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US-China trade war: Washington now wants control of the renminbi-yuan

October 18, 2018 by Dennis Kefalakos Leave a Comment

The US- China trade war is now taking new dimensions, touching the very financial heart of the most populous country on earth. The Washington administration has already more or less ordered Beijing to perform unbelievable structural changes of American liking in the economy. Now they say monetary issues have to be inserted in the trade […]

Filed Under: China, Economy, EUGlobe, Policy, Trade, USA, World Tagged With: Beijing, China, dollar, Fed, industrial subsidies, industry, money parities, RMB exchange rate, RMB/Yuan, Steven Mnuchin, structural changes, Trade, trade war, US central bank, US Treasury Secretary, US-China, US-China trade war, Yuan, yuan/renminbi

US-China trade war at point of no return: Washington’s demands go beyond tariffs

August 27, 2018 by Dennis Kefalakos Leave a Comment

It seems the US-China trade conflict, if not full scale trade war, is entering the phase of no return. Nothing will be as before in the economic and otherwise relations between the two largest economies of the world. Washington appears ready to push its cause to the end, while Beijing still pretends not to understand […]

Filed Under: China, Economy, EUGlobe, Policy, Trade, USA, World Tagged With: America, America First, American President, American soybeans, bankers, banks, Beijing, China, Chinese goods, consumers, crisis, Donald Trump, extra tariffs, Finance, financial melt down, financial system, import tariffs, Liquefied natural gas, LNG, market economy, Market Economy Status, markets, producers, Shanghai Stock Exchange, Shenzhen Stock Exchange, Soybeans, tariffs, The White House, Trade, U.S. Commerce Secretary, US, US President, US-China, Wilbur Ross, WTO

Who the US and China have trade disputes with

July 8, 2018 by World Economic Forum Leave a Comment

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: John McKenna, Formative Content Not long after US tariffs on $34 billion worth of Chinese goods kicked in, the Chinese government has responded by imposing its own 5% tariff on 545 US products, also worth a total of […]

Filed Under: World Economic Forum Tagged With: China-Eu trade, EU News, The European Sting, The Sting, US China Trade, US-China, US-China trade war

Trump goes ahead with plan to undo globalization; targets China and EU

June 28, 2018 by Dennis Kefalakos Leave a Comment

Harley-Davidson motor cycles is the first American iconic company to suffer in more than one way from Trump’s action aimed at reversing the world economic order. It’s a matter of fact by now that the ‘America first’ President seems decided to overturn globalization. In doing so, apart from causing global disorder, he will embarrass a […]

Filed Under: Economy, EUGlobe, Policy, Trade, USA, World Tagged With: aluminum, Amazon, America, American President, Atlantic Ocean, Beijing, capitalism, China, Donald Trump, EU, Europe, European Union, globalization, Harley- Davidson, import levies, import tariffs, Iran, Koch Brothers, motor bikes, motor cycles, Pacific Ocean, religious nationalism, Riyadh, steel, tariffs, Tea Parties, Tehran, Tel Aviv, Trade, trade nationalism, trade war, United States, US, US President, US-China, US-EU Relations, Washington, White House, Xi Jinping