Tag "US"
US-China Phase One Trade Deal: Challenges for Trade Expansion
After a year since the United States and China signed the phase one trade deal agreement, it is evident there are several systemic challenges to its full implementation. China’s decentralized governance, limitations in the deal’s dispute resolution mechanism, and failure to address structural issues in the bilateral economic relationship limit the prospects of reaching phase one goals of trade expansion. The consequent market distortions may negatively impact international trading partners, whereas China’s search for alternatives to US imports will hinder progress in subsequent negotiations.
A Premature Decision? Assessing The Potential Impact Of Us Troop Withdrawal For The Future Of Somalia
The decision of the outgoing Trump administration to pull out US troops from Somalia by 15 January has come at a particularly critical period for the East African region. This could have broader security and humanitarian implications, threatening the progress of the past decade and leaving the country exposed to the influence of regional actors.
Who will win the race to Greenland?
Greenland is the golden ticket for any state that wants to advance into the Arctic. Previously at the margins of global attention, the sparsely populated state is resource-rich and strategically located. In order to achieve full independence, Greenland must cut economic ties with its former colonial power, Denmark. Renewed global interest could be a window of opportunity to secure foreign investment. With many suitors, which path will Greenland choose and why?
The National Popular Vote Interstate Compact: using the Electoral College against itself
With memories of 2016, the relationship between the Electoral College and the Popular vote is once again set to be thrust into the limelight. With fears of another victory by a president who doesn’t have the popular vote, politicians have begun to seek a way around the system.
US: Inflationary pressures are highly unlikely
As a response to the Covid-19 outbreak, the United States unveiled a $2 trillion package in March – the largest of its kind. Aside from the expansion of debt, potential inflation has been a cause for concern. But several factors ensure that broad inflationary pressures will almost certainly be absent during the lockdown, and, likely, in the immediate period after.
China: Will the economy absorb shocks from US trade dispute?
The US-China trade war recently escalated with Donald Trump’s decision to increase tariffs on $200 billion of Chinese imports. As trade talks fail to overcome political barriers between both countries, China is feeling immediate economic pressure.
America’s Huawei challenge in Asia
The United States has undertaken a global diplomatic offensive to dissuade allies from working with the Chinese telecom firm Huawei, who has spearheaded the cutting-edge 5G network.
India’s Bid for the Nuclear Suppliers Group
Becoming a member of the exclusive Nuclear Suppliers Group (NSG) would be a major coup Modi as his government heads into general elections in 2019. While most of 48 members have endorsed the Indian bid, China continues to veto India’s ability to join the Group by stating it is not an Non-Proliferation Treaty signatory.
The end of NAFTA? Perspectives from Mexico, Canada, and the US
24 years ago, on the 1st of January 1994, the North American Free Trade Agreement (NAFTA) between Mexico, the United States, and Canada came into force superseding the former Trade Agreement between Canada and the United States.
China and India establish “oil buyers’ club” to counter OPEC
Should this “oil buyers’ club” become a reality, New Delhi and Beijing will have greater leverage to negotiate with OPEC about oil prices and will also have a significant say in matters such as importing more crude oil from the US.
