Economic and political tensions between the United States and China -the world’s two largest economies- have been escalating for several years, leading to a fragmentation of international trade and the imposition of numerous tariffs. These measures have led to some changes in international trade patterns, but evidence that
The World Trade Organization (WTO) on Thursday released its outlook for world merchandise trade in 2022 and 2023. Its 0.8% forecast for world trade in 2023 represents a downward revision of 0.9 percentage points from the previous forecast last April, which predicted a 1.7% increase in merchandise trade.
UNCTAD stressed that urgent action is needed to counter projected increases in food insecurity, which is already contributing to rising poverty and inequality, especially in developing countries. This problem is occurring while international tensions persist and the effects of climate change are becoming increasingly evident. In UNCTAD’s view,
O governo da China concedeu mais de 300 mil milhões de dólares em subsídios para apoiar o desenvolvimento da sua indústria de semicondutores. Para começar, a sua campanha «Made in China 2025» tem como objetivo a autossuficiência em semicondutores de 70% até 2025. De acordo com uma análise
China‘s government has provided more than $300 billion in subsidies to support the development of its semiconductor industry. For starters, its «Made in China 2025» campaign aims for 70% semiconductor self-sufficiency by 2025. According to a U.S. congressional analysis, China’s government outlays (approximately $322 billion to date) and
World trade in goods and services will have a year-on-year growth of around 1% in 2022, projected UNCTAD. If the 1980s and 1990s are commonly described as the period of trade liberalization, the last three decades were marked not so much by the reduction of trade tariffs and