American’s War On Retail: Started By Trump, Continued By Biden – Fuels Inflation

  • Date: 22-Dec-2021
  • Source: Forbes
  • Sector:Retail
  • Country:Middle East
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American’s War On Retail: Started By Trump, Continued By Biden – Fuels Inflation

(COMBO) This combination of pictures created on October 22, 2020 shows US President Donald Trump (L) ... [+] and Democratic Presidential candidate and former US Vice President Joe Biden during the final presidential debate at Belmont University in Nashville, Tennessee, on October 22, 2020. (Photos by Brendan Smialowski and JIM WATSON / AFP) (Photo by BRENDAN SMIALOWSKI, JIM WATSON/AFP via Getty Images) America is no longer building "the wall" but America is putting up barriers to international trade. The rest of the world is taking barriers down, China is taking the lead on trade, and America is getting left behind. What I was walling in or walling out" Effective January 1, 2022 China will start the largest global trade deal on earth and America is not included. The Chinese program is called the Regional Comprehensive Economic Partnership (RCEP) and covers 15 countries, thirty percent of the world's population, and $26. 2 trillion of global output. China may soon be the dominate player in global trade. On the same day in January that RCEP appears, America will be shrinking the USA trade platform. It looks like Ethiopia, Guinea, and Mali will be tossed out of the African Growth and Opportunity Act