The continued diplomatic exchanges centred around the provisions of the CUSTA that acknowledged the right of the parties to adopt new technical standards but that recognized the danger of governments raising
new trade barriers under the guise of health or other technical standards.
«We are inclined to view it as posing greater trade risk for all types of energy, particularly if other nations
establish new trade barriers against U.S. products,» Washington - based research firm ClearView Energy Partners LLC said in a report Monday.
«Given the tight correlations between economic health — especially personal consumption expenditures — and advertising growth, we would expect a downturn
if new trade barriers are put in place.»
The U.S. and Mexico already have relatively free trade, so absent gunboat diplomacy to force Mexicans to buy more U.S. exports, all the U.S. can really do is restrict the amount of imports from Mexico by
erecting new trade barriers.
There has been talk of trade sanctions, but Ambassador Yu said today that China will be opposed to any actions by countries to set up
new trade barriers under «an excuse of protection the climate.»
Donald Trump's administration is talking tough, but putting up
new trade barriers will do more harm than good to American consumers and companies
Word of the announcement came as the Trump administration on Wednesday warned that it would vigorously defend U.S. national interests against «hostile» powers such as China and Russia, vowing to use «all available tools» to combat unfair practices - a sign that the president may be preparing to erect
new trade barriers.
Coming on the heels of tariffs on washing machines and solar panels,
the new trade barriers may be just the start of a bigger effort to overhaul global trade.
U.S. trade officials in both cases already have determined that domestic manufacturers have been injured by surging imports and have recommended that he erect
new trade barriers.
That means
the new trade barriers will have a relatively minimal impact on China.