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.
2018-09-27 11:41:00 Thursday ET
Michael Kors pays $2.3 billion to acquire the Italian elite fashion brand Versace. In accordance with Michael Kors's 5-year plan, the joint company grow
2019-06-11 12:33:00 Tuesday ET
Dallas Federal Reserve Bank President Robert Kaplan expects the U.S. economy to grow at 2.2%-2.5% in 2019-2020 as inflation rises a bit. In an interview wit
2020-09-24 10:26:00 Thursday ET
Edge strategies help business leaders improve core products and services in a more cost-effective and less risky way. Alan Lewis and Dan McKone (2016)
2018-05-02 06:32:00 Wednesday ET
What are the primary pros and cons of free trade or fair trade in the current Sino-American quagmire? Free trade means allowing goods and services to move a
2019-12-28 09:36:00 Saturday ET
Global debt surges to $250 trillion in the fiscal year 2019. The International Institute of Finance analytic report shows that both China and the U.S. accou
2018-10-13 10:44:00 Saturday ET
Dow Jones tumbles 3% or 831 points while NASDAQ tanks 4%, and this negative investor sentiment rips through most European and Asian stock markets in early-O