If they’re too high or broad, the market will shift to favor goods from sources that aren't taxed in the same way — or discourage imports altogether. That can put this goal of generating revenue at odds with the other goals of import tariffs. Influence trade partners Especially recently...
As part of the BFA's efforts to remain innovative in a constantly changing world, this year's agenda will also introduce a new cluster of discussion sessions dedicated to specific countries in the region. The goal, according to Zhang, is to provide platforms where countries participating in thi...
Xi emphasizes that the ultimate goal of reform is for the people's well-being. He has pledged to make people's priorities his own and act on their wishes. This is different from the "capital first" stance. He recognized that after more than 30 years of reform and opening-up, the princ...
China has therefore proposed building a global community of shared future, with the goal of creating an open, inclusive, clean and beautiful world that enjoys lasting peace, universal security and common prosperity, charting a bright future for human development. The ultimate goal of the BRI is t...
a law that implemented protectionist trade policies in the United States near the start of the Great Depression. The goal was to protect American jobs and farmers from foreign competition, but the act prompted retaliatory measures from US trading partners, whose economies were also suffering. While...
China Chamber of Commerce to the EU immediately expressed strong opposition, stating that the EU's action directly violates WTO rules. German automotive giants like Volkswagen and Mercedes Benz also clearly opposed the move, arguing that protectionism cannot bring progress to EU’s automotive industry...
What is protectionism? Who tends to support it? What problems would a politician face when promoting policies to encourage saving? What are receptivity, participation, and sharing measures? What is the primary goal of monetary policy? What are some aspects included in fiscal policy?
European tech CEOs have long been calling for a more level playing field with their U.S. counterparts, with some European companies moving operations stateside as they believe the environment there is more favorable for them. Séjourné on Thursday said the goal was to create regulations and ...
What role did the financial markets play in global trade? What is the significance of the global trade environment? Describe the major types of trade restrictions. What are the main arguments for protectionism? What are the two majors ways of increasing trade?
that repealedProhibition, gave them wide latitude to regulate alcohol. That is still true, but only if the health and safety of the public is the goal. Anyone fighting against a discriminatory state liquor law can now argue that the law's purpose is economic protectionism, and that's now ...