(Uploaded 8/25/20) TikTok is a very popular app with over 1 Billion downloads, which translates to almost 1/7th of World Population. This app is very popular among youngsters here in the USA, just as it has taken the world by storm. TikTok like all other “free” social media platforms, treats its users as their product, their personal data as its currency, and their Business Model is predicated on trading one’s personal information to use these “free” services. The app’s privacy policy says TikTok “may share your information with a parent, subsidiary, or other affiliate of our corporate group” while
Category: US Trade Policy
Full Global Recovery after Great Recession of 2007 has occurred – What Next for our Trade Negotiations?
Published in Oct 2017 Based on data published by International Monetary Fund (IMF), it appears that we have successfully recovered from the Great Recession of 2007. Global Growth has picked up around the world in what is being termed as “synchronized global growth” across the globe. Hence, ten years after the Great Recession started, global economic growth is accelerating and stock markets around the world are hitting record highs. The IMF stated that “The outlook is strengthening, with a notable pickup in investment, trade, and industrial production, together with rising confidence.” However, this has been tempered with the caveat
NAFTA 2.0 Renegotiations Kickoff – Fair and Favorable to our American Interests needed urgently
Posted before NAFTA Renegotiations started on Aug 15, 2017 Bilateral negotiations between USA, Canada and Mexico are scheduled to start tomorrow to renegotiate NAFTA (North American Free Trade Agreement) which was earlier signed into law in the 1990s. NAFTA was negotiated with the premise that countries in North America had deep relationships and North Americans compete as a block (bound competitiveness). However, in the intervening two decades, we have seen that the business landscape has undergone a sea change since the original NAFTA was negotiated when internet commerce did not exist. In the guise of an Inclusive Trade Agenda,