The trade war between US and China has shocked the world. With this PPT, we tried to gauge the effects of the trade war on the economies of both countries, while also looking at the implications it has had on the trade between India-US and India-China. Finally, we attempt to single out the winner of the trade war.
A systematic approach to the 'Trade War' from accusation to events and consequences. I've kept it relatively simple as the presentation was meant for undergrad students.
The founder of Alibaba Jack Ma said that the war will continue for 20 years. The trade war takes a new tern to a war of supremacy of technology. It has been presumed that the next new administration in Washington even cannot withdraw the trade war and it will continue till the raise of China to number one economy of the world toppling USA or until loss of relevance of such war to both the parties.
A systematic approach to the 'Trade War' from accusation to events and consequences. I've kept it relatively simple as the presentation was meant for undergrad students.
The founder of Alibaba Jack Ma said that the war will continue for 20 years. The trade war takes a new tern to a war of supremacy of technology. It has been presumed that the next new administration in Washington even cannot withdraw the trade war and it will continue till the raise of China to number one economy of the world toppling USA or until loss of relevance of such war to both the parties.
The ongoing tradewar between US and China is reaching alarming proportions and has to be seen as a war for international supremacy in Technology and Power
Understanding the US-China Trade Relationship Peachy Essay
The US-China Business Council (USCBC) is pleased to have commissioned this study by Oxford Economics on the overall impact of China on the US economy.
During last year’s election campaign, the negative impact of trade with China, such as estimates of jobs lost, received considerable attention. In most cases, the presented data fails to provide a balanced assessment that incorporates the positive effect of the commercial relationship with China. Presenting only the negative impact and ignoring the jobs created, lower inflation, and other benefits of trade with China can lead to policies based on incomplete or misleading information.
Causes and possible consequences of the us china trade warHüseyin Tekler
When we look at the history of the known humanity, it appears that people started living in communities and that private property has emerged due to the progress of historical conditions. One of the consequences of this outcome is that world history is the scene of many wars and destruction. When it comes to war, it is armed struggles that take place between countries or political groups that come to mind first. Looking at this perspective, we see that the historical development process is also seen as the great majority of battles take place as physical battles, but it has become possible to say that, with great physical battles, technological and economic developments, sword-fighting and armed wars have begun to shift to economic and cultural wars. This new form of war has begun to take place on the stage of history on the basis of economic instruments. As an example of economic warfare, protectionism can be shown by countries in the direction of their own economic interests. It would not be wrong to say that the currency wars and the wars of trade that brought about by the protectionist policies of the countries, especially in the crisis period, will be the most important economic problem of our time. Throughout history, all wars have led to great destruction, and generally underdeveloped countries and poor countries have been affected by these destructions, and it is not wrong to say that the economic wars, as well as physical wars, will effect the least developed countries and the poor countries.
In this analysis, in the light of the historical background of protectionism, a trade war and the possible consequences of this war, which could be caused by the mutually elevated trade walls of the US and China, were examined.
On June 23rd 2016 the UK voted in a referendum to leave the European Union.
Prime Minister David Cameron resigned the morning after the vote
A few weeks later, Theresa May was elected leader of the Conservative Party and new Prime Minister.
The terms of the UK’s new economic relationship with the EU remain uncertain.
Hard Brexit
Means that the United Kingdom leaves the EU Single Market and trades under World Trade Organization rules
Under WTO rules, each member must grant the same market access—including charging the same tariffs—to all other members as the most favoured nation
Soft Brexit
Involves the option of staying in the Single Market (like Norway)
As a member of the European Economic Area (EEA), Norway has a free trade agreement with the European Union, which means that there are no tariffs on trade between the two
China being the second largest force after USA, devalued their currency.
Chinese Currency - Yuan
Devaluation Rate = 15 – 20%
Devaluation made by last August ’15
WTO = INDIA, CHINA, USA & BRICS RELATIONArmaan Anand
history of WTO, IMPACTS OF WTO ACCESSION ON CHINA, IMPACT ON US-CHINA & INDIA-CHINA, IMPORT EXPORT RELATION (US, INDIA & CHINA), BRICS- (BRAZIL, RUSSIA, INDIA, CHINA AND SOUTH AFRICA) REFERENCES, CONCLUSION of position of India china and USA on WTO, inter relation of major economies in WTO, WTO stance towards USA INDIA and CHINA, INDIA's stance against/for CHINA and USA @ WTO, BRICS, What is BRICS, Importance of BRICS, Position of countries in BRICS, CHINA's WTO commitments, Impact of WTO on CHINA, IMPACT ON US-CHINA & INDIA-CHINA, What Has USA Imposed on China or INDIA at WTO, IMPORT EXPORT RELATION (US-CHINA & INDIA-CHINA) , IMPACT ON BRICS
The ongoing tradewar between US and China is reaching alarming proportions and has to be seen as a war for international supremacy in Technology and Power
Understanding the US-China Trade Relationship Peachy Essay
The US-China Business Council (USCBC) is pleased to have commissioned this study by Oxford Economics on the overall impact of China on the US economy.
During last year’s election campaign, the negative impact of trade with China, such as estimates of jobs lost, received considerable attention. In most cases, the presented data fails to provide a balanced assessment that incorporates the positive effect of the commercial relationship with China. Presenting only the negative impact and ignoring the jobs created, lower inflation, and other benefits of trade with China can lead to policies based on incomplete or misleading information.
Causes and possible consequences of the us china trade warHüseyin Tekler
When we look at the history of the known humanity, it appears that people started living in communities and that private property has emerged due to the progress of historical conditions. One of the consequences of this outcome is that world history is the scene of many wars and destruction. When it comes to war, it is armed struggles that take place between countries or political groups that come to mind first. Looking at this perspective, we see that the historical development process is also seen as the great majority of battles take place as physical battles, but it has become possible to say that, with great physical battles, technological and economic developments, sword-fighting and armed wars have begun to shift to economic and cultural wars. This new form of war has begun to take place on the stage of history on the basis of economic instruments. As an example of economic warfare, protectionism can be shown by countries in the direction of their own economic interests. It would not be wrong to say that the currency wars and the wars of trade that brought about by the protectionist policies of the countries, especially in the crisis period, will be the most important economic problem of our time. Throughout history, all wars have led to great destruction, and generally underdeveloped countries and poor countries have been affected by these destructions, and it is not wrong to say that the economic wars, as well as physical wars, will effect the least developed countries and the poor countries.
In this analysis, in the light of the historical background of protectionism, a trade war and the possible consequences of this war, which could be caused by the mutually elevated trade walls of the US and China, were examined.
On June 23rd 2016 the UK voted in a referendum to leave the European Union.
Prime Minister David Cameron resigned the morning after the vote
A few weeks later, Theresa May was elected leader of the Conservative Party and new Prime Minister.
The terms of the UK’s new economic relationship with the EU remain uncertain.
Hard Brexit
Means that the United Kingdom leaves the EU Single Market and trades under World Trade Organization rules
Under WTO rules, each member must grant the same market access—including charging the same tariffs—to all other members as the most favoured nation
Soft Brexit
Involves the option of staying in the Single Market (like Norway)
As a member of the European Economic Area (EEA), Norway has a free trade agreement with the European Union, which means that there are no tariffs on trade between the two
China being the second largest force after USA, devalued their currency.
Chinese Currency - Yuan
Devaluation Rate = 15 – 20%
Devaluation made by last August ’15
WTO = INDIA, CHINA, USA & BRICS RELATIONArmaan Anand
history of WTO, IMPACTS OF WTO ACCESSION ON CHINA, IMPACT ON US-CHINA & INDIA-CHINA, IMPORT EXPORT RELATION (US, INDIA & CHINA), BRICS- (BRAZIL, RUSSIA, INDIA, CHINA AND SOUTH AFRICA) REFERENCES, CONCLUSION of position of India china and USA on WTO, inter relation of major economies in WTO, WTO stance towards USA INDIA and CHINA, INDIA's stance against/for CHINA and USA @ WTO, BRICS, What is BRICS, Importance of BRICS, Position of countries in BRICS, CHINA's WTO commitments, Impact of WTO on CHINA, IMPACT ON US-CHINA & INDIA-CHINA, What Has USA Imposed on China or INDIA at WTO, IMPORT EXPORT RELATION (US-CHINA & INDIA-CHINA) , IMPACT ON BRICS
Distinguished policy makers, prominent academics, think tank experts, and practitioners from the Organisation for Economic Cooperation and Development (OECD), the ASEAN +3 Macroeconomic Research Office (AMRO), the Asian Development Bank, the Asian Development Bank Institute (ADB/ADBI) and the Economic Research Institute for ASEAN and East Asia (ERIA) convened a two day event in Jakarta to discuss issues at the fore of recent economic development in Asia. The 7th OECD-AMRO-ADB/ADBI-ERIA Asian Regional Roundtable on Macroeconomic and Structural Policies, a T20 Japan Associated Event, took place from 18-19 June 2019 at ERIA’s offices. Dr Amalia Adininggar Widyasanti, Senior Advisor to the Minister of National Development Planning for Economic Synergy and Financing, looked at what the region should do to respond to an unending trade war, noting that the ‘trade war’ is actually multiple trade wars.
Quais os reflexos dessa crescente rivalidade estratégia sobre as economias chinesa e mundial?
ARTHUR R. KROEBER
Chefe de pesquisa na Gavekal (Hong Kong) e fundador da Gavekal Dragonomics. Atuou como jornalista financeiro e econômico na China e no Sul da Ásia. É membro do Comitê Nacional de Relações EUA-China e Senior Fellow não-residente do Brookings-Tsinghua Center. Autor do “China’s Economy: What Everyone Needs to Know”(2016), é editor do China Economic Quarterly e professor adjunto da Escola de Relações Internacionais e Públicas da Universidade de Columbia.
The trade landscape, as we know it, is changing: Is India prepared?aakash malhotra
In report of August 2022, Deloitte India discusses the crucial changes occurring in the Indian economy and how exports contribute to India's GDP and vision of becoming a US$5 trillion economy.
this ppt is regarding globalization and it's impact on indian economy, i had made this for my business enviroment programme.
plz leave a comment about this if you like it.
The United States Turns Inward: Thoughts on US Trade Policy and US-Asian Trade Relations by Keith Maskus
http://iems.ust.hk/events/insights/maskus-united-states-turns-inward-thoughts-on-us-trade-policy-and-us-asian-trade-relations
The trade connection between the US and China has been quite possibly one of the most complex and significant across the globe. As the world's two biggest economies, their respective trade has critical ramifications for worldwide trade and international relations.
The Washington Council on International Trade (WCIT) is dedicated to growing our state's economy through public policies favorable to expanded opportunities in the global marketplace. WCIT members are farmers, manufacturers, retailers, service providers, non-profit organizations and individuals who support a strong trade policy that benefits Washington’s small, medium and large companies and creates jobs for Washington residents.
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
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Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
3. WHAT IS A TRADE
WAR
US-CHINA TRADE
EFFECTS ON
GLOBAL ECONOMY
Future
BACKGROUND
TIMELINE OF
EVENTS
Implications for
india
4. What is a Trade War?
A trade war is an economic conflict between countries. This results in both countries imposing trade
protectionist policies against one another in the form of trade barriers.
These barriers can be imposed in a number of different ways, including but not limited to tariffs,
import quotas, domestic subsidies, currency devaluation, and embargos.
As each country imposes a trade barrier, the other country will retaliate with another policy. This
creates the “warring” concept.
5. Background
China had overtaken US in terms of GDP PPP in 2014,
and US viewed it as a threat to its global hegemony
US trade deficit had been continuously increasing
with China reaching an all-time high of ~$420B
6. Former US President Donald
Trump had won in the elections
in 2016 mainly riding upon the
sentiments of people in the
industrial belt wherein he had
repeatedly insisted that the
Chinese were taking away
manufacturing jobs and
“cheating” the United States.
7. Top US Exports to China
● The overall U.S. goods and services trade deficit with China was $285.5 billion in
2020.
● The U.S. goods trade deficit with China was $310.3 billion(9.9 percent decrease over
2019) whereas US has a services trade surplus of $24.8 billion with China down
37.3 percent from 2019).
● The top export categories (2-digit HS) in 2020 were:
■ electrical machinery ($17 billion)
■ agricultural products ($26.5 billion)
■ machinery ($14 billion)
■ mineral fuels ($10.0 billion)
■ optical and medical instruments ($9.5 billion).
8. Top US Imports from China.
● U.S. goods imports from China totaled $434.7 billion in 2020 (down 3.6 percent from 2019).
● Major imports included:
■ Telecommunications and other wireless networking apparatus ($48.50 billion)
■ Games and toys ($17.70 billion)
■ Furniture ($8.45 billion)
11. Demand: Market Access
● Lower tariff and non-tariff barriers on US exports.
● Reduce 300B$+ trade deficit
● Stop subsidizing companies
Demand: IP Reform
● End forced tech transfers for Joint Ventures
● Greater intellectual property rights enforcement
● Stop cyber intrusions into US govt. and private
companies
Demand: Enforcement mechanism for deal
● Tariffs gradually removed to ensure compliance
● Tariff “snap-back” if China reneges on commitments
● References to specific Chinese laws that must be
changed
Response:
● Resumed purchases of US soybeans, rice and LNG
● Cut tariffs on US cars and agricultural goods
Response:
● Announced new expanded punishments for IP
infringement
● Pledged to treat state, private and foreign firms equally
● Considering a law that would forbid the practise of
forced tech transfers
Response:
● Considering removal of all tariffs
12. The trade war caused economic pain on both sides and led to diversion of trade flows away from
both China and the United States.
● Meanwhile, the U.S. goods trade deficit with China continued to grow, reaching a record
$419.2 billion in 2018. By 2019, the trade deficit had shrunk to $345 billion, roughly the same
level as 2016, largely as a result of reduced trade flows.
● While the U.S. deficit with China decreased, its overall trade deficit did not. Trump’s unilateral
tariffs on China diverted trade flows from China, causing the U.S. trade deficit with Europe,
Mexico, Japan, South Korea, and Taiwan to increase as a result.
16. Implications for India
● The United States and China are major trade partners of India in international business and
can fulfill the huge gap of trade deficit through export.
● Diversification of investment flows in automobile, agriculture, equipment, healthcare,
electronics & garments manufacturers to seek India as one of the sound alternative
manufacturing destinations.
● India can seek more opportunities in the enhancement of information and communication
technology, eCommerce, the chemical industry, outsourcing, and the automotive sector.
● Some of the key factors of Indian economy are emerging economy, highly skilled manpower,
huge market size, business outsourcing, stability in the growth.
17. Opportunities
for
India vis-a-vis USA
vis-a-vis China
India can become USA’s go to
textile exporter
India can increase its export of
precious gems and jewellery
India can export its surplus
agricultural produce such as corn
and soybean
India can become China’s software
industry partner
18. Future
● In today’s era of globalization and integrated supply chains, the US-China Trade
War has related in significant contagion effects throughout the world.
● India saw the sharpest decline in GDP growth rate in Q4 of the fiscal year 2019-
20 due to the trade war amongst other reasons.
● Though, India is still set to gain from this trade war lest it plays its cards right.
For that India will have to reform its existing land and labor laws. This will
improve India’s Ease of Doing Business and promote competitiveness.