2019-06-15 10:28:00 Sat 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
The Sino-American trade war may slash global GDP by $600 billion. If the Trump administration imposes tariffs on all the Chinese imports and China retaliates with countermeasures, the global stock market may decline by 10%. In this worst-case scenario, Bloomberg expects global GDP to fall 0.6% or $600 billion by mid-2021. The same simulation suggests that both U.S. and Chinese economic output may decline by 0.7% to 1%. Several countries such as Canada and Europe rely heavily on Sino-American trade and so may suffer as a result. In terms of better balancing the bilateral trade deficit, this deficit has indeed declined from $91 billion to $80 billion from 2018Q1 to 2019Q1 (as the Trump tariffs come into effect). Further, the current U.S. CPI inflation hovers in the range of 1.6% to 1.9% (still below the 2% target level). This fact thus defies the Chinese allegation that the Trump tariffs may substantially raise the Chinese import prices with substantial inflationary pressure.
U.S. retail sales growth continues to slow down even though American consumer confidence rebounds in early-2019 due to higher wages and inelastic labor market conditions. The recent 8% renminbi devaluation coincides with the 25% Chinese stock market plunge and less foreign direct investment.
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.
2025-09-21 12:32:00 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
2018-12-19 17:41:00 Wednesday ET

Tencent Music Entertainment debuts its IPO on NYSE to strike a chord with stock market investors. Tencent Music goes public and marks the biggest IPO by a m
2019-04-05 08:25:00 Friday ET

Warren Buffett places his $58 billion stock bets on Apple, American Express, and Goldman Sachs. Berkshire Hathaway owns $18 billion equity stakes in America
2025-10-06 10:27:00 Monday 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
2018-01-25 08:32:00 Thursday ET

After its flagship iPhone X launch, Apple reports its highest quarterly sales revenue over $80 billion in the tech titan's 41-year history. Apple expect
2019-06-05 10:34:00 Wednesday ET

Fed Chair Jay Powell suggests that the recent surge in U.S. business debt poses moderate risks to the economy. Many corporate treasuries now carry about 40%