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Friday marks the one-year anniversary of one of President Trump’s most significant agreements: the phase one trade deal with China.
Addressing a crowd of company executives, trade representatives, and lawmakers in the East Room of the White House on that day, Trump was as giddy as can be. Today, we take a momentous step,” Trump told the audience, one that has never been taken before with China toward a future of fair and reciprocal trade, as we sign phase one of the historic trade deal between the United States and China.”
Twelve months removed from that signing ceremony, the trade deal with Beijing hasn’t lived up to the administration’s expectations.
The incoming Biden administration is under tremendous pressure to demonstrate better US economic management. Trade negotiations normally take years to conclude, if at all. Unsurprisingly, lobbyists ar
The ongoing India-China face-off in Eastern Ladakh may appear to be a small-scale confrontation between conventional forces. But it is still one between nuclear-armed states, and the threat of escalation cannot be denied. In its wake, India has carried out a series of missile tests, while China too has fired a number of ballistic missiles near the Paracel and Spratly Islands, apparently to warn the US, but hardly something New Delhi can ignore. This analysis makes three key points: the threat from China is likely to persist; India needs to adapt balancing responses to the threat to the requirements of a nuclear weapons environment; and Indian policymakers should be mindful of the possibilities of actual military combat, be it a marginal war, or a trans-domain conflict that involves use of advanced technologies influencing both the nuclear and conventional spheres.