Last week, President Donald Trump’s announcement that he would be slapping steep tariffs on imported steel and aluminium set off fears of a global trade war. But in reality, the international trading system has been unraveling for some time. After taking a quick glance at the World Trade Organization today, one might be excused for […]
China exports more to the US than the US exports to China, and that makes Donald Trump furious. But with the Communist Party’s 19th Congress set to take place in Beijing this year, Chinese leaders are unlikely to yield to US pressure. Read Here – Project Syndicate
China gaining market economy status is a cause for concern within the EU. Ultimately, though, it is for Europe and its WTO partners to ensure that this status comes as part of a negotiated deal to protect against unfair dumping practices. Read Here – EuropeanCEO
In history, a hegemon is largely associated with the presence of international economic infrastructure. In the 19th century, the British hegemon underwrote the liberal international order in the form of free trade and gold standard. The liberal order was later re-established by the American hegemon, which has overseen the Bretton Woods system from 1945. By […]
A fair assessment of Modi and his government depends in large part on what the public expects of the new team. Does India need only to reduce corruption and become more business-friendly? Or does it require more sweeping reforms? If it is the former, Modi is on track. Effective anti-corruption and pro-business measures are challenging […]
Critics of the Indian government see inconsistency in its apparently contradictory posture over the WTO agreement and relations with Pakistan, but observers of Indian foreign policy and strategic thinking must pay closer attention to the underlying message emanating from Prime Minister Narendra Modi, writes Sanjaya Baru Read Here – Indian Express
As Mr. Kerry is in India for his mission of what he calls “realising the potentially transformational moment” between India and the United States, he may well find that and many issues do in fact need to be addressed further, before he can effect such a transformation. Perhaps the best way to avoid some of […]
The Ministry of Commerce has quashed recent media reports speculating that China had surpassed the United States to become the world’s biggest trading nation by volume. Recent data from the world’s two largest economies show that Chinese trade in goods and services reached $3.87 trillion in 2012, according to the General Administration of Customs, while […]
looking beyond borders 