Trade war

Trump, Xi wait to see who blinks first as trade fight heats up

The leaders of the world’s two biggest economies are waiting to see who backs down after firing the opening shots in a trade war. U.S. President Donald Trump took aim at China’s plans to dominate strategic technologies Tuesday by slapping tariffs on 1,333 of the country’s products – from semiconductors to lithium batteries. Chinese counterpart Xi Jinping’s government hit back with proposed levies on key American imports including soybeans and Boeing Co.

5 April 2018
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Fortifying ASEAN against a potential global trade war

United States (US) president, Donald Trump’s imposition of at least US$60 million worth of tariffs on China’s products has already prompted signs of Chinese retaliation, something that could result in a trade war between the two nations. Trump’s earlier proposals to impose a 25 percent tariff on steel and a 10 percent tariff on aluminium imports has already sparked a global uproar. Spill-over effects from a likely trade war could impact Southeast Asia too.

24 March 2018
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The geopolitics of trade wars

With every tweet, Donald Trump seems to be eroding America’s leadership position within the rubrics of the liberal international order. His latest tirade that “trade wars are good, and easy to win” has more than sullied America’s position as the bastion of free trade in the world. To be fair, his poise towards economic protectionism was not unexpected.

5 March 2018
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