Freight Waves (February 26)
“Russia is not America’s largest trade partner by a long shot — representing less than 1% of the total imports — but many of our largest trading partners, like Germany and China, have strong economic ties to the country.” The conflict in Ukraine “will lead to more supply chain woes,” though there are obviously “many consequences much worse than continued supply chain disruptions and inflation.”
Tags: China, Conflict, Disruptions, Economic ties, Germany, Imports, Russia, Supply chain, Trading partners, U.S., Ukraine
Financial Times (May 28, 2013)
The visit of China’s Premier Li Keqiang to India brought progress on trade agreements and a new goal to achieve $100 billion in bilateral trade during 2015. The visit helped restore relations, overwrought since territorial incursions, between the two nations which account for nearly two-fifths of global trade. “It will take more than a few trade deals to overcome the suspicion with which India regards its eastern neighbour… But deeper economic ties are a good place to start, as long as both sides play fair. The greater the trade, the better the chance that trust will follow in its wake.”
Tags: Bilateral trade, China, Economic ties, India, Li Keqiang, Suspicion, Trust