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.
2017-11-25 06:34:00 Saturday ET
Mario Draghi, President of the European Central Bank, heads the international committee of financial supervisors and has declared their landmark agreement o
2019-07-21 09:37:00 Sunday ET
Facebook introduces a new cryptocurrency Libra as a fresh medium of exchange for e-commerce. Libra will be available to all the 2 billion active users on Fa
2018-09-05 08:34:00 Wednesday ET
Citron Research short-sellers initiate a class-action lawsuit against Tesla and its executive chairman Elon Musk because he might have deliberately orchestr
2019-10-01 11:33:00 Tuesday ET
The Trump administration postpones increasing 25% to 30% tariffs on $250 billion Chinese imports after China extends an olive branch to de-escalate Sino-Ame
2018-06-03 07:35:00 Sunday ET
Several recent events explain why Trump may undermine multilateral world order. First, Trump withdraws the U.S. from the 12-nation Trans-Pacific Partnership
2019-05-13 12:38:00 Monday ET
Brent crude oil prices spike to $70-$75 per barrel after the Trump administration stops waiving economic sanctions on Iranian oil exports. U.S. State Secret