2018-06-03 07:35:00 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
Several recent events explain why Trump may undermine multilateral world order. First, Trump withdraws the U.S. from the 12-nation Trans-Pacific Partnership (TPP) trade agreement. Second, the Trump team withdraws America from the multilateral Paris climate agreement and so disappoints the political leaders of most Western allies such as Britain, France, and Germany.
Third, Trump imposes heavy tariffs on aluminum and steel from Canada, Europe, and Mexico. Fourth, the Trump administration abandons the Iran nuclear deal and then imposes sanctions on the nuclear nation. Fifth, Trump begins bilateral peace talks with North Korea. Sixth, Trump imposes $50 billion tariffs on Chinese imports. Seventh, Trump is eager to re-admit Russia to the G8 trade bloc.
As China and Russia benefit much from their population dividends, these countries emerge as new superpowers to rival America. In response to this inexorable global trend, the Trump team gradually gravitates toward a new political paradigm where global cooperation may no longer be an option.
America is free to undertake unilateral actions to change the status quo and then pushes the boundaries for many Western allies and new democracies in Asia.
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.
2024-03-26 09:30:00 Tuesday ET
Stock Synopsis: ESG value and momentum stock market portfolio strategies Since 2013, we have been delving into the broad topics of ESG (Environmental, So
2024-03-19 03:35:58 Tuesday ET
U.S. presidential election: a re-match between Biden and Trump in November 2024 We delve into the 5 major economic themes of the U.S. presidential electi
2025-05-21 04:27:10 Wednesday ET
Carol Dweck describes, discusses, and delves into the scientific reasons why the growth mindset often helps motivate individuals, teams, and managers to acc
2019-07-15 16:37:00 Monday ET
President of US-China Business Council Craig Allen states that a trade deal should be within reach if Trump and Xi show courage at G20. A landmark trade agr
2025-09-28 10:10:51 Sunday ET
Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fund
2019-03-21 12:33:00 Thursday ET
Senator Elizabeth Warren proposes breaking up key tech titans such as Facebook, Apple, Microsoft, Google, and Amazon (FAMGA). These tech titans have become