Today i read the article “Ross: U.S. will not forgo global leadership, but will change the current trade structure”, written by Brett Fortnam and published on World Trade Online, you can read the full article below, and this what i think about:
“On the one hand I am looking forward to the negative reactions. On the other hand, what alternatives does the US have? It can be run in the United States that will recycle the surplus into US assets. I do feel the EU leaders do not get it because they have been more protectionist in the past. I’m sorry for freaking Europeans, I really hope US corporations understand, we are at Dunkirk beach now.
Trump and his guys, Wilbur Ross and Bob Lighthizer are saying the right things at Davos. The Europeans are convinced that they are free traders, but the EU market is protected against the U.S. and the European government are involved in industrial policy than the U.S. government. Trump is correct on this one.”
Ross: U.S. will not forgo global leadership, but will change the current trade structure