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looking beyond borders

foreign policy and global economy

Archive for the tag “Trade war”

China’s Solution To Trump’s Trade Tantrums? Treat Him Like A Natural Disaster

After fighting a trade war with the United States for more than a year, Chinese officials have long realised that the best precaution against Donald Trump’s presidency of wilful unpredictability is to liken it to a natural disaster. While it is hard to predict when or how a disaster strikes, one should think of all possible ways to prepare for the worst and mitigate risks in case it happens.

Read Here – South China Morning Post

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Trump’s Vision Meets Growing Global Chaos

President Donald Trump had hoped to head into the 2020 campaign season as the world’s consummate deal-maker. He may instead enter his reelection campaign not just empty-handed, but vulnerable to the charge that his policies have helped sow chaos across the globe.

Read Here – Politico

 

The Real Cost Of Trump’s Trade Wars

Economic analysis suggests that bilateral trade wars are unwinnable in an interconnected world. By firing his latest tariff salvo against China, US President Donald Trump has further raised the stakes in an increasingly damaging dispute – and America is likely to emerge as the bigger loser.

Read Here – Project Syndicate

G-20: Donald Trump Just Saved Huawei (But the Trade War Isn’t Over)

U.S. President Donald Trump at the G20 summit in Osaka. Photo/White House

The trade war is doing permanent damage to the Chinese economy every month since once production networks have been relocated to lower-cost countries in Southeast Asia, they are unlikely to return to China. The United States faces no such economic pressure.

Read Here – The National Interest

Trump Announces Trade Negotiations With China Are ‘Back On Track’

President Donald Trump said negotiations with China are “right back on track” after meeting with Chinese President Xi Jinping on Saturday in Japan. “We had a really good meeting,” Trump told reporters before talks with the Turkish president. “Perhaps better than expected.” The president did not specify whether he would pause his plan to impose additional tariffs on China, but Chinese state-run television was reporting that the U.S. would not impose any new duties on Chinese goods.

Read Here – Politico

Also Read: Xi, Trump Agree To Restart China-U.S. Trade Consultations

Trump And The Art Of The No Deal

Seemingly endless threats, insults, punishment, and attempts at coercion have been a leading feature of Donald Trump’s foreign policy. The pervasive bullying so far has not been matched by a comparable degree of positive results, as many have noticed. North Korea’s nuclear arsenal is no smaller than it was when Trump took office, it’s larger. The trade war with China is escalating rather than being resolved. Policy toward Iran is a multifaceted failure.

Read Here – The National Interest

Why US-China Cold War Would Be So Costly

If the U.S.-China trade war develops into a broader cold war, as some observers fear, it will be nothing like the actual Cold War. Between civil war in Russia after World War I, the Great Depression in the United States and then the cataclysm of World War II, America and the Soviet Union never had a chance to develop a significant economic relationship before things hardened into a stark East-West divide. When Washington adopted a containment strategy that blocked most trade with the Soviets, including technology transfers, it had relatively little impact on either economy. The situation with China today is radically different.

Read Here – World Politics Review

The Rebalancing That U.S. Trade Policy Actually Needs

Trump is wrong about a lot of things when it comes to trade, including that the trade arrangements to which the United States is a party reflect poor negotiating skills. To the contrary, they overwhelmingly reflect U.S. negotiating preferences. But Trump does have a point that some of the negotiators’ priorities don’t reflect those of many Americans.

Read Here – World Politics Review

International Rules Are Not A Puppet In The Hands Of US Politicians

In the eyes of some US politicians, the world is a theatre of monodrama for America, while the international rules are just a puppet in their hands. In this monodrama, it is the United States that decides how the story goes. So, is there any justice in this world? How can the hard-won international rules be protected?

Read Here – People’s Daily

Balancing The Poles

India should be successful in resisting demands to choose one side of the fence or the other, because the fence itself will be rickety and shifting. Appropriate to the diffused geopolitical landscape is a policy which enables promotion of India’s interests through multiple circles of engagement.

Read Here – The Indian Express

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