Many are upset at the President for the little action that has been done to improve the economy. However when the idea that public sectors such as state owned power stations be sold into the private sector, Ramaphosa puts his foot down. He isn't buying into the idea of privatization, which may be stemming from South Africa's deal with the IMF.

I connect this with Chorev’s making medicine article because if companies like this were to expand from the U.S., produce somewhere else, and import the medicine, not only would the U.S. benefit from the less strict regulations, but another country would have access to the medicine and technology they wouldn’t otherwise have. 

China is hesitant to liberalize because they knew that as a developing country this would only hold them back and make them vulnerable to global super powers. However foreign firms don’t want their technologies going to the Chinese government, which is hindering China’s growth.(social remittance: technology) The US wants to push for the liberalization of China to ensure its own growth, Trump is pushing this agenda through the trade war. 

 

Trade is no longer between two parties, in todays globalized world trade can affect the entire globe. With the trade war, other countries are losing money. This can be devastating. We can only hope that trump’s war on trade proves positive for growth on both ends. 

 

This goes hand in had with our soccer unit. The World Cup is a huge deal to many countries and China wants to win and are extremely ashamed of their team. China doesn’t want to be a country known for it’s immigrants and therefor the Brazilian is going to face a lot of racism. Also remittance can be at play if the player is sending money back to Brazil or brining his knowledge back to Brazil. 

To end the trade war between China and the US, a mini trade deal has been proposed. Trump will stop raising tariffs if china buys two times the amount of farming goods (such as soy). However even if this new deal is signed there is no saying as to weather or not the trade war will actually come to an end. 

 

If we can get China to buy all that soy, that will be a huge influx of money into the US’s economy, especially into the farming industry. The US isn’t known for it’s exports, only its imports so this would be a win for the US. Maybe even trump would benefit because most of his supporters come from the Midwest where they are growing these crops. He would probably get a lot more lobbying money from them if this deal goes through.