How big are you anticipating the Stablecoin market will get and how does that translate to Treasury demand. Yeah, thanks again for having me. You know, it's an enormous victory today and it really sets the stage for us to demonstrate our leadership when it comes to financial innovation.Because what this bill does is it says if we modernize the payment system globally, we now have a digital asset that has rules of the road established by Congress for what backs those those digital assets. It provides enormou ...

Yeah, it's a great day for the American people because we are going to provide regulatory and legislative clear clarity to the use of stable coins for modernizing the payment system. You know, as we identify new ways to use technology, we can more quickly, more cheaply, and more securely facilitate payment around the world. And so what this is going to do is it's going to even further cement the dollar as the world's reserve currency because by making it easier for people trading internationally for imports ...

China’s government is threatening to block a deal that would transfer ownership of dozens of seaports to Western investors if Cosco doesn’t get a stake https://t.co/VD83gJx5VT ...

The U.S. is one of the largest trading nations in the world. Mexico, China, Canada, Germany, and Japan are its largest sources of goods from overseas. https://t.co/mnG01gj0Q9 ...

International Trade - The industry observes the president as a supporter of multilateral institutions, particularly in international trade [1]

Should we be putting this on recording? Well, let's start. This is the fifth in our series, the Wolf Krugman Exchange. I'm Martin Wolf, chief economics commentator of the Financial Times. And I'm Paul Krugman, professor at the City University of New York and author of an independent Substack newsletter. And today's episode is being recorded on Monday, June 30th, uh, at 9 in the morning in Massachusetts, where I am now, and 2 p.m. in London. Um, tell us where you've been recently, Paul. Yeah. Um, um, occasio ...

Core Insights - The Canton Fair, established in 1957, is a significant biannual event that showcases the internationalization of China's trade [2][3] - The current edition has attracted nearly 43,000 exhibitors and around 250,000 visitors, covering an area of 1.55 million square meters [3][4] Global Reach and Promotion - The fair has expanded its international reach through promotional events in various cities, including Vienna, Budapest, and Amsterdam, as well as in African countries like Nigeria, Ethiopia, and Kenya [5] - The Canton Fair has been instrumental in helping Chinese brands, such as BYD, Huawei, Haier, and Lenovo, gain global recognition and market penetration [6] Opportunities for Businesses - The fair provides a platform for both large and small businesses to network and expand beyond major Chinese cities [8] - It accommodates a diverse range of sectors, with the spring fair focusing on electronics and home appliances, while the autumn fair emphasizes textiles and consumer goods [9] Changing Business Mindset - The participation of big companies aims to enhance international exposure and experience, reflecting a shift in the business mindset of Chinese exhibitors towards more proactive engagement in international trade [11][12] - The rise of Chinese fashion brands and designers illustrates the evolving outlook of Chinese enterprises in the global market [13] Cultural Appeal - The fair is complemented by the cultural attractions of Guangzhou, enhancing the overall experience for visitors [14] Future Prospects - The latest edition of the Canton Fair is expected to be larger and more impactful, aligning with the growing importance of international trading opportunities [15][16]

If you open a map that tracks ships, zoom in on the Indian Ocean, then turn on live tracking, the vital arteries of global commerce become obvious. Without access to it, trade between Europe, the Middle East, Africa and Asia would basically grind to a halt. These are the chokepoints, the critical passages that fuel the world economy.For India, they’re non-negotiable, carrying almost all its trade and energy. Since the Indian Ocean is named after India, it is quite integral to India’s worldview. But it’s als ...

Core Viewpoint - The Shilongyan Terminal in Sichuan has successfully welcomed large cargo ships, enhancing its capacity for international trade and contributing to the economic development of Luzhou [3][4]. Group 1: Terminal Operations - The Shilongyan Terminal has received three large cargo ships since May, with a total cargo throughput exceeding 300,000 tons, and is expected to surpass 600,000 tons for the year [3]. - The terminal is facilitating the import of lithium ore, iron ore, and construction materials from countries like South Africa, Zimbabwe, and Australia, while exporting local products such as pulp and PVC granules [3][5]. Group 2: Transportation Efficiency - Water transport at the terminal is significantly more cost-effective than land transport, costing only 0.02 yuan per ton per kilometer compared to 0.5 yuan for land transport, saving substantial costs for cargo owners [3]. - The terminal's strategic location reduces transportation distances by approximately 30 kilometers compared to nearby container terminals [3]. Group 3: Strategic Partnerships - The terminal is actively collaborating with well-known companies in the logistics industry, including Jiangsu Tianyou Logistics and Chongqing Shipping Group, to enhance its operational capabilities [5]. - The Shilongyan Terminal is entering a new era of handling large vessels, which is expected to increase its visibility and influence in the logistics sector [5]. Group 4: Future Development - The terminal aims to expand its shipping routes and establish trade connections with more countries and regions, supporting Luzhou's goal of becoming a new inland open highland [5].

中国可以印度却不行？无奈对华让步的特朗普，把气撒在了印度身上！ 美国高举关税大棒，全世界都不敢轻举妄动，在特朗普的威逼利诱下，很多国家选择向美国靠拢，或保持妥协姿态。然而，只有中国选择另外一条路，那就 是不卑不亢，坚决反制，最终成功争取到美国降低关税的承诺。 不久前，中美代表在瑞士日内瓦上演了"拉锯战"似的贸易谈判，经过两天的会晤，双方终于决定，在未来的3个月内降低关税，幅度高达115%。 消息一出，瞬间引爆国际热议。有人说，这是美国政府自吹自擂下被迫让步后，中国取得的一次谈判胜利。而中国的举动，似乎给了印度一些"启发"，印度 总理莫迪又开始了他的神奇操作。 据彭博社消息，近日，印度政府在WTO发起申诉，希望对部分美国商品加征关税，以回应美国对印度加征的25%钢铝税，印度认为，这给他们造成了76亿 美元的损失，摆明了是要找补。 只不过，这和印度之前的态度可是截然不同。上个月特朗普对华加税的同时，也威胁要对印度所有商品加征26%的"对等关税"。美国副总统万斯出访印度 时，莫迪的姿态可是放的非常低，暗示可以两国通过快速谈判达成协议，比如说将印度对美国的贸易关税差，从13%降到4%，以换取美国对印度的关税豁 印度现 ...