Tuesday, June 18, 2019 | ePaper

Readers’ Forum

  • Print
Will the US-China Trade War End? How??
Since July last year, the US and China have been locked in a trade war. The US has slapped tariffs on US$250 billion worth of Chinese products, and has threatened tariffs on US$325 billion more. Multiple rounds of talks have taken place between trade representatives from the two countries, but hopes for an imminent settlement are no longer assured.
Meanwhile, American business leaders are actively assessing whether they need a rethink on their China strategy, beyond the trade war. While the ongoing tariff brinkmanship has put tremendous pressure on firms doing business in China, they were already feeling the pain of growing labour costs and mounting compliance standards, besides the competition from State-controlled Entities (SOEs) and restrictive market access.

Tackling the latter - competition from SOEs and restrictive market access - are two key demands by American trade negotiators who want China to implement real structural reforms by reducing the role of the state in its economy and opening up market access to private sector players.
Its a billion dollar question at this moment -- will the US-China trade war end? If so, then how?

Dr Rubaiyat Karim
Manchester City, UK

More News For this Category

Lack of sincerity to turn the drug war into farce

THE death toll in the countrywide Anti-drug Drive over the last 13 months has crossed 400, with four more reported extra-judicial killings in Cox's Bazar and Cumilla on Sunday. With

No end to pain and miseries of slum dwellers

LOCAL Government Division Minister on Sunday informed the National Parliament that about 6.46 lakh people were living in 3,394 slums in the capital city Dhaka. Responding to a question from

Israel's Mysterious Silence

Amos Harel :Intelligence organisations in Israel and the West are decisive in their assessment: Iran was responsible for Thursday's attack on oil tankers in the Gulf of Oman, as it

Oh My God

Saleem Samad :Yemen, once proud heritage of Arab civilisation, is often portrayed as a country on the brink of catastrophe.Yemen's war began in 2015, after Iranian-backed Houthi rebels took over

Readers’ Forum

Children should get proper education and guide  Child labour is very common in countries such as Bangladesh, Cambodia, India, Indonesia, Myanmar and the Philippines where about 41 million children work.

Global community must come forward to save South Sudan

SOME seven million people in South Sudan would face acute food shortages, while more than 20,000 are close to famine, the World Food Programme warned on Friday. The warning, which

Border killings not acceptable by any means

INDIA'S Border Security Force's new Director General Rajni Kant Mishra called the killings along the Bangladesh-India border as 'unfortunate deaths'. "They were killed during skirmishes between miscreants and the BSF

Hong Kong Extradition Row

Ana Nicolaci da Costa :Changes to Hong Kong's extradition law could hurt the autonomy that has made it one of Asia's main financial hubs.The government is seeking to allow extraditions

Sustainable Fashion

Lisa Greenlee :The Copenhagen Fashion Summit celebrated its tenth anniversary last week. The summit, which is often referred to as the Davos of fashion, is a key date in the

Budget should be more ‘realistic’

LEADING think-tank Centre for Policy Dialogue in a post-budget discussion said the FY2019-20 budget will favour affluent section of the society instead of establishing equity and social justice, resulting in