The Diet has begun deliberations on the Japan-U.S. trade agreement. Because approval by the U.S. Congress is unnecessary, if the Diet approves the agreement, it will take effect at the beginning of next year. It is currently one of the Diet’s focuses.
A major point of contention is whether the trade agreement [Read more]
Does the European Union have an economic and diplomatic strategy in response to U.S. protectionism? It would appear not.
<i>However, they postponed discussions of the most contentious issues.</i>
On Oct. 10, China and the U.S. resumed trade negotiations. President Donald Trump announced that the talks had gone well; he also asserted that the U.S. was going to suspend tariffs on $250 billion worth of Chinese goods that had been [Read more]
Though on the surface [Trump] prioritizes America first, in reality, he prioritizes his own interests first
The fear is that U.S. sanctions will result in European retaliation, followed by new U.S. sanctions and more European retaliation.
The newly announced U.S. tariffs against Europe are not likely to help ease tensions on the world market.
In today’s world of integrated economies, the trade war has destroyed trust between two of the world’s superpowers.
For Trump, the value of the WTO is instrumental; he only believes in it when it rules in his favor.
The United States recently published three lists of goods from China involving a total of 437 items on which it will lift tariffs. This is the largest case of the United States removing tariffs to date and is widely regarded as a positive gesture from Washington.
Second-tier China-U.S. economic and trade [Read more]
Mexico ... showed that it is weak and vulnerable in the face of Trump's boasting.