Friday, April 6, 2018

BA223
4-5-2018
TOPIC 1: ABOUT YOU -- Who's who in BA223-Principles of Marketing this term:


  • What prompted you to enroll in this course?
  • Are you a business/marketing major?
  • What are you most interested in learning about marketing?
  • Tell us something you are passionate about outside of college (e.g. I'm a runner. This past year I ran two relays -- Hood to Coast and Wild Rogue; and some half marathons ...)

1. At the beginning I enroll BA223 because it's one of my major class, after the first week I found that this class is really interesting about the marketing priciples

2. My major is business. Because my father is a business man and I started get in touch with business when I was still at middle school.

3. My most interested in learning about marketing is how the market works and the principles of marketing.

4. Last year I traveled to Japan at summer vacation. I went to Tokyo and Hokkaido which is very beautiful.


Topic 2

    The article I found on CNBC is about the tariff gamble between the USA and China. In the recent week when I was looking at every American and Chinese online marketing news sites I can found the news which wrote about the tariff gamble between the US and China. Both America and China are increasing the tariff on many products like farming and industrial products. After China respond to President Trump’s 50 billion dollars threat in tariffs, President Donald Trump and his top trade negotiator announced another 100 billion dollars in retaliatory tariffs on April 5th, 2018.
    President Trump’s proposition of the tariff policy is to make China -the 2nd largest economy in the world back down. The tariff gamble between America and China will be catastrophic for the economy and marketing system especially on agriculture and light industry in two countries. The article mainly discussed about the possible result about President Trump’s policy. “He's injected massive volatility into the stock market, ratcheting up uncertainty for companies that export to and do business in China and threatening to worsen inflation through higher consumer prices.”
    The unique about the tariff gamble this time is that the Chinese government said they will fight US to the end. I believed this is the first time since the United States and China started to approach with each other. But the tariff gamble is unwise absolutely. The global market has already formed, any kind of tariff gamble is bad to the whole world, especially it’s between the 1st and 2nd largest economy in the world. If I’m President Trump’s trade negotiator I will suggest not start this fight from the beginning, not because I’m a Chinese but because the gamble will hurt both countries. There is no winner in the tariff gamble or trade wars. If the trade wars completely begin, it tanks the stock market and slow the economic growth in both China and the USA.
    From this article I learned that the global market has already formed. The market brings all the economies together and brought all economies tightly. And any forms of trade wars are bad for global market.


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