United States – China Trade Relations

Tuesday November 8, 2016 marked a new age of American politics. Donald Trump shocked the world and became the 45th President of the United States of America. The controversial businessman captivated the American public with his unconventional rhetoric and “in-your-face” campaign style. Throughout his campaign to becoming President he proposed many agendas and ideas on what he thought it would take to “make America great again.” One of his big talking to points during his campaign crusade was that he wanted to put America “first” again. Which means he essentially wants to initiate plans that benefit America first and then worry about the outside world. This was very controversial considering America has always done whatever they could to help other countries. However, Trump and his advisors believe that we as a country might be helping out others and suffering the consequences.

This idea of putting America first goes hand in hand with how he is dealing with international trade, most notably China. Donald Trump has often said that China is responsible for nearly half of our trade deficit and he believes that their government is manipulating their currency. To counter this, Donald Trump has proposed we slap a 45 percent tariff on all Chinese imports. The Trump administration says that this tariff would stem from years of China stealing jobs and manipulating the trade system. Recent studies have put the total job losses in the US associated with the Chinese at 2 million. Most of these jobs are in the manufacturing industry.

Fearing a significant tariff on their imports, China has now threatened to retaliate if these tariffs are in fact imposed. The Chinese government has relayed the message to the US government urging against these “outlandish” tariffs (McDonald). China’s Commerce Minister Zhong Shan stated that the US and China are interdependent and bilateral trade relations would have an impact on the worldwide economy. They are afraid that if things start to escalate a trade war might be imminent (McDonald).

A trade war between the US and China would have significant impact on both economies. First, if trump imposes his tariffs, China’s exports to the United States would fall around 25 percent. This means that China’s annual economic growth would decrease by as much as 1 percent. If China retaliates and imposes a tariff on the US, its economic growth would as much as a quarter percentage point (Reuters). Not to mention the consumers that would ultimately suffer. If Chinese imports get taxed, then companies would be forced to raise their prices, which would then hurt the consumer of said products. Really what this comes down to is the US trying to decrease the trade deficit with China. There are several ideas out there on how to go about this. One idea was that instead of placing a tariff on all Chinese imports, just impose targeted tariffs instead. These tariffs would be put on products that face heavy competition from Chinese imports such as steel, machinery, and auto parts. Another way to decrease the deficit would be enhance service exports to China.

Like any problem, the best to solving one is through discussion. These tensions between the US and Chinese governments are very real and very serious. The two biggest economies in the world are on the brink of a stand-off that could set both economies backwards. Sun Jiwen, spokesman for China’s Ministry of Commerce, believes that these trade tensions will resolve through much-needed dialogue. However, it might take a little more than an open invitation for Trump to join the table of discussion. Trump is playing hardball. He feels that the US has been wronged since China has joined the WTO (World Trade Organization) in 2001 (Reuters). China has said they are willing to sit down with Trump administration to come up with a plan that could benefit both nations. China’s President Xi Jinping has defended free trade on numerous occasions and stated that “no one will emerge as a winner” in an international trade war (Reuters).

These are significant times in our country. The US has always been at the forefront world leadership and it is interesting to see with this new administration how these problems will play out. Every decision has a consequence, good or bad. I hope the Trump administration weighs all of the options before irrationally making a decision. The fate of the United States economy depends on it.

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Major Importing Countries Of Basmati Rice

In the period of worldwide markets and the subsequent improvement of universal licensed innovation rights, clashes emerge between industrialized countries looking to grow new items from plants, and creating countries trying to profit by their indigenous vegetation. One case is the contention over basmati rice. Since quite a while ago recognized as beginning in the Indian sub-landmass, basmati rice is prized for its unmistakable fragrance, season, and long, slim, fleecy grains.

A standout amongst the most essential measures of numerous Asian nations’ financial execution is the cost and nature of its rice. It’s no big surprise, at that point, that policymakers have taken huge walks in endeavoring to control the flow of their national rice exchange request to balance out their particular residential markets. The five best shippers of rice are in charge of around 30% of the aggregate worldwide exchange, and the main ten are dependable around half of aggregate rice imports around the world. A large portion of the real players, including the latest best merchant, China, are situated in Asia, which is the landmass most in charge of movements on the planet’s rice showcase. Other huge rice-bringing in nations incorporate Nigeria, the Philippines, Iran, and Indonesia.

A considerable lot of the real players, including the latest best shipper, China, are situated in Asia, which is the landmass most in charge of movements on the planet’s rice showcase. Other noteworthy rice-bringing in nations incorporate Nigeria, the Philippines, Iran, and Indonesia. A lot of the rice mill plants have been established seeing the necessity of rice as a food supplement. The increasing demand in the current scenario is the basis of increase and expansion of the business of the basmati rice exporters.

The future of rice trade:

In spite of massive increases in the course of recent years, the worldwide rice advertise has been experiencing a few times of compression over the recent years. Notwithstanding this, the world’s rice exchange is required to experience real development in years to come, as key nations keep on initiating projects to build their rice generation and radically chopped down their reliance on imported rice.

As the world’s best buyers of rice modernize their ways of life and enhance their separate eating regimens, interest for new assortments of rice is additionally anticipated that would increment, taking into account different nations to assume progressively essential parts in the worldwide rice advertise. China’s uncommon development in 2015 came as amazement and, to this date, regardless of whether it will keep on dominating the market remains an intense inquiry to reply. Specialists guarantee that by the year 2040 an extra rice supply of no under 112 million tons will be required to take care of the developing worldwide demand, particularly if nations like Africa neglect to address their own developing populaces and in this manner more noteworthy sustenance asset necessities.

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Tips on Making Hotel Reservations

Your hotel reservation will depend on when and where you are traveling. One of the biggest factors is the price and hotel availability. It is wise to book in advance especially if you are traveling to a popular city during peak season. This is helpful for those who want to avoid the big crowds that come along during special events. You may be able to save a lot of time and money if you don’t travel during these events.

Travel agents used to be the way people made reservations. Now most travelers use the internet to make reservations. Don’t underestimate the value of having a travel agent. They have all of the same information found online as well some additional information. A travel agent will know about your hotel choices, any deals that are available, and the best value for your money. Many times a travel agent may be able decrease your trip by creating a package deal to include hotel, airfare, car rental, and food. Again they are a useful resource that should not be ruled out.

When browsing online for your hotel reservation, don’t forget to look at reviews of the hotels you are considering. Sometimes comments may be found on the hotel’s website or other review sites. More times than not, it is a good decision to choose a hotel with consistently good reviews. This will help rule out hotels with a lot of bad reviews.

It can also be beneficial to shop around before you make a final decision so you have time to check out deals and reviews. The further in advance you begin your research, the better off you may be. These are just a few suggestions to help you prepare for your next trip.

Traveling can be less stressful if you do your research and take time to look at your hotel options. Michael Smith does a lot of traveling and has found that by following the steps outlined in this article can be the difference between having a great trip versus a lousy one.

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Advice For Hotel Reservation

Travelling is always fairly hectic and many people will be prepared with this knowledge. However, when it comes to deciding the best accommodations and making reservations, you may be caught off guard. You want to book the perfect hotel and hopefully have a restful night just like home. You can never be too sure of this luxury and this is the reason why you need to have an edge when looking. In this case, you need to get the right advice and tips on the best hotels and how to go about avoiding common pitfalls that travellers find themselves in. This article will highlight some of the top hotel reservation tips and advice. With this knowledge, you will play your part in making your travels pleasurable to say the least.

The following guides and tips are from the American Society of Travel Agents ASTA. Professionals of this society know everything there is to know about hotels and you can trust them to give you good advice. First, many travellers all over the world will often obsess about finding the right-priced airline tickets. This is often done in the expense of looking for a nice hotel. Researching on the rooms and what they have to offer is kept in the back seat. Therefore, you must start looking early to capture the best deals and offers in hotel packages. Go through travel agents and make sure that they guide you accordingly with hotel reservations.

If you are a business traveller, you might want to take advantage of different weekend rates. All in all, you need to take time to really look for information on the hotels and this is the only way to book a worthwhile hotel. The top reason why you need travel agent is because they are able to deliver the products you want. In other words, they will provide you relevant information on amenities and services you might need while on tour. They are also able to ask for special package deals that might just impress you.

When it comes to making hotel reservations, it is important for you to go through a travel agent as well. However, these days, more and more people are choosing direct and online bookings. If you choose to make reservations with the hotel directly, make sure to avoid mornings because they are most hectic. Choose to call at night or in the afternoon. When are you are booking, it is paramount for you to confirm all the numbers and keep a confirmation for the record. The quoted rate and the person you spoke to are essential details to note.

Again, make sure to keep copies of all the hotel reservation information even when you book with a travel agent. In case of emergencies, you need to leave a copy with somebody at home (friend or neighbour) to make sure that they can get hold of you when need be. To avoid expiry of the reservation, you need to guarantee your reservation through a credit card number. In case you arrive late, you will not be faced with a crisis. If you are late because of certain en route delays, you can call the hotel and ask them to hold your reservation.

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