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A research note from Capital Economics suggests that the end of the current period of globalization could be near. US-China trade war may herald 'the end of globalization as we know it' [Video ...
The State of Texas is taking action against China that some are worried could trigger a trade war with the superpower. Texas Rep. Gene Wu raises concerns about state's potential trade war with ...
Trucks in Ciudad Juarez await entry into Texas. U.S. imports from Mexico has increased sharply, overtaking China as the top source for foreign goods.
In 1989 China's population was the largest in the world but its GDP was only ninth in the world, yet twenty-five years later China's economy has become the second largest after only the U.S. This major increase in economic development was not without a cost because although economic reform and globalization had brought China unprecedented ...
Economic globalization may affect culture. Populations may mimic the international flow of capital and labor markets in the form of immigration and the merger of cultures. Foreign resources and economic measures may affect different native cultures and may cause assimilation of a native people. [ 71 ]
[3] [4] Assessing and enforcing compliance has become issues in China-US trade relations, [5] including how China's noncompliance creates benefits for its own economy. [ 6 ] In 2024, the WTO stated that there is an "overall lack of transparency" in the Chinese government's financial subsidies for key industrial sectors.
He has pledged 25% duties on goods from Canada and Mexico — strongly hinting on Monday he could target auto imports — and 10% tariffs against China, citing the drug trade and illegal ...
Chinese leader Xi Jinping with former U.S. President Joe Biden at the 17th G20 in Bali, November 2022.. The relationship between the People's Republic of China (PRC) and the United States of America (USA) has been complex and at times tense since the establishment of the PRC and the retreat of the government of the Republic of China to Taiwan in 1949.