merchbank
The effects of a trade dispute can be devastating

Trade wars: An old hope

David Page (AXA IM) |  We believe the US has been using tariffs primarily as a negotiation tool; China appears a special focus. But domestic political motives also appear to be a driver.



The effects of a trade dispute can be devastating

Markets Already Fear Trade Dispute Will Impact Growth

Global GDP could contract given that reduced production translates into reduced demand for non commercial goods – for example US services which are not exported – which impacts in a contraction of demand. Idem in the other countries. In other words, the decline will be in global demand, not just in comercial but all.

Read More





China lowered its average tariff on imports after it joined the WTO

Why China Hasn’t Broken WTO Rules

Yu Yongding  via Caixin | Has China violated the rules of the World Trade Organization (WTO) as the U.S. has said? The most reliable answer should be from the WTO itself. On the 10th anniversary of China’s entry to the organization, former WTO Director-General Pascal Lamy said in an interview with the U.S. magazine China Business Review that “China has done really well in terms of implementing its long list of commitments, although no country is above criticism.”

Read More