国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Bank of England governor warns U.S.-triggered tariff wave to hurt Western economy

Source: Xinhua| 2018-07-05 21:47:15|Editor: zh
Video PlayerClose

LONDON, July 5 (Xinhua) -- The governor of the Bank of England warned on Thursday that the waves of tariffs triggered by the Trump administration will have negative impact on the U.S. and European economy, in a speech in Newcastle, northern England.

Mark Carney said protectionist rhetoric has risen, and it is now turning into action, with the U.S. increasing tariffs and the affected countries retaliating.

"Protectionism affects the real economy through three channels. There are direct effects through reduced trade flows, disrupted supply chains and higher import costs. And there are indirect effects, via business and consumer confidence and financial conditions," said Carney.

If implemented, the tariffs announced thus far will broadly double average bilateral tariff rates, and could raise average U.S. tariffs to rates not seen in over 50 years, he said.

"There are some tentative signs that this more hostile and uncertain trading environment may be dampening activity. For example, survey measures of global export orders and manufacturing output have fallen back from highs at the start of this year, and growth in U.S. and euro area capital goods orders fell to zero in Q1," he said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020071440000000000000011100001373041341
主站蜘蛛池模板: 鄂州市| 鄂尔多斯市| 沙坪坝区| 施秉县| 汽车| 揭西县| 遵义县| 苍南县| 益阳市| 济源市| 昂仁县| 榆社县| 金门县| 汉中市| 宝山区| 上犹县| 安仁县| 嘉祥县| 六枝特区| 黄浦区| 本溪市| 龙泉市| 敦化市| 涡阳县| 南皮县| 盐山县| 纳雍县| 湘乡市| 分宜县| 清河县| 泾源县| 林西县| 布尔津县| 枝江市| 鸡泽县| 铁力市| 上饶县| 措勤县| 中超| 依兰县| 乾安县|