Donald Trump Intends to Introduce New Restrictions

Economic News
০৬ মার্চ, ২০১৮
Donald Trump Intends to Introduce New Restrictions

The new policy proposed by Donald Trump put pressure on the markets and the US dollar. Carrying out foreign economic policy that could have a negative impact on the relations with Asia also has a negative impact on the country's allies.

In a recent statement, the head of the White House announced his plans - he does not intend to cancel the import duties imposed on steel and aluminium from abroad. Investors reacted sharply to this, as this aspect affects many manufacturers around the world.

Despite warnings from the speaker of the Chamber of Paul Ryan about the dangers of such restrictive measures for the US economy, it is likely these limitations may soon come into force.

Due to fears of global rating agencies about Chinese authorities in relation to the published data and doubts on the part of Moody made in the past year, most experts believes that by enacting such a foreign policy Trump aims to reduce the dominance of China in commodity markets.

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