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Commentary: The world should prepare itself for the Donald Trump boom

The global economic outlook looks promising — especially if you are an Asian exporter, says one observer at the Financial Times.

Trade war fears eased by plans for US-China talks

Treasury secretary ‘cautiously optimistic’ amid welcome for Beijing visit

Trump’s trade fight is getting blasted by some of the most powerful economic groups in the world

President Donald Trump has begun a pursuit of protectionist trade policies – like tariffs.

Major economic groups including the Federal Reserve, World Trade Organization, and International Monetary Fund have all warned against these measures.

The groups warned that continued protectionist policies could sink the global economy.

President Donald Trump’s recent trade moves have drawn a strong rebuke in recent days from the world’s largest economic organizations – all of who are sending dire warnings about the risk of a trade war.

Officials from the Federal Reserve, International Monetary Fund, and World Trade Organization have all mentioned the recent rash of protectionist policy and rhetoric, particularly from the US, in terse public statements over the past few weeks.

US brands suffer collateral damage in Chinese corporate war

The well-known American brand saw its Tmall sales plummet 10 to 20 percent for the year.

"Based on our sales record, we should have been in a prominent position, but we were at the bottom of the page," said the brand's e-commerce director, who spoke only on condition of anonymity for fear of further retaliation. "That's a clear manipulation of traffic. That's a clear punishment."

Executives from five major consumer brands told the AP that after they refused to enter exclusive partnerships with Alibaba, traffic to their Tmall storefronts fell, hurting sales. Three are American companies with billions in annual sales that rely on China for growth.

In a statement, Alibaba Group Holding Ltd. said pursuing exclusive deals is a common industry practice and called the charges of coercion "completely false."



The EU has one week to avoid a trade fight with the US

Fears of a US-China trade war have overshadowed another major dispute that could escalate within days.

Unless French President Emmanuel Macron and German Chancellor Angela Merkel are able to persuade President Donald Trump to change course during their visits with him this week, US tariffs on steel and aluminum imports from the EU will take effect on May 1.
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