The US’ latest anti-Iranian sanctions won’t change much when it comes to the Islamic Republic’s present economic predicament but will almost certainly provoke a worsening of the so-called “trade war” with China since the real intent seems to be to target the countless companies that are poised to participate in those two countries’ reported $400…
Everything is so uncertain around the world that the international community craves some semblance of structural stability around which they can rebuild their economies. China and the US’ reaffirmation of their trade deal fulfills this much-needed role, which in turn enables decision makers and entrepreneurs alike to continue implementing their economic recovery plans. Had the…
The COVID-19 pandemic did not stop U.S. protectionism and its trade disputes with the rest of the world, especially with China and the European Union. In actual fact, it deepened the conflict. This behaviour anticipates very complicated post-pandemic international trade, which can exacerbate the protectionist tendencies of developed economies and, therefore, affect the global recovery. The World Trade…
U.S. President Donald Trump has issued an executive order that could ban TikTok from the U.S. if it is not purchased by an American company. On August 6, Trump’s executive order banned U.S. financial transactions with Chinese company ByteDance, owner of the TikTok app. The ban will take effect 45 days after the executive order was made….
China accepts that India already made its geopolitical choice to become the US’ proxy in “containing” the People’s Republic, but it would prefer for their seemingly inevitable “decoupling” to be as manageable as possible, hence why it’s helping its rival “save face” by mutually disengaging for now. *** China and India decided to pull back…
The level of India’s economic boycott against Chinese imports will depend on how the two countries resolve their border conflicts and if Indian industry is capable of offsetting the shortage of Chinese goods entering the country. Although the call to stop trading with China is strong in India, it appears that Prime Minister Narendra Modi…
