Peak globalization has actually already come and gone, according to David Roche, president and global strategist at London-based Independent Strategy.
"The actual reversal of globalization started over seven years ago," well before the rise of U.S. President
"Globalization is on a back foot, it's not the trade deal with China, a trade deal agreement which would flip the switch and turn on the motor again — the damage has been done," he added. "There is no way going forward that China is able to grow by using international trade. It is going to grow more domestically."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
US reportedly warns China over hostile non-naval vessels in South China SeaThe head of the U.S. Navy has warned China that hostile behavior from its coast guard and fishing boats will not be treated any differently from the Chinese navy, the Financial Times reported on Sunday.
Consulte Mais informação »
China slams US on Iran oil sanctions, Saudi Arabia welcomes US moveBeijing said Washington's decision to impose sanctions on buyers of Iranian oil will 'intensify turmoil' in the Middle East. The US said on Monday it will penalise any imports of Iranian oil from May 2.
Consulte Mais informação »
Aussie sinks on soft inflation, dollar near 22-month high on strong U.S. dataThe Australian dollar tumbled to a six-week low on Wednesday as soft domestic in...
Consulte Mais informação »
Stocks in Australia poised to decline; US-China trade talks set to resume in BeijingThe U.S. and China are set to resume trade talks later on Tuesday. U.S. Treasury Secretary Steven Mnuchin said in an interview that negotiations between the two economic powerhouses were in 'the final laps,' according to a New York Times report from Sunday.
Consulte Mais informação »
IMF's Lagarde expects U.S. and China to reach trade dealInternational Monetary Fund Managing Director Christine Lagarde said on Monday s...
Consulte Mais informação »
Dow futures slightly higher amid fresh optimism on US-China trade talksU.S. stock index futures were slightly higher Monday morning, as market participants prepared for another day of corporate earnings and fresh data releases.
Consulte Mais informação »
As trade talks reach endgame, U.S.-China ties could hinge on enforcementU.S. negotiators head to China on Tuesday to try to hammer out details to end th...
Consulte Mais informação »
US and China need to show 'flexibility' on trade talks, says World Economic Forum'I think they are now pretty close to the moment where there will be a breakthrough,' Børge Brende, president of the World Economic Forum, told CNBC's 'Capital Connection' on Sunday.
Consulte Mais informação »
US-China trade talks are in the 'final laps,' Treasury Secretary Mnuchin saysTrade talks between the U.S. and China are now in the final stages, said Treasury Secretary Steven Mnuchin, ahead of a meeting between negotiators from both sides in Beijing this week, according to a New York Times report.
Consulte Mais informação »
In a trade deal with China, the US may get an empty shellChina will not submit to an intrusive American trade enforcement procedure with triggers of discretionary and unilateral sanctions, writes Michael Ivanovitch.
Consulte Mais informação »
Mnuchin hopes latest talks may seal U.S.-China trade dealU.S. Treasury Secretary Steven Mnuchin, in an television interview that aired on...
Consulte Mais informação »