Donald Trump's plan to levy tariffs on China is unjustified and will not be effective. There will be no winner in this trade war. Only losers.
The EU and Japan came together on Tuesday to sign a major free trade deal. It showed Japan's determination to unite with the Europeans in an act of resistance against the pressures bought about by trade sanctions introduced by the US. The US, by striking out like a bully in its trade relationships, will only find itself further isolated from the rest of the Western world.
The trade war between China and the US entered a new phase on July 6 when the US imposed new tariffs on 34 billion US dollars of China's goods. Last January, he began his trade war slowly against China by introducing tariffs on solar panels and washing machines.
The United States is now picking some "obviously" correct strategies. However, if you know enough about history, you shall be able to discover the problems.
If the United States doesn't give up its consistent stance of hegemony and unilateralism, summits between Trump and Putin, no matter how many times they are held, cannot thaw the frozen relationship between the U.S. and Russia.
The solar market is in flux, due in part to global trade tensions. A Los Angeles Times article on July 7 stated that Trump's tariff can disrupt the solar power industry, noting that "once you launch a trade war, it's very hard to control the consequences.”
Trade wars provoked by the United States have been the most eye-catching headlines in the world's media in recent months.
China has to turn the trade war into an unprecedented opportunity to make hard choices to further reform and open up in order to embrace long-term prosperity and growth, even though it might mean pain and frustration now.
The basic foundation of US-UK relationship is still solid, including their bond of history, culture, institutions, shared interest and close cooperation on security, intelligence and nuclear. But the relationship is facing fresh challenges.
Diplomacy is often slow and rarely makes headlines. It is cordial: friendly but wary, skilled yet unspectacular. But its achievements, the Iran nuclear deal, the Paris climate accord, and the global trading system for example, are shining displays on the shelves that deserve respect and careful maintenance.
Technological hegemony is bound to have serious consequences. It leads to worldwide trade disputes that impose significant costs on global technological progress and international economic development.
President Donald Trump and other NATO leaders are obviously at odds over how much an increase they've committed on military spending following an emergency meeting of the leaders of NATO member states.
China-U.S. trade frictions intensified as the United States put in its crosshairs the practice of exchanging access to a domestic market with the opportunity to use the technology of a more developed nation.
Trump administration newly announced a tariff list on China’s imports. What specific impact does it have on China’s trade? It is urgent to answer, though very hard in any specific way.
The Sino-US trade war has started and things are escalating fast. Many commentators believe that the war is developing in accordance with the script of "Death by China" by one of US President Donald Trump's top advisors Peter Navarro.
The U.S. has repeatedly used "301 investigations" as a cover for its trade attacks on China. China's Ministry of Commerce said the U.S. distorted facts, and responded to the accusations with hard facts so the international community can judge the situation for itself.
China is fully aware and firmly convinced that managing its own affairs well is the most powerful weapon it has as it faces the epic trade war sparked by the United States.
It has been repeatedly said that economists do not agree on most things, but free trade is a subject on which they do agree.
More and more American companies and people have seen the adverse effect brought about by the White House's "trade terrorism" policies, and have begun to seek long-term cooperation with China.
On June 1, the United States introduced unilateral tariffs on steel and aluminum products from the European Union, and it has been provoking economic and trade frictions with China. This recent bout of trade protectionism has aroused opposition in many countries. As Derek Thompson, a senior editor at The Atlantic, said in an interview: "There have been nine own goals in the World Cup so far this summer. That's the highest number in tournament history. This (U.S. trade war) is the tenth own goal of this summer".