Thursday, April 5, 2018

TRADE WAR BETWEEN THE USA AND CHINA INTENSIFIED TO THE LEVEL THAT MAY HURT THE WORLD'S MAJOR ECONOMIES AND GLOBAL FINANCIAL POTENTIAL.


   The United States of America and China intensified trade war across the Pacific Ocean region on various products currently being exported and imported between the World's two major economies to the extend that it may hurt the World's dominant and emerging economies respectively on the various fields of the domestic and foreign trades with emphasis on global financial potential decline and currency value devaluation in the USA China and other parts of the World that  may further be directly, or indirectly affected by the current trade war between the USA and China, if restrictions, or the increase in customs and other fees have been imposed on the various items being traded by the USA and China on the domestic and the International markets. Nevertheless, China's asserted over reaction to what has been termed in the domestic and International media as the trade war between the USA and China by the rather drastic measures in increase of custom fees and other fees on a hundred, or over a hundred USA products within shortest time period against one of USA President mandates for trade fairness and against outsourcing of USA major and heavy industries companies to major foreign countries that entailed China at the time, or rather the decade in which over production of steel and aluminium products on USA minerals cost that included aluminium and iron ore against the USA current decline in export and trading capacity that has been estimated at the rate of over forty percent and increasing, when compared to the export and trading capacities of the World's major countries as China and Germany Which apparently have been indicated to have been involved in the trade warfare of the major and emerging countries against few countries that included the United States of America, despite claims of increased efficiency in the mentioned countries of China Germany Japan and other Eurozone countries that has been accompanied by increased production capacity unbalanced trade in export capacity of other countries that may threaten USA and other major countries projected better economic prospects and increased financial markets performance for adequate currency value and more financial freedom in the USA and else where around the globe.

         Written by Professor Godfrey Ohia.
Bank : Green Dot Bank
Routing No : 124303120
Account Number : 301582402494
Account Type : Checking
Name : Professor Godfrey Ohia
Tel. : +1 678-437-0587.
e-mail : ohiaprofessorgodfrey92@gmail.com

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