Egypt

Economic "Conference"Customs duties will exacerbate global economic crises

Dr. Mohamed El -Shorbaji, the economist and head of the Economic Committee of the Congress Party, said that the decisions of US President Donald Trump to impose customs duties on some countries will lead to the exacerbation of economic crises at the global level. Increasing the prices of commodities in the American and international markets, and thus downloading consumers and companies additional financial burdens, which will increase inflation rates. The global, stressing that fair and balanced commercial policies are the way to enhance sustainable economic growth and mitigate global financial crises. To manufacture its products instead of China, and thus it will play a pivotal role in enhancing its economies by attracting investments that may arise as a result of this crisis. Stressing the importance of developing developing countries, the opportunity to enhance their economies and achieve sustainable development.

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