, 131 tweets, 146 min read Read on Twitter
#demographics #militaries #economies #currencies
#USA
- Best demographics
- Largest military
- Largest economy
- Most used currency
- Liquid financial markets
- Open capital account
- Rule of law
- Best geography
- Can be self sufficient if required
- Not trade dependent
#USA
Top trade partners as of 30 June 2018:
- China: 15.2% (strategic competitor)
- Canada: 15.1%
- Mexico: 14.6%
- Japan: 5.1%
- Germany: 4.4%

The next 10 years could result in the below:
- Mexico (25%)
- Canada (20%
- Japan (7%)
- South Korea (5%)
- Great Britain (4%)
#USA
Bring the manufacturing (jobs) home while negatively impacting China's economy.
forbes.com/sites/kenrapoz…
cebglobal.com/talentdaily/au…
irishtimes.com/business/econo…
#USA #China #TradeWars
It seems that China is now starting to show some concern about the growing trend of manufacturers looking to move out. The goal for the CCP is to keep the population employed. These developments are not supportive of employment.
#USA #China #TradeWars #Mexico
The country to most likely benefit from the disruption to US supply chains is Mexico.
#USA #China #TradeWars #Mexico #Canada
We also know that Mexico and Canada got an exemption for the steel + aluminium tariffs. #NAFTA negotiations are likely to lead to further economic integration between the nations as the US withdraws from global trade
whitehouse.gov/presidential-a…
#USA #China #TradeWars
Torsten Slok - "the point is that trade is not really important for the U.S. economy. But it is really important for #Europe and Asia and #EM.” As a % of GDP the US current account is -2.5% in 2018 vs. -6% in 2006.
#USA #China #TradeWars
We can also see that exports are growing fast than imports in rate of change terms. This is shrinking the trade deficit. The majority of the growth in exports is due to energy exports. In both real & nominal terms import growth is slowing in rate of change.
#USA
Geographically the richest & most securable in the world, with:
- One of the largest agricultural production basins in the world
- Largest interconnected river system in the world
- Ocean moats on either side
- Mountains & deserts to the South
- Forests & lakes to the North
#USA #OOTT
The U.S. has gone from a big-time net importer of oil to a small-time one. Oil’s role in the U.S. economy has changed so much and so fast thanks to hydraulic fracturing and other new methods of getting oil out of shale.
#USA #China #OOTT
More nations are now reliant on energy imports from the US. This increases the negotiating power of the US in future trade deals.
#USA #China #Germany #UK #Japan
The US is the 2nd most competitive economy in the world.
Germany is ranked 5th, UK 8th, and Japan 9th.
China is 27th.
reports.weforum.org/global-competi…
#USA #China #Germany #UK #Japan
From a corruption index standpoint the US is 16th in the world.
The UK is 8th, Germany is 12th, and Japan is 20th.
China is 77th.
#USA #China #Germany #UK #Japan
Interestingly the countries with less corruption tend to be more developed economies, have rule of law, and as such are the beneficiaries of capital inflows during times of market stress. #USD #JPY #GBP #EUR
#USA #Japn #China
The US also has the largest bond market in the world - coupled with an open capital account. In comparison, Japan has a large bond market and an open capital account but a large domestic ownership. China has a large bond market but a closed capital account.
#USA #bonds #TLT
While some may argue that the because global central banks & foreigners are no longer buying Treasuries that this is an adverse situation for the US - from a national security perspective having higher domestic ownership is better.
#USA #Europe #China #Japan
Central bank balance sheets ($ trillions):
- Fed: $4.2 trillion vs. $19.3 trillion GDP (21.7%)
- ECB: $5.4 trillion vs. $12.5 trillion GDP (43.2%)
- BOJ: $4.9 trillion vs. $4.8 trillion GDP (102%)
- PBOC: $5.4 trillion vs. $12.2 trillion GDP (44.2%)
#USA #Europe #China
The attractiveness of the US relative to Europe & China is only further enhanced by the debt issues facing them.
Italy has the biggest pile of bad debt in absolute terms.
#China
And we know how much China relies on debt to grow its economy.
Rate of change slowdown in debt growth = slowdown in economy.
#EmergingMarkets
#EM is not excused from the debt issues either. Investors are concerned with slowing growth, high debt levels, debt serviceability & exposure to trade frictions. This has led to capital flight out of #EM.
millennialmacroresearch.com/wp-content/upl…
#EmergingMarkets
We can see the impact on #EM becoming reflexive to the point of something breaking. Argentina first, Turkey second - who is next? Brazil, India, Indonesia, Philippines, Malaysia?
forbes.com/sites/kenrapoz…
#EmergingMarkets #FED #bonds
To make matters worse the US deficits are growing - to make the US more competitive, & the Fed is shrinking its balance sheet. This is shrinking global $USD liquidity = not good for the rest of the world. The weakest get hit first.
#USD #liquidity
Tighter global liquidity conditions create plenty of issues. Swap lines may be needed at some point if stress reaches levels seen during the GFC again. The question is whether the Fed will provide them as readily as it did then. There may be strings attached.
#USD #bonds #liquidity #Europe
- US deficits are projected to over a trillion going forward.
- The Treasury is maintaining a ~$400 billion cash balance at the Fed - funded by money market bills.
- Global SIFIs get squeezed as funding rates rise.
- EM gets crunched.
#USA #China #EmergingMarkets #TradeWars More news relating to manufacturing jobs leaving China.
mobile.reuters.com/article/amp/id…
#USA #China #tradewars
Tariffs are not the only part of the containment strategy that the US is undertaking against China.
scmp.com/news/china/dip…
#USA #China #India #Japan #Australia
The US, with its allies, still have the naval power to contain Chinese ambitions to breakout of the 1st line of containment. However, this is growing concern over the size of the Chinese navy.
media.defense.gov/2018/Aug/16/20…
#USA #USD $USD
The US Dollar is the king of global finance. However, while it has the power to provide growth avenues through credit induced economic growth it can also take that away very quickly when liquidity tightens. Something we are seeing right now.
#USA #China #Europe #UK
Doors are slamming shut in the developed world not just to Chinese investment in technology but potentially to a wave of acquisitions with a tech element, as diverse as smart heaters and robotic lawnmowers.
bloomberg.com/view/articles/…
#USA #bonds
“The dollar debtors out there are all scrambling to find dollars and that contributes to the dollar strength,” said Joachim Fels, global economic adviser at Pacific Investment Management Co. Meanwhile US bonds attracting huge inflows.
#USA #bonds $TLT
Foreign official holdings of #US Treasury Bonds are currently (2018) at higher levels than 2014/2015. This is despite the selling from #China & #Russia that is quoted as signalling a global shift away from the world's risk free asset. #kingdollar
#China #ChinaSlowing
On the other hand, China cannot handle any more debt.
bloomberg.com/view/articles/…
#USD #USA $USD
"The dollar was on one side of almost 90 percent of foreign-exchange transactions, according to the Bank for International Settlements. The yuan is making progress, but remains under 5 percent."
bloomberg.com/view/articles/…
#USD #USA $USD
China’s Yuan, which was added to the International Monetary Fund’s reserve basket with great fanfare a few years ago, is 1.4 percent of global foreign exchange reserves.
#tradewars #trade #USA #China
The hawks are eyeing an even more ambitious agenda, says Kennedy: A long-term disentanglement of the two economies, with the goal of bringing supply chains back from Asia to the U.S.
bloomberg.com/news/articles/…
#EuropeSlowing #ChinaSlowing #Europe #China
It is not just Germany’s economy showing signs of fatigue, as Europe’s recovery is also looking more frayed around the edges these days. Beijing should take note.
scmp.com/comment/insigh…
#USA #China #trade #TradeWars
The two countries have now targeted $50 billion of each other's goods and threatened duties on most of the rest of their bilateral trade, raising concerns that the conflict could dent global economic growth.
cnbc.com/2018/08/24/no-…
#USA #China #trade #TradeWars
“The U.S. and China are now in the most dangerous period in the past 40 years,” said Lu Xiang, Chinese Academy of Social Sciences. “Mr. Trump put a knife on our neck. We will never surrender.”
bloomberg.com/news/articles/…
#USA #Europe #Germany
"The West as we once knew it no longer exists. Our relationship to the United States cannot currently be called a friendship and can hardly be referred to as a partnership."
bloomberg.com/view/articles/…
#Germany #China More nations cracking down on foreign direct investment by China.
scmp.com/week-asia/busi…
#trade #tradewars
"For U.S.-China trade, it is going to be much more difficult to come to a short-term resolution, particularly if we sit back for a minute and look at some of the rhetoric coming out of this administration," Celico said.
h/t @FWIWmacro
bloomberg.com/news/articles/…
#trade #tradewars #NAFTA
Strong statements from #Mexico on agreement with #USA.
reuters.com/article/us-tra…
#China #ChinaSlowing
“The decline reflects the many barriers that our country’s infrastructure construction faces, and the stiff competition in low-end manufacturing while middle- and high-end sectors have relatively high bar for entry,” NDRC said.
reuters.com/article/us-chi…
#China #ChinaSlowing
China will continue to deleverage the economy but control the pace and intensity of these efforts, echoing a central bank pledge that the country won’t resort to strong stimulus to prop up growth.
reuters.com/article/us-chi…
#fundflows
$825 billion in $USD in net flows to #USA #ETFs over the last 3 years.
#tradewars #trade
#USA President Donald Trump is prepared to quickly ramp up a trade war with #China and has told aides he is ready to impose tariffs on $200 billion more in Chinese imports as soon as a public comment period on the plan ends next week.
reuters.com/article/us-usa…
#trade #tradewars
Specifically, Kudlow said, the United States was seeking “zero tariffs, zero non-tariff barriers, zero subsidies, stop the IP theft, stop the technology transfer, allow Americans to own their own companies.”
reuters.com/article/us-usa…
#trade #tradewars
“There is still an impact from front-loading of exports, but the main reason (for still-solid export growth) is strong growth in the U.S. economy,” said Zhang Yi, an economist at Zhonghai Shengrong Capital Management.
reuters.com/article/us-chi…
#trade #tradewars
The #USA and #Japan have begun discussion over #trade, saying that Tokyo “knows it’s a big problem” if an agreement cannot be reached, and that #India has also asked to start talks on a #trade deal.
reuters.com/article/us-usa…
#trade #tradewars
“I see real opportunities for the transatlantic relationship to be a force that curtails Chinese economic aggression and unfair trade practices,” Sondland said.
reuters.com/article/us-usa…
#ChinaSlowing #TradeWars “If the U.S. keeps ramping up its tariff measures against China, the export sector will face a long, hard road ahead despite government measures to mitigate the impact.
bloomberg.com/news/articles/…
#SouthKorea #USA #Trade
“The deal is done,” Trump told reporters at the White House on Wednesday. “It’s been done with South Korea for a long time. It’s been done for about two months. We’ll do a ceremonial signing over the next very short period of time.”
bloomberg.com/news/articles/…
#tradewars #China #USA
The plan being discussed would use an Obama administration executive order that allows the U.S. to impose sanctions on individuals or entities engaging in “malicious cyber-enabled activities.”
bloomberg.com/news/articles/…
US exercising its privilege as the world's reserve currency. Increased US Treasury issuance is absorbing excess liquidity at the expense of #EmergingMarkets. $USD
home.treasury.gov/news/press-rel…
#trade
Tokyo wants to avert steep tariffs on its car exports and fend off #USA. demands for a bilateral free trade agreement as #Japan is wary such an agreement would increase pressure the Japanese government to open sensitive markets such as agriculture.
reuters.com/article/us-usa…
#trade #USA
“There’s some discussions and information that we received that the Chinese government – the top of the Chinese government wished to pursue talks,” Kudlow said. “Mnuchin, who is the team leader with #China, has apparently issued an invitation.”
reuters.com/article/us-usa…
#trade #chinaslowing #growthslowing
10% tariffs on about $200 billion worth of Chinese imports, 25% by 2019. $267 billion in additional #USA tariffs if #China retaliates. Exemptions on smart phones & other consumer products.
reuters.com/article/us-usa…
#trade #TradeWars
#China will impose counter-tariffs immediately in 5-10% range on $60 billion worth of #USA goods.
bloomberg.com/news/articles/…
#trade
“European companies have for a long time been stifled by the efforts of China’s reform deficit, and now they are taking collateral damage from the #USA #China #TradeWars ,” said Mats Harborn, president of the EU chamber in China.
scmp.com/business/compa…
#USA #China
The state-owned news agencies will be required to disclose information about their annual budget and expenditures, their ownership structure and other information under the act.
bloomberg.com/news/articles/…
$USD #USD
Allowing market forces to play a larger role in determining the renminbi's value and opening up the capital account would require a complete overhaul of the country's financial system. h/t @MehulD108
ftalphaville.ft.com/2018/09/19/153…
#China #ChinaSlowing
China’s media watchdog listed eight types of content that are not allowed to be imported to China, such as violence, terrorism, incitement to crime, endangering social stability 🤣 and harmful to national sentiment.
reuters.com/article/us-chi…
#trade #USA #China
Exports to the US from China still strong at 13.2%.
Imports from US to China slowing, at 2.3% - could be negative by 4Q2018.
$SPY
Party in the #USA
#trade
#Japan is keen to avoid higher tariffs on autos, and wants to use its negotiations with the European Union for a free trade pact as a model for how it deals with the #USA, the Nikkei said.
uk.reuters.com/article/us-jap…
#geopolitics
Military experts said the balance of power between #Taiwan and #China has shifted in favour of China, which could probably overwhelm the island unless #USA forces came quickly to its aid.
reuters.com/article/us-usa…
#geopolitics #USA #China
China’s Defence Ministry has said it would recall navy chief Shen Jinlong from a visit to the United States and postpone planned talks in Beijing between Chinese and U.S. military officials that had been set for next week.
reuters.com/article/us-usa…
#trade #USA #Eurozone
“We’re still in that exploratory phase. We haven’t started any negotiations yet. People are talking to each other and we will have a new meeting in November,” Malmstrom said.
reuters.com/article/us-usa…
#trade #USA #China
“We enter into that soberly with an enormous amount of study, but the fact is that what we were doing demonstrably failed,” Lighthizer said.
reuters.com/article/us-usa…
#trade #USA #Japan
The talks will happen in two “tranches,” with the first set aiming for an “early harvest” on reducing tariffs and other barriers to trade in goods.
reuters.com/article/us-usa…
#trade #tradewars #ChinaSlowing
The cuts on over fifteen hundred industrial products are expected to lower costs for consumers and companies by about 60 billion yuan this year. The overall tariff level will be reduced to 7.5% in 2018 from 9.8% in 2017.
reuters.com/article/us-chi…
#geopolitics #USA #Europe #Iran #OOTT
"We will be watching the development of this structure that doesn’t exist yet and has no target date to be created. We do not intend to allow our sanctions to be evaded by Europe or anybody else.”
reuters.com/article/us-ira…
#ChinaSlowing #trade
A #US-led trade system that excludes #China would be the worst-case scenario for Beijing because such a structure could lead to fundamental realignments of international economic relations and global value chains
h/t @CurrencyWar1
scmp.com/economy/china-…
$USDCNY
“There is a material chance that the #US could label #China. The US administration can make a judgement that China is not doing enough to address the weakening of the yuan, even if it was market driven this year,” Goh said.
scmp.com/business/money…
#hongkong
“After discussing with the various chambers of commerce for the 9th time in the last 7 or 8 months, I think the general consensus is that the dispute between the #US and #China over trade is unlikely to be resolved in a short period of time.”
scmp.com/news/hong-kong…
#commodities #USA #agri
“There’s a hungry world out there besides #Canada, besides, #China, and we’re pursing that aggressively,” he added, saying the administration was seeking out new agreements with the European Union, #Japan and #India, among others.
reuters.com/article/us-usa…
#geopolitics
“A key finding of this report is that #China represents a significant and growing risk to the supply of materials and technologies deemed strategic and critical to #US national security,” the report said.
h/t @erickarlos
reuters.com/article/us-usa…
#trade
If the #EU and #Japan signed on to provisions similar to the one in the new #US-#Mexico-#Canada Agreement (USMCA), it would signal that they are fully aligned with Washington in trying to increase pressure on #China.
reuters.com/article/us-usa…
#trade $USDJPY #USA
Along with fears of being slapped higher tariffs on auto exports, #Japan worries about having its hands tied on addressing sharp yen rises that hurts its export-reliant economy.
reuters.com/article/us-imf…
#USA
“If they’re put back in the proper place they would be if they weren’t allowed to steal our #technology, their #military capabilities would be substantially reduced. And a lot of the tensions we see caused by #China would be reduced,” Bolton said.
reuters.com/article/us-usa…
#tradewars #USA #Europe
“I think there is a broad view growing in the West that #China has in some ways taken advantage of the system,” said Charles Dallara.“It reminds me of the view in the West of #Japan in the 1980s, very much so.”
reuters.com/article/us-imf…
#trade #USA #China
U.S. officials said the administration sought to revise the treaty in Sept and was rebuffed by other nations, prompting the decision to withdraw.
bloomberg.com/news/articles/…
#trade #militaries
@erickarlos
This is the second presidential meeting in as many weeks for executives from $LMT, $BA, $NOC and $GD to discuss their supply chains. The #USA military depends on foreign countries, especially #China, for critical materials.
reuters.com/article/us-usa…
#trade #EU
The #USA share of that quota has slipped to less than 30 percent in the year to the end of June, according to the U.S. Meat Export Federation (USMEF). #Australia and #Uruguay, and more recently #Argentina, have steadily increased their shares.
reuters.com/article/us-usa…
#trade #tradewars
Japanese motor supplier Nidec said on Tuesday that it will move some production out of #China, joining Panasonic and other companies, including Chinese ones, in an exodus to Southeast Asia and #Mexico over concerns on #US #tariffs.
asia.nikkei.com/Economy/Trade-…
#trade #tradewars
Sixty-four percent of the companies said they were considering relocating production lines to outside of #China, but only 1 percent said they had any plans to establish manufacturing bases in North America.
reuters.com/article/us-usa…
#trade #tradewars
"it will be increasingly important for (#German) companies to closely examine the risks of their engagement in #China and to minimize their dependence by diversifying supply chains, production sites and sales markets.”
reuters.com/article/us-ger…
#trade #tradewars #USA
“No country presents a broader, more severe threat to our ideas, our innovation, and our economic security than #China,” FBI Director Christopher Wray said in a statement.
reuters.com/article/us-usa…
#trade #tradewars
“If we can open up China and make it fair, for the first time ever — this should have done years ago by other presidents but it wasn’t — I am very much willing to do it. But China very much wants to make a deal,” he said.
reuters.com/article/us-usa…
#trade #tradewars
🤔
“There’s no mass movement, there’s no huge thing. We’re not on the cusp of a deal,” Kudlow told CNBC. He added that the administration had not seen any new offer from #China.
reuters.com/article/us-usa…
#Germany #USA #militaries
The U.S. government has approved integration of the U.S. Patriot PAC-3 MSE missile into a next-generation German missile defense system
reuters.com/article/us-loc…
#trade #tradewars
The growing support for the U.S. initiative will add to pressure on China and India to accept reforms.
reuters.com/article/us-usa…
#trade #USA #China
“We will continue to do everything in our power under U.S. law to restrict the flow of dumped or subsidized goods into U.S. markets,” said Commerce Secretary Wilbur Ross in a statement.
reuters.com/article/us-usa…
#geopolitics #USA #EU #Russia
The United States could yet impose new sanctions to try to block construction of the Russian Nord Stream 2 gas pipeline across the Baltic Sea to the European Union, the U.S. ambassador to the EU.
reuters.com/article/us-eu-…
#geopolitics #China
The behind-the-scenes push in Berlin, which comes after decisions by #Australia and #USA to ban Chinese suppliers from 5G, has emerged at a late stage, with #Germany expected to start its 5G auctions in early 2019.
reuters.com/article/us-ger…
#trade #geopolitics
For security reasons and in the interest of retaining America’s crown as the world’s technological superpower, Mr Trump and the hawks who surround him are intent on “decoupling” much of the #US supply chain from #China.
ft.com/content/389a92…
#geopolitics #USA #China
China’s global rise has “undoubtedly put at risk the national security and economic interests of the United States, its allies, and its partners”, according to a commission that advises the US Congress on national security.
scmp.com/news/china/dip…
#trade #tradewars #USA #China
“Ambassador Lighthizer has made no representations to industry executives that future Section 301 tariffs are on hold”. “The plan for the tariffs has not changed at all. Any reports to the contrary are incorrect.”
reuters.com/article/us-usa…
#trade #tradewars #China #Europe
Concerns are mounting across the western world about national-security risks tied to foreign investment, particularly by China
bloomberg.com/news/articles/…
#trade #tradewars #geopolitics
Singapore Prime Minister Lee Hsien Loong echoed those fears last week, saying tensions between the #USA and #China are rising to a point where Southeast Asia may one day have to “choose one or the other.”
bloomberg.com/news/articles/…
#trade #tradewars
44% of German firms expect a further escalation of trade tensions between Europe and the #US which is likely to continue to dampen new investments. 41% of firms surveyed considered it unlikely that the US & the #EU would reach agreement.
reuters.com/article/us-ger…
#trade #tradewars
#China had not responded “constructively” to the initial section 301 reports & failed to take any substantive actions to address #USA concerns. China had made clear it would not change its policies in response to the investigation.
reuters.com/article/us-usa…
#trade #tradewars
#US Trade Representative Robert Lighthizer said on Wednesday that he was examining all available tools to raise U.S. tariffs on Chinese vehicles to the 40 percent duties that #China is now charging on U.S.-produced vehicles.
cnbc.com/2018/11/29/tru…
#trade #tradewars
“In fact a total of $369 billion of Chinese exports have faced new US trade distortions this year. Once the full range of U.S. trade distortions is taken into account, a third more Chinese exports are implicated in this year’s trade war.”
reuters.com/article/us-usa…
#geopolitics
#US authorities see ample reason for closer scrutiny, pointing to recently publicized cases of espionage, or alleged espionage, linked to former students from LSU, Duke,and the Illinois Institute of Technology in Chicago.
reuters.com/article/us-usa…
#trade #tradewars
Trump agreed not to boost tariffs on $200 billion of Chinese goods to 25% on Jan. 1 as previously announced, while Beijing agreed to buy an unspecified but “very substantial” amount of agricultural, energy, industrial and other products.
reuters.com/article/us-g20…
#trade
“Chinese buyers who want to buy U.S. crude will rush to import the oil during this window. Oil prices are low, so it makes economic sense to store some crude as commercial inventories,”
reuters.com/article/us-usa…
#Japan #USA #militaries #geopolitics #trade
Purchases of American-made equipment could help Tokyo ease trade friction with Washington as the U.S. pushes Japan to buy more American goods, including military gear.
reuters.com/article/us-jap…
#trade #tradewars #China
"When I talk to the president of the #USA he is not talking about going beyond March. The way this is set up is that at the end of 90 days, these tariffs will be raised,” said Lighthizer.
reuters.com/article/us-usa…
#militaries #USA
The $750 billion would be even more than the $733 billion request that the Pentagon had been expected to make for fiscal year 2020. It is also well above a $700 billion figure Trump cited in October.
reuters.com/article/us-usa…
“No country poses a broader, more severe long-term threat to our nation’s economy and cyber infrastructure than #China, China’s goal, simply put, is to replace the #US as the world’s leading superpower, and they’re using illegal methods to get there.”
reuters.com/article/us-chi…
#trade #China #USA
China’s trade surplus with the United States rose to $323.32 billion last year, the highest on record going back to 2006. Trump might have something to say about this though I doubt he blames his own policies that caused front running.
reuters.com/article/us-chi…
#China #USA #tradewars
Investment into the United States fell by 83 percent but, by contrast, grew by 80 percent into Canada. In Europe, despite an overall decline, Chinese FDI into countries like Germany, France and Spain also actually grew.
reuters.com/article/us-chi…
#USA #Germany #Russia
“The letter reminds that any company operating in the Russian energy export pipeline sector is in danger under CAATSA of U.S. sanctions,” the embassy spokesman said.
reuters.com/article/us-ger…
The $USD is the preferred #currency for international trade because it is one of the least volatile and so less prone to a sudden depreciation. In bilateral #trade with #China, about 14%of payments are already done in #Yuan, and about 7-8% in the #Rouble.
scmp.com/economy/china-…
#trade #tradewars
“The threat of tariffs is not going away, even if there is a deal,” said one of three sources briefed on the talks who spoke with Reuters on condition of anonymity.
reuters.com/article/us-usa…
#trade #tradewars
Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback. Lighthizer has resisted the idea, and the proposal had not yet been introduced to Trump, according to the WSJ.
reuters.com/article/us-usa…
#trade #tradewars
Chuck Grassley, a US senator, said that, according to a briefing he received from Mr Lighthizer, “there has not been any progress made on structural changes that need to be made”.
ft.com/content/466cc9…
#trade #tradewars #growthslowing
“Last year’s exceptional volumes were mainly driven by US importers’ front loading efforts aimed at beating the 1 January deadline for a 25% tariff on Chinese imports,” said Alphaliner.
theloadstar.co.uk/transpacific-v…
#trade #tradewars #USA #China
“There is a very large group coming. There’s been a lot of anticipatory work done but we’re miles and miles from getting a resolution and frankly that shouldn’t be too surprising,” Ross said.
reuters.com/article/us-usa…
#trade #tradewars #USA #China
“Container transport grew 4 percent in 2018, which is a bit more than growth in the global economy. So we can’t say we’ve seen any real negative impact from the row between the United States and China,” Skou said.
reuters.com/article/us-dav…
#trade #tradewars #USA #China
“We’re seeing unprecedented levels of cargo. We have seen particularly heavy volumes in recent months, warehouse space is at a premium and there have been issues with chassis availability.”
theloadstar.co.uk/us-deliveries-…
#trade #OBOR #geopolitics
Nissan Corp and Sinotrans are looking to sea-rail shipments from Yokohama to Hamburg through #China and Central Asia. #Japan sees this as an important trade strategy to build options to trade via the Suez Canal due to ME tension.
theloadstar.co.uk/chinas-belt-an…
#ChinaSlowing #tradewars
US tariffs that have already been imposed could crimp China’s economic growth rate by 0.5 percentage point in 2019, worsening to a full percentage point if all bilateral trade were to be taxed at a higher tariff rate.
scmp.com/business/artic…
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2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

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