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.
2022-02-22 09:30:00 Tuesday ET
The global asset management industry is central to modern capitalism. Mutual funds, pension funds, sovereign wealth funds, endowment trusts, and asset ma
2025-01-31 09:26:00 Friday ET
The current homeland industrial policy stance worldwide seeks to embed the new notion of global resilience into economic statecraft. In the broader cont
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
2019-08-04 08:26:00 Sunday ET
U.S. and Chinese trade negotiators hold constructive phone talks after Presidents Trump and Xi exchange reconciliatory gestures at the G20 summit in Japan.
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
2018-03-17 09:35:00 Saturday ET
Facebook faces a major data breach by Cambridge Analytica that has harvested private information from more than 50 million Facebook users. In a Facebook pos