He said he had to buy it as his steel was getting uncompetive. Selling at a loss exposes us to WTO and future partners will be hesitant. By simply producing steel ourselves at market rates it was already going to put him out of business.
I know the WTO should be a problem, but literally everything he’s done economically since gaining power has been illegal both with the WTO and with his own laws.
He said he had to buy it as his steel was getting uncompetive. Selling at a loss exposes us to WTO and future partners will be hesitant. By simply producing steel ourselves at market rates it was already going to put him out of business.
I know the WTO should be a problem, but literally everything he’s done economically since gaining power has been illegal both with the WTO and with his own laws.
The game is over. The system no longer functions.
As we try to make deals with EU and ASEAN this is not true. The US is in a USSR style collapse. That does not mean the rest of the world is.