US’ Graham Act, trade restrictions are sustained coercion; US, China, EU weaponise trade: CEA

The US' Graham Act, a set of trade restrictions, has been sustained as a form of coercion by the Council of Economic Advisers (CEA). This move is not unique to the US, as the CEA also points out that China and the EU have weaponised trade through similar measures. These include export licensing and supply-chain chokepoints, which can disrupt trade flows and impact economies. This escalation in trade tensions has significant implications for global markets and trade relationships.

Why it matters

The US, China, and EU are using trade as a weapon, which could lead to a trade war. This could hurt global economic growth and increase uncertainty for investors.

Market impact

Markets & countries in focus

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