2018-11-13 12:30:00 Tue 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 promises a great trade deal with China as Americans mull over mid-term elections. President Trump wants to reach a trade accord with Chinese President Xi Jin-Ping at the G20 summit in Argentina later in November 2018. Also, President Trump asks key Cabinet secretaries to draft a potential trade deal to halt escalating the current trade conflict with the Chinese Xi administration. If President Trump can achieve an accord on trade with President Xi, the Trump administration would refrain from imposing tariffs and other economic sanctions on another $267 billion Chinese imports. These economic sanctions focus on the perennial shady Chinese practices of intellectual property theft. These shady practices often entail requiring foreign companies to establish data centers and IT theme parks in China such that both proprietary data and techniques transfer to Chinese tech firms.
Several e-commerce giants such as Amazon and Alibaba express grave concerns about U.S. domestic job creation in the wake of tariffs, quotas, and other retaliatory trade barriers. For instance, Alibaba executive vice chairman Joe Tsai reiterates that his boss Jack Ma has promised the creation of 1 million small business jobs on the premise of few Sino-U.S. trade barriers. His conservative tone departs from the previous promise by Alibaba executive chairman Jack Ma (who now withdraws his earlier claim of ubiquitous U.S. job creation in a low-key fashion).
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.
2018-05-25 07:30:00 Friday ET
President Trump introduces $50 billion tariffs on Chinese products and new limits on Chinese high-tech investments in America. This new round of tariffs
2018-03-02 12:34:00 Friday ET
White House top economic advisor Gary Cohn resigns due to his opposition to President Trump's recent protectionist decision on steel and aluminum tariff
2024-10-14 11:33:00 Monday ET
Stock Synopsis: Video games continue to take both screen time and monetization from many other forms of entertainment. We are broadly positive about the
2019-04-29 08:35:00 Monday ET
IMF chief economist Gita Gopinath predicts no global recession with key downside risks at this delicate moment. First, trade tensions remain one of the key
2018-05-11 09:37:00 Friday ET
OPEC countries have cut the global glut of oil production in recent years while the resultant oil price has surged from $30 to $78 per barrel from 2015 to 2
2019-01-27 12:39:00 Sunday ET
British Prime Minister Theresa May faces her landslide defeat in the parliamentary vote 432-to-202 against her Brexit deal. British Parliament rejects the M