The trade war between China and the United States-shaking economic backgrounds. And for good reason. The inability of two countries to find a common ground of understanding translates into an escalation of customs duties. By 15 December, almost all chinese products entering the american soil could be taxed, which should lead to further retaliation on the side of Beijing. The OECD has revised downward its forecast for global growth by alerting on “the exacerbation of trade disputes, [which] weigh more and more on confidence and investment.” The IMF believes that these tariffs will have “a negative impact on both the u.s. economy and globally”. However, despite the gloomy outlook, some countries are unable to take their pin of the game. Here are the main winners.
• Mexico
Mexico, with which the United States signed a new version of the free trade agreement, Nafta, p …
