Trade War

America's first major trade war occurred in 1930 when the Smoot-Hawley Tariff Act increased imports tariffs from 40 to 59 percent. (Image: Pixabay /  CC0 1.0)

What Are Tariffs and Trade Wars?

Free and open trade between countries is a crucial ingredient that can help to maintain a real-world marketplace. Many states have strong trade partnerships, and that creates a win-win situation for them. But still, there are countries that cannot agree…

Wang Qishan, Vice-President of China, made statements indicating that Beijing is ready for talks with America to end the trade war. (Image: Screenshot / YouTube)

China Seeks Talks to End Trade War

Beijing has indicated that it is ready for talks with America to end the trade war and arrive at a mutually-beneficial agreement. Reports also indicate that the Chinese leadership might be considering opening up the economy and allowing more foreign…

The Chinese stock market has been on a slump in recent times as tensions regarding growth keep investors away from betting on the economy. (Image:  
Robert Scoble via  flickr  CC BY 2.0 )

Losing the Economy or Losing Face?

The Chinese stock market has been on a slump in recent times as tensions regarding growth keep investors away from betting on the economy. Experts predict that the situation could get worse if Beijing does not end the trade war…

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What Are Tariffs and Trade Wars?

Free and open trade between countries is a crucial ingredient that can help to maintain a real-world marketplace. Many states have strong trade partnerships, and that creates a win-win situation…

loading...

China Seeks Talks to End Trade War

Beijing has indicated that it is ready for talks with America to end the trade war and arrive at a mutually-beneficial agreement. Reports also indicate that the Chinese leadership might…

loading...

Losing the Economy or Losing Face?

The Chinese stock market has been on a slump in recent times as tensions regarding growth keep investors away from betting on the economy. Experts predict that the situation could…

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China Playing All Cards Against US Trade Sanctions

Under pressure from U.S. tariffs that have critically hit their exports, Beijing will reportedly seek the permission of the World Trade Organization (WTO) to impose sanctions against the United States.…