Sentences with phrase «trade protectionism»

Trade protectionism refers to the use of government policies and measures to restrict or limit international trade, usually by imposing barriers such as tariffs, quotas, or subsidies. The purpose of trade protectionism is to shield domestic industries from foreign competition and to promote their growth and competitiveness within the domestic market. However, it can also lead to higher prices for consumers and reduced global cooperation and economic growth. Full definition
BEIJING China will actively take steps to safeguard its interests as well as those of its industries, Vice Commerce Minister Wang Shouwen said, in light of what he described as acts of trade protectionism by the United States.
The US dollar (USD) depreciated versus most major currencies driven by trade protectionism concerns, US Treasury Secretary Mnuchin's remark that «the weaker dollar is good for US» and reports that China would slow purchases of US Treasuries
The world economy is «about as good as it gets,» the 56 - year - old American said, pushing back against fears that rising trade protectionism could hurt globally diversified businesses like SAP.
As a way to introduce the first, let me give you the quote from Merrill Lynch economist David Rosenberg about the rising threat of global trade protectionism:
Fears over trade protectionism and immigration have given way to an embrace of the opportunities created by tax cuts and accelerating economic growth
Phil Levy, a trade expert at the Chicago Council on Global Affairs and former Bush administration economist, told CNN Money that the Commerce Department's steel and aluminum tariffs are «raw protectionism in search of an excuse» and that the national security excuse is a sort of Pandora's Box on trade protectionism.
At a daily briefing on Friday, a Chinese Foreign Ministry spokeswoman, Hua Chunying, said: «China urges the United States to exercise restraint in using trade protectionism tools.»
Still, he said there was no room for complacency and warned of the perils of trade protectionism amid fears that U.S. President Donald Trump will go ahead with plan to impose tariffs on steel and aluminum.
Abe also welcomed the impending visit to Japan of China's Premier Li Keqiang to (a) set up a trilateral free trade area with China and South Korea, (b) conclude the agreement on an East Asian Regional Comprehensive Economic Partnership, (c) join China's erstwhile shunned Belt and Road infrastructure projects, (d) promote multilateral trade and (e) fight trade protectionism.
Growing trade protectionism is making some defensive strategies more appealing, including investing in the banking sector.
It allows greater exports by reducing trade protectionism.
Protecting legal rights is not trade protectionism.
Last week, trade protectionism re-emerged as a concern not only among the crowds gathered in Davos for the World Economic Forum, but also among financial market participants seeking to gauge the impact of a rising risk of protectionism.
Since World War II, developed countries, especially the U.S., have championed trade liberalization, having learned from the ill effects of trade protectionism during the interwar years.
Dadey said Trump's message, including trade protectionism, strikes a chord with upstate voters who have struggled to navigate the economic downtown.
Governments in industrialised countries strongly support the drive to increase free trade, while poorer countries fear that the North will use environmental protection as an excuse for trade protectionism.
The report also identifies which countries, and which industries, would be most at risk from economic harm, should a shift towards trade protectionism occur.
Recently, legal topics surfacing on Tom's site have included land use issues («The Aesthetic Value of Vineyard Restrictions»), international trade protectionism in Spain («Screw Caps Banned!»)
For Asia / Emerging Markets equities, meanwhile, uncertainty over trade protectionism could drive valuation adjustment to the downside.
«If he focuses on trade protectionism, it could risk «stagflation» — lower growth and higher inflation.
First, they use trade protectionism to give their industries an advantage.
BEIJING (Reuters)- China will actively take steps to safeguard its interests as well as those of its industries, Vice Commerce Minister Wang Shouwen said, in light of what he described as acts of trade protectionism by the United States.
Wilbur Ross, the U.S. secretary of commerce, told CNBC that it's unfair his country is being affected by trade protectionism.
Risks that this trade goes sour include US policy uncertainty and trade protectionism, Vamvakidis and Piron said.
«I'm not particularly concerned that inflation is a little bit below target,» New York Fed President William Dudley said at a forum hosted by University of California, Berkeley, where he also weighed in on the dangers to the United States of trade protectionism and he questioned the need for tax cuts.
Today electorates seem to be saying end wage deflation via immigration controls, trade protectionism, fiscal spending (Chart 1).
Uncertainty shock = lower US GDP estimates; markets will price in EU fragmentation; Fed likely passes Dec; but ultimate global growth impact of Trump will depend on whether protectionism or Keynesianism triumphs; either way inflation / stagflation = destination as policies focus on ending wage deflation via immigration controls, trade protectionism, fiscal spending.
Uncertainty shock = lower US GDP estimates; markets will price in EU fragmentation; Fed likely to pass in Dec; ultimate growth impact of Trump will depend on whether his protectionism or Keynesianism triumphs; either way Trump will boost inflation / stagflation expectations as electorates say end wage deflation via immigration controls, trade protectionism, fiscal spending.
This implies a slowdown in reforms that increase the private sector's productivity and economic share, together with a greater economic role for state - owned enterprises (and for state - owned banks in the allocation of credit and savings), as well as resource nationalism, trade protectionism, import - substitution industrialisation policies, and imposition of capital controls.
Sen. Tom Coburn (R., Okla.) asks whether all the major central banks easing might diminish the benefits and lead to trade protectionism.
China, who has in the past accused India of trade protectionism — a charge that India vehemently denies — is expected to ease concerns over the growing strains in their trade relationship.
Here is what the FT had to say, «It was trade protectionism that made the 1930s Depression «Great».
As a way to introduce the first, let me give you the quote from Merrill Lynch economist David Rosenberg about the rising threat of global trade protectionism: «The Financial Times weighs in on the rising threat of global trade protectionism in today's Lex Column on page 14 («Economic Patriotism»).
I have long written that the one thing that could derail my Muddle Through (at least eventually) view point is a return to trade protectionism.
Trade protectionism has been a recent focus of the Trump Administration, beginning with tariffs announced in January 2018 on imported solar panels and washing machines, and recently escalating into a «tit - for - tat» between the US and China of imposed and proposed tariffs on a variety of goods.
The EU executive has issued yet another stark warning that a sudden rise in trade protectionism is the No. 1 risk for economic expansion in the EU.
The EU on Thursday laid out a stark warning that a sudden rise in trade protectionism was the biggest threat to growth in Europe, as it confirmed its...
The EU on Thursday laid out a stark warning that a sudden rise in trade protectionism was the biggest threat to growth in Europe, as it confirmed its solid economic projections for 2018 and 2019.
Here again, it's evident that trade protectionism is not the answer; it would not only lower American living standards (and those of all our trade partners), but also produce inflation.
There's also a fair amount of trade protectionism (it will set you back U$ S1000 for a last - generation iPad) which helps keep a relatively thriving manufacturing sector going strong without being undercut by lower - cost imports.
The administration rejected a statement from other leading economies that warned against the perils of trade protectionism, the latest sign of how its more combative approach to diplomacy could create rifts with U.S. allies and leave traditional partners in the dark about the direction of U.S. policy.
we trade some protectionism, a la Europe, and reduced overall welfare, for a feel - good «leveling» of some of society's current inequties.
Moreover, they regard Trump tax cuts and deregulation as monumental positives, while disregarding uncertainty in trade protectionism or unsustainable debt levels.
Steve Johnson comments on the recent wave of trade protectionism and the likely impact on the US and the Australian market.
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