A trade show for everything from Sri Lankan cinnamon to American cars
Tag: protectionism
US sanctions & protectionism strengthen bonds between Russia and China
Energy ties between China and Russia will see deeper development as the neighboring countries are planning to jointly work on the Arctic shelf projects, according to Igor Sechin, CEO of Russia’s biggest oil company Rosneft. “New growth points in Russian-Chinese cooperation could be joint development of the oil and gas resources on the shelves of […]
China hopes a big new expo will fix its reputation for protectionism
Anti-protectionist species UNDERSTANDING DONALD TRUMP’s intentions has bedevilled China since he took office. So it continued this week when the American president made comments that could signal a big escalation in the two countries’ trade war—or that a resolution is near. “I think we’ll make a great deal with China,” he told Fox News in […]
China hopes a big new expo will fix its reputation for protectionism
A trade show for everything from Sri Lankan cinnamon to American cars
In America, a political coalition in favour of protectionism may be emerging
THE post-war system of global trade has been close to expiring, seemingly, for most of the post-war period. It tottered in the 1980s, when Ronald Reagan muscled trading partners into curbing their exports to America. It wobbled with the end of the fruitless Doha round of trade talks. The system now faces the antediluvian economics […]
Markets fret about America’s turn toward protectionism
IN THE run-up to the presidential election of 2016, investors were nervous about Donald Trump. They liked his tax-cutting, anti-regulation promises, but fretted about his foreign and trade policies. Some dubbed the two agendas “Trump lite” and “Donnie Darko”. Almost as soon as it became clear that Mr Trump would become president, the markets decided […]
Russia calls economic sanctions one of the worst forms of protectionism
Published time: 12 Dec, 2017 11:30 Russian economy minister has urged the World Trade Organization (WTO) to make global trade free from sanctions. Maksim Oreshkin has called on the trade body to put an end to what he called a “degrading phenomenon.” “We’ve been facing a rise in one of the most aggressive forms of […]
How protectionism sank America’s entire merchant fleet
IN APRIL 1956 the world’s first container ship—the Ideal X—set sail from New Jersey. A year later in Seattle the world’s first commercially successful airliner, Boeing’s 707, made its maiden flight. Both developments slashed the cost of moving cargo and people. Boeing still makes half the world’s airliners. But America’s shipping fleet, 17% of the […]
Japan and the EU are trying to make the US think twice about protectionism
REUTERS/Issei Kato TOKYO (Reuters) – Japanese and European Union negotiators meeting in Tokyo aim to reach a free trade deal that would stand against a protectionist tide threatening the global economy, and make the United States think twice over pursuing inward-looking policies. Japan and the EU have been negotiating since 2013, but talks have intensified […]
$45 BILLION HEDGE FUND BOSS: Protectionism is ‘a convenient fig leaf for the shortcomings of US business leaders’
Two Sigma Add David Siegel, co-founder of $ 45 billion hedge fund Two Sigma Investments, to the list of those warning against protectionism. In an op-ed on LinkedIn, Siegel recites a recent trip to an Abu Dhabi camel farm, which he toured in a “comfortable, Japanese-made SUV.” His host explained that everyone used to drive American cars, but […]
