Michael Martina & David Lawder, Reuters: Dueling tariffs raise fears of long U.S.-China trade battle
BEIJING/WASHINGTON (Reuters) - A U.S.-China trade fight resulting in duties on $34 billion worth of each other’s imports was seen dragging on for a potentially prolonged period, as Washington and Beijing flexed their muscles with no sign of negotiations to ease tensions.
Friday marked the start of the U.S. duties that were promptly met with retribution by China, as Beijing accused the United States of triggering the “largest-scale trade war.”
The escalating fight between the world’s two biggest economies meant that it could “take economic and political pain to get these two parties to the (negotiating) table,” said Scott Kennedy, head of China studies at the Center for Strategic and International Studies in Washington.
Read more ....
Commentaries, Analysis, And Editorials -- July 6, 2018
US-China trade war elevates the risks to the global economy -- Paul Wiseman and Josh Boak, AP
Tariffs ‘kick off 50-year trade war’ with China -- Pepe Escobar, Asia Times
Is China on course with 'Made in China 2025' amid trade row with US? -- William Yang, DW
Nuclear talks: What US and North Korea want from each other -- Hyung-Jin Kim, AP
Pompeo in Pyongyang: How North Korea can prove it’s sincere -- Andrew Salman, Asia Times
Pompeo’s prospects: outlook from a 40-year Pyongyang watcher -- Bradley K Martin, Asia Times
The Economic Roots of Iran’s Unrest -- James Robbins, National Interest
What's at stake if trading at Strait of Hormuz is disrupted? -- Ted Regencia & Alia Chughtai, Al Jazeera
The Rise of Iraq's Young Secularists -- Alice Su, The Atlantic
Ethiopia: A Regional Power in the Making? -- Geopolitical Futures
Does Israel want Syria's Bashar al-Assad in power? -- Zena Tahhan, Al Jazeera
Is It Time for France and New Caledonia to Go Their Separate Ways? -- Catherine Wilson, WPR
Canadians Embrace Volatile Anti-Trump Movement -- John Geddes & Shannon Proudfoot, Maclean's
Will Mexico's New President Be More Lula Or Chávez? -- Rafael Pampillón, World Crunch
What would any of you say to the comparison of US vs Japan 1930's and US vs China current? Would it be a fair to say that the Chinese navy is equivalent to early 1930's Japan?
ReplyDeleteI guess a lot has to do with future ambitions and how their minimal carrier fleet would effect the comparison.