United States – China Trade Relations

Tuesday November 8, 2016 marked a new age of American politics. Donald Trump shocked the world and became the 45th President of the United States of America. The controversial businessman captivated the American public with his unconventional rhetoric and “in-your-face” campaign style. Throughout his campaign to becoming President he proposed many agendas and ideas on what he thought it would take to “make America great again.” One of his big talking to points during his campaign crusade was that he wanted to put America “first” again. Which means he essentially wants to initiate plans that benefit America first and then worry about the outside world. This was very controversial considering America has always done whatever they could to help other countries. However, Trump and his advisors believe that we as a country might be helping out others and suffering the consequences.

This idea of putting America first goes hand in hand with how he is dealing with international trade, most notably China. Donald Trump has often said that China is responsible for nearly half of our trade deficit and he believes that their government is manipulating their currency. To counter this, Donald Trump has proposed we slap a 45 percent tariff on all Chinese imports. The Trump administration says that this tariff would stem from years of China stealing jobs and manipulating the trade system. Recent studies have put the total job losses in the US associated with the Chinese at 2 million. Most of these jobs are in the manufacturing industry.

Fearing a significant tariff on their imports, China has now threatened to retaliate if these tariffs are in fact imposed. The Chinese government has relayed the message to the US government urging against these “outlandish” tariffs (McDonald). China’s Commerce Minister Zhong Shan stated that the US and China are interdependent and bilateral trade relations would have an impact on the worldwide economy. They are afraid that if things start to escalate a trade war might be imminent (McDonald).

A trade war between the US and China would have significant impact on both economies. First, if trump imposes his tariffs, China’s exports to the United States would fall around 25 percent. This means that China’s annual economic growth would decrease by as much as 1 percent. If China retaliates and imposes a tariff on the US, its economic growth would as much as a quarter percentage point (Reuters). Not to mention the consumers that would ultimately suffer. If Chinese imports get taxed, then companies would be forced to raise their prices, which would then hurt the consumer of said products. Really what this comes down to is the US trying to decrease the trade deficit with China. There are several ideas out there on how to go about this. One idea was that instead of placing a tariff on all Chinese imports, just impose targeted tariffs instead. These tariffs would be put on products that face heavy competition from Chinese imports such as steel, machinery, and auto parts. Another way to decrease the deficit would be enhance service exports to China.

Like any problem, the best to solving one is through discussion. These tensions between the US and Chinese governments are very real and very serious. The two biggest economies in the world are on the brink of a stand-off that could set both economies backwards. Sun Jiwen, spokesman for China’s Ministry of Commerce, believes that these trade tensions will resolve through much-needed dialogue. However, it might take a little more than an open invitation for Trump to join the table of discussion. Trump is playing hardball. He feels that the US has been wronged since China has joined the WTO (World Trade Organization) in 2001 (Reuters). China has said they are willing to sit down with Trump administration to come up with a plan that could benefit both nations. China’s President Xi Jinping has defended free trade on numerous occasions and stated that “no one will emerge as a winner” in an international trade war (Reuters).

These are significant times in our country. The US has always been at the forefront world leadership and it is interesting to see with this new administration how these problems will play out. Every decision has a consequence, good or bad. I hope the Trump administration weighs all of the options before irrationally making a decision. The fate of the United States economy depends on it.

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Major Importing Countries Of Basmati Rice

In the period of worldwide markets and the subsequent improvement of universal licensed innovation rights, clashes emerge between industrialized countries looking to grow new items from plants, and creating countries trying to profit by their indigenous vegetation. One case is the contention over basmati rice. Since quite a while ago recognized as beginning in the Indian sub-landmass, basmati rice is prized for its unmistakable fragrance, season, and long, slim, fleecy grains.

A standout amongst the most essential measures of numerous Asian nations’ financial execution is the cost and nature of its rice. It’s no big surprise, at that point, that policymakers have taken huge walks in endeavoring to control the flow of their national rice exchange request to balance out their particular residential markets. The five best shippers of rice are in charge of around 30% of the aggregate worldwide exchange, and the main ten are dependable around half of aggregate rice imports around the world. A large portion of the real players, including the latest best merchant, China, are situated in Asia, which is the landmass most in charge of movements on the planet’s rice showcase. Other huge rice-bringing in nations incorporate Nigeria, the Philippines, Iran, and Indonesia.

A considerable lot of the real players, including the latest best shipper, China, are situated in Asia, which is the landmass most in charge of movements on the planet’s rice showcase. Other noteworthy rice-bringing in nations incorporate Nigeria, the Philippines, Iran, and Indonesia. A lot of the rice mill plants have been established seeing the necessity of rice as a food supplement. The increasing demand in the current scenario is the basis of increase and expansion of the business of the basmati rice exporters.

The future of rice trade:

In spite of massive increases in the course of recent years, the worldwide rice advertise has been experiencing a few times of compression over the recent years. Notwithstanding this, the world’s rice exchange is required to experience real development in years to come, as key nations keep on initiating projects to build their rice generation and radically chopped down their reliance on imported rice.

As the world’s best buyers of rice modernize their ways of life and enhance their separate eating regimens, interest for new assortments of rice is additionally anticipated that would increment, taking into account different nations to assume progressively essential parts in the worldwide rice advertise. China’s uncommon development in 2015 came as amazement and, to this date, regardless of whether it will keep on dominating the market remains an intense inquiry to reply. Specialists guarantee that by the year 2040 an extra rice supply of no under 112 million tons will be required to take care of the developing worldwide demand, particularly if nations like Africa neglect to address their own developing populaces and in this manner more noteworthy sustenance asset necessities.

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How to Be a Fashion Designer

To be or not to be a fashion designer is a tough choice. Fashion designers are not people you get introduced to all the time. And successful fashion designers are usually too busy or too secretive to share how they got the job. So it can be a dilemma on whether you should take the plunge and invest a small fortune on an unknown future.

No rewarding career in life is ever made to be simple. Fashion design is no exception. Famous designers work extremely hard for their fame and money. But one thing is for sure – if you plan from the start to dedicate yourself, half the battle is won.

Many professionals in the fashion industry will readily agree that fashion students nowadays think that they deserve a paycheck without “paying their dues.” What dues, you ask? Most of them might sound like modern-day slavery. This includes frequent 18-hour work days; weekends spent at work; fetching coffee for the entire department; and being criticized and picked on constantly by co-workers.

Yes, the horror stories you see on reality TV are true. Some of them at least. In a creative industry, anything can happen. So be prepared for it.

Still want to be a fashion designer come hell or rain?

Here are three mantras you should memorize:

1) Your portfolio is your design identity

Just like how celebrity models value their looks and work on maintaining their charm, you have to do the same for your portfolio. Future employers and the public are going to judge you based on your skill to design fabulous pieces. And your portfolio is going to show them exactly what you are capable of.

No matter how hard you work, procrastination can be really hard to beat sometimes. So the best way to get the most versatile fashion design portfolio would be to enroll for a fashion course. Being in school will force you to leave your comfort zones. With the right training and dedication, results are often impressive.

2) Understand why people dress the way they do

The Japanese have their kimonos, the Indians have their saris, and the Chinese have their cheongsams. Even though global fashion is now mainly influenced by top fashion cities like Paris, New York, and London, people around the world still dress differently. A true fashion designer has the EQ to understand what customers want and need.

Are people feeling warm in tropical climates? Do others need to cover up for religious reasons? What kind of jobs do they have? Are your designs simplistic yet stylish enough to be worn every day?

When it comes to fashion psychology, the variables are endless. Yes, you may argue that it is more fun to design for haute couture. But in reality, fashion is more of a business than an art. Even the rich from the highest echelons are still humans. One of the best ways to grow as a fashion designer is to create clothes for everyday people.

The exciting bit about fashion is that it changes every day. So no two days will ever be exactly the same.

3) Find a good fashion school

It can make all the difference in your life. Good schools have the facilities you need. And they also hire lecturers who are well-connected within the industry. Have plans to be an international fashion designer? Consider enrolling into an international school. This allows you to meet many sorts of people from around the world. And it can help you learn a bit more about understanding people like mentioned earlier.

While in school, you will work on assignments necessary to build the best portfolio before you graduate. You will make your own fashion collections, sketch your best designs, and pay homage by studying about the various designs and designers that made fashion history. A fashion design student’s life is nothing short of colorful and exciting.

If you feel that your country may be too conservative for full creative expression, an alternative is to study fashion abroad. Countries like Australia and Singapore are ideal for an English-speaking environment and career opportunities after graduation.

Feeling adventurous? Studying in developing nations can help you save money on craft materials. Not to mention, countries with strong manufacturing industries allow you to build a contact list of reliable suppliers. This will come in handy when you want to start your own label. Living costs in a developing nation is also less costly, so you spend less on your overall education. Countries like China, Thailand, and Sri Lanka can offer you this experience.

Want to find out more about studying fashion design abroad?

Everyone’s case is unique and we want to give the best advice that works for you. To ensure quality education every semester, there are limited seats in Raffles. And they are filling up fast! Need more information? Fill up an enquiry form and an experienced Education Consultant will provide you with a free consultation.

Donald, International Admissions Director of Raffles Education Corporation, a leading education provider in Asia Pacific operating 36 fashion design colleges across 33 cities in 13 countries (Malaysia, Singapore, Thailand, New Zealand, Australia, Vietnam, Bangladesh, India, China, Hong Kong, Cambodia, Sri Lanka & Indonesia). Certifications such as Advanced Diploma, Bachelor and Master Degrees are also offered for various design disciplines such as visual communication, animation, multimedia, interior design, product design, jewellery design, biomedical, infocomm security and early childhood.

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