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Showing posts from June, 2018

Trade War navigating towards ‘2008 crisis’

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Now, expanding the horizon of a trade war, US president Donald Trump willing to target all time allies, like Canada . Due to this approach, global economy, which is just coming back on track since 2008 crisis, comes under threat and there is a danger of global economy may go back to 2008 crisis . …. On eve of G - 7 conference, there was a twitter war between US president Donald Trump and France president Emanuel Macron . After Crimea crisis, in 2014 Russia was expelled from G - 8 and the group was renamed as G - 7 . Now, Trump wants Russia to re-enter in G - 7, but Macron doesn't want it and even dares to go ahead without the US, as G - 6 . While, expanding trade war against China, Trump has been targeting Canada and European Union . Trump is considering to raise the tariff on European goods and also, reconsidering NAFTA ( North America Free Trade Agreement ). Therefore, these six countries are concerned about Trump and US . In fact, Trump ’ s policies are not limited...