2019-08-04 08:26:00 Sun 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
U.S. and Chinese trade negotiators hold constructive phone talks after Presidents Trump and Xi exchange reconciliatory gestures at the G20 summit in Japan. Both presidents agree to an interim trade truce with 25% tariffs on $200+ billion Chinese imports (but no further tariffs on the other $325 billion Chinese goods). U.S. trade envoy Robert Lighthizer and Treasury Secretary Steven Mnuchin reconnect with Chinese Vice Premier Liu He and Commerce Minister Zhong Shan in their current effort to resolve relentless Sino-American trade disputes.
Both sides agree to resume constructive discussions to ease fears of further trade war escalation after an awkward hiatus in mid-2019. Bilateral trade talks continue even though the Trump team accuses Chinese trade technocrats of reneging on their prior commitments to a major landmark deal. U.S. trade reps emphasize the essential need for China to institute legal changes in the current unique system of state capitalism, whereas, Chinese trade reps refrain from engaging in prohibitively costly U.S. agribusiness export procurement and intellectual property protection and enforcement under Section 301 of the U.S. Trade Act 1974. At any rate, both trade teams attempt to reframe the current bilateral trade conflict before it becomes an unnecessary tech cold 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.
2018-07-01 08:34:00 Sunday ET

Are China and Russia etc gonna dethrone the petrodollar? Over the years, China, Russia, France, Germany, and Japan have made numerous attempts to use their
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
2018-06-02 09:35:00 Saturday ET

The finance ministers of Britain, Canada, France, Germany, Italy, and Japan team up against U.S. President Donald Trump and Treasury Secretary Steven Mnuchi
2019-11-09 16:38:00 Saturday ET

Federal Reserve Chairman Jerome Powell indicates that the central bank would resume Treasury purchases to avoid turmoil in money markets. Powell indicates t
2017-12-09 08:37:00 Saturday ET

Michael Bloomberg, former NYC mayor and media entrepreneur, criticizes that the Trump administration's tax reform is a trillion dollar blunder because i
2020-02-12 09:31:00 Wednesday ET

Mark Zuckerberg develops Facebook as a social network platform to help empower global connections among family and friends. David Kirkpatrick (2011) T