2018-07-23 07:41:00 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
President Trump now agrees to cease fire in the trade conflict with the European Union. Both sides can work together towards *zero tariffs, zero non-tariff barriers, and zero subsidies on non-automobile industrial goods*. Trade barriers in services, chemical products, and pharmaceutical medications are on the chopping block too. Pundits point out that President Trump secures direct trade talks with the European Union to negotiate a similar deal to the prior Transatlantic Trade and Investment Partnership (TTIP).
Trump agrees to hold off further tariffs, halts punitive measures and sanctions on European cars, and thus avoids escalation into a tit-for-tat trade dispute. However, many international trade experts remain skeptical of Trump's mercurial personality and his pet peeve over America's trade deficits with the European partners. The current trade truce may or may not be permanent during the Trump administration.
In addition to China and Canada, the European Union causes large bilateral trade deficits with America. U.S. farm producers of soy, corn, wheat, cotton, dairy, and pork can receive $12 billion temporary subsidies in light of Trump tariffs, quotas, and even embargoes on Europe. Whether this trade protectionism proves to be effective remains an open debate. The law of inadvertent consequences counsels caution.
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.
2023-12-10 09:23:00 Sunday ET
U.S. federalism and domestic institutional arrangements A given country is federal when both of its national and sub-national governments exercise separa
2019-06-03 11:31:00 Monday ET
The Sino-U.S. trade war may be the Thucydides trap or a clash of Caucasian and non-Caucasian civilizations. The proverbial Thucydides trap refers to the his
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
2017-12-13 06:39:00 Wednesday ET
The Federal Communications Commission (FCC) has decided its majority vote to dismantle rules and regulations of most Internet service providers (ISPs) that
2018-05-21 07:39:00 Monday ET
Dodd-Frank rollback raises the asset threshold for systemically important financial institutions (SIFIs) from $50 billion to $250 billion. This legislative
2020-10-13 08:27:00 Tuesday ET
Agile lean enterprises strive to design radical business models to remain competitive in the face of nimble startups and megatrends. Carsten Linz, Gunter