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Punitive or a gift? How five big economies see new plan – Grahak Chetna

Grahak Chetna

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Punitive or a gift? How five big economies see new plan

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New trade tariffs unveiled by US President Donald Trump on Wednesday are expected to have a major global impact, and have been condemned by the European Union and other key US allies.
But Trump’s latest import taxes may get a different response in China, whose leader could see them as a gift.
Here, BBC reporters in five major economies look at the nuances of how the announcements are being received where they are.
By Katya Adler, Europe editor in Brussels
European Commission chief Ursula von der Leyen spoke on behalf of all European Union (EU) countries when she said the new tax imports would cause “dire” consequences for millions of people around the globe.

Courtesy: BBC

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