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Saturday, February 2, 2019

EU has become a protectionist now!

https://finance.yahoo.com/news/trump-apos-steel-tariffs-forced-114159985.html

To prevent trade diversion, the EU has imposed steel quotas to prevent goods dumping.  This is not unexpected because we expected it and posted our analysis in July 2018.  The EU chose to impose quotas instead of tariffs.  No matter what, this is a protectionist measure.

http://sg-stock.blogspot.com/2018/07/us-china-trade-war-has-started.html

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