Why is India allergic to ambitious free trade agreements?

India belongs to the caste of the world’s foremost emerging economies, the BRICS. But, because of its allergy to join any free trade agreement that is ambitious, India is an outcast among the BRICS. This allergy prevents India from achieving what both Prime Minister Narendra Modi and President Donald Trump could rightly call “the deal of the century” – an Indo-American FTA.

China at 70: The Chinese Communist Party's ideological contradictions

The first day of October matters for a reason more profound than it marks the scheduled increase from 25 percent to 30 percent in tariffs the U.S. levies on Chinese merchandise in the 18-month long U.S.-China Trade War. On Oct. 1, 2019, the Chinese Communist Party celebrates seven decades of rule over Mainland China, including since July 1, 1997, over Hong Kong.

Could Donald Trump force US firms out of China? Pretty much

To hear President Donald Trump, trade talks with China may have a new breath of life. At the G-7 meeting in France, Trump said, "We’ll see what happens, but I think we’re going to make a deal."

Trump has said before that a deal was imminent, only to see negotiations unravel, but this comment comes after he hinted he would ratchet up the U.S.-China trade war.

India at 72: Peace through trade across India’s borders

Seventy-two years after the British Partition of India on Aug. 15, 1947, India’s borders still delineate the economic concept of ‘opportunity cost’. At the places on its western, eastern, and northern frontiers where until Partition there were no lines, India chooses risk and excludes opportunity. To paraphrase the Old Testament Prophet, Isaiah (c. 700 B.C.), India’s borders are all swords and no ploughshares.

Trade war would likely still have similar issues even under Democrats, says expert

Though there are those who may think that the trade war between China and the United States falls at the feet of President Donald Trump completely, that isn’t necessarily so, says a trade law expert.

“I think the Chinese are miscalculating if they think that the position of the Democrat, any Democrat, any of the 20 odd who are running, is going to be fundamentally different from what the Trump administration’s position has been,” said Raj Bhala, the Brennesein Distinguished Professor at the University of Kansas Law School and a Senior Advisor at Dentons.

Trade law expert sees difficult Brexit still ahead

A trade law expert sees Britain’s exit from the European Union as less than smooth.

“It’s going to be a hard Brexit,” said Raj Bhala, the Brennesein Distinguished Professor at the University of Kansas Law School and a Senior Advisor at Denton’s. “This is a global story. Businesses, whether they’re here or they’re in Mumbai, need to be thinking about, what are their terms of trade with respect to the U.K.”

It’s important to know that an exit from the European Union is a harsher one than an exit from an agreement like NAFTA, because the EU is a Common Market.


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