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Global Tariff War - Economic, Political and Social Implications (Hardcover)
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Global Tariff War - Economic, Political and Social Implications (Hardcover)
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Global Tariff War: Economic, Political and Social Implications
traces the range of impacts that global tariff wars in
international trade can have on the growth and expansion of
national economies. The Global economic and political status quo
has faced turmoil after the US President's 2018 announcement on the
imposition of import tariff steel and aluminium products. Taking as
its core focus the trade war between the USA and China, this book
focuses impact on the rest of the world's economies, and explores
key areas including neo-protectionism, globalization and restricted
trade, inflation volatility, FDI and tariff rates, and the
environmental footprint of global trade tariffs. Having previously
played the role of campaigner in favour of free trade since the
World War II, today's United States has projected itself towards
greater protectionism and patriotism. Conclusions arise that tariff
wars, as well as trade wars, are damaging for national and
transnational economies, as well as other sectors, such as society
and environment. Evidence presented in the work illustrates that
developed countries are impacted more adversely in comparison to
developing zones due to this type of tariff war. Offering a range
of illuminating perspectives from under explored developing
economies being directly affected by these policies, this
collection presents a unique critical insight into this complex and
evolving area of geo-political and economic practice.
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