US economy after Paris climate withdrawal - watch for trade sanctions on US emitters
A quick-fire piece from Bloomberg on President Donald Trump pulling the US out of the Paris climate accord
The gist is that the withdrawal will likely play out with other countries imposing tariffs on U.S. carbon emitters. AKA 'trade wars', right?
Any 'trade war' will take some time, but something to watch. We are already seeing countries start to by-pass dealing with the US in multi-lateral trade talks, led by China.