The Partnership for Global Infrastructure and Investment (PGII) is the United States’ latest attempt to challenge China’s global investment strategy, the better-established Belt and Road Initiative, but it is unclear how serious a challenge PGII can present to Beijing.
“The moment regular folks beat [Wall Street] at their own rigged game, it’s SHUT IT DOWN.” US Representative Ilhan Omar (D-Minnesota) expressed the views of many progressives as the country and the world absorbed the impact of the “short squeeze” on GameStop and other stocks.
US Commerce Secretary Wilbur Ross has a stark message for those who fear that Trump administration policies could lead to a global trade war: He says that the war is already on and now the United States is prepared to join it in earnest.
