Last week’s decision by the erratic Trump trade team to raise steel and aluminum tariffs amounts to declaring a trade war on effectively every major trading partner in the world market.
It presents an enormous economic threat to domestic industries that use steel and aluminum — that will have to raise prices, no doubt — and to sectors that will suffer from trade retaliation, such as agriculture and other political targets. But these losses are not the only damages that may result from these wars...
from The Hill - read full text
Ambassador C. Donald Johnson served as Ambassador to the Office of United States Trade Representative from 1998 to 2000. He also served the Chief Textile Negotiator during the negotiation of the U.S.-China WTO Accession Agreement and the U.S.-Cambodia Textile Agreement. From 1993 to 1995, he represented the 10th district of Georgia as a Member of Congress where he focused on national security and international economic policy, including NAFTA and the WTO implementing legislation. Ambassador Johnson is currently Director Emeritus of the Dean Rusk International Law Center at the University of Georgia School of Law.