The effects of restrictions on shipping in the Red Sea and Panama Canal are being felt around the world. Global trade is under immense strain amid rising freight costs.
Nice edit. I keep talking about European climate from a European perspective.
Importing less directly increases GDP. One would assume it would have 0 impact on exports, unless other governments suddenly are bitchy and angry that they cannot export to us (see: China).
Nice edit. I keep talking about European climate from a European perspective.
Importing less directly increases GDP. One would assume it would have 0 impact on exports, unless other governments suddenly are bitchy and angry that they cannot export to us (see: China).
I am sorry but are you an economist or an engineer. The Chinese market is one of the most important for a lot of European companies.
And it is kind of naïve to believe that protectionism would benefit the general population. Look how great North Korea or Cuba are doing.