The map of trade wars: friends and foes of Washington
The global trade war has created a map of allies and adversaries for the US, with tariffs varying according to trade surplus. China is the main enemy, while some countries have been spared
by Enrico Marro
2' min read
2' min read
The global trade war unleashed by Trump against the world has left the US with very few friends and very many enemies. Although, of course, all of them ready to negotiate because they are aware of the tycoon's 'negotiating strategy': first the gnarled stick and then the carrot in exchange for concessions of various kinds (probably starting with the financing of the US debt).
But let us look in detail at the map of the new American 'Liberation Day' (cars aside), which in theory should punish the countries with the largest trade surplus with the US but in practice proceeds - at least on the surface - with the usual Trumpian chaotic approach.
The "saved"
.Among the fifty or so countries targeted by Trump's tariffs, there is a handful of 'lucky ones' who get tariffs at the 10% minimum.
These are Great Britain and part of the former Empire (Australia, Singapore, New Zealand), some Gulf countries (Arab Emirates and Saudi Arabia), a small piece of North Africa (Egypt, Morocco), of Turkey and especially of much of South America (Argentina, Chile, Colombia, Peru, Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras and Salvador).
Mexico and Canada are not part of the 'Liberation Day' package because of the 25% duties already imposed by executive orders.
