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.
2022-08-30 10:32:00 Tuesday ET
The financial services industry needs fewer banks worldwide. As long as banks have existed in human history, their managers have realized how not all dep
2017-05-31 06:36:00 Wednesday ET
The Federal Reserve rubber-stamps the positive conclusion that all of the 34 major banks pass their annual CCAR macro stress tests for the first time since
2019-06-19 09:27:00 Wednesday ET
San Francisco Fed CEO Mary Daly suggests that trade escalation is not the only risk in the global economy. Due to the current Sino-U.S. trade tension, the g
2019-04-30 07:15:00 Tuesday ET
Through our AYA fintech network platform, we share numerous insightful posts on personal finance, stock investment, and wealth management. Our AYA finte
2018-11-21 11:36:00 Wednesday ET
Apple upstream suppliers from Foxconn and Pegatron to Radiance and Lumentum experience sharp share price declines during the Christmas 2017 holiday quarter.
2020-08-19 10:32:00 Wednesday ET
Corporate strategies, portfolio choices, and management memes add value and drive business process improvements over time. Andrew Campbell, Jo Whitehead,