With China’s trade surplus with the United States at $375 billion, it clearly has much to lose. The Trump Administration has demanded that China cut this surplus by at least $100 billion. As per a source familiar with the discussions… Read More ›
Geopolitics
Once “Horrible” U.S.- South Korea Trade Deal Rejigged And Agreed To By Both
The differences in trade between the United States and South Korea have been settled through a agreement on trade. A new version of the trade agreement that had existed between the countries over the last six years was developed and… Read More ›
Stocks markets across the world bounce back on easing trade war fears
News of U.S. Treasury Secretary Mnuchin planning a visit to China had eased fears of a trade war between the two giant economies. With the United States and China set to negotiate on trade, fears of trade wars between two… Read More ›
South Korea offers $37 million in financial aid to GM Korea
The financial support of up to $37 million to small and medium sized companies who are affected by on of GM’s Korea’s plant, could be extended to more depending on the overall impact the closure will have on these companies… Read More ›
Impending Fears Of Trade War Between U.S And China Hits Global Stocks Hard
The specter of a rising trade war and heightened tensions between the U.S. and China instilled fear among investors resulting in a drop in the global stock markets on Friday. While London’s FTSE 100 shed fell by 0.7% Germany’s DAX… Read More ›
Part Time Relief From Trump Tariff On Metals To Be Granted To EU And Six Others Countries
In an announcement that was being expected by the European Union following meetings between executives of booth countries earlier this week, the block, along with six other countries would get temporary exemption from the Trump tariffs already announced by the… Read More ›
Boeing decides to not appeal against U.S. International Trade Commission’s ruling in Bombardier’s CSeries jet case
The Canadian government is currently holding a tender, for fighter jets, worth between C$15 billion and $C19 billion. As per a statement made by a Boeing’s spokesman, the airplane maker will not go on appeal against the U.S. trade… Read More ›
Trump Administration excludes strategic allies from higher import tariffs on aluminum and steel
The exemption, albeit temporary, will be further reviewed on May 1 2018. In a strategically significant development with widespread repercussions, U.S. President Donald Trump has excluded, albeit temporarily, 6 countries, including the European Union, Canada and Mexico, from stiff U.S…. Read More ›
U.S. reins in Chinese influence in Australia
The training of U.S Marines in Australia is likely to dampen Australia-China relations while bolstering the United States’ long standing Asia pivot strategy. In a move designed to reign in Chinese aggression in Australia, on Friday, the Australian defense minister… Read More ›
Business In U.S., Canada, Mexico Optimistic About NAFTA Despite Protectionist Environment: HSBC Report
The leader in the business world in the United States, Canada and Mexico apparently still have a positive outlook for the future despite the rising tensions between the countries with respect to the NAFTA agreement – negotiations to reset the… Read More ›
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