Insight

Tariffs tear across world trade

By DR WONG HOONG SANG

WHAT are the benefits of free trade, and how has the US unilateral tariff policy disrupted trade due to the rise of nationalistic movements and twin deficits in America?

Free trade is based on the idea of comparative advantage which benefits all nations globally.

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FreeTrade , ComparativeAdvantage , TariffImpact , USDeficit , GlobalSupplyChain , TradeDisruption , NationalismEconomics , DevelopingEconomies

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