Above the line/below the line policy

Topic

A strategic trade policy framework for China proposed by Howard Lutnick. It allows for open trade of non-strategic goods ('below the line') while restricting trade in critical, national security-sensitive technologies like advanced AI chips ('above the line').


entitydetail.created_at

7/26/2025, 7:22:21 AM

entitydetail.last_updated

7/26/2025, 7:27:03 AM

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7/26/2025, 7:24:28 AM

Summary

The "Above the line/below the line policy" is a proposed trade strategy for the United States, outlined by potential Trump administration officials such as Howard Lutnick, to gain an advantage in the global AI arms race against China. This policy aims to differentiate between strategic technologies and general commerce in trade relations with China. It is integrated into a broader economic vision that includes leveraging AI for a capital expenditure and productivity boom, implementing tariffs for onshoring, encouraging domestic building through immediate expensing, significantly increasing energy production (natural gas and nuclear), forming AI Economic Zones with trusted partners, and mandating the divestment of TikTok to American owners.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Context

    Potential Trump administration economic agenda

  • Policy Type

    Trade Strategy

  • Primary Goal

    Compete with China in the global AI arms race

  • Core Mechanism

    Differentiating between strategic technologies and general commerce in trade with China

  • Target Country

    China

  • Proposer/Describer

    Howard Lutnick

Timeline
  • The 'Above the line/below the line policy' is described by Howard Lutnick as a key component of the international trade strategy for a potential Trump administration, aimed at differentiating strategic technologies from general commerce with China. (Source: Document 6fe8de57-cccf-428f-9e98-50534833bad5)

    Proposed

Below Poverty Line

Below Poverty Line is a benchmark used by the government of India to indicate economic disadvantage and to identify individuals and households in need of government assistance and aid. It is determined using various parameters which vary from state to state and within states. The present criteria are based on a survey conducted in 2002. Going into a survey due for a decade, India's central government is undecided on criteria to identify families below poverty line. Internationally, an income of less than ₹150 per day per head of purchasing power parity is defined as extreme poverty. By this estimate, about 12.4% of Indians are extremely poor as of year 2012. Income-based poverty lines consider the bare minimum income to provide basic food requirements; it does not account for other essentials such as health care and education. As there is no update of population estimate by the government since 2011, the data on poor people in India is not available. Estimates vary from 34 million to 373 million.

Web Search Results
  • Above the Line vs Below the Line Deductions Explained

    An above-the-line deduction is any item you subtract from your gross income to arrive at your AGI. Below-the-line deductions are deducted after you calculate your AGI to arrive at your taxable income. Effectively, these two types of deductions have different functions and are applied at different stages in the process of calculating your taxable income. However, both deduction types help you reduce your taxable income. [...] Income tax deductions are divided into two categories: above-the-line deductions and below-the-line deductions. "The line" refers to your adjusted gross income (AGI). This is a figure that you calculate using the Internal Revenue Service (IRS) Form 1040. Your AGI is used as a base to calculate your taxable income. The main difference between above-the-line and below-the-line deductions is that above-the-line deductions are used to calculate your AGI: [...] You can find above-the-line deductions on Schedule 1, Part II of Form 1040. Common above-the-line deductions include: The employer-equivalent portion of self-employment taxes Health savings account (HSA) contributions Health insurance premiums IRA contributions and contributions to qualified retirement plans like traditional 401(k), 403(b), and 457(b) accounts

  • What is the difference between ATL, BTL and TTL advertising?

    Above the Line, or ATL Marketing, refers to generally untargeted, massive campaigns to raise brand awareness and reach more people; below the Line, or BTL Marketing, refers to the much smaller and highly targeted world of ads, aimed at individuals and with easy to track returns on investment and a definitive audience; and finally, through the Line, as you can imagine, uses both of these approaches to gain both widespread band awareness and focused, targeted returns. [...] So, what is the difference between ATL, BTL, and TTL? Above the Line Marketing are advertising activities that are largely untargeted, aimed at a large number of people in order to generally improve brand awareness and image while finding it more difficult to quantify results and ROI. Below the Line Marketing is more specific to potential customers, targeting people with content that will speak to them and being much easier to see the impact it has. Through the Line Marketing involves combining [...] Table of Contents What is ‘the Line’ and where did it come from? Above the Line Marketing (ATL) Examples of Above-the-Line Promotion Advantages of ATL Marketing Below the Line Marketing (BTL) Examples of Below the-Line Promotion Advantages of BTL Marketing Disadvantages of BTL Marketing Through the Line Marketing (TTL) Conclusion Posts navigation Image 5: What-is-the-difference-between-ATL-BTL-and-TTL-advertising Share at:

  • What Are Above-The-Line Costs? What's Included vs. Below-The-Line

    A different interpretation of above the line can mean all income or expenses related to normal business operations. That's all activity on the income statement that relates to profits and not the transactions that only impact the cash flow statement or balance sheet. In this case, below the line would include only extraordinary or non-recurring income or expenses. Or any transaction that does not impact the company’s ongoing revenue or profits. [...] ## Above-the-Line Costs vs. Below-the-Line Costs Above-the-line costs are generally considered the costs that are connected to creating the company's product. These costs would cover worker salaries, equipment, raw materials, and maintenance. Below-the-line costs are the other expenses that keep the company going. For example, these costs cover printer paper and fax machines, management and human resources, advertising campaigns, and the salaries of the accounting department. [...] For manufacturers, above-the-line costs are just another way of saying costs before operating expenses. These are likely to include the costs of raw materials, facilities, wages, and other expenses to manufacture the final product and deliver it to consumers. These costs are subtracted from sales to arrive at gross profit. Gross profit is the so-called line.

  • Above The Line Vs Below The Line Marketing [Infographic] | Koozai

    Typically, above the line is used in the awareness and consideration stages. Whilst some of this advertising will go onto ‘convert’ this will usually be significantly further on down the customer journey. These activities really build the first stages of the funnel. Below the line activities are much more audience centric and the intention behind the engagement shows that there is the opportunity to convert these users. ### Measurement [...] From all that has been discussed above, you can see that there is considerable merit in using below the line activities to drive your business. There are more metrics readily available and campaigns and outreach are far easier to measure. Below the line advertising is also a substantial revenue driver for many businesses so in our eyes this is the clear winner. [...] This means that below the line channels are ideal for delivering highly targeted product messages to much smaller audiences that are likely to convert as a direct result of the advertising message. Furthermore, below-the-line advertising can be tracked much more accurately and easily than above the line. The data available means that marketers can trace the precise ROI or a particular message, or campaign, which means below-the-line advertising spend can be scrutinised.

  • Above the line vs. below the line: 5 key differences - Zeni AI

    BTL expenses are typically recorded on the profit loss statement after the operating profit line, hence the term "below the line." These accrued expenses do not directly affect the calculation of gross or operating profit. BTL expenses might include what you spend on promotional campaigns, attorney charges, travel-related costs, insurance dues, and interest on borrowed capital. [...] BTL expenses, on the other hand, may not be fully deductible in the year they occur and are typically considered itemized deductions on tax returns. For instance, depreciation is spread over the useful life of assets, and interest expenses may have limitations on deductibility. Understanding the tax treatment of above-the-line vs. below-the-line deductions helps you achieve accurate tax planning and compliance. ### 5. Volatility [...] One of the foundational elements to understand is what categories to use. Â Conventional accounting and the finance industry broadly sort expenses into two primary groups: above the line (ATL) and below the line (BTL). Grasping the distinctions between these two categories is vital for both business owners and financial officers alike. In this article, we'll explore the key differences between above-the-line vs. below-the-line expenses and help you understand the impact they have on your