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China to remove tariffs on some U.S. products, but not pork or soybeans
A fisherman carries fish near a port in Qingdao, China’s Shandong province, on Sept. 1. Beijing agreed to exempt some animal-feed products, such as fish meal, from retaliatory tariffs. (Str/AFP/Getty Images) BEIJING — China extended an olive twig, rather than a branch, to the United States in their trade war Wednesday, announcing it would exempt 16…
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German Chancellor Angela Merkel hopes US-China trade war will be over soon
German Chancellor Angela Merkel at a welcome ceremony with Chinese Prime Minister Li Keqiang before their meeting at the Great Hall of the People in Beijing yesterday.PHOTO: DPA German Chancellor looks to start a new phase in EU ties with China at the summit next year BEIJING • German Chancellor Angela Merkel said at the…
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German Chancellor Merkel visits central China’s Wuhan
German Chancellor Angela Merkel visits Wuhan Yangtze River Bridge in Wuhan, the capital city of central China’s Hubei Province, Sept. 7, 2019. German Chancellor Angela Merkel visited Wuhan on Saturday. (Xinhua/Xiao Yijiu) WUHAN, Sept. 7 (Xinhua) — Angela Merkel Saturday visited central China’s Wuhan during her 12th trip to the country as German Chancellor since…
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World powers need to help the US win a trade deal with China, says ex-Trump negotiator
KEY POINTS One “critically important” thing to a trade deal is unity from allies — and it is in the “self-interest” of Europe, Japan and others to work with the U.S. on those trade issues, he added, said former top White House negotiator Clete Willems. In fact, French President Emmanuel Macron already alluded to his concern…
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Graham: ‘Accept the pain’ that comes with trade between US and China
Sen. Lindsey Graham, R-S.C., said on Sunday that Democrats should not criticize President Trump for taking on China over trade as they have complained for years about Beijing’s policies but done nothing. “Every Democrat and every Republican of note has said China cheats,” Graham said on CBS News’ “Face the Nation.” “The Democrats for years have been claiming that…
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China announces it seeks ‘calm’ end to trade war, as markets tank and currency hits 11-year flatline
China signaled Monday it is now seeking a “calm” end to its ongoing trade war with the U.S. and President Trump voiced optimism about a deal, as Asian markets crumbled and China’s currency plummeted to an 11-year low following the latest tariffs on $550 billion in Chinese goods announced last Friday by the Trump administration. “I think we’re going to…
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China announces tariff hike on $75 billion of US products
China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession. China also will increase import duties on U.S.-made autos and auto parts, the Finance Ministry announced. The…
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Trade war explodes as Trump clashes with US firms over ‘order’ to abandon China, block fentanyl shipments
President Trump’s trade war with China boiled over Friday as Beijing slapped retaliatory tariffs on America and the president declared he’s ordering U.S. companies to prepare to leave the country and relocate back home — prompting pushback from corporate America. “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing … your…
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Weekly Update by Mark Armstrong – 23 August 2019
Greetings from Tyler, Amid considerable stupidity and the incredible admission from the Editor in Chief of the New York Times this week, something else stands out. We’ve known for years that the “diplomatic” statements that come from the likes of Israel’s enemies don’t often reflect what they’re saying to their followers. The so-called “president” of…
