Monday 19 February 2018

If US-China trade war goes global, it has big implications for Mideast | Arab News

If US-China trade war goes global, it has big implications for Mideast | Arab News:

"The opening salvos of a full-blown global trade war are rumbling closer by the day, and indeed may already have been fired with the decision by US authorities to consider big tariffs on aluminum and steel imports. How it develops from here will determine many other crucial factors on the world scene, from the benign economic growth projections most experts have been making this year, through to the most important geopolitical relationship in the world, that between the US and China. If it escalates further, the Middle East will be left — geographically and metaphorically — hanging between these two giant economic powers. The region’s long-term commercial orientation could well be decided by the outcome of the conflict currently simmering over allegedly unfair practices in global trade. "



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