Discussion Board

All Posts (1026)

Trump's Trade War with China

The article I chose to write about is about Donald Trump’s trade war with China and Europe. Due to the constant ‘trade war’ that has begun with the US and China and the US with Europe, it’s said that it’s going to continue to grow, throughout 2019. It’s been said that due to the current administration’s attacks, there have been more direct hits to the US on trade than ever before. Another reason that trade has been relatively decreasing is due to the increased cost of imports, the biggest…

Read more…

U.S. Planning New Tariffs on China

The article I chose was an article that talks about the ongoing tariff war between both China and the United States. Currently the United States and China have been engaged in a trade dispute and Trump is looking to tax the remaining goods that are not already taxed. These new taxes would amount to around $257 billion. In response to this, China was also going to impose new taxes on goods coming from the United States. This would be around $60 billion. The day after the reports of the new…

Read more…

This article by TransUnion is highly informative on preventative measures and detection hacks. It overviews nine different red flags that companies or governments involved in international online sales should be well-versed in. Fraud impacts the global economy in many ways, starting with the decision to do business in a particular country because of  available cost break advantages or new market revenue streams. This decision can and should be heavily influenced by national fraud rates and…

Read more…

https://www.cnbc.com/2018/10/25/us-weekly-jobless-claims-total-215000-vs-214000-expected.html

New applications for U.S. unemployment aid rose last week, but the number of Americans receiving benefits fell to more than a 45-year low, pointing to tightening labor market conditions. Economists polled by Reuters had forecast claims rising to 214,000 in the latest week.…

Read more…

China Trade War

The trade war between the united states and china has increased. but china has taken one weapon off the table, china says they will not use their currency as a weapon in their trade war. Premier Li Keqiang told the global excutives and ploicymakers that chia would not go about devaluing their currency to boost trade with the rest of the world. Chinas method would be that they would impose their biggest rounds of tariffs so it could bring the value of the goods hit by tariffs to more than…

Read more…

    Jair Bolsonaro swept to power in Brazil’s presidential election Sunday, marking a hard pivot to the right that promises to open up the resource-rich economy to private investment, strengthen ties to the U.S. and unleash an aggressive crackdown on epidemic crime.
    Brazil's economy has been in recession since the 2014 election. One President is impeached, one is jailed, violence is on the rise and security has been…

Read more…

  Global market is worse in five years. According to MSCI all-country world index, the stock markets in 47 developed and emerging countries closed down 3.7%. The global index has dropped by 9.5% since the beginning of month. MSCI is the index to measure the performance of investment. At the same time, British company’s stock fell by 0.92% on the FTSE 100. The UK government claim that leaving EU with no-deal is a possibility though, economists assume…

Read more…

How Connecticut becomes a best state for business

by A.E. Rodriguez & Brian Kench

Connecticut shivers whenever a Best States for Business ranking is published. Suffering the recurring indignity of either being a bottom-dweller or heading in the wrong direction is one of the hazards of living in Connecticut. Recent reports that rank Connecticut on varying dimensions put our state near the bottom for fiscal health, tax climate, and economic outlook. So,…

Read more…

In the final analysis, the US – Mexico trade deal could have been a better one. The amount of parts required to be made in the US and installed in cars sold in the US dropped to 0%. It was replaced with a 75% North American made parts requirement. Which means that all the parts installed in US car plants can come from Canada or Mexico. The US pushed for a Mexican minimum wage of $16 an hour making American workers more competitive. This means automobile…

Read more…

Student's Opinion/Summary: 

The article is a reminder that the United States, under the Trump Administration, is playing closer to an isolationist strategy than as a global leader and promoter of trade in recent decades. The article ends with the already high tariff talley US has imposed on China ( that is only going to increase 25% beginning Jan. 1, 2019) The article also goes on to talk about how Trump is not willing to even talk to President Xi about trade if they…

Read more…

Multilateral v Bilateral Trade deal negotiations

 

I quite don’t understand the current US administration long-term thinking and strategy on trade negotiations.  Might it be that there is no long term strategy and that they are basically focused on short term window?

The approach to the NAFTA  re-negotiations was chaotic at best and created further long term negative ramifications and divides that will long outlast the current administration.  For example, the rules under which auto trade would qualify for tariff free trade are…

Read more…

Ford: Fusion Across Borders

When it was announced that an import tariffs of 35% was to be placed on goods arriving into the United States from Mexico, Ford announced the cancellation of its plan to build a new production facility in Mexico. However many individuals believe this would be a mistake. 

With American production facilities at full capacity already, new plants must be constructed somewhere. Plants in Mexico have a $4,300 cost advantage over US production plants. Automobiles built in Mexico use 800% more…

Read more…

Turkey and Germany Pledge to Expand Trade

Turkey has been a volatile place recently for both politics, and economics. In the wake of all of this, Turkey and Germany have pledged to expand trade ties between their two countries. This will not only help both countries economically, but it should also help the politics between the two. Countries that trade with each other are less likely to have conflict between them. Turkey has been trying to become a member of the EU for years now, but has yet to be approved. If new trade deals…

Read more…

Dallas Fed President Robert Kaplan says Fed can let the economy run on its own, and that there is no need to be stimulating the U.S economy. The unemployment rate is at 3.7 percent, and inflation is rate is just above the Fed’s 2 percent target. Kaplan also said that policymakers are on the right track with their gradual approach to raising interest rates.

According to the Federal Open Market Committee, Fed has hiked its benchmark rate three times this year not even counting with the…

Read more…

https://www.bloomberg.com/opinion/articles/2018-03-19/use-fiscal-policy-not-the-fed-to-fight-the-next-recession

My article talks about potential problems that could arise in the future when our booming economy finally hits a wall. Right now our economy s boing with low-interest rates and very low unemployment rates. This means a lot of people are…

Read more…

Inflation Prevention with Monetary Policy

ECON 6644 - 02 

“Monetary policy is directly responsible for economic and financial stability”

This article discusses how central banks around world play the top role at controlling the economy’s life. They should know and see everything in order to properly act on it in a timely manner. Without this and proper monetary policies, a financial crisis is bound to happen. In the last major financial crisis, the US and EU were very affected. Both these countries monetary policies and…

Read more…

EU rejects Italy's budget plan for 2019, sending bond yields higher

https://www.cnbc.com/2018/10/23/eu-rejects-italys-budget-plan-for-2019.html

 

Italy’s newly proposed budget plan for the upcoming year was rejected by the European Commission, the European Union’s executive arm today. The Commission is giving Italy three weeks to propose a new plan that…

Read more…

            Breaking news written by Jungah Lee and Hooyeon Kim on October 17th, 2018 that the bank of Korea holds fire on rates as it might be a risk to economy growth. The article, “Bank of Korea Holds Fire on Rates as Risks to Economy Grow,” talks about the bank of Korea not changing their interest rates due to the U.S.-China trade war that had rising risk to Asia’s (fourth-largest economy). Allegedly it had decreased the growth in forecasts that where made for this year and…

Read more…

This article is very interesting because it talks about the US increasing their deficit while being in a positive economy.  It was believed that the deficit would be expected to increase if the economy was in a bad state and unemployment was high, but we are not currently dealing with those things, yet the deficit is increasing.  The budget deficit is as $779 billion and by 2020, at this rate, the deficit will be at $1 trillion and $1.3 trillion by 2022.

This would be a great time to…

Read more…