Showing 1 - 7 of 7
Trump's China trade 'big win' will cost America
News, Michael Schuman, Published on 27/02/2019
» Donald Trump believes he is about to score yet another big win on trade, this time with China. Progress in talks with Beijing, he claims, has been so "substantial" that he's delayed a looming March 1 deadline and is likely headed for a summit with China's President Xi Jinping to finalise a long-awaited settlement.
Why Xi won't cave to Trump at G-20 meet
News, Michael Schuman, Published on 30/11/2018
» Hopes are already fading that China's President Xi Jinping and his US counterpart Donald Trump will achieve a breakthrough in their trade war during this weekend's Group of 20 summit in Argentina. Even Mr Trump poured cold water on the idea, saying only days before the conference that it was "highly unlikely" he'd hold off on a planned boost to tariffs.
US-China rift is an awfully messy affair
News, Michael Schuman, Published on 13/08/2018
» A financial adviser I know, Frank Astorino, says nothing destroys wealth like divorce. That's a warning China and the US should keep in mind as they intensify their trade war.
It's time to give China a taste of its own bad medicine
News, Michael Schuman, Published on 29/06/2018
» One of my mottos is: Don't criticise something unless you have a better idea. I've decried President Donald Trump's tariff tactics, so it's only fair I offer my own strategy for fighting a trade war with China -- one with a bigger chance of success and smaller downside risk.
Hard heads must prevail on N Korea
News, Michael Schuman, Published on 27/04/2018
» Hope is again rising on the Korean peninsula. Today, South Korea's President Moon Jae-in and North Korean dictator Kim Jong-un will hold a summit in the Demilitarised Zone that has divided the two states for 65 years. The meeting raises the prospect that this pointless and anachronistic conflict can finally be brought to an end, or at the very least, that the tensions now threatening global security and world financial markets can be reduced.
US cannot win a trade war by itself
News, Michael Schuman, Published on 22/03/2018
» As US President Donald Trump prepares a wide-ranging package of tariffs and investment restrictions targeted at China, a trade war between the world's two most important economies looks unavoidable. On the face of it, the US might seem to have the leverage it needs to win. Since it runs a huge trade deficit with China, the Chinese have a lot more to lose.
South Korea has some lessons Trump should heed
News, Michael Schuman, Published on 13/09/2017
» Advisers seem to have convinced US President Donald Trump not to trash the country's free-trade agreement with South Korea -- for now. Mr Trump himself still seems intent on extracting concessions from the Koreans and could yet withdraw from the deal. The irony is that, more than any other, South Korea's own story shows how foolish that would be.