Asian multilateral investment bank says global development financing system works despite Trump
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Euronews.com
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Donald Trump's tariff policies may lead to increased protectionism and slower global economic growth, according to economists. Ludger Schuknecht from the Asian Infrastructure Investment Bank emphasizes the importance of multilateralism and strong trade relations. Despite recent tariffs on Canada and Mexico being temporarily halted, U.S. tariffs on China remain, prompting retaliatory measures. The AIIB aims to enhance economic outcomes in Asia and has 110 member countries, excluding the U.S. Teljes cikk (Euronews.com)