The European Union will take a new approach to international trade, recognizing that it’s time to stand up for itself after challenging times with countries like the U.S. The European Commission, which negotiates trade deals on behalf of the 27 member states, proposed on Thursday new tools to become a more “assertive” player in global […] Read more
Hope is fading for a significant change in U.S.-China relations under President-elect Joe Biden, Alicia Garcia-Herrero, Natixis’ chief economist for Asia-Pacific, said on Thursday. Relations between the U.S. and China have spiraled downward under President Donald Trump’s administration in the last four years. Ahead of the election, Natixis economists had hoped the two countries could return to better […] Read more
The world’s two largest economies appear set to dial up their exchange of sharp language ahead of the U.S. presidential election in November, according to the former chairman of Goldman Sachs Asset Management. It has amplified concerns about whether simmering diplomatic tensions between the U.S. and China could soon spill over. China’s Foreign Ministry announced on Friday […] Read more