Article: "The coming trade war offers opportunities for Arabian Gulf countries"
Published in The National
The US President Donald Trump’s announcement of his intention to impose a significant tariff upon steel imports will surely initiate a trade war. After all, it is not an isolated or arbitrary policy: it comes in the wake of imposing tariffs upon washing machine imports. And when the Jean Claude Juncker, the President of the European Commission, indicated that the European Union would respond in kind, Mr Trump doubled down by threatening to impose tariffs on imports of European vehicles. This cycle of economic self-flagellation actually offers the Arabian Gulf countries an opportunity to revise their own trade policies to further cement their position as constructive members of the global community.
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