US firms will feel pressure in China, trade war or not

2018 ◽  
Keyword(s):  
United States ◽  
Integrated Circuits ◽  
The United States ◽  
Xi Jinping ◽  
Donald Trump ◽  
Trade Surplus ◽  
Content Type ◽  
China Trade ◽  
Trade War ◽  
Trump Administration

Subject China's options for retaliating against US firms during trade tensions. Significance US President Donald Trump tweeted yesterday that he is working with China's President Xi Jinping to get China's telecoms giant, ZTE, "back in business, fast" -- even though it was penal US sanctions that forced the company to announce last week that it was stopping operations. The Trump administration is divided on whether its objective in threatening imports tariffs on Chinese goods worth 50 billion dollars, effective May 22, is to strike a deal to cut China's trade surplus with the United States or to change China's industrial practices. Impacts Compliance costs will rise even if trade tensions subside. Investors in industries that China sees as strategic (eg, semiconductors and integrated circuits) may face unwritten screening rules. Investors in automobile, aircraft and shipping manufacturing and finance may find new opportunities to enter the market.

Economic Impact of Unilateral Free Trade

2021 ◽  
pp. 81-83
Author(s):  
Aarnav Narain Jalan ◽  
Anshika Bajaj
Keyword(s):  
United States ◽  
Free Trade ◽  
Manufacturing Sector ◽  
The United States ◽  
Economic Policies ◽  
Donald Trump ◽  
China Trade ◽  
American Medicine ◽  
Trade War ◽  
Trump Administration

President Donald Trump condemned the interdependence of the United States with other countries in a speech on March 24th, 2020 saying, “This crisis has underscored just how critical it is to have strong borders and a robust manufacturing sector. - ''… Our goal for the future must be to have American medicine for American patients, American supplies for American hospitals, and American equipment for our great American heroes.” [1] The United States has also been part of the ongoing US-China trade war, with both sides imposing numerous tariffs on each other's imports. These actions speak to the protectionist economic policies of the Trump administration.

US agribusiness faces pressure far beyond China trade

2019 ◽  
Keyword(s):  
Agricultural Products ◽  
Xi Jinping ◽  
Donald Trump ◽  
Capital Equipment ◽  
Content Type ◽  
China Trade ◽  
Soil Preparation ◽  
Farm Produce ◽  
Farming Families ◽  
Trump Administration

Subject US agribusiness outlook. Significance The farm state of Iowa is being suggested as a symbolic location for President Donald Trump and his Chinese counterpart, Xi Jinping, to sign phase one of a trade pact this year. Around 15% of Iowa’s GDP comes from revenue from crops, animals and other agricultural products, and any trade deal that the Trump administration strikes with Beijing is likely to include substantial Chinese purchases of US farm produce. Impacts Farming families on all but the largest farms will be under pressure to raise more non-farming income. To gain scale, farms will continue to specialise, either growing crops or raising livestock; fewer farms will produce both. Opportunities for leased services such as soil preparation and harvesting will rise as farmers seek to reduce capital equipment costs. More affordable and accessible robots will help small and medium-sized farms to close the productivity gap with farms with more technology. Agritourism will become a source of new revenue for many farms.

Trump administration may disengage from South Sudan

2016 ◽  
Keyword(s):  
United States ◽  
South Sudan ◽  
The United States ◽  
Policy Changes ◽  
Donald Trump ◽  
Content Type ◽  
Us Government ◽  
Close Relationship ◽  
Trump Administration

Significance Though the United States and South Sudan have a long history, the surprise election of Donald Trump could shift Washington’s posture towards Juba. The deepening crisis there has soured a a once-close relationship. Impacts US Africa policy may be determined in large part by Trump’s personnel picks for senior Africa posts. As observers warn of possible genocide, a US government in transition will find itself ill-prepared to respond. The proposed 4,000-strong Regional Protection Force may find less support from the new administration. US humanitarian funding levels should remain high despite potential policy changes.

Security likely to outweigh US-Vietnam trade ties

2018 ◽  
Keyword(s):  
East Asian ◽  
Regulatory Reform ◽  
The United States ◽  
South East Asia ◽  
Foreseeable Future ◽  
Donald Trump ◽  
Trade Surplus ◽  
Arms Sales ◽  
Content Type ◽  
Trump Administration

Significance The load was primarily symbolic, of Hanoi’s response to pressure from Washington to reduce Vietnam's 38.3-billion-dollar (2017) trade surplus with the United States, although there are likely to be further imports in this sector, including of soybeans. However, US-Vietnam trade ties face tensions: Vietnam is disillusioned that President Donald Trump withdrew from the Trans-Pacific Partnership (TPP); his subsequent reaffirmation of that decision reinforces Hanoi’s nervousness that the Trump administration will continue to take a hard line on trade. Impacts The Trump team will likely be keen to explore further new arms sales opportunities in Vietnam. Despite stronger Vietnam-Russia ties, Moscow will mostly be an arms source: Russia has limited money and resources for South-east Asia. Further Vietnamese regulatory reform and infrastructure improvements could reduce Vietnam’s US trade surplus. For the foreseeable future, India will lag China in deepening South-east Asian ties economically and militarily.

China agreement will not help US manufacturers

2019 ◽  
Keyword(s):  
United States ◽  
The United States ◽  
Trade Negotiations ◽  
Upper Midwest ◽  
Donald Trump ◽  
Content Type ◽  
China Trade ◽  
The Us ◽  
The Impact ◽  
Trade Wars

Subject The impact of the US-China trade wars on US manufacturers. Significance The United States and China reached a tentative agreement in trade negotiations on October 11 that President Donald Trump described as "a substantial phase one deal". The deal, which is yet to be finalised, centres on China's agreement to purchase some 40-50 billion dollars' worth of additional US agricultural goods annually, and Trump's agreement to suspend a planned increase in tariffs on 250 billion dollars' worth of Chinese goods, from 25% to 30%, that was due to take effect tomorrow. However, existing tariffs on both sides remain in place. Impacts A manufacturing recession could lead to greater upper Midwest voters’ discontent. Midwestern voter discontent could help a Democrat win the presidency in 2020, and a populist win the party’s nomination. US-based manufacturers could benefit from new contracts as supply lines are revised, but costs would rise. A second Trump tax cut in 2020 could temporarily help US-based firms avoid competitiveness gaps.

Biden win would improve Mexico relations

2020 ◽  
Keyword(s):  
Dispute Settlement ◽  
The United States ◽  
Pragmatic Approach ◽  
Donald Trump ◽  
Content Type ◽  
Bilateral Relations ◽  
China Trade ◽  
The Us ◽  
Trade War ◽  
Us Senate

Significance Mexican President Andres Manuel Lopez Obrador (AMLO) has strived to maintain cordial relations with incumbent US President Donald Trump, despite his aggressive rhetoric towards Mexico. A Biden win would improve bilateral relations significantly. Impacts Biden’s interest in Mexico may stretch beyond trade and the border to a wider range of issues, leading AMLO to see him as interventionist. A Republican-dominated US Senate would increase attention on issues of interest to businesses, such as investor-state dispute settlement. Any easing of the US-China trade war could weaken the perceived urgency of the need to re-shore supply chains, to the detriment of Mexico. Mexico’s economic dependence on the United States will ensure AMLO maintains a pragmatic approach towards any bilateral disputes.

US government’s investment intervention will grow

2018 ◽  
Keyword(s):  
United States ◽  
Intellectual Property ◽  
Foreign Investment ◽  
The United States ◽  
Foreign Firms ◽  
Donald Trump ◽  
Foreign Investments ◽  
Content Type ◽  
The Us ◽  
Trump Administration

Subject Government intervention in foreign inward and outward investments and mergers. Significance The Trump administration is increasingly moving to control undesired foreign investments, as the March 12 presidential order blocking overseas-based Broadcom from merging with US-based Qualcomm showed. President Donald Trump was working on advice from the Committee on Foreign Investment in the United States (CFIUS). Since 1990, there have been only five cases where presidents have blocked mergers; two of these have been under Trump since his inauguration in January 2017. Impacts Foreign firms will face constraints on accessing US intellectual property and tech patents. Trump will impose new visa requirements for Chinese nationals working and studying in the United States. US vetoes of foreign investment and mergers could see other countries respond in the same way. The Broadcom-Qualcomm veto should help the US semiconductors industry maintain a global role in 5G technology. Foreign firms may sidestep the CFIUS by incorporating in the United States, as Broadcom hopes to do next month.

scholarly journals NATIONAL SECURITY EXCUSE FOR THE NE0-PROTECTIONIST TRADE POLICY OF PRESIDENT’S TRUMP ADMINISTRATION

2018 ◽  
Vol 14 (2) ◽  
pp. 439-449
Author(s):  
Ryszard ŁAWNICZAK
Keyword(s):  
United States ◽  
Trade Policy ◽  
National Security ◽  
The United States ◽  
Donald Trump ◽  
Entire List ◽  
The World ◽  
Trading Partners ◽  
Trade War ◽  
Trump Administration

In March 2018, the newly elected President of the United States, Donald Trump, surprised the world by triggering a trade war with his largest trading partners. He announced that he would introduce 25% and 10% of customs tariffs on imports of steel and aluminium. Besides he threatened to impose duties on imports of European cars, as well as on the entire list of other products, as long as the trading partners do not stop unfair trading practices and will not reduce their own barriers to American products. In the article, the author tries to explain why protectionist measures of the American administration should be defined as "neo-protectionism", and why and if justly those protectionist steps President Trump justifies as a “threat to national security".

The great Chinese surprise: the rupture with the United States is real and is happening

2020 ◽  
Vol 96 (2) ◽  
pp. 419-437
Author(s):  
Xiangfeng Yang
Keyword(s):  
United States ◽  
The United States ◽  
Donald Trump ◽  
Ample Evidence ◽  
Pendulum Swing ◽  
The Us ◽  
Methodological Problems ◽  
Trade War ◽  
The Stability ◽  
The Individual

Abstract Ample evidence exists that China was caught off guard by the Trump administration's onslaught of punishing acts—the trade war being a prime, but far from the only, example. This article, in addition to contextualizing their earlier optimism about the relations with the United States under President Trump, examines why Chinese leaders and analysts were surprised by the turn of events. It argues that three main factors contributed to the lapse of judgment. First, Chinese officials and analysts grossly misunderstood Donald Trump the individual. By overemphasizing his pragmatism while downplaying his unpredictability, they ended up underprepared for the policies he unleashed. Second, some ingrained Chinese beliefs, manifested in the analogies of the pendulum swing and the ‘bickering couple’, as well as the narrative of the ‘ballast’, lulled officials and scholars into undue optimism about the stability of the broader relationship. Third, analytical and methodological problems as well as political considerations prevented them from fully grasping the strategic shift against China in the US.

scholarly journals The Dimensions of the US-China Trade War

2020 ◽  
Vol 3 (1) ◽  
pp. 47-55
Author(s):  
Mohamad Zreik
Keyword(s):  
United States ◽  
Indian Ocean ◽  
Free Trade ◽  
The United States ◽  
Bilateral Agreements ◽  
China Trade ◽  
The Pacific ◽  
The Us ◽  
The Indian Ocean ◽  
Trade War

AbstractThe Chinese Ministry of Commerce issued a statement Friday morning, July 6, 2018, confirming the outbreak of a trade war between the United States and China. The statement came after the United States imposed tariffs on many Chinese goods, in violation of international and bilateral agreements, and the destruction of the concept of free trade which the United States calls for following it. It is a war of opposite directions, especially the contradiction between the new Trump policy and the Chinese approach. The proof is what US Defense Secretary James Matisse announced in Singapore in early June 2018 of “the full strategy of the new United States, in the Indian Ocean and the Pacific,” where China was the “sole enemy of the United States” in China’s geostrategic region. Intentions have become publicized, and trade war between the two economic giants is turning into a reality. This paper will give an overview of the US-China scenario of trade war, then a focused analysis on the Trump’s administration economic decision regarding China, and the consequences of this decision.

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