China’s export boom is a worrying signal that Trump’s trade war will get worse

Chinese exports to the US have risen this year as the country looks to get as many goods as possible off its shores before steeper tariffs arrive in January.

Exports grew 15.6% year-on-year, up from an original consensus of 11.7% growth. Once those tariff hikes kick in, these figures are likely to weaken, ING said.

Experts are pessimistic that the trade war will abate at this month’s G20 summit. US President Trump and Chinese President Xi Jinping are expected to meet at this year’s meeting at the end of November in Argentina. But hopes of a new trade deal between the countries have dampened on the back of negative rhetoric. This is despite booming demand from the US.

  • Publisher: Business Insider
  • Author: Callum Burroughs
  • Twitter: @businessinsider
  • Citation: Web link

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The Right Fight, The Wrong Way: A Manufacturer’s Perspective on the US-China Trade War

The U.S.-China trade war has virtually paralyzed the manufacturing sector. Businesses are hesitant to launch new products, set prices, and hire people.

That said, the Trump administration is trying to address systemic abuses in U.S.-Chinese trade relations. As CEO of a U.S. manufacturing company with operations in China, I hope to shed light on two sides of this issue and guide the Trump administration in a more fruitful direction.

Let’s consider a few questions. First, why did the Trump administration instigate this trade war? Second, what has it accomplished? Third, can the U.S. address its trade grievances in a better way?

  • Publisher: Forbes
  • Date: 2018-11-08
  • Author: Jeremy Andrus
  • Twitter: @forbes
  • Citation: Web link

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Trade War Is Hurting US Wine and Pork Exports

How China can turn the trade war into a ‘strategic opportunity’ to ascend to global leadership

For almost as long, however, Zheng has been besieged by criticism, first from the likes of University of Chicago professor John J. Mearsheimer, a realist who contends that China’s rise will inevitably lead to acts of aggression and put it on a collision course with established powers, and most recently from Harvard scholar Graham T. Allison, who warns darkly of a ‘Thucydides trap’ that threatens to drag China and the United States into a devastating war for dominance.

In the light of recent events, Zheng’s critics appear to be winning, but the old Communist theorist refuses to throw in the towel just yet.

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