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looking beyond borders

foreign policy and global economy

Archive for the tag “trade”

A Trump Foreign Policy

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 the struggle against climate change, and avoid regime change and meddling in the internal politics of other states.

Read Here – The National Interest

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India And China In The Era Of Donald Trump

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 place that India has been in for far too much of its long history.

Read Here – Swaraj

Trump’s China Tariffs Met With Retaliation Vow From Beijing

The Trump administration moved the U.S. to the edge of a trade war with China by announcing tariffs on $50 billion in Chinese imports and pledging additional investment restrictions, which Beijing immediately vowed to retaliate against. The response from China signaled a rapid escalation of the dispute. China will impose tariffs with “equal scale, equal intensity” on imports from the U.S. and all of the country’s earlier trade commitments are now off the table, the Commerce Ministry said.

Read Here – Bloomberg

Also Read: Trump’s Statement On Trade With China

Trump’s Next Target: NATO

After watching the G7 train wreck aghast, senior officials at NATO headquarters are quaking in their boots at the prospect of hosting a summit of the Western defense alliance featuring a raging Donald Trump in Brussels. Far from showcasing transatlantic unity and resolve, they fear the 24-hour gathering of leaders of the 29-nation alliance, scheduled for about a month from now, could turn into round 2 of the rumble in Quebec, with the U.S. president on the rampage against the Europeans and Canadians over their allegedly unfair trade surpluses and puny military spending, leaving NATO in tatters.

Read Here – Politico

America’s Allies Should Stand Up To Its Reckless Trade Policy

Mr Trump’s goals go far beyond tariffs on a few metals. He seeks trade terms that will force supply chains to move to America, damn the economic consequences. For example, the administration wants the North American Free-Trade Agreement (NAFTA) to expire automatically after five years, robbing firms of the certainty they need to invest in Mexico. To roll over on tariffs today would invite further, more damaging assaults tomorrow.

Read Here – The Economist

Takeaways From Qingdao

What has the second informal meeting between Modi and Xi in the space of six weeks achieved? Can the ‘Wuhan Spirit’ of greater understanding reduce the possibility of another standoff on the border?

Read Here – The Indian Express

After Trump’s G-7 Summit Fiasco, Be Afraid

The president, unmoved by history, ignorant of facts and guided by sycophants, has not been forced to grapple with the real world nor to hear views that don’t coincide with his twisted worldview, in which allies are ripping us off and aggressive strongmen are to be admired and accommodated.

Read Here – Washington Post

Also Read: An open letter on trade: The facts speak for themselves

Trump Stuns Allies, Won’t Sign G-7 Joint Agreement

Photo released by German Chancellor’s office shows the isolation of U.S. President Donald Trump at the just-concluded G7 summit.

President Donald Trump said the United States will not sign a joint agreement with other G-7 countries, an abrupt reversal that will further erode relations with key U.S. allies and underscore the country’s increasing isolation under Trump.

Read Here – Politico

China, India To Promote Bilateral Ties From New Starting Point

Indian Prime Minister, Narendra Modi and Chinese President Xi Jinping at the Plenary Session of the Shanghai Cooperation Organisation (SCO) Summit, in Qingdao, China on June 10, 2018. Photo/PIB

Chinese President Xi Jinping and Indian Prime Minister Narendra Modi agreed to take their April meeting in Wuhan as a new starting point to promote bilateral relations. The two leaders reached the consensus during a meeting in the coastal Chinese city of Qingdao ahead of the 18th Shanghai Cooperation Organization (SCO) summit.

Read Here – Xinhua

Also Read: China, India ready to deepen their economic ties

Trump’s Art of Unpredictability Starts to Backfire Overseas

As a businessman, U.S. President Donald Trump saw strength in his willingness to keep multiple balls in the air and change approach as they fell. In international relations, that unpredictability may be proving a liability.

Read Here – Bloomberg

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