17 mai 2018

Enforcing Trade Agreements: Another Trump Promise Fulfilled


President Donald Trump can celebrate another victory for his America First agenda. On Monday , the United Arab Emirates came to terms with the United States, agreeing to uphold the Open Skies agreement between the two nations. For several decades, now, the UAE and Qatar have poured subsidies into their national airlines in an effort to corner the international air travel market. The heavy subsidization has allowed the two Gulf states to engage in capacity dumping – similar to product dumping. [...]