A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.

As President Trump this weekend opened what could become a global trade war, a growing number of countries, including America’s closest allies, are forging their own economic partnerships without the United States. If Washington is putting up a higher fence around its trade, other nations are lowering theirs.

In just the last two months, the European Union concluded three new trade deals.

The bloc, completing negotiations that started 25 years ago, reached a major agreement with four South American countries in December to create one of the world’s largest trade zones, linking markets with 850 million people.

. . .

By punishing longtime allies with tariffs, Mr. Trump is encouraging other nations to form trading blocs and networks that exclude the United States.

MBFC
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  • @[email protected]English
    11•1 day ago

    But what will we ever do without the diabetes inducing ultra processed foods and high fructose corn syrup?!

    • @scutigerEnglish
      4•1 day ago

      We grow enough corn that we could have our own high fructose corn syrup, with blackjack and hookers.