Chinese state media accuses Donald Trump of "deceitful drama" in trade spat
06 August, 2018, 08:02 | Author: Lucy Floyd
In early July, the U.S. imposed 25 per cent tariffs on US$34 billion of Chinese goods, with another US$16 billion to be targeted in coming weeks, sparking retaliatory measures from China.
The most recent threat from the Trump administration came this week, when it warned that it could impose steeper tariffs than originally planned on another batch of imports from China. These tariffs will become effective if the USA further hinders bilateral trade by renewing tariffs on more Chinese products, the commission said in a statement.
Trump, in a series of Twitterposts before an OH campaign rally, said he was using tariffs, and the threat of tariffs, to try to force other countries to renegotiate trade deals with the United States. "Other countries use Tariffs against, but when we use them, foolish people scream!"
It would be nice if the administration had put as much intelligence and ingenuity into setting its trade policies as Trump's defenders have put into devising rationales for them.
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The plane that crashed had its last maintenance check in late July, Waldmeier said, at which time no defects had been found. The plane was operated by Ju-Air, a Swiss company that offers tours with vintage former Swiss military aircraft.
It is indeed due to the lack of meaningful consultation between China and the US that Beijing has chose to elevate the stakes in a manner that is directly reflective of Donald Trump's unwillingness to negotiate a new era in Sino-US trading relations on a win-win model.
The administration is drawing strength from a rise in the USA growth rate and signs of a slowdown in China's growth as the value of the yuan continues to fall.
"Virtually nothing has happened in a trade dialogue with China in a month or six weeks", Kudlow said. "These are the things we have asked them in a number of meetings". Cheniere, Tellurian Inc. and other LNG developers have been courting utilities and state-backed companies in China to fund construction of more terminals to ship the super-chilled form of the gas.
"They keep digging the hole deeper, violating the first rule of holes, which is when you're in one, stop digging", said William Reinsch, a trade expert at the Center for Strategic and International Studies who worked at the Commerce department during the Clinton administration. But there are major obstacles in the way of further negotiations. There's "some hint" the Chinese may be warming to the idea, and recently there's been some communications at the highest levels of both governments, Kudlow said.
The market is not large by value compared with approximately $12 billion of US crude that came to China past year, but LNG imports could shoot up as Beijing forges ahead with its plan to switch millions of households to the fuel away from coal as part of its battle against smog.
Sometime Trump adviser Stephen Moore took the same line in the Washington Times, but with more enthusiasm, after Trump and the European Union called a kind of trade-war truce: "Well done, Mr. President". Mnuchin is more in favour of coming to an agreement that would bring about a reduction in the United States deficit. Much of the trade war with allies is really about US domestic politics and the upcoming US November midterm elections. For them, the central objective is to block China's economic and technological development under its "Made in China 2025", plan which they regard as the most significant threat to the economic, and ultimately military, supremacy of the US.
"Instead of retaliating, China should address the longstanding concerns about its unfair trading practices, many of which are laid out in [the U.S. Trade Representative's] 301 report", White House press secretary Sarah Sanders said. Neither side is showing any sign of backing down. Previous rounds of tariffs cover a lengthy list of products, from steel and aluminum to washing machines.
The essential objective foundations of the trade war are now emerging more clearly into the open.
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"China's countermeasures do not intend to purely pursue equivalence in the same amount as the U.S. tariff rates".
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The party now has an unassailable majority at 109 seats, while MDC-Alliance has 41, NPF has one seat and one independent. The police deployed 71‚000 officers countrywide ahead of the high stakes elections held on Monday.
Local fire and police sent boats to rescue people to area shelters, including E.C.Glass High School and Sandusky Middle School. If you are in low lying areas below the College Lake Dam, you should move to higher ground immediately .
Georgia repealed a tax holiday last year, and the Massachusetts Legislature this year defeated a proposed holiday , Anklam said. According to the Texas Comptroller's Officer, the average shopper will save about $8 for every $100 spent.
Utilities employment fell for a third straight month and the finance and insurance industry shed 9,400 jobs last month. Over the past year, it has hired more than a half-million Americans and stands as the leading job-creating sector.
If the USA wants negotiations, it should stop pressures and sanctions, Qasemi was quoted as saying by official IRNA news agency . Also last month, China , which is Iran's biggest customer, said it did not accept unilateral sanctions against Iran.
That's because a melon-headed whale is one of the various species that's called a whale but is technically a dolphin . The hybrid, named Kekaimalu, still lives at the marine mammal park, where she helps teach children about genetics.
KDVR reports police were called to a home early Monday morning after receiving a call about an intruder. "He's very friendly. The man, later determined to be the homeowner, was transported to the hospital, where he died from his wounds.
Three people died from confrontation between the army and MDC Alliance supporters demanding their candidate be declared victor . The ruling ZANU-PF won 109 seats while the main opposition MDC party had 41 in the country's 210-seat House of Assembly.
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