2019-11-07 14:36:00 Thu 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 expects to impose punitive tariffs on $7.5 billion European exports due to the recent WTO rule violation of illegal plane subsidies. World Trade Organization rules that America can impose 25% tariffs on $7.5 billion European goods such as coffee, wine, whisky, cheese, and so forth in retaliation for illegal subsidies for the European airplane-maker Airbus. This decision may spark a tit-for-tat trade conflict between Europe and the U.S. to further destabilize a fragile global economy in the recent dawn of an interim partial trade deal between China and America.
The major trans-Atlantic stock markets from S&P 500, Dow Jones, and Nasdaq to FTSE and Euro Stoxx 50 plunge substantially in response to the new resolution of a 15-year trade dispute between Europe and America. As of October 2019 the U.S. trade institution targets Britain, France, Germany, and Spain as the main Eurozone consortium countries for Airbus airplane production. As U.S. trade envoy Robert Lighthizer suggests, the WTO confirms that the U.S. can impose countermeasures in response to the European illegal subsidies for Airbus. Lighthizer seeks to begin new trade negotiations with European counterparts to resolve this complex issue in a consistent way that would benefit American workers.
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.
2017-11-24 08:41:00 Friday ET
Is Bitcoin a legitimate (crypto)currency or a new bubble waiting to implode? As its prices skyrocket, bankers, pundits, and investors increasingly take side
2017-07-13 08:35:00 Thursday ET
President Donald Trump has announced that a major Apple iPhone upstream supplier, Foxconn Technology Group (aka Hon Hai Precision Group), will invest $10 bi
2018-01-21 07:25:00 Sunday ET
As he refrains from using the memorable phrase *irrational exuberance* to assess bullish investor sentiments, former Fed chairman Alan Greenspan discerns as
2021-05-20 10:30:00 Thursday ET
Artificial intelligence, 5G, and virtual reality can help transform global trade, finance, and technology. Core trade technological advances and disruptive
2019-09-23 12:25:00 Monday ET
Volcker, Greenspan, Bernanke, and Yellen contribute to a Wall Street Journal op-ed on monetary policy independence. These former Federal Reserve chiefs unit
2019-08-04 08:26:00 Sunday ET
U.S. and Chinese trade negotiators hold constructive phone talks after Presidents Trump and Xi exchange reconciliatory gestures at the G20 summit in Japan.