Keyword: trade

Brevity: Headers | « Text »
  • Canada scraps plan to buy Boeing fighters and will go with used Australian F-18s

    12/06/2017 1:42:19 AM PST · by Candor7 · 25 replies
    The National Post ^ | December 5, 2017 8:04 PM EST | Reuters
    The move underlines Ottawa's anger at a decision by Boeing to launch a trade challenge against Canadian planemaker Bombardier OTTAWA — Canada is scrapping a plan to buy 18 Boeing Super Hornet fighter jets amid a deepening dispute with the U.S. aerospace company, three sources familiar with the matter said on Tuesday. Instead, the Liberal government will announce next week it intends to acquire a used fleet of older Australia F-18 jets, the same kind of plane Canada currently operates, said the sources, who asked not to be identified because of the sensitivity of the situation. The move underlines Ottawa’s...
  • Nafta Talks Have High Stakes for Two Texas Bridge Owners

    12/04/2017 10:49:56 PM PST · by Tolerance Sucks Rocks · 6 replies
    The New York Times ^ | November 23, 2017 | Natalie Kitroeff
    RIO GRANDE CITY, Tex. — Caught quite literally in the middle of the international debate over the way the United States trades with its southern neighbor are two Texans named Sam. Sam Vale and Sam Sparks Jr. own two bridges that stretch across the Rio Grande, connecting farmers on either side with markets on the other, and linking communities in South Texas and northern Mexico that sometimes meet in the middle. Major retailers and manufacturers are mobilizing to keep the deal alive and to protest rules that could make it more expensive to bring parts and products in from Mexico....
  • Shipping Magnates Shock Industry With Huge Orders

    11/29/2017 5:37:43 PM PST · by Rebelbase · 26 replies
    Bloomberg via G-captain ^ | 11/29/14 | Bloomberg via G-captain
    Bloomberg article, Link only.Two yuge orders for new container ships by leading shippers.Link to article.
  • President Donald Trump's Accomplishment List:

    11/27/2017 1:20:09 AM PST · by Mechanicos · 10 replies
    MagaPill ^ | 11/27/17 | MagaPill
    Trump supporters are proud of the job President Trump has done so far. He has achieved many of the campaign promises he made despite the lack of help he’s received from the Republican Party and the obstructionists in Congress. With just 1 year in office Trump’s accomplishment list is growing and growing yet you wouldn’t know that if get your news from the “Main Stream Media”
  • Again, China Doesn’t Want War With the US

    11/20/2017 12:21:31 PM PST · by 2ndDivisionVet · 18 replies
    The Diplomat ^ | November 20, 2017 | Charlotte Gao
    On November 14 — days after U.S. President Donald Trump’s trip to Beijing — the Center for Strategic and International Studies (CSIS), one of the most prominent U.S. think tanks based in Washington D.C., held a debate on the proposition of “a growing risk of war between the U.S. and China.” Graham Allison (a Harvard University professor and author of the book Destined for War: Can America and China Escape Thucydides’s Trap?) was for the proposition and Evan Medeiros (managing director for Asia of Eurasia Group) was against it. When the debate ended, 51 percent of the audience voted their...
  • Don’t Let Bad Trade Policy Destroy Job Opportunities in South Carolina

    11/20/2017 5:53:53 AM PST · by Kaslin · 14 replies ^ | November 20, 2017 | Sc State Rep Garry Smith
    The cynical use of American trade law to secure advantages over foreign competition is becoming increasingly pervasive among U.S. companies. This unfortunate trend rejects the traditions that have led to America’s economic preeminence and could destroy job opportunities for hardworking South Carolinians. Today’s political climate overlooks opportunities free markets offer, ignores protectionism’s devastating impact, and encourages unqualified support for domestic firms. America’s economic openness has given the American consumer greater choice at lower prices and has created jobs for the American worker. Despite the evidence, some Americans cling to the notion that companies headquartered in the U.S. are the sole...
  • Sokhna World Zone Project presented to investors in Dubai

    11/19/2017 10:11:24 PM PST · by 2ndDivisionVet · 4 replies
    CPI Financial ^ | November 20, 2017 | Jessica Combes
    Details of the recent agreement to develop an integrated industrial and residential zone at Sokhna in Egypt were presented to investors and businesses in Dubai. Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World and Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZone), today presented The opportunities to invest and launch operations in the project were outlined to company representatives, many of whom already have existing outlets in Dubai’s Jebel Ali Freezone (Jafza). Sokhna World Zone will create a sustainable industrial area to attract foreign investment and will feature...
  • South Korean Official Says Trump’s Visit Improved Relations

    11/19/2017 12:25:24 PM PST · by 2ndDivisionVet · 13 replies
    The New York Times ^ | November 19, 2017 | Rick Gladstone
    Like many of her fellow citizens, the leader of South Korea’s ruling party was unhappy with President Trump’s threats to destroy nuclear-armed North Korea. But she now says Mr. Trump’s visit this month appears to have made him appreciate more fully the need to peacefully resolve the crisis. In an interview, the leader, Choo Mi-ae, the chairwoman of the liberal Democratic Party of South Korea and the most prominent woman in the National Assembly, said Mr. Trump’s visit had “actually led to an improvement in our bilateral relations.” Mr. Trump, she said, had now seen for himself that 25 million...
  • Trump’s Overseas Trips Reap Goodwill And Trade Agreements (But Little Publicity)

    11/19/2017 10:44:35 AM PST · by SeekAndFind · 12 replies
    Hotair ^ | 11/19/2017 | Karen Townsend
    I was told if Donald Trump became president, America would be isolated from the rest of the world. Whether the looming threat of isolation was due to Trump’s America First policy on trade or because foreign leaders would be unable to stomach working with the man, America would be doomed. Fortunately, those predictions are proving as wrong as everything else when it comes to conventional political wisdom.In the age of Trump, the opposite is happening. A quick look at Trump’s first year in office shows a good bit of travel overseas. To date, he has made four trips internationally...
  • China’s debt time bomb ticking in Chinese port bordering North Korea as liabilities top US$7 billion

    11/18/2017 2:04:05 PM PST · by ameribbean expat · 8 replies
    Dandong Port Group, which manages the largest Chinese port trading with North Korea, failed to settle 1 billion yuan worth of bonds that matured at the end of October. The default raised questions over its ability to honour a further 6.95 billion yuan worth of publicly traded bonds and bills, two thirds of which will mature at the end of next year. *** A fixed-income manager who works in China’s interbank market, where much of Dandong’s debt is bought and sold, told the South China Morning Post that the chances of the company repaying the bonds were “not good”, based...
  • Mercedes-Benz Vans chief: North Charleston plant already adding U.S. jobs, with or without new NAFTA

    11/18/2017 2:58:45 PM PST · by 2ndDivisionVet · 3 replies
    The Post and Courier ^ | November 17, 2017 | David Wren
    While the debate continues over whether stricter trade rules are needed to boost U.S. jobs, the head of the Mercedes-Benz Vans plant in North Charleston says his company is already helping to fulfill President Donald Trump's campaign promise to put more Americans to work. "I think having this facility here and the fact that we've made the decision to expand in North Charleston is something that is already very good in alignment with what your president wants — to have more things done locally and not in Mexico or some other region," said Michael Balke, president and CEO of the...
  • Trump Delivers on Trade Deals With China

    11/18/2017 11:04:51 AM PST · by Tolerance Sucks Rocks · 13 replies
    The Association of Mature American Citizens ^ | November 16, 2017 | D.J. Wilson
    President Donald J. Trump has proven that his desire to ‘Make America Great Again’ is more than just a campaign slogan. China, which possesses one of the fastest growing economies in the world, has a reputation for “using” the United States to gain financial and technological advantages. Trump’s recent visit to China was aimed at taking a tougher stance on U.S.-Chinese trade relations, which he described as “very one-sided and unfair.” Trump came away with $250 billion in new trade deals, a pretty astonishing accomplishment for a President who has been in office for less than a year.According to,...
  • 'The Canadians screwed everybody': Trans-Pacific Partnership talks collapse as Canada fails to show

    11/10/2017 4:31:54 PM PST · by ameribbean expat · 25 replies
    Talks to revive the Trans-Pacific Partnership free trade pact have effectively collapsed after Canada pulled out. +++ According to a Reuters report, Canadian Trade Minister Francois-Philippe Champagne said “a misunderstanding about the schedule” was to blame for the absence of Canada’s Prime Minister, Justin Trudeau. ABC reported that one official familiar with the situation said: “The Canadians screwed everybody”, and that Japanese Prime Minister Shinzo Abe had walked into the meeting after a delay to announce that the planned signing of the deal would not proceed
  • Trump Gives Hardline Trade Speech In Vietnam: We Are Not Going To Be Taken Advantage Of Anymore

    11/10/2017 8:06:06 AM PST · by 2ndDivisionVet · 23 replies
    Real Clear Politics ^ | November 10, 2017 | Ian Schwartz
    President Trump delivered a robust and forceful speech on international trade in an address Friday afternoon at the Asia-Pacific Economic Cooperation (APEC) summit in Da Nang, Vietnam. Trump told Asian leaders the U.S. "will not tolerate" trade abuses and lashed out at "unfair practices." Trump said he does not blame countries for "taking advantage" of the U.S. in trade deals, for that is their job, but he said it will no longer happen. He said the U.S. "did not do their job, but I will." "I do not blame China or any other country, of which there are many, for...
  • In Japan, Trump and Abe Offer Alternative to China’s ‘Belt and Road’

    11/08/2017 8:59:50 AM PST · by snarkpup · 10 replies
    The Diplomat ^ | November 08, 2017 | Shannon Tiezzi
    U.S. President Donald Trump was in Japan on November 5 and 6, the first stop on his week-long Asia tour. Unsurprisingly, North Korea was a major focus of discussions between Trump and Japanese Prime Minister Shinzo Abe. Yet while the question of how Washington and Tokyo will combat North Korea’s nuclear ambitions drew headlines, another potentially significant development went largely overlooked: The United States and Japan unveiled their governments’ joint effort to offer an alternative to China’s Belt and Road Initiative (BRI). The BRI is China’s plan to build infrastructure (from roads and railways to telecommunications and energy links) stretching...
  • ICS ‘Deeply Concerned’ by Canada’s Proposed Tanker Ban in Northern British Columbia Waters

    10/21/2017 10:26:03 AM PDT · by Oatka · 10 replies
    gCaptain ^ | Oct 20, 2017 | gCaptain
    The International Chamber of Shipping (ICS) says it is deeply concerned over proposed legislation that would ban crude oil tankers from operating in Canadian waters off Northern British Columbia. The Canadian Parliament is giving consideration to legislation that would have the effect of establishing a moratorium on the shipment of crude oil in the waters of Northern British Columbia. The proposed legislation is known as Bill C-48: An Act respecting the regulation of vessels that transport crude oil or persistent oil to or from ports or marine installations located along British Columbia’s north coast. The ICS, representing the world’s national...
  • Sean Hannity weighs in on the Section 201 case

    10/18/2017 8:29:46 AM PDT · by WombatKing · 1 replies
    pv magazine USA ^ | 10/18/2017 | Christian Roselund
    Yesterday Fox News host Sean Hannity devoted a segment of his show to make the argument that President Trump should reject proposals for trade action by Suniva and SolarWorld, calling any proposed remedies a “bailout” for failed, foreign-owned manufacturers.
  • Hillary Clinton Warns Britain on Potential Trade Deal with Trump

    10/15/2017 6:30:25 PM PDT · by familyop · 183 replies
    VOA, Reuters ^ | October 15, 2017 | VOA, Reuters
    LONDON — Former U.S. presidential candidate Hillary Clinton cautioned Britain on Sunday over its push to secure a trade deal with U.S. President Donald Trump after it leaves the European Union. Clinton, the Democratic Party candidate who lost out to Trump in last November's election, also said Britain would face serious disruption if it left the EU without a negotiated deal with Brussels. The British government has talked up the prospect of bilateral trade deals with the United States and others as one of the major benefits of leaving the EU following last year's surprise referendum vote to leave. Asked...
  • China may be Trump’s best hope to ‘make America great again’

    10/13/2017 7:03:19 AM PDT · by 2ndDivisionVet · 12 replies
    Asia Times ^ | October 13, 2017 | Ken Moak|
    China is not America’s enemy or competitor or whatever name the US anti-China crowd labels it with. It is not challenging US global supremacy or stealing its jobs, as many in America claim. On the contrary, the Chinese and US economies are increasingly intertwined, becoming each other’s largest trade partners and major investors. What’s more, a large number of US states (such as Iowa) and cities (Los Angeles) are dependent on the Chinese market and investment to sustain economic growth. The two countries are also cooperative in geopolitics, working together to defuse the Korean Peninsula nuclear issue, holding frequent high-level...
  • North Korea’s luxury goods imports amount to $666m in 2016: lawmaker

    10/13/2017 12:56:44 AM PDT · by 2ndDivisionVet · 3 replies
    The Korea Herald ^ | October 12, 2017 | Jo He-rim
    North Korea imported $666 million worth of luxury items last year, which takes up 17.9 percent of the year’s total imports, a lawmaker here said Thursday. According to data from the Chinese Customs revealed by Rep. Yoon Sang-hyun of the Liberty Korea Party, the communist state’s imports of luxury goods increased by $59 million, or 9.8 percent, from 2015. The luxury goods included upmarket electronics, cars, leather products and watches. Electronics made up the biggest import value at $330 million, followed by high-end cars with $260 million. The reclusive state also imported some $16 million worth of liquor and drinks....