Australian business war: the impact of global growth

On March 4th, Australia's voice against retaliatory measures also warned that a trade war could slow the growth of the global economy, between environmental pressure and economic growth relationship of the world's leading U.S. tax increase plan for imports of steel and aluminum.

In an interview with the news, the Australian Trade Minister Steve ciobo said that in the past few days, Canada, the European Union (EU) and many other countries have made these comments, warned the United States plans, Washington also announced to answer from the car tax.

Ciobo minister expressed concern about development, believes that if tensions continue to escalate, leading to a series of measures of tariffs on import and export products in the world together with a series of economic growth.

According to the observation of the world, Canberra is trying to push the United States out of the list of countries and tax. However, the telephone communication and American colleagues mentioned in March 3rd, Wilbur, Ross, do you know the combo to the final decision will be made by the president of the United States.

Australian business head says Canberra will use the anti-dumping measures, the current situation, cheap products also fell on the water movement of the free market in the United States increased the tax. However, your comment about if Canberra had taken any measures to answer directly if the United States plans to increase steel and aluminum tax.

You combo, steel, and aluminum Australia market accounted for only a small part of the market, but imports of U.S. tax may affect trade and reduce work.

At the same time, the speech on the same day, Australian Prime Minister McCann Tenbo strongly criticized the import quota of work is "dead end". According to the Australian leaders, not protectionism to get rid of low growth traps, and even make the situation worse.

The fear of war and trade retaliation, between economic growth after March 3rd, US President Donald Trump will be warning for the auto industry tax if the EU this piece almost all scripts in retaliation made before the tax pressure us measures on steel imports of iron and aluminum in a series of water.

The president of the United States issued a statement, the European Commission Chairman Jean Claude Juncker (EC) said that the European Union is considering measures to respond to some label goods in the United States and Levi Harley Davidson.

Not only the European Union, the United States plans to tax on imported products with high iron and aluminum water reaction is the cause of severe several major trading partners, Washington China, Canada...