(1) Trump trade war with so many of his trading partners like Mexico, EU, China, India, Japan, Canada etc - will cause the Global Supply Chain, trade, business, investment to shift away from US.
(2) US business and consumers will be the biggest loser - when the World comprise of US$62 trillion GDP - shift its trade, business, investment focus away from US market of US$19 trillion.
(3) The World should focus on more multi-lateral deals to ramp up, enhance or conclude more multi-lateral deals to cushion the impact from US anti-trade policy and form new Global Supply Chain, trade market and investment market eg.
- RCEP - to conclude by this year
- CPTPP - to invite more members to join this deal
- EU-ASEAN FTA
- BRI - to ramp up and get more buy in from Countries for infra development and beef up trade.
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