Socio-Economics History Blog

Socio-Economics & History Commentary

Congress Wants A Trade War Worldwide, Tying Trump’s Hands With Sanctions

  • Published on Jul 26, 2017
    Democrats want to punish Russia with sanctions and Republicans want to punish Iran and North Korean with sanctions. But the Russian sanctions will shut down Europe’s natural gas supplies from Russia and the EU is threatening immediate trade retaliation against the US. It’s a perfect storm for a worldwide trade war and part of the legislation will tie Trump’s hands and prevent him from lifting the sanctions. Will he fall for it?

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July 28, 2017 - Posted by | Economics, GeoPolitics | , , , , , , ,

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