- As the trade conflict between the US and China rumbles on, winners and losers are starting to emerge from the conflict which has seen the two nations swap tariffs on more than $200 billion of goods.
- Brazil has seen exports to China jump as a result of the stopping of US soybean exports to China thanks to the trade war.
- Beside the USA, Germany has suffered the most of any major economy.
As the trade conflict between the US and China rumbles on, winners and losers are starting to emerge from the conflict which has seen the two nations swap tariffs on more than $200 billion of goods.
This week alone, data showed trade in pork meat from the US to China plunged last year, and Volkswagen’s CEO warned that the trade war is hurting global demand for cars. While parts of both the Chinese and US economies have benefitted and seen setbacks, which international economies have been impacted by the trade war.
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