The world seems to be marching inexorably towards trade war. The US trade deficit is surging, for reasons that have nothing to do with domestic consumption and everything to do with policies and events abroad. In the months ahead, the US will be forced to choose either protection or soaring trade deficits with rising unemployment. It will almost certainly choose the former but if it overreacts, which is likely, it could unleash another round of global protectionism – which will especially hurt trade-surplus countries.
这个世界似乎正毅然决然地迈向贸易战。美国的贸易逆差正大幅飙升,这是由于一些与国内消费毫无关系、但与海外政策和形势紧密相连的原因。在今后的几个月内,美国将会被迫在贸易保护或贸易逆差急剧扩大、同时失业率不断上升之间做出选择。几乎可以肯定,美国会选择前者;但如果它反应过度(有可能出现这种情况),将引发新一轮的manbetx app苹果 贸易保护主义浪潮——这尤其会伤害到贸易顺差的国家。