2019-11-03 12:30:00 Sun 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
Chinese trade delegation offers to boost purchases of U.S. agricultural products to reach an interim trade deal with the Trump administration. Chinese Vice Premier Liu He indicates an active key interest from China in buying $40 billion to $50 billion American agricultural products such as soybeans and pork bellies. China expects the Trump team to institute another tariff reprieve in light of the interim partial trade agreement. Thus, there would be no 5% tariff hike on top of the current 25% tariffs on $250 billion Chinese goods. China further expects the Trump administration to circumvent blacklisting some Chinese tech titans such as HuaWei and Tencent. In response, however, U.S. trade rep Robert Lighthizer emphasizes that the HuaWei case should be kept separate from the interim partial trade deal.
Chinese trade delegation indicates a key interest in keeping the renminbi currency steady within reasonable ranges of exchange rates. Any new competitive currency manipulation or misalignment would not serve in the best interests of America and China. Moreover, China plans to further open up its asset markets by lifting foreign capital investment restrictions from April 2020 onwards.
On balance, peace and engagement can help attain the best compromise in Sino-American trade negotiations.
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.
2019-03-19 12:35:00 Tuesday ET
U.S. tech titans increasingly hire PhD economists to help solve business problems. These key tech titans include Facebook, Amazon, Microsoft, Google, Apple,
2018-06-05 07:36:00 Tuesday ET
Just Capital issues a new report in support of the stakeholder value proposition in recent times. U.S. corporations that perform best on key priorities such
2018-12-22 14:38:00 Saturday ET
Federal Reserve raises the interest rate to the target range of 2.25% to 2.5% as of December 2018. Fed Chair Jerome Powell highlights the dovish interest ra
2017-07-25 10:44:00 Tuesday ET
NerdWallet's new simulation suggests that a 25-year-old millennial who earns an inflation-free base salary of $40,456 and saves 15% each year faces a 99
2018-01-06 07:32:00 Saturday ET
Subsequent to the Trump tax cuts for Christmas in December 2017, the one-year-old Trump presidency now aims to make progress on health care, infrastructure,
2019-08-20 07:33:00 Tuesday ET
The recent British pound depreciation is a big Brexit barometer. Britain appoints former London mayor and Foreign Secretary Boris Johnson as the prime minis