The Chinese-US customs war affects almost the whole world economy

The war between China and the United States of America affects almost the entire world economy – Szabó Dávid József, research director at Századvég Alapítvány told M1 news channel.

He added that the world economy is producing goods along different global chains, which means that the parties are in vain imposing bilateral customs duties, in fact, due to the complex relationship between them, the supply deteriorate globally and the price of products increase. (MTI)