What if protecting strategic industries were the real motive behind US-China trade tensions? A strategic industry is defined as one that a country considers vital for its economic development. Strategic industries cover a wide spectrum, they include the steel industry, important commodities and the techno-driven sector, particularly those active in next-generation technology. So strategic industries are a valuable piece in the game of...
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The US-China trade war timeout could be interpreted as neither side being able to secure what they want but at least avoiding the worst-case scenario, albeit in the short term, of escalating trade tensions. So here are the main points of the US-China trade war timeout that have come from “the most anticipated dinner between the US and Chinese presidents in years”, Bloomberg. The US will leave existing tariffs on $200...
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