Because of the trade war of US President Donald Trump, global companies have lost up to $ 34 billion due to a decrease in the number of sales and increased costs. About it writes Reuters.
‘Trump’s trade war has shaken manufacturers of everything from luxury handbags and trainers to home appliances and cars as commodity prices have risen,’ the publication said.
The agency noted that the amount of $ 34 billion may increase, as most companies were unable to provide accurate data on losses due to the ‘unpredictable nature’ of the trade policy of the American President.
We will remind, earlier in the New York Times wrote that the Court of international trade of the United States recognised the duties imposed by Donald Trump, illegal, as, setting tariffs, he exceeded his authority.
