How the world is restructuring trade [without the US] | DW News

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Published 2020-12-29
What’s next after America First? Hopes are running high that US President-Elect Joe Biden will help restore order after Donald Trump turned international trade into a zero-sum game with very few winners. But pandemic-wrought economic devastation at home may make thinking globally a tall order.

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#BusinessBeyond #InternationalTrade #USeconomy

All Comments (21)
  • @yllbardh
    the very first rule american companies set up when investing in a foreign country is 80-90% of profit goes to the investor, 5% goes in to briberies and the rest goes to the country they're in
  • I think the US is going to have to start getting used to not being the absolute sole world superpower anymore. It cannot simply just tell other countries what to do anymore. Spheres of influence from other powers as big as the USA like the EU and China are going to be something the Americans just have to get used to and move on and work more together instead of just bullying.
  • @cesarbrown2074
    The damage is done we can't keep damaging relationship with countries around the world then coming back around 4 to 8 years later and saying we are sorry.
  • Bitcoin is the beginning of something great a currency without a government,something necessary and imperative
  • @mooooo6601
    How to slap someone without using hand, yes, you ignore them.
  • 15 bcountries signed the rcep for free trade ans south america wants to join
  • @deeb.9250
    6:25 This big aunty telling of China telling them to not be dominant and play by western rules ... she lives in her own world
  • @Arag0n
    Every time rules made life quality in Europe and specially US worse, rules were changed. Every time rules made life worse in developing countries, we told them to choose better governments. Is anyone surprised some developing will choose to bypass them?
  • @kevinqiu9147
    Rules? Whose rules, the rules set by US and EU to majorly for self benefits? Stop calling the rules, it is misleading.
  • The world could not unite even when faced with a common global enemy, Covid-19.
  • @khust2993
    EU and US can mend their relations, but the rest of the world seemed to have moved on, especially Asia. US was my country's biggest trading partner, now it's China and seems it's becoming bigger, same with our neighbors.
  • @jxyeee6525
    Only US-dominated (benefitted) trade is good in Washington’s eyes. The winner takes all mentality from the US voting system is deeply affecting how US think about the world. Are there truly win-win deals in their eyes?
  • play by rules ? Set by the previous multilateral discussion , or just set unilaterally ? If so , why should China follow it !
  • @petercua6158
    The problems with US is their products are expensive and that make them uncompetitive. That is why their always have deficit. And they blame other countries for untrade practice.
  • @Moabi4
    DW calling the atlantic council think tank "experts" is laughable 😂. It says a lot about the mentality at DW.
  • Basically... Nobody wants to be on Team USA any more. And for a lot of good reasons.
  • @ramonching7772
    Still adversarial but more polite.... Correct! Remember they want to make the rules. Why not negotiate the rules? That's not in their genes.