Market Review and Trends
Trade Wars Are Good… And Easy to Win! Not When you are Facing the Chinese…
By Xeolyenomics - The Game of Economics  •  April 11, 2018
The trade war initiated by President Trump escalated in the month of March as he instructed the US government to devise a plan and impose a tariff on $50 billion dollars worth of goods targeted at China. Unfair trade practices, stealing of US technology and intellectual properties are some of the reasons stated for the implementation of the tariff, in an attempt to narrow the $385 billion trade deficit with China.  In retaliation, the Chinese government implemented a 25% on 128 U.S. products, ranging from wine to soya beans. As of now, the proposed tariffs are just threats which will only be implemented come June 2018. Meanwhile, diplomats from both countries scramble to nail some form of agreement together, in order to let both superpower retreat from a devastating trade war with their face intact. Meanwhile, President Trump and President Xi took to the media to denounce the unfairness of the treatment to their respective countries ......
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By Xeolyenomics - The Game of Economics
Xeolyenomics is essentially a lighthearted blog that talks about my observation about my world, primarily in the world of finance, game design, entrepreneurship and some of the humorous stuff that happened to me ...
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