Tag: Trade War

EU and Japan Create Largest Single Market

By Teodor Teofilov

Presidents of the European Commission and the European Council Jean-Claude Juncker and Donald Tusk and Prime Minister of Japan, Shinzo Abe, have signed a massive trade deal between the European Union (EU) and Japan on July 17, which could come into effect in 2019. It creates a free trade zone that incorporates over 600 million people and almost a third of the world’s GDP.

Photo by Fancycrave on Unsplash

Trade Wars: A Dangerous Gamble

By Teodor Teofilov

Trade wars have wide implications and may change the world economic order. What will be the effects of Trumps escalating tariff tit-for-tat with China? History may hold some of the answers.