Tag: World trade

The Scope of New US-EU Trade War

Strategic Council Online: A strategic affairs expert says a new round of tariff war between Europe and the United States appears to have been shaped. He added that a series of issues has made trade disputes between the two sides more complex, especially if Trump puts into effect his threat to significantly raise car import and parts tariffs from Europe to the United States it would be like a bomb that would completely change the bilateral trade relations.

RCEP, ECO: Potentials to Develop Closer Cooperation

Strategic Council Online: The most important cooperation potentials of the Economic Cooperation Organization (ECO) and the Regional Comprehensive Economic Partnership (RCEP) are: RCEP’s significant contribution to the global economy, the common interests of certain member states of both organizations in trade and economic war with the United States, and RCEP’s open doors to admit other economic organizations.