Posts

Showing posts with the label economy

hate can have no safe harbor in america

Image
  Hate can have no safe harbor in America, Joe Biden said. After Tuesday's murder of eight people, including six Asian-American women, US President Joe Biden on Saturday (March 20, 2021) said 'hate can have no safe harbor' in the United State of America. Biden after meeting the Asian-American leaders in Atlanta took to his official Twitter account and said, "For all the good that laws can do, we have to change our hearts. Hate can have no safe harbor in America." He added, "It must stop — and it's on all of us together to make it stop."

Biden Should Finish Trump’s One Good Trade Idea

Image
  Biden Should Finish Trump’s One Good Trade Idea The Biden administration is within the middle of a review of its predecessor’s record on China, including its national trading policy actions. the decision won’t be positive. Former President Donald Trump’s tariffs on $550 billion worth of Chinese imports and Beijing’s commitment to increased purchases of U.S. products under the Phase One agreement signed in January 2020—prominent samples of the previous White House’s “negotiate bilaterally, punish unilaterally” approach to trade policy—did nothing to vary the foremost troublesome aspect of China’s economic behavior: its subsidies to its state-owned enterprises. By creating unfair competition for U.S. workers, these subsidies still threaten equity reception . And by undermining multilateral rules, they weaken the planet Trade Organization (WTO) through which the US has traditionally pursued its interests within the global economy. It would be an error , however, for the Biden admini...