The new trade agreement between the US, Mexico, and Canada (USMCA) excluded possible free-trade agreements between the three with China. Trump has its hands free to focus his trade war on China, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, at the South China Morning Post.
Category Archives: USA
The trade war between the US and China has up to now mainly hit headlines, nervous traders and heated political debates, but there is no doubt consumers will feel the burnt too, says financial analyst Sara Hsu to Reuters. Moving away from China is mostly not an option, she says. “It can take up to five years to move from China to another country.”
China is running out of steam in putting tariffs in US imports, but certainly not running out of options to fight the ongoing trade war, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know, to the South China Morning Post.
The focus has been on the Chinese government after US president Donald Trump announced new tariffs. But that might be wrong, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know to CNN. What Trump wants is not getting China into negotiations, but forcing US companies to come back to the US.
Not only commodities like soybeans and caviar can be hit by tariffs in the ongoing trade war, China has many more potential targets, like the US casino’s in Macau, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, at Onlinepoker.net.
Media are looking for winners and losers in the trade war between China and the US, and while damage can be inflicted in the short run, China is going to outlast an economic war with the US, says renowned economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know to Money Week.
The political debate in the US has become rough, and some fear a return of McCarthyism from the 1950s when everybody linked to Russia feared prosecution. Now China too has come into the equation, and political methods move into the same direction, says China analyst Kaiser Kuo to the US World&News Report.
US president Trump closed a trade deal with Mexico, a minor victory, but putting more pressure on the trade negotiations with China, says business analyst Wang Haiyan at CGTN. For the time being, Trump can afford to play tough on China, she says.
When Alibaba emerged, it first had to face formidable competition from the US. Business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order explains in the South China Morning Post how the nimble operation from Hangzhou was able to beat EachNet and eBay.
Following the investigation into Russia meddling into US elections, California Congressman Jeff Denham has also accused China of the same. While there have been some minor spying incidents, political analyst Victor Shih, author of Factions and Finance in China: Elite Conflict and Inflation, does not see a similar effort for interference from China, he tells Politifact.