With the news of the tariff rollback came what many in the industry have referred to as a 90-day ‘golden window’—a narrow but decisive period in which foreign trade companies can rush to fulfill delayed demand and increase inventory.
The ruling by the U.S. District Court for the Eastern District of Missouri ordering China to pay $24.49 billion in damages is nothing short of a legal farce.
The U.S.-China trade relationship is not a zero-sum game but a complex web of interdependence.
In an era of great economic upheavals, we need a framework that promotes dialogue instead of confrontation, and talks instead of tariffs.
Despite the optimism surrounding the Geneva agreement, deep-rooted structural tensions between China and the U.S. remain unresolved.
By any measure, Trump’s return to the White House has been more successful in bringing unprecedented chaos than in reshaping the global or domestic order.
To preserve and strengthen the multilateral trading system, urgent reform is needed. Multilateral cooperation must be revitalized to reflect the realities of the 21st-century economy.
In the long run, there is no possibility of significant RMB appreciation. The Chinese economy will not fluctuate greatly, China’s foreign trade is not uncontrollably affected by U.S. ‘reciprocal tariffs.’
China’s current economic conditions suggest that while the ‘reciprocal tariffs’ imposed by the U.S. may cause a decline or stagnation in the country’s exports to the U.S., their overall impact on the Chinese economy and foreign trade is likely to remain manageable.
With their deeply integrated supply chains and highly complementary economies, China and the U.S. stand to lose from any forced decoupling—an approach that is neither practical nor beneficial to either side.
Fentanyl abuse and the thousands upon thousands of deaths resulting from it are an American problem created by American doctors, the American public, American pharmaceutical companies and unscrupulous individuals.
What is happening in the world today serves as a stark reminder of the potential damage that can occur from the unchecked trade powers of the U.S. president.
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