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.

Posted in Uncategorized | Comments Off

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.

Posted in Uncategorized | Comments Off

The Online Auto Loan Advantage

What are the advantages of getting your next auto loan online? Well, the first advantage could be time. You are going to save an ample amount of time by researching your purchase and the interest rates for car loans online. It can take up more time than you might think to travel from car dealer to car dealer in order to see how much the car you are interested in is going to cost you, and how much your interest rate is going to be. All this can be done at home when you take advantage of online auto loans.

Most people have heard about how you are able to get the very lowest rates possible on an auto loan when you procure the loan from an online lender. This is quite true. Many online loan companies have on their web sites an interactive widget that will allow you to compare automobile loan rates from many other loan company’s websites in real time. The highest of these auto loan rates are always going to be less than what your local car dealership will offer you.

Another advantage of an online auto loan is that you generally do not have to pay any sort of processing or application fee in order to apply for – and receive – an auto loan. This alone will save the person looking for a good loan deal some money.

With an online auto loan, you have the chance to do research on what type of car you want to buy. You can be sure of what a good price for a certain make and model of car will be, as well as its interest rate, before you even set foot into the automobile showroom. You can always count on getting a better deal when you have the facts and figures you need to help you to make a decision.

An advantage that most people know nothing about until it magically starts to happen to them is the fact that you only have to fill out ONE loan application. That lone application will be sent to more than one dealer. As quickly as about ten minutes from the time your application is sent, you will start to receive contact from multiple dealers, all eager to sell you a car. Sometimes this is by telephone, depending, of course, on the time of day. And, sometimes the initial contact from a dealer is via email.

You will have your choice of lenders, as it is almost a given that more than one of them will contact you. You can afford to take your time here as well, as no one is going to rush you, or try to make you believe that your good loan deal is going to disappear if you don’t hurry up and take advantage of it. You can do research on the lenders who have offered you a loan before you choose which one to go with. The advantages to getting an auto loan online are many, and best of all, they all benefit you.

Posted in Uncategorized | Comments Off

Online Auto Loans – Easy Car Financing With Just One Click

Cars are the epitome of success. It is often said that buying an automobile symbolizes a financially strong individual. But, cars have become so much expensive that auto loans have become the order of the day.

Most car buyers get overwhelmed by the very sound of “auto financing”. This is because getting approved for a car loan is often a lengthy process. Plus, several other factors are at play. You have to manage your budget, get the car information, provide the lender with satisfactory replies and then endlessly wait for approval. PHEW! Too much work isn’t it? Well, you can slash down your work by going online.

Online is the Way for every American

When you opt for online auto financing in America, you have the benefit of completing the process in an instant.

1. As the entire process is online, you can get quick approval.

2. Just one simple application form to get auto loans.

3. 100% safe process.

4. Less paperwork.

5. No never-ending lines to the lender’s office.

How to Search for Online Auto Loans?

It is simple to search for an auto loan when you know the kind of loan you are looking for. For getting an online auto financing program, you must use this simple plan.

Prepare a Budget

It is essential that you calculate your income and expenses. It will help you to understand your affordability. Also, the budget will ensure that you do not overspend your limit.

Check your Score

You must know your credit ratings before applying for loans. Once you know what kind of credit score you have, you can opt for anything – bad credit auto loans, zero credit car financing or the usual pre-approved automobile loans.

General Idea of the Car

Are you going to buy a car from your colleague or from a dealership? It will help you in clicking the exact option in the “Type of loan”. If you opt to buy from a private seller, you have to choose, “The Private Party Auto Financing Option”.

Opting for a dealership loan means you will have to choose the “New-Used Car Loan Option”.

Down Payment and Co-Signer

Instant approval on online auto loans is possible with a down payment amount. 10%-20% of the car loan amount can actually turn the tides.

Get a co-signer so that you can increase your chances of getting approval. Anyone of your parents or your friend can become your co-signer. Just make sure that the person has a good credit score as well as a stable debt-to-income ratio.

Avail Online Auto Loans

You have to just type the required details in your computer. It is essential that you type the kind of loan you want – private party auto loan, new car loan, bad credit car loans, etc. Also, mention your geographical area to ensure that you get the best options.

Here are few examples of searching the web for online auto loans:-

a. If you have bad credit and live in Colorado Springs, CO 80917, you must type all this information in the search bar, “Bad credit car loans, Colorado Springs, CO 80917″.

b. If you live in Prospect, OH 43342 and want a private party car loan, search “Private party auto loans 43342″.

c. You can just type for “San Antonio auto loan” if you are looking for a car financing program in San Antonio.

d. If you are looking for online students car loans in Vashon, Google “Student auto loans in Vashon, WA 98070″.

Once you get across several auto financing companies through the internet, check their reliability. Apply with only those companies that are trustworthy and can offer the online auto loans of your choice.

Apply with safe and secure websites and get ready for approval. Online auto financing is as simple as that.

So, next time you are in the car financing market; don’t forget to go the online route. It will save loads of time and money too.

Best of luck!

Rapid Car Loans is 100% safe online auto financing company that offers low rate car loans. Bad credit or no credit history – nothing can cause trouble in securing guaranteed approval. Apply now.

Posted in Uncategorized | Comments Off