The imposition of new tariffs on Chinese goods by the United States serves as an important reminder of the ongoing US-China trade war. There are increasing concerns about the fate of this war that will have a defining impact on the United States’ enormous trade deficit and the stunted growth of the Chinese economy, [Read more]
There is no winner in a trade war.
[T]he American drive to contain China in the battle for world leadership is real.
Prime Minister Shinzo Abe and President Donald Trump met at the Biarritz summit of the Group of Seven industrial nations in France, where they agreed on the fundamentals of Japanese-American trade talks. Conclusive deliberations on agricultural and industrial tariffs will be expedited, and an agreement is planned at a [Read more]
What’s with this country where people revel in having just one arm broken now and a second later on?
The US imposed fresh tariffs of 15 percent on $125 billion of Chinese imports starting midnight Sunday. China applied new tariffs ranging from 5 to 10 percent on the first batch of $75 billion US goods on the same day as a countermeasure. As the US is bent on provocation, the US-launched trade war against China has [Read more]
[U]nder the banner of protecting intellectual property and national security, America ... is trying to isolate China from technology and markets.
[N]o American president wants to play Russian roulette with the U.S. economy when heading into a reelection campaign.