoftariffsonimportsofsteelandaluminumfromtheUnitedStatesEuropeanUnion

Canada and Mexico.The EU responded with retaliation clauses.Moreover, Trump has it's to import cars from the EU. On Wednesday, July 25, the United States and the EU agreed to apply for zero tariffs and zero subsidy for industrial products, excluding cars

Trump said that the EU also agreed to buy "More soybeans" ] and increased imports of liquefied natural gas from the United States. European Commission President Jean-Claude Juncker said after the meeting that Trump had agreed to try to ease trade tensions between the United States and the EU. He noted that while the negotiations will be held, the EU will not introduce new tariffs and reevaluate existing tariffs on steel and aluminum imports

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