Pakistan, March 18 -- Over the course of the last 50 days, jitters of a new trade war have been coming out of Washington, with most economists fearing a full lock-down of the US Economy, by the end of the year. But despite the Trump administration's belief of curbing American reliance on foreign goods, there's an isolated silver lining, that most of America's trade allies, will shift towards other markets.
In his first term, President Trump imposed tariffs and other trade restrictions on the PRC. While it was known to be a much more political move to gain the support of rural and agrarian America, it had lasting impacts, well into the Biden Administration. Back then, a Moody's Analytics report found that the restrictions allowed for a lo...
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