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 […]
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 […]
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 […]
President Donald Trump’s abrupt decision to slap steel and aluminium tariffs on Canada, Mexico and the European Union capped a whipsaw week that reflected not just the deep divisions among his top economic advisers, but the changeable attitudes of the irascible and unpredictable president himself. Read Here – Politico
The White House’s announcement Tuesday morning to move forward with tariffs and import restrictions on China is the latest in a series of tit-for-tat trade actions that President Donald Trump and top members of his administration have taken. Read Here – Politico Also Read: Who’s on China’s new team handling US relations? Meet the most influential […]
The gradual disintegration of the Chimerica symbiosis is likely to be the world’s biggest business story for the next several years, if not decades. Even if the U.S. and China don’t come to blows, their deepening economic rivalry creates a headache for multinational companies that have spent decades constructing global supply chains. Read Here – Bloomberg
China’s investment flows into the United States face a bleak outlook as a result of mounting bilateral economic conflicts and US attempts to limit access for Chinese capital, a new report warns. The US was working on stricter scrutiny to restrict access because of national security concerns, the Rhodium Group said in a report. Read […]
As Cui, China’s man in Washington, suggests, Xi’s team is now “looking at all options.” While Trump doing his worst with tariffs is worrying, the idea of Xi pulling the plug on the dollar is positively terrifying. Trump must remember that even though he runs the biggest economy, Xi holds the deed. Read Here – […]
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