scholarly journals US-China trade conflict: causes and consequences

2020 ◽  
Keyword(s):  
United States ◽  
Foreign Trade ◽  
Regression Models ◽  
Bilateral Trade ◽  
Negative Impact ◽  
The United States ◽  
Economic Relations ◽  
Stage Of Development ◽  
The Us ◽  
The Usa

At the present stage of development of international economic relations special attention is paid to the study of the relations between the countries that are the world leaders in terms of GDP and foreign trade – the USA and China. This is due to the fact that in recent years the US have introduced a number of measures to counteract the growth of Chinese exports, which has led to backlash from China. The subject of the study is the foreign trade relations of the USA and China. The goal is to analyze the influence of protectionist measures applied by the US and China on the development of their foreign economic relations. The following objectives are set: to determine the level of economic interdependence of the USA and the PRC, to investigate their impact on mutual trade flows and to analyze the dynamics of bilateral trade of countries under restrictive measures. The following methods are: comparative analysis, systematization and generalization, construction of regression models. The results of the analysis revealed that the US and PRC current accounts show reverse dynamics: the United States demonstrates stable deficit, while China has had surplus for many years. Moreover, the structures of the current accounts do differ a lot as well: the US is totally services-oriented country, whereas China is a major exporter of goods. It can be observed that both countries have experienced a recession of foreign economic activity since 2018, as far as their current account balances decreased substantially, which is likely to be the consequence of tariff barriers imposed by the US and PRC. Furthermore, due to trade confrontation, bilateral trade between these countries declines significantly as well, so that now China and the United States are forced to look for new export markets. The results of the regression models allow concluding that import from China is indeed having a negative impact on US exports, which has led to the US restrictions on imports from China. However, the introduction of mutual restrictions did not lead to an improvement of the US foreign trade.

Interaction of Ukrainian Diaspora and the USA Government Regarding Celebration of Ukrainian Independence Day on January 22

2018 ◽  
Vol 1 (47) ◽  
pp. 136-145
Author(s):  
Halyna Shchyhelska
Keyword(s):  
United States ◽  
House Of Representatives ◽  
The United States ◽  
100Th Anniversary ◽  
Totalitarian Regime ◽  
The Public ◽  
Us Congress ◽  
The Us ◽  
Public Consciousness ◽  
The Usa

2018 marks the 100th anniversary of the proclamation of Ukrainian independence. OnJanuary 22, 1918, the Ukrainian People’s Republic proclaimed its independence by adopting the IV Universal of the Ukrainian Central Rada, although this significant event was «wiped out» from the public consciousness on the territory of Ukraine during the years of the Soviet totalitarian regime. At the same time, January 22 was a crucial event for the Ukrainian diaspora in the USA. This article examines how American Ukrainians interacted with the USA Government institutions regarding the celebration and recognition of the Ukrainian Independence day on January 22. The attention is focused on the activities of ethnic Ukrainians in the United States, directed at the organization of the special celebration of the Ukrainian Independence anniversaries in the US Congress and cities. Drawing from the diaspora press and Congressional Records, this article argues that many members of Congress participated in the observed celebration and expressed kind feelings to the Ukrainian people, recognised their fight for freedom, during the House of Representatives and Senate sessions. Several Congressmen submitted the resolutions in the US Congress urging the President of United States to designate January 22 as «Ukrainian lndependence Day». January 22 was proclaimed Ukrainian Day by the governors of fifteen States and mayors of many cities. Keywords: January 22, Ukrainian independence day, Ukrainian diaspora, USA, interaction, Congress

United States and Its Challenge to Multilateralism in the Global Economy

2018 ◽  
Vol 74 (4) ◽  
pp. 402-419
Author(s):  
Krishnakumar S.
Keyword(s):  
United States ◽  
Global Economy ◽  
World Economy ◽  
Foreign Exchange Market ◽  
Bilateral Trade ◽  
Developing Economies ◽  
The United States ◽  
The Us ◽  
The World ◽  
Merchandise Trade

With Donald Trump as President of United States, multilateralism in the world economy is facing an unprecedented challenge. The international economic institutions that have evolved since the fifties are increasingly under the risk of being undermined. With the growing assertion of the emerging and developing economies in the international fora, United States is increasingly sceptical of its ability to maneuvre such institutions to suit its own purpose. This is particularly true with respect to WTO, based on “one country one vote” system. The tariff rate hikes initiated by the leader country in the recent past pose a serious challenge to the multilateral trading system. The paper tries to undertake a critical overview of the US pre-occupation of targeting economies on the basis of the bilateral merchandise trade surpluses of countries, through the trade legislations like Omnibus Act and Trade Facilitation Act. These legislations not only ignore the growing share of the United States in the growing invisibles trade in the world economy, but also read too much into the bilateral trade surpluses of economies with United States and the intervention done by them in the foreign exchange market.

scholarly journals Freedom Fries

2010 ◽  
Vol 2 (3) ◽  
pp. 256-281 ◽  
Author(s):  
Guy Michaels ◽  
Xiaojia Zhi
Keyword(s):  
United States ◽  
Willingness To Pay ◽  
Bilateral Trade ◽  
The United States ◽  
Average Decrease ◽  
Percentage Points ◽  
The Us

Do firms always choose the cheapest suitable inputs, or can group attitudes affect their choices? To investigate this question, we examine the deterioration of relations between the United States and France from 2002–2003, when France's favorability rating in the US fell by 48 percentage points. We estimate that the worsening attitudes reduced bilateral trade by about 9 percent and that trade in inputs probably declined similarly, by about 8 percent. We use these estimates to calculate the average decrease in firms' willingness to pay for French (or US) commodities when attitudes worsened. (JEL D24, F13, F14, L14, L21)

Japan-US Economic Relations in the Post-Trans-Pacific Partnership Era

2017 ◽  
Vol 09 (03) ◽  
pp. 38-49
Author(s):  
Min-Hua CHIANG
Keyword(s):  
United States ◽  
Bilateral Trade ◽  
The United States ◽  
Economic Relations ◽  
Significant Step ◽  
Senkaku Islands

Japan and the United States have agreed to discuss a post-Trans-Pacific Partnership (TPP) bilateral trade framework during the Abe-Trump meeting in February 2017. The bilateral trade talks will be a significant step for Japan to remain economically connected to America. To reward Japan’s support of Trump’s economic agenda, the United States has promised to defend Japan, including the disputed Senkaku islands.

The United States

2017 ◽  
Author(s):  
J. C. Sharman
Keyword(s):  
United States ◽  
The United States ◽  
Turn Of The Century ◽  
Patriot Act ◽  
Foreign Corrupt Practices Act ◽  
The Us ◽  
Before And After ◽  
The Status ◽  
The Usa ◽  
Successful Prevention

This chapter begins by tracing the origins of the anti-kleptocracy cause in the United States, starting with the harsh Cold War environment and the Foreign Corrupt Practices Act of 1977. It explores the status quo ante of dictators being able to launder their funds in the US financial system with impunity immediately before and after the turn of the century. At this time, there was no law prohibiting American banks and other institutions receiving the proceeds of foreign corruption. The USA Patriot Act closed this legal loophole, yet practice lagged, and laws at first failed to have much of an impact. More recent cases indicate at least partial effectiveness, however, with instances of successful prevention and some looted wealth confiscated and returned.

scholarly journals FOREIGN TRADE SPATIAL DYNAMICS AND PROMOTION OF AGRICULTURAL EXPORTS OF THE UNITED STATES OF AMERICA

2021 ◽  
Vol 2 (196) ◽  
pp. 17-25
Author(s):  
V.N. Minat ◽  
Keyword(s):  
United States ◽  
Foreign Trade ◽  
Agricultural Production ◽  
Spatial Dynamics ◽  
The United States ◽  
Agricultural Products ◽  
Agricultural Exports ◽  
Us Economy ◽  
The Us ◽  
The World

As part of the study of agricultural production, as one of the leading export-oriented sectors of the US economy, the dynamics of foreign trade in American agricultural products, which is objectively recognizable in the categorical and economic evolution of spatial patterns, is considered. The latter are considered in the context of the global regional structure of agricultural exports and imports of the United States in 1946–2019 and the features of stimulating the export of American agricultural products in the context of the main regions and countries of the world for the same period of time. Based on the synthesis of historical/evolutionary and spatial approaches, methodologically filled with methods of abstract-logical and statistical-economic analysis of official American statistics, the provisions on geo-economic conjuncture, expansionism and protectionism of US foreign trade in the world/global agricultural market are empirically proved.

scholarly journals Geopolitical and regional considerations: US, China and, Russia: partners or competitors?

2021 ◽  
pp. 55-65
Author(s):  
Anatoliy Khudoliy
Keyword(s):  
United States ◽  
The United States ◽  
Asia Pacific ◽  
Regional Politics ◽  
Republic Of China ◽  
One Belt One Road ◽  
The Us ◽  
The Usa ◽  
The Russian Federation ◽  
Political Economic

The article deals with the policy of the United States of America, Peoples’ Republic of China (PRC) and the Russian Federation in the Asia-Pacific Region. Leadership ambitions of the countries became evident in political, economic, military, technological and space spheres especially over the last few years. The purpose of the article is to analyze American-Chinese and Russian-Chinese relationships in the Asia-Pacific and identify reasons for their foreign policy course. Both countries, China and the USA are eager to play leader’s part in the regional politics. The relationships between the PRC and the United States significantly deteriorated, especially during D. Trump presidency. The author draws attention to the US policy and its attempts to strengthen its own positions in the region as well as to China’s economic activity reflected in transport projects, for instance – One Belt, One Road initiative, perceived by Washington as a challenge to its leader’s position. Tensions between two countries increased due to aggressive regional policy of China which claimed sovereignty over few small islands in the South China Sea. Beijing and Washington compete for leadership in the sphere of technology where China is ahead of the USA.

scholarly journals Nativity Status and Poly Tobacco Use among Young Adults in the United States

2021 ◽  
Author(s):  
Peace C. Okpala ◽  
Carrie Rosario ◽  
Melissa J. Dupont-Reyes ◽  
Michelle Y. Martin Romero ◽  
Md Towfiqul Alam ◽  
...  
Keyword(s):  
United States ◽  
Young Adults ◽  
Tobacco Use ◽  
Regression Models ◽  
The United States ◽  
Foreign Born ◽  
Tobacco Products ◽  
Targeted Interventions ◽  
Nativity Status ◽  
The Us

Introduction: Young adults are the second largest segment of the immigrant population in the United States (US). Given recent trends in later age of initiation of tobacco use, we examined variation in use of tobacco products by nativity status for this population group. Methods: Our study included young adults 18-30 years of age sampled in the National Health Interview Survey (2015-2019), a nationally representative sample of the US population. We calculated prevalence of use of any and 2 or more tobacco products (cigarettes, cigars, pipes, e-cigarettes, and smokeless tobacco) for foreign-born (n=3,096) and US-born (n=6,811) young adults. Logistic regression models adjusted for age, sex, race-ethnicity, education, and poverty, while accounting for the complex survey design. Results: Foreign-born young adults were significantly less likely to use any tobacco product (Cigarette = 7.3% vs 10.7%; Cigar= 1.8% vs 4.8%; E-cigarette= 2.3% vs 4.5%, respectively; p<0.01) or poly tobacco use (1.9% vs. 4.2%; p<0.01) than US-born young adults. Adjusted regression models showed lower odds of poly tobacco use among the foreign-born than their US-born counterparts (Odds Ratio = 0.41, (95% Confidence Interval: 0.26-0.63)). Conclusion: Findings highlight the importance of targeted interventions by nativity status and further tobacco prevention efforts needed for the US-born.

scholarly journals 5G and its Implications in the Economic Relations between China and European Countries, with a Special Focus on Italy

2020 ◽  
pp. 1-10
Author(s):  
Melania Petrillo
Keyword(s):  
United States ◽  
European Union ◽  
The United States ◽  
European Countries ◽  
Special Focus ◽  
The European Union ◽  
Economic Relations ◽  
5G Network ◽  
The Usa ◽  
State Of Affairs

The economic relations between China and the European countries are tightened by an intensive interdependence in different sectors, mainly trades and services, but decades of successful relations could be affected by the pressure risen around the development of the 5G network. Recently, the development of the technology of the future, 5G network, is having a certain effect on the relations among those countries that joined the race for the leading global position. The major players in this geopolitical, technological, and economic affair are China and the USA, therefore, Europe plays an important role as well. These occurrences may increase not only the strategic suppleness of powers like China, India, the United States, and the European Union, but also the weight of nourishing alignments and fruitful partnerships. This research takes into consideration two fundamental elements to analyze this state of affairs: the economic interdependence between China and the European countries, and the protection of cybersecurity.

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