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BUSINESS: Trumps biljoen-dollar handelsoorlog infographic
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Trumps biljoen-dollar handelsoorlog

Graphic News

July 4, 2018 -- De handelsoorlog van Amerikaanse president Donald Trump met bondgenoten en handelspartners kan gemakkelijk door het biljoen-dollar-punt schieten en bijna eenderde van amerika’s totale wereldhandel treffen.

The U.S. is due to start imposing tariffs on Friday on $34bn of imports from China, and Beijing is set to target an equal amount. In June, angered by Beijing’s retaliation, Trump ordered a further $200bn worth of imports to be targeted by 10 per cent tariffs and threatened to go for another $200bn beyond that. To which Beijing has vowed tit-for-tat levies.

Adding Trump’s threats to hit the European Union’s $61.2bn trade with America in cars and car parts, and auto trade with NAFTA partners Mexico and Canada worth $246bn, his dispute will soar through a trillion dollars.

An Oxford Economics report concludes that Trump’s threat of tariffs on Europe's automotive sector could destroy 100,000 American jobs in 2019.

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