At the end of the G20 summit in Argentina - last November, US President Donald Trump went out to announce to everyone a ninety-day trade truce with China that runs from the first of December 2018 until the first of March 2019 and stressed then if it did not happen Reaching a comprehensive trade agreement with Beijing by the end of the armistice, further tariffs will be imposed another up to 25% on China's imports to the United States of America.
Trump's sharp tones have long subsided over the length of the armistice negotiations and have turned into an optimistic depositary tone with no declared basis in a historic trade agreement with China that has kept its yellow smile and usual patience in the five rounds of negotiations between Beijing and Washington ... On the media side, the world's screens have been watching an hour Zero with the approaching of the first of March, which Trump described before his arrival as an unholy date, or either to conclude a historic agreement or not at all ... rather, the customs duties are fixed at the limits of 10% and open the negotiating horizons indefinitely under the pretext of discussions between The two sides, and later that Trump administration failed twice this year Tip of the summit meeting between him and his Chinese counterpart to announce the alleged trade agreement, other than the failure of the Hanoi summit between Trump and the leader of North Korea, backed by the Beijing
It is noteworthy that China, which is fluent in the rules of the game, went at the same time as the arduous negotiations to invade America's allies in various European countries currently with Trump's trade directions ... and within only six days China included Italy for its Belt and Road project and contracted a military deal with France by about $ 30 billion The European Union was somewhat reassured about the future of trade relations ...
And with the repercussions of interlocking scenes, expectations expanded to the second half of 2019 to exit a comprehensive trade agreement of seven chapters between America and China, which US Treasury Secretary Stephen Mnuchin recently described as the most important change in trade relations in forty years, and even increased in implicit criticism of President Trump that The negotiations are going well in their final episodes much better than imposing an arbitrary date
Here we have a pause in which we contemplate despite the momentum of what the scenes conceal about the extent of the American administration’s absorption of the preceding China’s missile strength. Weak ... In contrast, China, with its commercial strength, was not already present among the top ten globally and appeared for the first time in 1983 as a potential competitor in the eighth position with an output that did not exceed the limits of $ 225 billion, which was about 16 times away from its current competitor, the United States of America.
The scene has completely changed with the growth of China's GDP during the past 36 years by about 57 times, to exceed the limits of $ 13,000 billion today ... If the differences in speeds, capabilities, movements, timings and expectations are completely in favor of China, which is logical to determine is not the US administration A date for announcing any commercial agreement, and even imposing its vision consistent with its future plans,
Here, Trump's trade wars on multiple fronts around the world do not seem more than loud American cries to confirm supremacy and the commercial presence threatened by the expanding Chinese brightness, inevitably, especially between developing countries and the middle classes around the world and strategic sectors in developed countries alike, and may confirm This is the expectations of the International Monetary Fund ...
UAE's Mubadala leads a $400 million financing round for German insurance company Wefox
Wefox, an insurance technology company founded by former emp.. Read more
Saudi Arabian Centers distributes dividends to shareholders for the second half of 2022 with a total of 356.25 million riyals
Arabian Centers Company has approved the distribution of cas.. Read more
The largest sovereign funds: "Abu Dhabi Investment Authority" advances to third place globally, with assets of $708.8 billion
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Accumulated losses place Emirati companies on the "second category" screen, pending anonymity
Special Report - (Namazone): A group of companies listed.. Read more
Details 142 Saudi initiative to face the consequences of "Corona" B214 billion riyals
Special Report (Nmazzon): The government announced that.. Read more
Will gold remain a safe haven asset?
Gold has long been a source of controversy and contention am.. Read more
Global trade is expected to decline in the coming months
The economics department of Qatar National Bank (QNB) said t.. Read more
Analysis .. How will major central banks respond to the increasing cases of financial instability?
The global macroeconomic environment is experiencing some of.. Read more
The euro is below the dollar .. the lowest level in 20 years
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Arbitrary date!
NamaaZone " The Power of Knowledge"
Analysis Service |
Its a free service for technical consultation provided by NamaaZone to the website visitors. |
Open account Request |
NamaaZone provides a range of integrated trading solutions in local and global financial markets |