July was Mark by a Number of Important Events in World Politics

July was Mark by a Number of Important Events in World Politics

We have already commented on the large number of significant events in the first half of July – events which clearly demonstrated the special nature of the radical changes that the post-Cold War world order has undergone in the last few months. The end of July has brought several equally important events, including the BRICS and…

Will Trump’s Trade War Precipitate a Currency War?

Will Trump’s Trade War Precipitate a Currency War?

Last week, mid-July, Trump threatened $500 billion in tariffs on China imports, escalating his prior threat to impose $200 billion on China. He then threatened hundreds of billion in tariffs on world auto parts imports, targeting Europe. But Trump’s threats and announcements do not constitute a trade war. Threats and even announcements of tariffs are…

China Sees Trump’s Trade War as an Opportunity to Boost Ties with Africa

China Sees Trump’s Trade War as an Opportunity to Boost Ties with Africa

Donald Trump’s trade war with China is becoming more problematic as China seeks growing relations with the African continent. “The United States has initiated trade actions affecting a broad group of countries and faces retaliation or retaliatory threats from China, the European Union, its NAFTA partners and Japan, among others. Our modelling suggests that if…