China warned of ‘substantial’ trade war tariff increases by US President Donald Trump if deal is not reached

In a speech in New York, the US president reiterates that scheduled 15 percent tariffs will be imposed on December 15 if a deal is not reached Interim agreement expected to include a US pledge to scrap tariffs scheduled for … Read More

China Considers Currency Changes as Pressures Mount

posted in: Far East, News

A Benjamin Franklin US 100-dollar banknote and a Chinese 100-yuan banknote depicting late Chinese chairman Mao Zedong are seen in a photo illustration, Jan. 21, 2016. ~Reuters Under pressure from a slowing economy, rising tariffs and skittish investors, China’s government … Read More

Pence takes the new U.S. Asia strategy on the road

posted in: Far East, News

Vice President Pence in Kalispell, Mont., on Nov. 5. (Justin Franz/Flathead Beacon/AP) More than a dozen Pacific nations will convene in the capital of Papua New Guinea next week, where Vice President Pence will lay out the next phase of … Read More