It would be an understatement to suggest that Trump’s decision to slap higher tariffs on practically everybody – has outraged almost everyone: most of the business community, foreign governments, media and experts from all fields. President Donald Trump, it is said, is unleashing a global trade war, which is already beginning with promised retaliatory measures…
There is a lot of concern over the possibility of a trade war between China and the USA. In early April, U.S. President Donald Trump announced that his administration was considering levying $100-billion of additional tariffs on Chinese exports, after the Chinese government responded to a previously proposed U.S. tariff hike on Chinese goods of…
There is a lot of concern over the possibility of a trade war between China and the U.S. In early April, President Trump announced that his administration was considering levying $100 billion of additional tariffs on Chinese exports, after the Chinese government responded to a previously proposed U.S. tariff hike on Chinese goods of $50 billion…
The monetary distortions, imbalances and perverse incentives are finally bearing fruit: trade wars. What ignites trade wars? The oft-cited sources include unfair trade practices and big trade deficits. But since these have been in place for decades, they don’t explain why trade wars are igniting now. To truly understand why trade wars are igniting and…
US Trade Representative (USTR) Robert Lighthizer accused China of US Trade Act of 1974 violations, stating: “1. China uses foreign ownership restrictions, such as joint venture requirements and foreign equity limitations, and various administrative review and licensing processes, to require or pressure technology transfer from US companies.” “2. China’s regime of technology regulations forces US…
On many issues — naming Scalia-like judges and backing Reagan-like tax cuts — President Trump is a conventional Republican. Where he was exceptional in 2016, where he stood out starkly from his GOP rivals, where he won decisive states like Pennsylvania, was on his uniquely Trumpian agenda to put America and Americans first — from…
