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Commerce

Commerce

As Trump Moves to End Trade War With China, Business Asks: Was It Worth It?

By Ana Swanson and Jim Tankersley (*) – The New York Times WASHINGTON — The pain of President Trump’s trade war with China may soon be over, but American businesses and farmers are left wondering whether it was worth the trouble. Negotiations with the Chinese are continuing, and…

Commerce

The Appellate Body Crisis: What Needs To Happen Now?

Posted by Simon Lester – International Economic Law and Policy Blog This is from the U.S. statement at the February 25 DSB meeting: We also note that at least one Member has said that the United States should table its own proposal. The United States has made its views on these…

Commerce

Trump, Trade and the Advantage of Autocrats

By Paul Krugman*, Opinion Columnist- The New York Times China can pay him off; places with rule of law can’t There’s been some good news on global trade lately: A full-scale U.S.-China trade war appears to be on hold, and may be avoided altogether. The bad news is that if we do…

Commerce

Who Wins In The Fight Between America, Europe and Russia? China

Ariel Cohen* – Newsweek Watching Vladimir Putin threaten to wipe out your hometown of Washington, D.C. in a national address is an unnerving experience; especially when viewing it in Moscow. Lately, Putin has not been shy about flaunting his shiny new missiles—and using them, if…

Commerce

U.S. Wrangles China for Firm Commitments as Trade Talks Continue

By Ana Swanson and Alan Rappeport (*)  –The New York Times WASHINGTON — As President Trump dangles the possibility of extending a March deadline to reach a trade deal with China, his advisers are trying to secure firm commitments from Beijing to purchase more American products…

Commerce

China and U.S. to Continue Trade Talks Next Week

By Keith Bradsher* – The New York Times BEIJING — Talks between the United States and China to end their trade war will continue in Washington next week, officials from both countries said on Friday, hours after high-level negotiations between American and Chinese diplomats…

Armed conflicts

Economic Crisis Can Trigger World War

By Jomo Kwame Sundaram and Vladimir Popov  (*) KUALA LUMPUR and BERLIN, Feb 12 2019 (IPS) – Economic recovery efforts since the 2008-2009 global financial crisis have mainly depended on unconventional monetary policies. As fears rise of yet another international financial…

Commerce

Paul Krugman Warns US Wildly Unprepared For Imminent Recession

By Tyler Durden* – ZeroHedge Nobel laureate Paul Krugman is possibly the world’s most famous Keynesian economist thanks to his position on the New York Times editorial board. And he just joined the growing chorus of voices calling for a US recession in the next two years.

Commerce

Beware Proposed E-commerce Rules

By Chakravarthi Raghavan and Jomo Kwame Sundaram (*) GENEVA and KUALA LUMPUR, Feb  2019 (IPS) – In Davos in late January, several powerful governments and their allies announced their intention to launch new negotiations on e-commerce. Unusually, the intention is to launch the…