The resumption of the Chinese-American trade talks raises hope that a deal can finally be reached between the two economic superpowers, though only if the US is sincere in compromising on its maximalist demands and starts channeling the spirit associated with what the Chinese regard as the current Year of the Pig. *** Chinese culture…
Less than a month after his failed attempt to buy Greenland, Trump is now shifting attention to another Nordic nation—Iceland—but rather than offering to acquire the country, the U.S. administration is considering a sweet deal in free trade. So while the name of the game is tearing apart free trade, a free trade deal with Iceland…
As of May 10, Mr. Trump has arbitrarily increased tariffs on Chinese goods imported into the US, worth about 200 billion dollars, from 10 % to 25%. It is an action without any foundation. An action that makes no sense at all, as China can and will retaliate – and retaliate much stronger than what…
Heightened trade tensions between the U.S. and China over the last few days, that seemed to catch many media outlets and pundits off-guard, were actually always lurking just beneath the surface. U.S. negotiators had indeed made headway with China in talks over the last several weeks, provoking even optimism from President Trump just days before…
The long-running trade talks between the U.S. and China seem to have unfortunately fizzled out, but while American commentators are busy blaming Beijing for their apparent failure, the fact of the matter is that President Donald Trump‘s team had the wrong approach to them from the get-go and should, therefore, take responsibility for ruining them….
Sparks did fly in Brussels, but in the end the European Union and China managed to come up with an important joint statement at their summit this week, signed by Chinese Premier Li Keqiang, European Commission President Jean-Claude Juncker and head of the European Council, Donald Tusk. In theory, there’s agreement on three quite sensitive…
