The United States and the finances of the pandemic

Lun, 06/22/2020 - 15:36 -- anegrete

During the pandemic, the United States and its institutions have taken measures that have had an impact on providing liquidity to the international system. In Latin America these have come through the IMF but also through agreements with the US central bank (FED).
In the context of the bankruptcy of companies, hotels, restaurant chains and the loss of investment grade, the US has seen a doubling of dividends per share versus earnings per share in banking. In these conditions, stock markets have, on the contrary, shown a strong recovery, even reaching new highs (Nasdaq).
The increase in liquidity by the FED and the central bank has allowed the stock exchanges to recover without a recovery in production, and high levels of unemployment, low levels of consumption and destruction of production, in a contradiction that leads to an increase in the already existing inequality.

Effects of the trade war and the new world trade order

Vie, 02/14/2020 - 14:10 -- anegrete

The US launched a tariff war, from 2018, against the most dynamic export economy: China. The aim was not only to reduce the trade deficit with this economy, but also to weaken its economic growth dynamics and reduce its growing share in the export market. However, the result has not favoured the US and has been adverse to the multilateral international order.
After 23 months of war, 7 rounds of mutual tariff aggression, more than 15 thousand products taxed, 600 billion dollars in tariffs and two periods of truce the two economies entered into a first agreement.
With this Agreement and the new NAFTA the United States advances in the construction of a new international commercial order on the law of the strongest.

The WTO: The Other Side of the Trade War

Lun, 12/16/2019 - 20:38 -- anegrete

The President of the United States has sabotaged the appointment of judges to the WTO Court of Appeals itself. With that, the body ceased to exist for the practical purposes of the case.
Closing the WTO courts makes sense for the country against which there are more complaints from more countries, and which also does not believe in free trade. The trade war no longer has any brakes. Neither China, nor anyone else, has a place to complain
This is a state decision that accompanies the trade war and favours its companies, but also allows it to fight its weakened commercial hegemony.

The importance of chips in commercial warfare

Jue, 12/12/2019 - 18:29 -- anegrete

global currency, and much of the dominance in the microprocessor industry, through Intel, AMD and Qualcomm. China, on the other hand, has significant strategic advantages in telecommunications with the 5G network and the Huawei company.

The global semiconductor industry is concentrated in a few firms and a few countries. Although the manufacturing link in the semiconductor chain is in Asia, the licensing, intellectual property and production segments of the semiconductor value chain do not pass through China.

The Asian country has begun work towards chip manufacturing autonomy, which can be consolidated using reverse engineering. It is inevitable that the Asian country will develop an autonomous and competitive semiconductor industry and thus reduce its backwardness vis-à-vis the United States.

The role of lithium in trade warfare

Lun, 12/02/2019 - 19:11 -- anegrete

The change in the world energy matrix plays an important role in the trade war and the dispute for hegemony. While the US wants to conserve oil as an energy source, China is pushing the switch to clean energy at lower prices on the world market.

In this context, lithium plays an important role, as the main input for batteries, including those for electric cars.

South America is a disputed territory now fostered by lithium as a strategic resource, as was the saltpeter that led to a war in the nineteenth century.

The heart of trade warfare: The technological race and transition

Mié, 09/25/2019 - 16:29 -- anegrete

The commercial war waged by the U.S. against China is taking place in a scenario of technological backwardness in the areas of telecommunications, energy, electric cars, cell phones and computers against China.

The U.S. began to lose market share in the global high-tech market in the 21st century and concentrated on completing its global value chains to increase profitability. In 2018, China exported three times the value of these exports to the United States and more than ten times that of European countries.

The imperative need for the US to interfere with China's deployment is growing, and the protectionist trade route has not worked. Everything seems to indicate that the war is going to move to the exchange and financial field.

Suscribirse a RSS - USA