CHINA LOOKING TO REFORM AFTER GROWING TIT 4 TAT WITH U.S.

By: Economic & Finance Report

China is still aiming to produce institutional reforms, among their “trade disputes” with the United States.  China is seeking to reform trading and international business practices with the international business community, so they can be apart of a transparent open global economy.

Talks among U.S. and Chinese officials did not amount to any agreement last month (August 2018), but talks seem to be ongoing while many experts believe nothing may come to fruition from the trade talks.

The United States believes it is gaining on the trade war against China, as Chinese economy contracts and their financial markets slow down. -SB

TRADE WAR ON HORIZON, TRUMP vs EVERYONE ELSE????

By: Economic & Finance Report

Could a possible “trade war” be on the horizon, over Pres. Trump’s aluminum & steel tariffs? It could be the case says economic and international business negotiators.

Many economists have indicated that the tariffs imposed could be detrimental to the US economy, while others believe that the impact is minimal, because the tariffs Trump is planning to issue, will only cost American taxpayers a few cents more on the dollar, to support home grown/home based manufacturers, in the steel and aluminum industries.

Gary Cohen, White House director of the National Economic Council is against imposing a tariff on steel and aluminum, while Commerce Secretary Wilbur Ross and White House National Trade Council Director Peter Navarro, are for imposing the tariffs on steel and aluminum goods & products. –SB