Trump signs bills in support of Hong Kong; China furious

posted in: Far East, News

BEIJING (AP) – China reacted furiously to President Donald Trump´s signing of two bills on Hong Kong human rights and said the U.S. will bear the unspecified consequences. A foreign ministry statement Thursday repeated heated condemnations of the laws and … Read More

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

Europe’s East Faces Economic Threat From Falling Populations

The Church of Our Lady before Tyn, right, stands among residential and commercial property on the city skyline in Prague, Czech Republic, on Thursday, Jan. 4, 2017. The Czech Republic posted its biggest ever budget surplus last year after the … Read More

China’s Trade War Retaliation Against Trump’s Rural Base Boomerangs

posted in: Far East, News

A farmer plows his fields in the small northeastern agricultural town of Eaton, Colorado, on Feb. 10, 2017. With a population of just over 5,000 residents, 71% of the town’s registered voters cast their ballots in support of President Donald … Read More

Hong Kong just entered a recession. Experts say economy will ‘remain weak’ amid protests, trade war

posted in: Far East, News

KEY POINTS Hong Kong’s government said domestic consumption weakened amid ongoing anti-government protests. It also cited the protracted U.S.-China trade war as another factor, as Hong Kong reported “an enlarged decline” in exports. With no end in sight for either … Read More

Merkel: US No Longer ‘Automatically’ Plays Role of Europe’s Defender

posted in: Germany, News

TEHRAN (FNA)- Speaking before the lower house of parliament in Berlin, German Chancellor Angela Merkel stated on Wednesday that the US will no longer defend Europe automatically and that the latter should make more efforts to defend itself. “Europe is … Read More

China to remove tariffs on some U.S. products, but not pork or soybeans

posted in: Far East, News

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 … Read More

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 … Read More

World powers need to help the US win a trade deal with China, says ex-Trump negotiator

posted in: News, World News

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 … Read More

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