The US economy is waiting for collapse

04 June 2018, 09:56 | Economy 
фото с YTPO.ru

US President Donald Trump unleashed a new trade war, but economists believe that, first of all, it will hit Americans. Experts say that duties on steel and aluminum will lead to the loss of hundreds of thousands of jobs. In addition, because of restrictive measures, metals will rise in price several times. Companies that purchase it are waiting for a financial collapse, writes Business Insider. However, the researchers of the consulting group Trade Partnership do not agree with such conclusions. According to them, duties will not affect the US economy negatively, but on the contrary will improve it. "Tariffs and retaliatory measures will increase the number of jobs in steel and non-ferrous metals enterprises (primarily aluminum) by 26,346 places," the document says.. Later, experts specified that in other sectors of the economy, restrictive measures would lead to the loss of 495,000 jobs, which would be a serious blow to the Americans. The United States imposed duties on steel and aluminum, which are imported from Europe, Canada, Mexico, South Korea and other countries. The leaders of states recognized such actions of Trump as the unleashing of a world trade war.

Источник: YTPO.ru