Trade Policy Change Implications for U.S. Container Trades
As the U.S. shifts its international trade policy preferences towards bilateral agreements and away from multi-lateral agreements, there are consequences for U.S. container trades. U.S. trade partner countries aren’t passive when it comes to trade policy themselves and they dislike new bilateral trade deals replacing prior multinational agreements. Overseas businesses also react to perceptions of increased risks to U.S. trade by looking more to other trade partners. These fa