<\/a><\/p>\nAnother factor is Brexit which has impacted Britain and Europe negatively thus far. America is also facing some changes with its upcoming political election. In response to what has been deemed \u201cunfair\u201d trade advantages, trade laws have been put into place. China has been cited for dumping and having extremely cheap labor costs which drove down their prices. This has caused millions of American jobs, such as at the steel mills in Ohio and Pennsylvania, which used to be steady and secure job source to be obsolete. It has also caused American to have a trade deficit with China. Donald Trump says that he will renegotiate trade deals and stop NAFTA and the Trans-Pacific Partnership. These impending changes have caused uncertainty and will definitely have a ripple effect on global trade.<\/p>\n","protected":false},"excerpt":{"rendered":"
On September 27th, the World Trade Organization forecasted the growth of trade to be 2.8%, a major decrease from 2016\u2019s 1.7%. GDP has been growing at a slow pace and this year trade may be even slower. In the past global trade flourished, however, many factors contribute to the rate at which trade grows such […]<\/p>\n","protected":false},"author":824,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts\/2394"}],"collection":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/users\/824"}],"replies":[{"embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/comments?post=2394"}],"version-history":[{"count":1,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts\/2394\/revisions"}],"predecessor-version":[{"id":2407,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts\/2394\/revisions\/2407"}],"wp:attachment":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/media?parent=2394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/categories?post=2394"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/tags?post=2394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}