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.
2019-06-13 10:26:00 Thursday ET
The Chinese Xi administration may choose to leverage its state dominance of rare-earth elements to better balance the current Sino-U.S. trade war. In recent
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.
2019-02-28 12:39:00 Thursday ET
New York Fed CEO John Williams sees no need to raise the interest rate unless economic growth or inflation rises to a high gear. After raising the interest
2023-09-28 08:26:00 Thursday ET
Daron Acemoglu and James Robinson show a constant economic tussle between society and the state in the hot pursuit of liberty. Daron Acemoglu and James R
2018-11-17 09:33:00 Saturday ET
Zillow share price plunges 20% year-to-date as its competitors Redfin and Trulia also experience an economic slowdown in the real estate market. The real es
2016-10-01 00:00:00 Saturday ET
We can learn much from the frugal habits and lifestyles of several billionaires on earth. Warren Buffett, Chairman and CEO of Berkshire Hathaway, still l