{"id":41140,"date":"2018-12-01T09:47:46","date_gmt":"2018-12-01T14:47:46","guid":{"rendered":"https:\/\/olduvai.ca\/?p=41140"},"modified":"2018-12-01T09:47:46","modified_gmt":"2018-12-01T14:47:46","slug":"g20-and-the-financial-war","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=41140","title":{"rendered":"G20 and the financial war"},"content":{"rendered":"<section class=\"research-article__hero \">\n<div class=\"research-article__hero__container _wrapper\">\n<div class=\"research-article__hero__content\">\n<h3 class=\"research-article__hero__content__heading quarto-h2\"><a href=\"https:\/\/www.goldmoney.com\/research\/goldmoney-insights\/fmq-update-and-the-implications-for-gold-and-silver-valuations\/g20-and-the-financial-war\">G20 and the financial war<\/a><\/h3>\n<\/div>\n<\/div>\n<\/section>\n<div class=\"article _wrapper\">\n<article class=\"article__content\">\n<p class=\"\u201dRichText\u201d\"><em><strong>This weekend, the G20 nations meet at Buenos Aires. The most important issue will be America\u2019s use of trade policy, ostensibly to bring an end to China\u2019s unfair trade practices. Rather, it could mark a significant milestone in the cold war against China and drive the global economy into a slump.<\/strong><\/em><\/p>\n<p class=\"\u201dStrapline\u201d\"><strong>Introduction<\/strong><\/p>\n<p class=\"\u201dRichText\u201d\">President Trump initiated the trade war with China. There is a widespread assumption he is pursuing his \u201cart of the deal\u201d, coming into negotiations aggressively to get a satisfactory compromise. Therefore, the script goes, China will be forced to climb down on its restrictive practices, technology and patent theft, and modify its Made in China 2025 (MiC2025) initiative to open it to American corporations. Trade negotiators from both sides have been working in the background to achieve some sort of progress before Presidents Trump and Xi meet at the G20 this weekend, which buoys up hopes of a positive outcome.<\/p>\n<p>If so, it will be the start of a more public process, perhaps with threatened trade tariffs deferred. Meanwhile, the rhetoric on tariffs has escalated in recent weeks, as is often the case in negotiations when President Trump is involved, and particularly when deadlines loom. But there are concerns the situation is more serious than this optimistic version of events would have us believe.<\/p>\n<p>This article briefs readers about the bigger picture behind this trade spat, which is just one battle in an ongoing financial conflict between China and America. Worryingly, it takes place against a deteriorating economic outlook for the world\u2019s largest trading bloc, the EU.<\/p>\n<p class=\"\u201dStrapline\u201d\"><strong>The trade tariff position<\/strong><\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>G20 and the financial war This weekend, the G20 nations meet at Buenos Aires. The most important issue will be America\u2019s use of trade policy, ostensibly to bring an end to China\u2019s unfair trade practices. Rather, it could mark a significant milestone in the cold war against China and drive the global economy into a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[7772,130,10959,344,13061,805,19291,827],"class_list":["post-41140","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-alasdair-macleod","tag-china","tag-financial-war","tag-g20","tag-goldmoney-insights","tag-trade","tag-trade-tariffs","tag-united-states"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41140"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41140\/revisions"}],"predecessor-version":[{"id":41141,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41140\/revisions\/41141"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}