What is the "Free trade" who wants to promote Pedro Sánchez to respond to tariffs

Chijioke Obinna

What is the "Free trade" who wants to promote Pedro Sánchez to respond to tariffs

Since the Tariff measures of the Trump administration, Political leaders around the world are moving the threads to solve this situation that can affect the entire world population, both the richest, as we have already seen with Elon Musk or Mark Zuckerberg, and all the citizens on foot who may see a GENERAL RISE IN PRICES of all kinds of products.

Sanchez has also begun to have conversations with different political leaders to address this issue, this Wednesday the First official visit of a president of the Spanish Government to Vietnam, on a trip organized by A EU, which It will also have a stop in China.

In this visit to the country Asian Sánchez said that “nobody is interested in a commercial war. Nadia wins. In a commercial war we all lose And, above all, who loses is the workers and the middle class of society. “

In addition, in the social network X he assured that this meeting with Pham Minh Chinh, the Vietnam Prime Minister, marked “the way to a future full of opportunities for our countries.”

What is free trade

On this visit, in addition to making other agreements between the two countries, Pham Minh Chinh has asked for support from Spain for ratify the free trade agreement with the European Union.

A free trade agreement is a binding commercial agreement in which two or more countries agree on concession of mutual tariff preferences and the reduction of non -tariff barriers in the trade of goods and services.

These types of treaties implies allowing the markets authorize themselveswithout government intervention or other regulatory institutions.

With what countries Spain (EU) has treated/free trade agreements

  • Canada
  • Central America
  • Chili
  • Colombia-Peru-Ecuador
  • Japan
  • Mexico
  • New Zealand
  • Singapore
  • South Korea
  • United Kingdom
  • Vietnam
  • Swiss
  • Western Balkans

Chijioke Obinna

I've been passionate about storytelling and journalism since my early days growing up in Lagos. With a background in political science and years of experience in investigative reporting, I aim to bring nuanced perspectives to pressing global issues. Outside of writing, I enjoy exploring Nigeria’s vibrant cultural scene and mentoring young aspiring journalists.