2019-05-09 10:28:00 Thu 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
President Trump ramps up 25% tariffs on $200 billion Chinese imports soon after China backtracks on the Sino-American trade agreement. U.S. trade envoy Robert Lighthizer and Treasury Secretary Steven Mnuchin express frustration that China attempts to renege on prior commitments to the key bilateral resolution of perennial issues from bilateral trade deficit balance and currency manipulation to intellectual property theft and arbitrary technology transfer. Trump warns that he may impose 25% tariffs on another $325 billion Chinese imports if both sides cannot agree on a major trade deal in the next few weeks.
As the Sino-U.S. top trade negotiators continue to engage in bilateral discussions, stock market investors face dark clouds of uncertainty around whether both sides can salvage a fair trade deal. Most major stock market indices from S&P 500, Dow Jones, and Nasdaq to Shanghai, Shenzhen, and Hong Kong experience 3.5% to 6.5% hefty losses and plunges in response to the current trade standoff between China and America. As President Trump accuses China of breaking the trade deal across 7 chapters of the 150-page draft agreement, Chinese Vice Premier Liu He expresses his sincere hope that both sides can resolve contractual differences in the yearlong trade war.
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.
2019-01-17 10:41:00 Thursday ET
Sino-American trade talks make positive progress over 3 consecutive days as S&P 500 and global stock market indices post 3-day win streaks. Asian and Eu
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
2017-12-23 10:40:00 Saturday ET
Despite having way more responsibility than anyone else, top business titans such as Warren Buffett, Charlie Munger, and Oprah Winfrey often step away from
2018-01-09 08:33:00 Tuesday ET
BlackRock CEO Larry Fink emphasizes his key conviction that public corporations should make a positive contribution to society apart from boosting the botto
2027-01-31 12:25:00 Sunday ET
In recent decades, many governments have chosen to run high fiscal deficits on top of sovereign debt mountains so that greater government intervention still
2020-05-14 12:35:00 Thursday ET
Disruptive innovators can better compete against luck by figuring out why customers hire products and services to accomplish jobs. Clayton Christensen, T