The world is on the threshold of a crisis in the vagina of developing countries

Alghad - 06/04
AMMAN- While the battle revolves between the major powers about protectionism and openness, the developing economies find themselves in the midst of this battle that sparked again by US President Donald Trump, by directing the customs duties weapon in the face of the global economy, which is about to be a major economic crisis that threatens all economies, among them the developing countries that have also become a crossroads between openness to global markets or self-sufficiency and indulgence in More conservative economic practices. Economists confirm that the global customs duties crisis will cause deep economic repercussions on developing countries, which are the weakest link in the global commercial system, where developing countries will be vulnerable to the decline in economic growth similar to the rest of the world, in addition to the decrease in the flow of foreign investments to their markets, in addition to the return of inflationary tide and high prices, and the disturbance of global supply chains and other burdens that threaten economic peace And social. These experts considered in exclusive statements to "Al -Ghad" that the timing of imposing fees increases their danger, as it comes at a time when global economies are still a beginning of successive crises, such as Corona, and the global inflation crisis in the aftermath of the Russian -Ukrainian war, and the economic bounces of the Gaza war. Experts believe that the developing countries reduce the consequences of the volcano of the prominent policy policies, calling for the search for new economic and investment alliances and blocs, in addition to setting economic plans and programs to support domestic local production, as well as organizing its markets and diversifying the sources of importing and exporting them. Experts expected a change in the shape of the post -liberation world, as the world appears in the midst of a new international and economic system, and structures of political and economic alliances that are different from the existing alliances. US President Donald Trump has announced a series of new customs duties targeting 180 countries and regions around the world, as part of what he described as measures to protect the American economy and hold accountable countries that treat the United States in an unfair way. In his statements, Trump stressed that the fees will include the imposition of 34 % on China, 24 % on Japan, 31 % on Switzerland, 46 % on Vietnam, 32 % on Taiwan, 26 % on India, and 50 % on Lesoto, while the European Union will impose 20 % fees. He stressed that the lowest percentage of customs fees will be 10 %, which will be the share of Britain, while customs duties were imposed on Jordan by 20 %. Sharp repercussions The former Finance Minister, Dr. Muhammad Abu Hamour, said that the new American customs policies will constitute economic pressure on the various economies of the world, whether advanced or developing, noting that their impact will be more severe for countries with weak and fragile economies. Abu Hammour explained that developing countries lack the options and flexibility that developed countries possess, which makes them more vulnerable to the repercussions of the crisis, especially in light of the escalation of recession, the disturbance of global supply chains, and the possibility of inflationary waves. He added that these challenges may lead to a decline in global growth rates, and deep economic and social tremors in countries limited resources. Abu Hammour warned that the timing of imposing fees increases their danger, as it comes at a time when global economies are still recovering from successive crises, starting from the Koruna pandemic, through the Russian -Ukrainian war, and reaching the Israeli aggression on the Gaza Strip
AMMAN- While the battle revolves between the major powers about protectionism and openness, the developing economies find themselves in the midst of this battle that sparked again by US President Donald Trump, by directing the customs duties weapon in the face of the global economy, which is about to be a major economic crisis that threatens all economies, among them t...
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