Trump’s trade war with China could be a golden opportunity for India. But first, it’ll need to revisit its trade policies and regulatory framework.
Tag: trade
Spain, an industralized EU member with close ties to Latin America, could profit from easing the entry of Chinese firms keen to invest in and export to the Americas
The Brazilian president-elect’s plans for his first foreign trips offer just one clue to neighbors about how regional alliances are set to be turned on their heads.
The U.S. has long enjoyed hegemony over the 2.7-million sq km Caribbean basin. But whether Washington likes it or not, Beijing is showing that it too wants a piece of the pie.
With more sanctions for China and curbs on NAFTA, Donald Trump is fulfilling his campaign pledges to curtail globalization — free trade and vast business interests be damned.
Taco Bell in Mexico? McDonald’s in Hamburg? Americans find the recipe abroad, bastardize it, and then have the stomach to go back and sell it where it all began.
Proposed changes to the trilateral trade accord could scare off investors, hurt Mexican automakers, and sour relations with Canada, analyst Luis Rubio argues.
Rising tariffs between the U.S. and China may boost trade between China and Latin American states, but ultimately this could harm their economies if all China wants is energy and commodities.
The ‘sudden stop’ scenario has hit the Turkish economy, which threatens other countries around the world — and not just economically.
-OpEd- This must have been the moment he was waiting for: an energetic handshake with Donald Trump, with a smile and a deep look into his eyes to top it off. The two men seemed to be sealing a fresh pact. Cameras flashed, capturing the important moment for newspapers and history books — the five […]
-OpEd- PARIS — My conversation partner is a Japanese banker. He has just returned from Amman, the capital of Jordan. And he’s talking about the Chinese who were also there at a joint meeting of the EBRD (European Bank for Reconstruction and Development) and the AIIB (Asian Infrastructure Investment Bank). “They were everywhere and everyone […]
As Donald Trump stares down NATO, we may be witnessing the dying days of the post-War alliance between Europe and the U.S..
WASHINGTON — President Donald Trump often seems as though he’s stuck in the “80s. But maybe the better comparison is to the 1680s, not the Reagan era. Consider his announcement Thursday of new tariffs on steel and aluminum imported from the European Union, Canada and Mexico. These countries not only supply about half of our imports of these metals; they are also among our closest allies. Astonishingly, the White House claims that alienating these important military allies is necessary “to protect America’s national security.” These trade policies, and the supposed rationale behind them, bear an uncanny resemblance to classical mercantilism. […]
-OpEd- MUNICH — Donald Trump may have extended the grace period by one month, but make no mistake about it, he’s still holding a gun to Europe’s head in the tariffs dispute. The EU shouldn’t have any illusions: To get what he wants, Trump will continue his attempted extortion. And why not? It’s worked elsewhere, […]
In the age of Trump, there are innumerable issues and arguments that go unnoticed or underreported because this president is sucking up the oxygen of the entire American media universe, with his indecisive tweets and resulting indecisive policies. This is one of those topics that escaped the public eye. It centers around Trump’s announcement to […]
The U.S. trade deficits that have prompted the Trump administration to raise tariffs have a result of the universal use of dollars and are unrelated to ‘unjust’ trading practices.
BERLIN — Donald Trump’s protectionist push is prompting a trade war with the entire world — Germany included, as his announcement last month about steel and aluminum tariffs made abundantly clear. But that, it turned out, may have just the tip of the iceberg. He’s now threatening Germany’s most important industry: auto manufacturing. On Friday […]
-Analysis- PARIS — With his new sweeping round of protectionist tariffs on steel and aluminum, it looks like Donald Trump has decided to extend to the economic field the “madman strategy” he had already applied to the Korean Peninsula. That was the take last week from former CIA Director David Petraeus. Developed by the Nixon-Kissinger […]
-Analysis- PARIS — It’s a plan of titanic proportions, with a budget of close to $1 trillion and transport projects, for both land and sea, on almost every continent. No single fund can finance it, and the development bank created for it brings together more than 60 countries. The “New Silk Road,” and the figures […]
At first glance, it looks as though leaders of the world’s most powerful countries learned the lesson from the 1930s: Closing the borders is harmful. But in reality, protectionism has taken on new forms.
The numbers contradict Donald Trump’s claims that leaving NAFTA will benefit U.S. business and workers. It will harm them, not to mention their Mexican counterparts.
WASHINGTON — President Donald Trump is breaking with recent U.S. convention by portraying China as a rival that wants to undermine American prosperity. But it may take more than an aggressive tone to change the complex relationship between two economies that are joined at the hip. In a new national-security strategy released Monday, the White House lumped China with Russia as powers seeking to “challenge American power, influence, and interests,” and attempting to erode the country’s security and prosperity. “We will attempt to build a great partnership with those and other countries, but in a manner that always protects our […]
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Lost Skyline
Over my years of travels, I’ve seen major changes to cityscapes around the world as new buildings arrive. Manhattan is obviously a different story.
Beijing has become one of the largest weapons exporters in the world, allowing it to gain new allies and place its pawns strategically throughout the continent.
GUANGZHOU — After flocking to the megalopolis by the tens of thousands, Africans seem to be going sour on Guangzhou, or “Chocolate City,” as it’s been nicknamed by the Chinese. Home to the largest African community in Asia, Guangzhou, an important global trade platform located opposite Hong Kong, attracted scores of migrants starting in the […]
-OpEd- PARIS — A lot is being said and written about the “Molière clause,” first introduced by Vincent You, an elected representative in the western French city of Angoulême, and which mandates the use of French language on construction sites. This is, first and foremost, a case of guaranteeing safety at dangerous sites. A large […]
First with Obama and now with Trump, the U.S. is making space for a second imperialist power on the American continent, China.
After Brexit and Trump, Europe is forced to fight back. The precious Transatlantic Alliance may be at risk.
-Analysis- NEW YORK — Investors are ignoring Donald Trump’s trade rhetoric at their own peril. That’s the warning coming from a rising cohort of erstwhile Trump bulls who’ve gone weak in the knees as the president turns his sights on allies from Mexico to Japan and Australia. It isn’t enough, they say, that the post-election rally that added more than $3.5 trillion to global equities and sent high-yield debt to the best start to a year since 2012 has stalled. According to them, the administration’s pledges to protect U.S. industry and redefine currency relationships could ignite a trade war with […]
-OpEd- BOGOTÁ — The declarations Donald Trump made in last week’s inauguration speech mark a major shift for the United States on both the domestic and international fronts. His nationalist exhortations, and call for other countries to follow the same path, are the kind of dangerous demagoguery that often leads to war and misery. Trump’s […]
Trade with Asia will be all the more important for Latin American countries once President Obama leaves office.
Before it became the Syrian rebellion stronghold, Aleppo was the heart of ancient civilizations.
-OpEd- MEXICO CITY — Mexico’s President Enrique Peña Nieto recently told a gathering of CEOs at the Asia-Pacific Economic Cooperation (APEC) summit that his country sees no need to renegotiate the North American Free Trade Agreement (NAFTA) with the United States. Instead, it merely should be “modernized” or updated. That, he stated, would mean adding […]
Britain’s decision to leave the EU is having a ripple effect on the island nation of Cyprus, where ex-pats and tourism operators are already feeling the pinch. But there may be a more long-term windfall in the finance industry.
-Analysis- BEIJING — The numbers are decidely mixed. Year-on-year, China’s exports fell in September by 10%, which was a 0.5% further drop over August. Meanwhile, the National Bureau of Statistics showed that third-quarter Chinese GDP growth steadied to a solid 6.7%. But putting aside the short-term trend lines, the longer-term outlook shows alarming signs of […]
PARIS — So far, so good. The collapse of the British economy predicted by the former Chancellor of the Exchequer George Osborne, in a case of a Brexit victory, has not materialized. The services sector, which represents 80% of the UK’s GDP even rebounded unexpectedly in August, and business activity recovered its level of March, […]
Germany’s favorite fish isn’t always caught off the Alaskan coast. U.S. fishermen want transparency for consumers. But such a move could upend the fishing industry.
ROME — Iranian President Hassan Rouhani has chosen Italy as his first major Western destination since winning elections in 2013, and the first to come in the wake of the Vienna accords on Iran’s nuclear program and the lifting of international sanctions. Italian newspaper La Stampa first reported earlier this month that the president will […]
Pursuit of free trade may be at an all-time high as Washington seals the TPP deal and Beijing pursues its New Silk Road. Here’s how it all looks from Bogota.
As the lifting of sanctions appears to move closer to reality, business and government leaders from leading economies are eager to restore trading ties with Tehran