Increased trade tensions have raised the risk that new measures may be taken that would have a much greater impact on global economic growth than those enacted so far. The US investigation into auto tariffs, possible additional US tariffs on Chinese imports, and the likely reactions of other countries and blocs, point to a potential […]
Thanks to the dollar’s outsize global role, the first casualties of a somewhat irresponsible U.S. fiscal policy are likely to be emerging economies that have used the dollar to denominate their debts, not the United States itself. A stronger dollar and rising U.S. interest rates are increasing the burden of paying all dollar-denominated debts around the world. […]
With the United States-North Korean Summit taking place earlier this month, the world is faced with the prospect of a newly-opening North Korea. In this shift, Delhi’s diplomacy can be seen as an effort to play the role of a mediator. It would be a step towards having a say in North Korea’s economic and political […]
Some said the day would never come, that it was all a bluff. But as the Independence Day fireworks cool in Washington, the eve of the trade war has arrived in China’s capital, where government leaders keep reminding people: We did not start this, but we will fight back. Read Here – The Washington Post
President Donald Trump is now at full-scale war over trade policy with some of the Republican Party’s staunchest allies in big business, including executives at iconic American brands such as General Motors and Harley-Davidson who previously shied away from criticising an often irascible president. Read Here – Politico Also Read: Trump’s Psychopathology Is Getting Worse
It is probably a war over trade. But it is also a battle over technology. As the US and China veer towards a full-blown trade war, US President Donald Trump singled out Beijing’s “Made in China 2025” plan as a major threat to US economic interests that violates global trade rules. Read Here – South China Morning […]
Trump is not the first American president to sit down with a Russian counterpart. What generates such political dread within the Atlantic chancelleries are Trump’s persona and worldview. For them, Trump’s apparent love for Russia is bad enough. When combined with his denunciation of the holiest of the Western institutions — the NATO, G-7, EU […]
India’s external and strategic environment is looking like a train-wreck and it isn’t just to do with the American humiliation of “postponing” the vaunted “two-plus-two” dialogue for the third time. The picture today has no resemblance to what we saw until about a year earlier. Prime Minister Narendra Modi was then hopping from one […]
It is fair to give the president credit for delivering, or working to deliver, on many of his electoral promises, something that is reportedly a source of pride for Trump. As a candidate, Donald Trump said that he would take a tougher stance on illegal immigration, demand more beneficial trade arrangements from other nations, downplay […]
As a liberal democracy, built on the freedom of citizens, who are ruled by the leadership of their own choosing, it is in India’s interest that the US prevails in this ‘clash’ of civilisations. A sustained but uneasy peace with China still only means living in the shadow of powerful, undemocratic autocrats. That is a […]
