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.
2022-03-25 09:34:00 Friday ET

Corporate cash management The empirical corporate finance literature suggests four primary motives for firms to hold cash. These motives include the tra
2018-02-01 07:38:00 Thursday ET

U.S. senators urge the Trump administration with a bipartisan proposal to prevent the International Monetary Fund (IMF) from bailing out several countries t
2024-04-02 04:45:41 Tuesday ET

Stock Synopsis: High-speed 5G broadband and mobile cloud telecommunication In the U.S. telecom industry for high-speed Internet connections and mobile cl
2020-10-27 07:43:00 Tuesday ET

Most agile lean enterprises often choose to cut costs strategically to make their respective business models fit for growth. Vinay Couto, John Plansky,
2024-03-26 09:30:00 Tuesday ET

Stock Synopsis: ESG value and momentum stock market portfolio strategies Since 2013, we have been delving into the broad topics of ESG (Environmental, So
2018-03-07 07:34:00 Wednesday ET

President Trump tweets his key decision to oust State Secretary Rex Tillerson after several months of intense disagreement over diplomatic affairs. Trump so