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Commerce

Commerce

Stocks Whipsaw as Traders Face Conflicting Trade War Signals

By Alexandra Stevenson*, Amie Tsang and Matt Phillips –  The New York Times Stocks in the United States swerved up and down on Thursday after China sent conflicting signals about how it would respond to President Trump’s threats of new tariffs and investors took some solace in…

Armed conflicts

Resistance to US intervention in Sri Lanka

Asoka Bandarage* – Asia Times The Indian Ocean is one of the most contested regions in the world today. China, the US and India, and also Japan, Saudi Arabia and other rich and powerful states, are struggling for influence over Sri Lanka, which is in the geographic heart of the…

Commerce

China Tries to Teach Trump Economics

By Paul Krugman* – The New York Times But he doesn’t seem to be learning. If you want to understand the developing trade war with China, the first thing you need to realize is that nothing Donald Trump is doing makes sense. His views on trade are incoherent.

Commerce

President Trump’s Fruitless Trade War

By The Editorial Board (*) – The New York Times The Trump administration continues to escalate its confrontation with China, but there is no clear goal — and no end in sight. President Trump told the American people that confronting China would be quick and painless and would…

Commerce

Bretton Woods Institutions: Enforcers, Not Saviours?

By Anis Chowdhury and Jomo Kwame Sundaram           SYDNEY and KUALA LUMPUR, Aug 7 2019 (IPS) – According to their own internal evaluations, both the World Bank (WB) and the International Monetary Fund (IMF) have huge credibility deficits due to the policy conditionalities and…

Commerce

China accuses US of 'deliberately destroying' world order

Dominic Rushe* – The Guardian Trade war rhetoric ratchets up as Beijing responds to US claim of being ‘a currency manipulator’ China stepped up the trade war rhetoric on Tuesday, accusing the US of “deliberately destroying international order” with “unilateralism and…

Commerce

Where's the U.S. trade war at in August 2019?

Oscar Ugarteche / Armando Negrete (*) – ALAI U.S.-China trade negotiations will resume the first week of August in Shanghai. So far, neither side has yielded to the conditions of the other.

Commerce

Britain's trade talks with the United States are in trouble

By Anna Isaac – The Telegraph Britain has failed to make meaningful progress towards a free trade deal with the United States amid “chronic” staffing shortages and communication breakdowns in Whitehall, according to a cache of documents seen by The Telegraph. Details of meetings…

Commerce

Trump Is Losing His Trade Wars

By Paul Krugman – The New York Times The pain is real, but the coercion isn’t. Donald Trump’s declaration that “trade wars are good, and easy to win” will surely go down in the history books as a classic utterance — but not in a good way.