Tuesday, 24 April, 2018

More engagement right way to handle US-China relations

India offers soybean exports to China amid trade war with US China's economy slows in first quarter amid debt, US trade frictions: AFP survey
Patty Aguilar | 16 April, 2018, 23:18

The trade surplus with the U.S. contracted 13 percent from a year earlier, while China's global trade balance swung to a US$5 billion deficit.

US President Donald Trump's tariffs on Chinese goods have roused nationalist sentiment in the world's second largest economy, where consumers have a long track record of spurning foreign products when political nerves are frayed.

The stand-off lies in the Trump administration´s ire at the massive trade imbalance and what it considers unfair practices by China that he says are costing American jobs.

The history of the US-China trade relationship shows a clearer picture of the current situation.

Imports rose 14.4 percent to US$179.1 billion, although that was down from 21.7 percent growth in January and February. It sent $375 billion in goods to the US last year, while the United States sent only $130 billion worth of products to China. On April 6, Trump reiterated that by considering adding a further $100 billion in tariffs on goods imported from China.

The China has aimed at making the free trade port system and operational mode of Hainan "more mature" by 2035.

"We hope that the USA will listen patiently to rational and pragmatic voices on the trade balance issue". With the theme of "An Open and Innovative Asia for a World of Greater Prosperity", Li Jinyuan, chairman of Tiens Group was invited to participate in the Forum, where Li stated that as the global economy has its eyes on China, and China eyes on the world as well.

You could say China is looking to places like Silicon Valley for inspiration. I imagine there are pork producers, nut farmers and fruit producers in parts of the USA that strongly supported Trump wondering how they were unwillingly put into the front lines of a trade war that could affect their ability to generate profits and to keep Americans employed.

Police make several arrests Saturday for assault
Police said he retreated into the residence and refused commands to exit. If she didn't, it meant she didn't love him, he allegedly said.

Snow, slippery roads could hamper Monday morning commute
A fast moving system approaches with a cold front to the Treasure State today bringing rain and snow showers to parts of Montana. The rest of the week looks dry and seasonably warm, with the warmest day on Wednesday with highs inching toward the low 80s.

Salman Khan Nails A Backflip In This Throwback Video From Sultan Sets
Bollywood superstar Salman Khan had to spend two days in Jodhpur prison in his blackbuck case. In the video, Salman is seen doing a backflip at 2 am during a training session.

Commerce Ministry spokesman Gao Feng told reporters during a regular briefing, however, that Xi's remarks had nothing to do with the trade row and should not be mischaracterized as a concession to Washington.

In the first $50 billion in planned tariffs, the Trump administration was careful to limit the impact on American consumers, sticking mostly to industrial products such as robots and engine parts.

In 1994, the United States added China as a special investigation country under "section 301" again. "I think we´re having some great discussions", he told the gathering of lawmakers in Washington, though he repeated that the U.S. would win a trade war between the two sides.

"We don't want a trade war, but we are not afraid of it", said the spokeswoman, Hua Chunying.

United States tariffs on foreign steel and aluminium went into effect last month. They are all safe so far, state-run Xinhua news agency reported.

If Washington wants to slow China's technological advance, it might consider measures that further restrict what products USA companies license to Chinese firms and broaden definitions of trade secrets, lawyers say. Both sides know that they will have the upper hand if they sound confident of victory when they make their threats.

China has proposed tariffs of $50 billion on US products that will squeeze apple growers in Washington, soybean farmers in IN and winemakers in California.

Of the 13 countries that form the Latin America and Caribbean region, nine adhere to the One China Policy, and nearly all now enjoy mutual beneficial trade agreements with the both China and America.

Recommended

  • Sean Hannity ID'd as Trump Lawyer Michael Cohen's Mystery Client

    Sean Hannity ID'd as Trump Lawyer Michael Cohen's Mystery Client

    The hearing in a New York City courtroom stems from a surprise raid this month on Cohen's home and office. It's unclear how today's revelation will affect Hannity's coverage of Trump and Cohen going forward.
    Watch SpaceX launch NASA's latest exoplanet-hunting satellite

    Watch SpaceX launch NASA's latest exoplanet-hunting satellite

    On board is NASA's Transiting Exoplanet Survey Satellite (TESS ), created to find exoplanets. EDT Monday from Space Launch Complex 40 at Cape Canaveral Air Force Station.

    RSP Permian (RSPP) Cut to "Hold" at Jefferies Group

    Williams Capital Group maintained RSP Permian, Inc . (NYSE: RSPP ), we note that the consensus target price is resting at $51.76. Millennium Management LLC boosted its holdings in RSP Permian by 97.9% in the fourth quarter. (NYSE: RSPP ) for 330,242 shares.
  • No problem with Wayne Rooney, insists Allardyce

    No problem with Wayne Rooney, insists Allardyce

    Allardyce urged patience, saying: 'Everybody expects players to be what they were before they got the injury and, while fit, sometimes it's a little bit longer for some than for others.
    Analysts Showing Optimistic Trends For The Goldman Sachs Group, Inc. (GS)

    Analysts Showing Optimistic Trends For The Goldman Sachs Group, Inc. (GS)

    According to the company, GS Bank, a subsidiary of Goldman Sachs, is making the acquisition. (NYSE:GS) or 1.09 million shares. Pacifica Capital Investments Llc decreased Goldman Sachs Group Inc (GS) stake by 1.43% reported in 2017Q4 SEC filing.
    Apple releases iOS 11.4 beta 2 to developers

    Apple releases iOS 11.4 beta 2 to developers

    AirPlay 2 allows multi-room audio and the ability to stream music to multiple sources simultaneously. AppleInsider is now testing out the new betas to find out what changes have been included, if any.
  • Jenna Bush Hager Gives Health Update on Grandmother Barbara

    Jenna Bush Hager Gives Health Update on Grandmother Barbara

    As first lady, from 1989 to 1993, she embraced the cause of universal literacy, and founded a foundation for family literacy. The statement did not indicate the nature of Bush's illness but said that she had had a series of recent hospitalisations.
    Haley: Trump weighs Syria options six days after alleged chemical attack

    Haley: Trump weighs Syria options six days after alleged chemical attack

    The U.S. and its allies accused Assad's forces of using chemical weapons, a claim Syria and Russian Federation have rejected.
    Ousmane Dembele rules out Barcelona departure

    Ousmane Dembele rules out Barcelona departure

    A win would take the league leaders 14 points clear of second-place Atletico Madrid, who play on Real Sociedad away on Thursday. A serious hamstring injury within his first few matches has restricted the Frenchman's chances of impressing this season.
  • TV presenter Ant McPartlin learns fate

    TV presenter Ant McPartlin learns fate

    He said that he would be getting specialist help to "ensure that nothing of this nature happens again". In his statement to police the court heard McPartlin said "I am very sorry I did this".
    Walt Disney Co (DIS) Stock Rating Upgraded by Vetr Inc

    Walt Disney Co (DIS) Stock Rating Upgraded by Vetr Inc

    Front Row Advisors LLC acquired a new position in shares of The Walt Disney in the 4th quarter valued at approximately $122,000. The entertainment giant reported $1.89 EPS for the quarter, beating the Zacks' consensus estimate of $1.61 by $0.28.

    Farmers & Merchants Investments INC Decreased Its Stake in General Electric Co (GE)

    In other news, insider Alexander Dimitrief bought 2,689 shares of the business's stock in a transaction on Monday, January 29th. On Tuesday, February 20 the stock of Portland General Electric Company (NYSE:POR) earned "Neutral" rating by Bank of America.

Buys 9154 Shares of Pfizer (PFE) Over the last ninety days, insiders have sold 248,037 shares of company stock worth $9,064,785. (NYSE:PFE) on Monday, February 26. If an investor does not own any shares of the equity, he should wait to purchase until future volatility becomes more clear.

Mariah Carey thanks fans for support Mariah Carey thanks fans for support Mariah Carey's rep has responded after the singer's longtime manager Stella Stolper reportedly accused her of sexual harassment. Carey signed to Jay-Z's Roc Nation in November 2017 - it was around this time that she was said to have let go of Stopler.

France convinced USA to 'stay in Syria': Macron France convinced USA  to 'stay in Syria': Macron President Barack Obama, who had put himself in a tough spot with a similar ultimatum in 2012. Macron added that the strikes on Syria had been "perfectly carried out".

Realogy Holdings Corp (RLGY) — Equity in Focus Finally, Caxton Associates LP acquired a new position in shares of Realogy during the 3rd quarter valued at about $290,000. Moreover, Public Employees Retirement Systems Of Ohio has 0.01% invested in Realogy Holdings Corp . ( NYSE : RLGY ).

UN Security Council Refuses to Condemn US Attack on Syria UN Security Council Refuses to Condemn US Attack on Syria The US President has declared the US, UK and French strikes on Syria a success, as Russian Federation has described them unlawful. Mekdad declined to comment to reporters waiting outside the hotel where the meeting took place.

Britain needs to join fight against Syrian regime, government agrees Britain needs to join fight against Syrian regime, government agrees Deploying the armed forces is a prerogative power, meaning the prime minister can launch action without backing from MPs. Both Syria and Russian Federation have denied all responsibility for the alleged chemical attacks.

Investors Catching Stocks Express Scripts Holding Company (ESRX) Atlantic Group Ltd Liability Corp owns 0.53% invested in Express Scripts Holding Company ( NASDAQ : ESRX ) for 1.69M shs. Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States and Canada.

Synovus Financial Corp Has $1.72 Million Position in QUALCOMM, Inc. (QCOM) The shares of QUALCOMM Incorporated (NASDAQ: QCOM ) went up during the trading session by $0.53 on Friday , trading at $55.73. Moreover, Parallax Volatility Advisers Limited Partnership has 0.17% invested in QUALCOMM Incorporated (NASDAQ: QCOM ).

Majority of Hampshire parents secure preferred primary school option Majority of Hampshire parents secure preferred primary school option Were you happy with you school admissions allocation? Collect as much independent evidence as possible to support your case. Perhaps the local reputation of the school is based on a previous headteacher or board of governors and is now unjustified.

Former UCLA LB Eric Kendricks signs five-year, $50M extension with Vikings Former UCLA LB Eric Kendricks signs five-year, $50M extension with Vikings According to ESPN's Adam Schefter , Kendricks is signing a five-year, $50 million extension with the Vikings. Kendricks is paired with another fellow Bruin, linebacker Anthony Barr , in Minnesota's stout defense.

Kellyanne Conway slams Comey: 'This guy swung an election' Kellyanne Conway slams Comey: 'This guy swung an election' Conway reversed her argument later Monday morning, arguing that Comey wasn't capable of swinging an election . Trump, meanwhile, tweeted a slew of insults at Comey, whom he fired in May.

Romaine lettuce to blame for E. coli outbreak in 11 states Romaine lettuce to blame for E. coli outbreak in 11 states The farms in the Yuma, Arizona region supplies romaine lettuce to the country during March through November of each year. As of April 12, 2018, 35 people infected with the outbreak strain of E. coli O157:H7 have been reported from 11 states.

Jodie Foster runs a hospital for risky criminals — Hotel Artemis trailer Jodie Foster runs a hospital for risky  criminals — Hotel Artemis trailer Foster gives an ominous one-liner explaining the hush-hush policy: "This hospital was built on two things: trust, and rules". Such is the tagline for the new Jodie Foster thriller , and now you can check out the Hotel Artemis trailer here.

Economy Watch: Retail Sales See Healthy Uptick in March Economy Watch: Retail Sales See Healthy Uptick in March Retail sales were up 0.6 percent for March - more than expected and a figure considered significant by most analysts. Sales at furniture stores climbed 0.7 percent while those at electronics and appliance stores increased 0.5 percent.

Jose Mourinho Reportedly Willing to Sell Most Manchester United Players Jose Mourinho Reportedly Willing to Sell Most Manchester United Players You win, of course, with quality, but with consistency in every level, not just the performance level but also the mental level. The Portuguese manager said that City deserved their title and he had offered them his congratulations after the derby win.