2019-11-05 07:41:00 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
The Trump administration expects to reach an interim partial trade deal with China. This interim partial trade deal represents the first phase of a comprehensive trade deal between China and America. The Trump administration suspends additional tariff hikes on Chinese imports. Moreover, the Trump administration introduces a currency pact to prevent China from instituting deliberate interest rate adjustments with unfair competitive currency devaluation.
U.S. trade envoy Robert Lighthizer and Treasury Secretary Steven Mnuchin praise good progress on intellectual property protection and financial market liberalization in China. To help reduce the current trade imbalance, China plans to purchase $40 billion to $50 billion U.S. agricultural products such as soybeans and pork bellies. This interim partial trade deal suggests that it may be too early for both sides to agree on the more difficult enforcement of protective checks and balances for U.S. patents, trademarks, and copyrights.
President Trump expects to meet Chinese President Xi again at the APEC summit in November 2019. It is likely for Presidents Trump and Xi to sign the interim partial trade deal at the summit. Global stock markets surge 3%-5% from S&P 500, Dow Jones, and Nasdaq to Shanghai and Shenzhen in response to this trade deal.
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.
2017-07-01 08:40:00 Saturday ET
The Economist interviews President Donald Trump and spots the keyword *reciprocity* in many aspects of Trumponomics from trade and taxation to infrastructur
2025-08-02 13:31:00 Saturday ET
Chip Espinoza, Mick Ukleja, and Craig Rusch shine fresh light on the core competences for managing millennials as part of the new modern workforce in recent
2017-12-19 09:39:00 Tuesday ET
From Oprah Winfrey to Bill Gates, this infographic visualization summarizes the key habits and investment styles of highly successful entrepreneurs:
2019-02-17 14:40:00 Sunday ET
U.S. economic inequality increases to pre-Great-Depression levels. U.C. Berkeley economics professor Gabriel Zucman empirically finds that the top 0.1% rich
2017-05-19 09:39:00 Friday ET
FAMGA stands for Facebook, Apple, Microsoft, Google, and Amazon. These tech giants account for more than 15% of market capitalization of the American stock
2027-10-31 00:00:00 Sunday ET
In the technological race between the U.S. and China, America leads in some strategic sectors from AI large language models (LLM), graphics processing units