2018-05-01 11:38:00 Tue ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
America and China play the game of chicken over trade and technology, whereas, most market observers and economic media commentators hope the Trump team to help avert a long and open Sino-U.S. trade war. The current Sino-U.S. trade war may erect trade barriers such as tariffs, quotas, and even embargoes on both sides at the expense of global citizens who would then face higher costs and prices.
In recent times, America imposes tariffs on $60 billion Chinese imports in addition to its steel-and-aluminum tariffs on western allies such as Canada, Europe, and Mexico. National Economic Council top adviser and former CNBC economic media host Larry Kudlow expresses cautious optimism toward the next trade negotiations with the Chinese delegation. The Trump administration also initiates an executive order to bar U.S. government agencies from buying 5G products and services from Chinese telecom equipment providers such as HuaWei and ZTE.
This executive order restricts private government contractors from buying foreign telecom products and services in close relation to 5G national economic security. These restrictions help deter unforeseen contingencies that might arise from both Chinese espionage and disruption.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2023-04-07 12:29:00 Friday ET
Timothy Geithner shares his reflections on the post-crisis macro financial stress tests for U.S. banks. Timothy Geithner (2014) Macrofinanci
2019-08-03 09:28:00 Saturday ET
U.S. inflation has become sustainably less than the 2% policy target in recent years. As Harvard macro economist Robert Barro indicates, U.S. inflation has
2018-07-05 13:40:00 Thursday ET
U.S. trading partners such as the European Union, Canada, China, Japan, Mexico, and Russia voice their concern at the World Trade Organization (WTO) in ligh
2019-10-17 08:35:00 Thursday ET
The European Central Bank expects to further reduce negative interest rates with new quantitative government bond purchases. The ECB commits to further cutt
2022-08-30 10:32:00 Tuesday ET
The financial services industry needs fewer banks worldwide. As long as banks have existed in human history, their managers have realized how not all dep
2019-12-28 09:36:00 Saturday ET
Global debt surges to $250 trillion in the fiscal year 2019. The International Institute of Finance analytic report shows that both China and the U.S. accou