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What Does Trump's Steel Tariff Mean For Trade Relations?
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After making good on his campaign promises to cut taxes and make regulatory rollbacks, US-president Donald Trump's proposed trade tariff is obviously an unexpected shock within his economic agenda.

What does Trump's new tariff actually mean?

First and foremost, the most worrying implication is a trade war. Other countries who export steel to the U.S are undoubtedly going to retaliate if Trump gets his own way. Triggering off a trade war may be "good" in the eyes of the President, but it can have a stifling effect on economic growth. Savvy observers have...

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CPTPP Progresses Without US
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Despite the withdrawal of the United States from the original Trans-Pacific Partnership (TPP) talks following Donald Trump's election, the remaining 11 nations are on the verge of signing an amended version. With Japan taking the lead, the revised Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is due to be signed in Chile on March 8th. The final text contains 20 amended or suspended provisions, many of which were originally included following demands from US negotiators.


Perceived benefits of CPTPP

The agreement is being seen by members as a counter...

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How Brexit Has Affected Exports in Britain
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The Brexit vote in 2016 saw a mix of reaction from economists about the aftermath of the referendum on trade in the UK. Many predicted an economic downfall for the UK. However, according to the data provided by Office for National Statistics (ONS), Britain exports have continued to increase over the few months after Brexit. The data compares trade activities in the whole year after Brexit.


Trading with non-EU countries

Brexit offers a chance for Britain to intensify trade with non-EU countries such as USA, India, China and the developing countries. Its trade with non-EU countries has...

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Practical Advice
Tips For Doing Business In China
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China has in the past 30 years witnessed huge strides in economic growth which has been fuelled by the manufacturing and export market. However, many businesses seem to be put off by the influx of cheap goods and commodities. Nonetheless, as its wealth continues to grow, many businesses abroad are now looking towards China as a market with huge potential. Here we look at how entrepreneurs can make inroads in this huge, yet still much misunderstood market.


1) Do your research

Before entering in any new market, it is imperative to do your research. While China is a huge country...

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Singapore and Sri Lanka FTA Set to Boost Regional Business
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Singapore and Sri Lanka have signed a free trade agreement that is set to change how the two Asian nations conduct regional business. The FTA is part of Singapore’s move to initiate bilateral agreements with as many countries as possible, especially after the withdrawal of the US from the Trans-Pacific Partnership. The deal came to fruition during a three-day visit by Prime Minister Lee Hsien Loong that began on January 22. 


Mutually Assured Growth

The free trade agreement opens avenues for Sri Lanka and Singapore to collaborate on various businesses that will enhance...

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Integrating the Blockchain into the Supply Chain
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The blockchain is a form of an electronic ledger that is proving success in various sectors. The need for development was targeted towards solving multiple challenges in the finance industry. With time, other sectors of the economy continue to make use of the technology. It is a decentralized form of database that stores data in the form of blocks that are unalterable but shareable.

In the same time, supply chains have grown such that they have become difficult to control regarding rapidity, cost, and accuracy of data involved. The list of challenges is endless, hence the...

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China's bold Silk Road-style plan to link Europe and Asia faces setbacks and costs
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In a bid that has frequently been sensationalized as a "modern Silk Road", China has invested more than $14 billion in creating railways, ports, and other avenues of trade and travel between Asia and Europe, which are otherwise connected only by Russia. China is set to invest much more in this Silk Road, but that may change, if their current difficulties, mostly resulting from relations with Pakistan, continue.


China's economic trade programm for Europe and Asia

Officially called the "Belt and Road Initiative", China has financed a wide array of projects...

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Will Britain Join the Trans Pacific-Partnership?
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There are possibilities that Britain could be joining the Trans-Pacific Partnership (TPP), but only after the UK departs from the European Union. This move would be in efforts to explore alternative markets for exports that are presently going to Europe, but will possibly fall after Brexit. Reports by the Financial Times have it that the ministers have already had talks with the officials of International Trade to discuss the possible joining of the proposed free trade body. 


What is the TPP?

The TPP is an agreement intended to heighten economic ties between the member...

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Practical Advice
Crafting a Customer Experience that Boosts Revenues
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Customer experience involves more than just a strong brand because the way that people perceive your company goes beyond the goods or services you provide. A customer must feel good after interacting with your business. The tiniest details can shape the image of your brand among consumers, which, in turn, influences sales and revenues. This is why customer experience has become a priority for any smart business owner. Customers must be satisfied at every stage of the purchasing journey to justify the money they spend on your business. Managing the perception of customers require a...

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Are the Greeks About To Say Goodbye To Austerity?
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Greece is hopeful a review of its current bailout program will conclude the country has made enough progress to satisfy its international creditors, in theory allowing it to raise its own finance on the international markets once more. After 7 painful years of austerity requiring rescue loans totalling €270 billion and involving three bailouts, August 2018 could see Greece exit its bailout program. The nation has passed numerous laws and regulations to access funds, some of them politically controversial. However it now has a balanced current account and is predicted to grow its...

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