2018-03-25 08:39:00 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
President Trump imposes punitive tariffs on $60 billion Chinese imports in a brand-new trade war as China hits back with retaliatory tariffs on $3 billion U.S. exports. This strategic move hits China for its unfair trade practices with at least 3 major jabs. First, the Trump tariffs take the form of 25% key duties on $60 billion Chinese exports to America. This jab is only a fraction of the economic collateral damage that China has done to America by forcibly extracting the intellectual properties of U.S. corporations.
Second, the Trump administration can introduce foreign investment restrictions on Chinese companies. This prevention can stop Chinese companies from swooping into U.S. competitive advantages.
Third, the Trump team considers litigation at the World Trade Organization (WTO). Since the inception of its WTO membership, China has indeed failed to transform into an open democratic society that respects both economic freedom and the rule of law.
Overall, the Trump tariffs signal the dawn of an inevitable Sino-American trade war. Trump uses the sequential tariff tactics and economic sanctions on China, Iran, and Russia and even some western allies such as Canada, Europe, and Mexico. These tactical solutions may help reduce U.S. trade and budget deficits.
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.
2018-01-21 07:25:00 Sunday ET

As he refrains from using the memorable phrase *irrational exuberance* to assess bullish investor sentiments, former Fed chairman Alan Greenspan discerns as
2021-08-01 07:26:00 Sunday ET

The Biden administration launches economic reforms in fiscal and monetary stimulus, global trade, finance, and technology. President Joe Biden proposes s
2018-11-19 09:38:00 Monday ET

The Trump administration mulls over antitrust actions against Amazon, Facebook, and Google. President Trump indicates that the $5 billion fine against Googl
2018-12-09 08:44:00 Sunday ET

President Trump meets with Chinese President Xi again at the G20 summit in the city of Buenos Aires, Argentina, in late-November 2018. President Donald Trum
2018-11-07 08:30:00 Wednesday ET

PwC releases a new study of top innovators worldwide as of November 2018. This study assesses the top 1,000 global companies that spend the most on R&D
2023-07-07 10:29:00 Friday ET

Louis Kaplow strives to find a delicate balance between efficiency gains and redistributive taxes in the social welfare function. Louis Kaplow (2010)