GP Insights

"The “Insights” section aims to keep our audience informed and updated on contemporary developments in world affairs. We attempt to do this through brief reflections and trend analysis. This initiative is short and reader-friendly with a brief presentation of facts, short background and a quick analysis.

Sections of these viewpoints go as a part of our Global Politics weekly roundup called “The World This Week” sent in the form of an e-alert. If you would like to receive these Alerts as and when published, kindly send an email to subachandran@gmail.com.

GP Insights # 183, 11 November 2019

US-China Tariff Rollback: Yes, sorry no…  
Harini Madhusudan

What happened?
Early this week, news reports indicated an interim deal between the US and China on a tariff rollback. The Chinese commerce ministry said the two are reaching an agreement to cancel tariffs in phases. However, by the end of the week, Trump denied these efforts and said: "They'd like to have a rollback... not a complete rollback because they know I won't do it." 
 
Negotiations have dragged on for months now. Last month, Trump announced that the two sides had reached a consensus for a limited "phase one" agreement that could be signed within weeks.
 
What is the background?
The trade dispute between the US and China enters the 16th month. Negotiations have failed to reach an understanding. The US imposed the latest set of trade restrictions in October 2019, placing 28 Chinese companies on its “entity list”; this bans US firms from selling to China. The US claimed that the new restrictions were over China’s human rights abuses against the Uighur Muslims in Xinjiang. China denounced this move as interference on its sovereignty. 
 
What does it mean?
Failure of these talks by 15 December, could result in imposing tariffs on over $500 billion worth of Chinese imports to the US.  Counter-tariffs would likely be applied to nearly all US goods imported into China as well.

Differences remain under two layers. First is the difference within the US, between Donald Trump and his policy negotiators. Second, are in the statements made by the US and the Chinese sides. Every time China makes a public statement, Trump negates it or offer a different perspective. 
  

November 2019 | GP Insights # 181
India refuses to sign the RCEP 
November 2019 | GP Insights # 178
Lebanon: PM Hariri quits, but protests continue
November 2019 | GP Insights # 177
ISIS after Baghdadi
November 2019 | GP Insights # 176
UK Elections: A delayed Brexit; divided Parliament
October 2019 | GP Insights # 173
Brazil’s mysterious oil spill 
October 2019 | GP Insights # 170
Hong Kong Violence: A divide within
October 2019 | GP Insights # 168
Spain: The trouble in Catalonia
October 2019 | GP Insights # 167
Turkey's Offensive in Syria

October 2019 | GP Insights # 161
UK: Boris Johnson announces a Brexit roadmap
October 2019 | GP Insights # 160
Iraq: The Protests Now
October 2019 | GP Insights # 158
China: Celebrating 70 years
September 2019 | GP Insights # 157
UK: Parliament uproar over Boris Johnson’s language
September 2019 | GP Insights # 156
US and Japan: A limited trade agreement
September 2019 | GP Insights # 154
The UN Climate Action Summit: No Action Plan yet
September 2019 | GP Insights # 151
Climate Change protests ahead of the UN Summit

September 2019 | GP Insights # 149
Afghanistan: Taliban’s deadly strikes
September 2019 | GP Insights # 148
Israel: No clear winners in the elections
September 2019 | GP Insights # 147
An Amazon in the East: The Forest Fires in Indonesia

September 2019 | GP Insights # 144
"Glory to Hong Kong": Protesters' New Anthem
September 2019 | GP Insights # 142
Suspension of the British Parliament
August 2019 | GP Insights # 140
Italy: Experiments with a new coalition
August 2019 | GP Insights # 139
Huawei vs Google: The Saga Continues

August 2019 | GP Insights # 136
G7 Summit: Cold responses and little outcomes
August 2019 | GP Insights # 133
Italy: Political turmoil as the PM resigns
August 2019 | GP Insights # 132
Brexit: No backing out on backstop deal
August 2019 | GP Insights # 130
Brazil: The fires in Amazon goes global
August 2019 | GP Insights # 128
Jammu and Kashmir: The UNSC meeting
August 2019 | GP Insights # 127
Israel: US Congresswomen's visit denied 

August 2019 | GP Insights # 121
North Korea: Cyber theft of  $ 2 billion
August 2019 | GP Insights # 120
Hong Kong: China issues a strong warning
August 2019 | GP Insights # 118
J&K: India revokes Kashmir’s special status
August 2019 | GP Insights # 116
US Withdraws from the INF Treaty
August 2019 | GP Insights # 115
The Netherlands ban Burqa

August 2019 | GP Insights # 113
Trump imposes new tariffs on China
July 2019 | GP Insights # 106
Pakistan Airspace Reopens after five months
July 2019 | GP Insights # 105
US excludes Turkey from the F-35 program
July 2019 | GP Insights # 103
US House blocks Trump's Saudi arms deal

July 2019 | GP Insights # 101
Myanmar: US-led  sanctions will not go far
July 2019 | GP Insights # 100
Iran to breach nuclear stockpile threshold
July 2019 | GP Insights # 96
Libya: Attack on Migration Centre kills 60
June 2019 | GP Insights # 93
G20 Summit 2019 in Japan: Early takeaways
June 2019 | GP Insights # 89
Hong Kong Protests: Expanding the Goals?
June 2019 | GP Insights # 87
Protests in Georgia

June 2019 | GP Insights # 85
Xi visits North Korea
June 2019 | GP Insights # 84
Hong Kong: The Protests Escalates Further
June 2019 | GP Insights # 82
Nigeria: The Triple Suicide Bombing
June 2019 | GP Insights # 78
Xi's Visit to North Korea
June 2019 | GP Insights # 75
Sudan: African Union suspends membership

June 2019 | GP Insights # 73
The Gulf of Oman: Attack on Oil tankers
June 2019 | GP Insights # 72
Sudan: The Military orders crackdown
June 2019 | GP Insights # 70
Japan and Iran: Abe’s Peace Mission
June 2019 | GP Insights # 69
India: Two Days, Two Neighbors
June 2019 | GP Insights # 67
India's New Priority: BIMSTEC, not SAARC?

June 2019 | GP Insights # 66
China's First Orbital Sea Launch
June 2019 | GP Insights # 65
China and Russia: Xi Jinping's Moscow Visit
June 2019 | GP Insights # 63
Hong Kong: China's Game Plan

June 2019 | GP Insights # 62
India, US and the S-400: Threat of Sanctions
June 2019 | GP Insights # 61
Sudan: Clampdown on Protestors
June 2019 | GP Insights # 59
Trump's UK Visit

May 2019 | GP Insights # 48
Indonesia: Post-election violence
May 2019 | GP Insights # 44
1500 American troops to the Middle East
May 2019 | GP Insights # 36
US-China Trade Talks

May 2019 | GP Insights # 34
Sri Lanka Attacks: Deepening fault lines
May 2019 | GP Insights # 33
The Huawei Controversy in the UK
Click here for old Short Notes