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China's Potential Trick in the Trade Wars

David Lynch of The Washington Post points out a largely unnoticed tactic the Chinese are able to use in the current trade wars. Something the Chinese government has used in the past on South Korea. Boycotting travel to the United States. Although many believe prohibiting travel to the US would anger too many Chinese middle-class citizens making it almost impossible, the trick remains up their sleeve to be used.

According to this article the US greatly benefits from Chinese tourists who…

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Should amazon be more tightly regulated?

Amazon is too big, too successful, and too dominant in many sectors, should amazon be more tightly regulated?

Amazon was founded in 1994 by Jeff Bezos, and since then, has diversified into several markets sectors, including retail and grocery. One of the market strategies employed by Amazon can be described as being “self-styled servants of the consumer as they have ushered in an age of low prices for virtually all commodities on their platforms. Amazon accounts for nearly half of all…

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Stanley Black and Decker's CEO, Don Allan Jr, believes so. The Connecticut based company is a big advocate for continuing the manufacturing trend for the nutmeg state. Their decision to place the new hub in Hartford was a sign of support for the struggling state. With the new revolution upon us, internet of things, with robots, artificial intelligence, and additive manufacturing creates a huge opportunity for the manufacturing state. 

Allan does have a few concerns for the state…

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https://www.cnbc.com/2018/10/29/americas-global-trade-war-arrives-at-wto-as-members-dispute-us-tariffs.html ;

As the tensions continue mount in the trade war between America and the rest of the world (especially China), the dispute has finally made its way to the World Trade Organization as seven countries, including Meciso, Canada, China, and…

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Global Growth is ‘Probably Not Enough' to Withstand a Trade War, IMF's Christine Lagarde Warns

Earlier this week, the International Monetary Fund reduced its global growth forecast to 3.7%. If the projections are true, this will mark the same rate of growth for three consecutive years. The growth of the global economy is hitting a plateau, and the Managing Director of the IMF, Christine Lagarde, does not think it is strong enough to withstand rising trade…

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Canada became the second country in the world after Uruguay by legalizing recreational use of marijuana on October 17, 2018. Before cannabis was legalized the average price per gram was about $6.79 and after it was legalized the price was ranged Can$5.25 per gram in Quebec to $18.99 per gram in Saskatchewan. People queued for hours to purchase legal cannabis in front of stores and it is reported that at some places ran out of it in half business day. In Ontario,…

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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…

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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…

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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…

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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.…

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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…

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    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…

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  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…

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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,…

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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…

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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…

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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…

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