Realigning of supply chain outside of China is important for companies looking to escape the U.S.-China trade war. In a significant development Foxconn, the world’s largest contract electronics assembler, disclosed it has enough producing capacity outside of China to meet… Read More ›
Instex – the European trade vehicle is a barter system that circumvents U.S. sanctions. On Monday, in a significant development, Germany’s Foreign Minister Heiko Maas stated, all the formal requirements for a European payment system for barter-based trade with Iran… Read More ›
Things are likely to escalate before they cool down. In a note, economists at Goldman Sachs stated, they see a 60% chance that the United States would slap further tariffs on the final $300 billion of Chinese imports. This is… Read More ›
Both, Canada and Mexico are pushing to get the USMCA trade agreement ratified before the U.S. enters into poll mode ahead of the 2020 Presidential elections. At a news briefing, Mexican President Andres Manuel Lopez Obrador stated, the government will… Read More ›
A trade war is far better than a weak non-enforceable agreement given China’s history of reneging on its commitments. In order to be more effective, Trump will have to make manufacturing in China more expensive. That should perk up the… Read More ›
The French government aims to raise sufficient money for a new innovation fund for investing in next generation technologies. On Thursday, in a significant development, French lawmakers have adopted a bill that aims to kickstart a wave of privatizations, including… Read More ›
Nathalie Loiseau quit her job as European affairs minister and is running for the European Parliament. On Thursday, Nathalie Loiseau, the leader of French President Emmanuel Macron’s European election campaign, stated she opposes trade deals with countries who are not… Read More ›
Apart from the asymmetry between the access that Chinese firms enjoy in foreign markets and the access China provides foreign companies in its markets, the real threat to national security is that China’s 2017 cybersecurity law obliges and forces citizens… Read More ›
According to analysts, there are multiple factors, including an internal clampdown on riskier lending practices, slowdown in global economy and U.S. trade action, because of which the Chinese economy is cooling down. \ In February 2019, in what is possibly… Read More ›
Trump has made it clear that unless he is satisfied with the terms of the trade deal, he will walk away from it. As per a report from the Wall Street Journal, high level negotiations between U.S. President Donald Trump… Read More ›
