tldrdaily.news logo
Tag

Economic Retaliation

All articles tagged with #economic retaliation

international-relations2 years ago

"Global Tensions Rise as $300 Billion in Russian Assets Threatened by West"

Russian propaganda media claims that Western firms could lose up to $288 billion in retaliation for the freezing of Russian assets, with G7 leaders set to issue a stronger statement on efforts to confiscate these assets for Ukraine's reconstruction. The data obtained by RIA Novosti shows that EU, G7, Australia, and Switzerland have significant investments in the Russian economy, with EU countries owning $223.3 billion in assets. Russia is reportedly preparing a lawsuit to prevent the US and EU from confiscating part of the Central Bank's $300 billion in frozen assets.

via Yahoo News|
#economic-retaliation#g7#international-relations
politicseconomy2 years ago

"US Lawmakers Warn of Economic Consequences in Escalating Tech War with China"

The House Select Committee on the Chinese Communist Party has issued a report with 150 recommendations to strengthen the American economy and better compete with China. The report emphasizes the need for a contingency plan for the economic impacts of conflict with China, diversification of supply chains, crackdown on illicit trade practices, and technological advancements. The recommendations received bipartisan support, but concerns were raised about potential economic retaliation and the impact on industries like agriculture. The committee also called for tariff reform to prevent products made with forced labor from entering the US market.

via KOMO News|
#chinese-communist-party#economic-retaliation#house-select-committee
politicseconomy2 years ago

"House Committee Urges Urgent Action to Strengthen US Economy Against China's Growing Influence"

The House Select Committee on the Chinese Communist Party has issued a report with 150 recommendations to strengthen the American economy and better compete with China. The report emphasizes the need for a contingency plan for the economic impacts of conflict with China, diversification of supply chains, crackdown on illicit trade practices, and technological advancements. The recommendations received bipartisan support, with concerns raised about potential economic retaliation and the impact on industries like agriculture. The committee also called for tariff reform to prevent products made with forced labor from entering the US market.

via KATU|
#chinese-communist-party#economic-retaliation#house-select-committee