US
In this arena, economic tools are employed to escalate conflict horizontally
Commercial weapons deployed by US, China involve different tactics
Despite tariffs and Covid-19, China’s exports to US back to pre-trade war levels
Persistent deficit can lead to more indirect taxes, higher petroleum levies
Public Finance Management Act fails to regulate supplementary budgets
Tolerance of tax loopholes is decreasing in corona-hit EU states
Integrated plan by big nations for fiscal support of emerging economies missing
Ultimate challenge is to turn agreement into action and results
After earlier limiting rare-earth supply, Beijing suddenly jacked up quotas to record high
There is no written deal that indicates negotiations can be quite long