Donald Trump’s determination to stamp his mark on US trade policy “would be horribly destructive”, according to the most exhaustive assessment of his pre-election tweets, speeches and declarations in Fox News interviews. Just as Trump is turning his attention away from prosecuting Hillary Clinton, so a trade war with the Chinese and Mexicans is no longer a priority. “The slowdown in trade growth is remarkable, especially when set against the historical relationship between growth in trade and global economic activity. If a US trade war with China does break oiut, China’s most likely recourse is tit-for-tat tariffs. Nafta Opinion is divided over success of the North American Free Trade Agreement, a deal between Mexico, Canada and the US signed by Bill Clinton in 1994.

Source: The Guardian November 26, 2016 16:01 UTC