2018-04-02 07:33:00 Mon 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
China President Xi JinPing tries to ease trade tension between America and China in his presidential address at the annual Boao forum. In his vulnerable attempt to avert the Sino-American trade war, President Xi announces multiple plans to open China. These plans include curtailing tariffs on automobile imports, enforcing the legal protection of intellectual properties of foreign companies, and filing pragmatic complaints against the Trump tariffs on steel and aluminum.
However, several sources suggest that it is unlikely for China to completely retreat from the international free trade system. Should the Trump administration insist on imposing tariffs on Chinese imports, China can follow suit to counterbalance this strategic act with retaliatory tariffs. In effect, this rare game of chicken weakens the bilateral trade negotiations between China and America.
President Xi's speech strikes a positive tone and serves as a reconciliatory gesture toward the Trump administration. Chinese doves attempt to assuage the cold war mentality of Trump hawks, whereas, the Trump administration can threaten China with new tariffs. The Sino-U.S. trade relations may become the ancient Thucydides trap that significant shifts in relative strength of core powers can be a primary cause of bilateral conflict.
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.
2024-05-27 03:23:34 Monday ET

Stock Synopsis: Life insurers emphasize profit margins over sales growth rates. We review and analyze the recent market share data in the U.S. life insur
2023-10-14 10:32:00 Saturday ET

Jonathan Baker frames the current debate over antitrust merger review and enforcement in America. Jonathan Baker (2019) The antitrust paradi
2019-03-03 10:39:00 Sunday ET

Tech companies seek to serve as quasi-financial intermediaries. Retail traders can list items for sale on eBay and then acquire these items economically on
2019-10-15 09:13:00 Tuesday ET

U.K. prime minister Boris Johnson encounters defeat during his new premiership. The first major vote would pave the path of least resistance to passing a no
2023-12-07 07:22:00 Thursday ET

Economic policy incrementalism for better fiscal and monetary policy coordination Traditionally, fiscal and monetary policies were made incrementally. In
2019-04-17 11:34:00 Wednesday ET

Amazon CEO Jeff Bezos admits the fact that antitrust scrutiny remains a primary imminent threat to his e-commerce business empire. In his annual letter to A