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.
2023-05-21 12:26:00 Sunday ET

Amy Chua and Jed Rubenfeld suggest that relatively successful ethnic groups exhibit common cultural traits in America. Amy Chua and Jed Rubenfeld (2015)
2023-02-14 09:31:00 Tuesday ET

Eric Posner and Glen Weyl propose radical reforms to resolve key market design problems for better democracy and globalization. Eric Posner and Glen Weyl
2019-05-17 15:24:00 Friday ET

A Harvard MBA graduate Camilo Maldonado shares several life lessons and wise insights into personal finance. People can leverage stock market investments an
2018-11-13 12:30:00 Tuesday ET

President Trump promises a great trade deal with China as Americans mull over mid-term elections. President Trump wants to reach a trade accord with Chinese
2018-05-23 09:41:00 Wednesday ET

Many U.S. large public corporations spend their tax cuts on new dividend payout and share buyback but not on new job creation and R&D innovation. These
2017-08-25 13:36:00 Friday ET

The U.S. Treasury's June 2017 grand proposal for financial deregulation aims to remove several aspects of the Dodd-Frank Act 2010 such as annual macro s