in these days all over world is discussing US-CHINA tradewar.so I will discuss US-CHINA tradewar impact
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US-CHINA TRADEWAR IMPACT
In starting 2018 AMERICA imposed tarrif on solar panel import most of these solar panel manufacturing in china.on 6 july 2018 AMERICAN POLICY budget trump had hike 25 percent import duty on 34 billion chinese goods and same condition China hike import duty on American goods.on 24 September 2018 further America hike import duty on 200 billion chinese goods and China hike import duty on 60 billion American goods.so US-CHINA tradewar has became very big problem in live days because U.S and CHINA running hike duty on each other tarrif goods and in WORLD TRADEWAR increase
TRADE WAR EFFECT ON TOP-10 COUNTRY
1. LUXEMBOURG
2. TAIWAN
3. SLOVAK REPUBLIC
4. HUNGARY
5. CZECH REPUBLIC
6. SOUTH KOREA
7. SINGAPORE
8. MALAYSIA
9. ICELAND
10. IRELAND
IRELAND it's GOOLGLE-HQ service use in Europe and dominated its economy and high banking services
ICELAND main business is tourism,fish processing and aluminium smelting and export to US,EUROPE AND JAPAN
MALAYSIA is China's biggest trading partners and its export business is rubber,oil and tin
in live days SINGAPORE and CHINA export business grow to 100 billion dollar to each other
SOUTH KOREA and LUXEMBOURG is export his many item business with US,CHINA and SINGAPORE
CZECH and SOLVAK REPUBLIC has increase his most business to trade in foreign-exchange
TAIWAN his semiconductor, plastic and computer business trade with china