Trade War With China
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Trade War With China
A trade war is an economic conflict often resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other in response to trade barriers created by the other party. If tariffs are the exclusive mechanism, then such conflicts are known as customs wars, ''toll wars'', or ''tariff wars''; as a reprisal, the latter state may also increase the tariffs. Trade war arises only if the competitive protection between states is of the same type and it is not valid in case of dumping exports (Perju, 2009). Increased protection causes both nations' output compositions to move towards their autarky position. Minor trade disagreements are often called trade disputes when the war metaphor is hyperbolic. Trade wars could be escalated to full conflict between states, as evidenced in the Massacre of the Bandanese after alleged violations of a new treaty. The First Anglo-Dutch War caused by disputes over trade, the war began with English ...
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Economic Conflict
Economic warfare or economic war is an economic strategy utilized by belligerent nations with the goal of weakening the economy of other states. This is primarily achieved by the use of economic blockades. Ravaging the crops of the enemy is a classic method, used for thousands of years. In military operations, economic warfare may reflect economic policy followed as a part of open or covert operations, cyber operations, information operations during or preceding a war. Economic warfare aims to capture or otherwise to control the supply of critical economic resources so friendly military and intelligence agencies can use them and enemy forces cannot. The concept of economic warfare is most applicable to total war, which involves not only the armed forces of enemy countries, but also mobilized war-economies. In such a situation, damage to an enemy's economy is damage to that enemy's ability to fight a war. Scorched-earth policies may deny resources to an invading enemy. Polici ...
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Battle Of Kowloon
The Battle of Kowloon () was a skirmish between British and Chinese vessels off the Kowloon Peninsula, China, on 4 September 1839, located in Hong Kong, although Kowloon was then part of the Guangdong province. The skirmish was the first armed conflict of the First Opium War and occurred when British boats opened fire on Chinese war junks enforcing a food sales embargo on the British community. The ban was ordered after a Chinese man died in a drunken brawl with British sailors at Tsim Sha Tsui. The Chinese authorities did not consider the punishment to be sufficient as meted out by British officials, so they suspended food supplies in an attempt to force the British to turn over the culprit. Captain Charles Elliot was the chief superintendent of British trade in China, and he sailed to Kowloon in the cutter ''Louisa'' for food supplies during the embargo, accompanied by the schooner ''Pearl'' and a pinnace from HMS ''Volage''. They encountered three Chinese junks, and Elli ...
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Warren G
Warren Griffin III (born November 10, 1970) is an American rapper and producer known for his role in West Coast rap's 1990s ascent.Steve Huey"Warren G: Biography" ''AllMusic.com'', Netaktion LLC, visited May 8, 2020. Along with Snoop Dogg and Nate Dogg, he formed the hip-hop trio 213, named for Long Beach's area code. A pioneer of G-funk, he attained mainstream success with the 1994 single " Regulate", a duet with Nate Dogg. The younger stepbrother of rapper Dr. Dre, he introduced him to Snoop Dogg, who Dre later signed. His debut album, '' Regulate... G Funk Era'', debuted at #2 on the US Billboard 200 chart, selling 176,000 in its opening week. The album later went on the sell over 3 million copies in the US and was certified 3x multi-platinum. The single " Regulate" spent 18 weeks in the Top 40 of the Billboard Hot 100, with three weeks at No. 2, while " This D.J.", reached No. 9. Both songs earned Grammy nominations. Three songs from his second album, ''Take a Look Over Y ...
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Senate Finance Committee
The United States Senate Committee on Finance (or, less formally, Senate Finance Committee) is a standing committee of the United States Senate. The Committee concerns itself with matters relating to taxation and other revenue measures generally, and those relating to the insular possessions; bonded debt of the United States; customs, collection districts, and ports of entry and delivery; deposit of public moneys; general revenue sharing; health programs under the Social Security Act (notably Medicare and Medicaid) and health programs financed by a specific tax or trust fund; national social security; reciprocal trade agreements; tariff and import quotas, and related matters thereto; and the transportation of dutiable goods. It is considered to be one of the most powerful committees in Congress. History The Committee on Finance is one of the original committees established in the Senate. First created on December 11, 1815, as a select committee and known as the Committee o ...
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