Justin Yifu Lin, former Chief Economist of the World Bank and a China's State Council Counsellor, explaining why in the trade war "the losses for the United States will be greater than those of Chi...
US administration reported to be aimless in Japan trade negotiations
Tokyo first in line for negotiations that will be closely watched as test case of Washington’s trade war strategy
https://v.redd.it/84hevtang4we1
There is no news/public demands from white house. Everything appears to just setup Trump to declare victory no matter what is achieved. Similar to 10 contradicting objectives of tariffs themselves.
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Since mid-January, the dollar has fallen 9% against a basket of currencies, a rare and steep decline.
The 'BRICS Plus' countries are laying the groundwork for a more balanced global financial system
Surajit Mazumdar, Professor at the Centre for Economic Studies and Planning (CESP) at India's Jawaharlal Nehru University, spoke about the economic relations between India and the US in light of th...
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Productive EU solution to Chinese EVs: minimum prices instead of tariffs.
The European Union and China have agreed to look into setting minimum prices of Chinese-made electric vehicles instead of tariffs imposed by the EU last year, a European Commission spokesperson said on Thursday. EU trade commissioner Maros Sefcovic spoke with Chinese Commerce Minister Wang Wentao i...
Minimum prices protect EU's major auto nations from too much Chinese EV plants in new EU countries. There are still likely to be some, especially if they can sell below minimum price at least in home country.
Higher Chinese profits can be deployed into charging infrastructure, services, and more model imports. More EVs.
While tariffs in EU weren't meant to be prohibitive (no EU models are at full tariff rate), the new policy would be friendlier, likely for purposes of having China make friendly EU business policies.
