China

Quick take: Trump takes on Turkey ?

Turkeys largest imports by Nation President Trump threatened on Monday to “obliterate” Turkey’s economy if the country goes “off limits”. This comes after he tweeted his decision to withdraw US troops from northern Syria, effectively giving Turkey the green light to attack the Kurdish fighters that the Erdogan regime views as terrorists. Imposing sanctions would likely push Turkey yet closer to Russia and China, its first and third largest sources of imports ahead of the US, which comes in fifth.…

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From chess to Go: the US and China are heading towards a war of attrition

Dr. Rebecca Harding CEO, Coriolis Technologies 7th October 2019 Make no mistake, the trade war is a real thing. But it is being used as a proxy by China and the US to fight a bigger battle – one that transcends the orthodox definitions of hard and soft power, to one that incorporates sharp power – influence over finance, information, ideas, and even thoughts and behaviours. It is a fight for control of the new digital paradigm. Take last week…

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Did you see the gorilla? The how and the why of gaming trade

Rebecca Harding CEO Coriolis Technologies Over the past two years, the notion that trade has been weaponised has become mainstream thinking. Its weaponisation is rhetorical – we have seen a marked increase in the belligerent language associated with trade. Between the middle of 2017 and the end of 2018, Donald Trump used the word “win” in tweet about trade disputes one in every four days, for example. This is dangerous for the multilateralism that the world has relied on since…

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Where’s the beef? Why we aren’t out of the woods in US-EU trade talks just yet

On August 2nd, the US and the EU announced a trade deal. The two parties have been locked in discussions since Jean-Claude Juncker and Donald Trump agreed to work towards a free trade agreement in 2018. But on Friday, the EU agreed to buy 45,000 tonnes more hormone-free beef from outside of the EU over the next seven years. Around 80% of this beef will come from the US. This was announced to cheers and celebrations all round, especially on the Trump campaign trail. …

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US-China trade talks: no end in sight

Dr. Rebecca Harding, CEO As US-China trade talks resume this week, the spectre of global trade disintegration on nationalistic grounds looms ever larger. There is one month to strike a deal between the two countries before the 90-day ceasefire in tit-for-tat rhetoric expires. At stake is $200bn of Chinese exports to the US which will have tariffs of 25% imposed on them, as opposed to the 15% now. The Trump administration’s demands are that China buys more US goods, make…

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