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looking beyond borders

foreign policy and global economy

Archive for the tag “Trade war”

Trump To Slap Tariffs On $200B More Chinese Goods

President Donald Trump announced that the United States will impose a 10 percent duty on an additional $200 billion of Chinese imports as of next week, quickly escalating a trade war that has hit broad swaths of the global economy.

Read Here – Politico

Also ReadU.S. China Trade War: Analysis of Latest Developments

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‘Made in China 2025’: Is Beijing’s Plan For Hi-Tech Dominance As Big A Threat As The West Thinks It Is?

For China, the original idea behind MIC2025 was simply to catch up with other countries, a tall order even by its own admission. Look no further than the new-generation information technology sector, one of the plan’s 10 target industries. After more than two decades and billions of dollars spent, China has yet to commercialise a home-grown operating system for computers, or a microchip, not to mention breaking into the global computing market that Microsoft and Intel dominate.

Read Here – South China Morning Post

How China’s Middle Class Views The Trade War

Never before has China’s fast-growing middle class confronted such daunting economic challenges, which mainly stem from domestic causes but have expanded to include escalating tensions with the United States. As a result, the members of this crucial group have developed an acute sense of anxiety.

Read Here – Foreign Affairs

China Trade Outlook Darkens As Donald Trump Threatens Total Tariffs

China’s chances of escaping the trade conflict with the US with only minor damage to its economy just got slimmer. On Friday, US President Donald Trump doubled down on his threats to impose higher tariffs on the nation’s goods, saying he’s ready to tax all imports “at short notice”.

Read Here – South China Morning Post

Lies, Damn Lies, And Chinese Statistics

Is the GDP true? Of course, it isn’t. But that isn’t really important in some ways. Almost all numbers in China are open for debate. As anyone who spends time dealing with the place knows, China is full of data and numbers, and while some may be true, that doesn’t mean the data set being described is complete.

Read Here – The Interpreter

China Rises, America Falters, And Geoeconomics Rears Its Head

Like countries, academic fashions rise and fall. The current interest in geoeconomics – using economic power and leverage to pursue geopolitical goals – is a classic example of this possibility. It is no coincidence that the rise of geoeconomics mirrors the rise of China. Rather revealingly, no one paid much attention to geoeconomic influence when it emanated primarily from the United States.

Read Here -WarOnTheRocks

The Security Risks Of A Trade War With China

Up until recently, the two nations’ economic ties had served as an effective brake on escalating strategic distrust. A China less constrained by and invested in economic ties with the United States could pose a substantially greater challenge to U.S. foreign policy. For all the Trump administration’s frustrations with managing interdependence, the consequences of decoupling could mean even bigger headaches.

Read Here – Foreign Affairs

Beyond Tariffs: China’s ‘Precision Strikes’ On US Businesses

US companies in China are bracing for more retaliatory pain from Beijing as the trade row between the two countries shows no sign of abating. Observers said some American firms had reported higher costs and much greater regulatory scrutiny, and feared a major drop-off in business from rising nationalism. The fallout follows a decision by Washington and then Beijing to impose 25 per cent tariffs on US$34 billion worth of imports from the other country.

Read Here – South China Morning Post

Trump Says China Talking On Trade, But…

US President Donald Trump says Beijing “is talking to” Washington about their trade dispute, claiming his tariffs strategy is working against China and other trade partners. But Chinese analysts are cautious, saying there could be more tit-for-tat trade measures to come before the two sides get back to the negotiating table.

Read Here – South China Morning Post

Also Read: China will struggle to win the trade war with the US

America’s Neville Chamberlain

US President Donald Trump’s attempts to flex America’s muscles with the use of tariffs harks back to one of the darkest periods of modern history. During the Great Depression, the governments of Britain and France pursued a similar policy, unwittingly alienating would-be allies and strengthening Nazi Germany.

Read Here – Project Syndicate

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