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Keyword: trade

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  • AMERICA Prayer Vigil —July 9, 2020 [prayer]

    07/08/2020 8:46:38 PM PDT · by Albion Wilde · 37 replies
    FreeRepublic.com | July 9, 2020 | FR intercessors
    Join Freepers around the world as we pray for President Trump, Vice President Pence, and AMERICA—churches, families, our military and first responders, businesses, healthcare, schools, and media. Threads labeled [prayer] are closed to debate of any kind.
  • Hong Kong Businessman: Joe Biden Election Would Mean Chinese Communists ‘Won Against Free World’ — ‘Game Over’

    07/08/2020 8:06:23 PM PDT · by MtnClimber · 11 replies
    Breitbart ^ | 7 Jul, 2020 | KYLE OLSON
    A Hong Kong businessman issued a dire warning on Monday, saying a Joe Biden win would be a win for the Chinese communists and a loss for the free world. Elmer Yuen told the Polish show Against the Tide TV a Biden presidential victory would be disastrous for freedom. SNIP “While he was vice president under Obama, he was in charge of the relationship with China. He was directly in charge and he let (them) go,” Yuen, who is in the United States advocating for freedom in Hong Kong, said. “He let the Chinese build a military installation in the...
  • Polynesians, Native Americans made contact before European arrival, genetic study finds

    07/08/2020 9:31:46 AM PDT · by rdl6989 · 49 replies
    phys.org ^ | July 8, 2020 | Stanford University Medical Center
    Through deep genetic analyses, Stanford Medicine scientists and their collaborators have found conclusive scientific evidence of contact between ancient Polynesians and Native Americans from the region that is now Colombia—something that's been hotly contested in the historic and archaeological world for decades. (snip) Before the study brought scientific evidence to the debate, the idea that Native Americans and Polynesians had crossed paths originated from a complex—both in its structure and origins—carbohydrate: the sweet potato. It turns out the sweet potato, which was originally domesticated in South and Central America, has also been known to grow in one other place prior...
  • Japan auto companies triple Mexican pay rather than move to US

    07/06/2020 9:33:00 PM PDT · by SeekAndFind · 76 replies
    Asian Nikkei Review ^ | 07/06/2020 | SHUJI NAKAYAMA and RYO ASAYAMA
    The new North American free trade agreement that goes into effect Wednesday was touted by U.S. President Donald Trump as an engine of American job creation. But Japan's automakers are largely opting instead to keep operations in place and pay Mexican workers more or even just pay tariffs. The US-Mexico-Canada Agreement requires 40% or more of parts for each passenger vehicle be manufactured by workers who are paid at least $16 per hour as a condition to make them tariff free in the region. Trump hailed that feature as a way to boost production in the U.S., which has a...
  • USMCA touted as big win for American agriculture

    07/02/2020 12:28:58 PM PDT · by Diana in Wisconsin · 4 replies
    RFD TV ^ | July 2, 2020 | RFD TV Staff
    The USMCA is now in full effect. It replaces the decades old North America Free Trade Agreement. According to the USDA, Canada and Mexico were our top two trading partners in 2019. They also say that the USMCA contains significant improvements to rules of origin, ag market access, and labor issues. The U.S. Treasury Department's Monica Crowley believes that those improvements will have a very positive impact on our farmers and ranchers. "President Trump promised that he would scrap NAFTA, which was a horrendous trade deal, particularly for our nation's farmers... He promised to scrap that and replace it with...
  • Robert Lighthizer: USMCA, replacing NAFTA TODAY, is the model for all future trade agreements....

    07/01/2020 10:39:27 AM PDT · by caww · 11 replies
    triblive ^ | Wed.7/1/2020 | ROBERT LIGHTHIZER
    President Donald Trump was elected in part on his promise to change the direction of U.S. trade policy so it would put America first. He has kept that promise with new trade agreements and tough enforcement actions that break down foreign trade barriers, protect America’s competitive edge and stop the outsourcing of U.S. jobs. A key Trump success — and an important promise kept — has been to end the job-killing North American Free Trade Agreement (NAFTA) and replace it with a complete and long-overdue transformation. To replace NAFTA, Trump negotiated a modern, state-of-the-art trade agreement with Mexico and Canada...
  • US suspends Hong Kong import rights

    06/30/2020 9:51:36 AM PDT · by BeauBo · 9 replies
    South China Morning Post ^ | 30 Jun, 2020 | Sarah Zheng
    The United States warned further measures were on the table to revoke its preferential treatment for Hong Kong, as Beijing imposed a controversial national security law on the city... The sweeping law would heighten the risk that sensitive US tech exports to the city – including metal alloys, high-powered computers and lasers – would be diverted for use by the Chinese military or the Chinese Ministry of State Security, Ross said... The US was Hong Kong’s second-largest trading partner in 2019, with trade worth HK$516 billion (US$67 billion), official data showed... “Further actions to eliminate differential treatment are also being...
  • Nasdaq hits fresh record as vaccine hopes rise, trade fears deescalate

    06/23/2020 9:45:01 AM PDT · by SeekAndFind · 11 replies
    Yahoo Finance ^ | 06/23/2020 | Emily McCormick
    Stock extended gains Tuesday morning and the Nasdaq Composite hit a fresh record high as hopes for a coronavirus vaccine rose and U.S.-China trade fears dissipated. French drugmaker Sanofi (SNY, SNYNF) said on Tuesday that it anticipates it will receive approval for its potential Covid-19 vaccine it is creating with GlaxoSmithKline in the first half of 2021, which if successful would then be available in the second half of next year. While there are currently no vaccines to prevent the coronavirus, a host of pharmaceutical companies have entered the race to try and develop medicines to prevent and treat the...
  • Digital Yuan: China’s Plan to Topple the U.S. Dollar

    06/23/2020 9:44:12 AM PDT · by T Ruth · 27 replies
    American Spectator ^ | June 23, 2020, 12:14 AM | John Jiang
    *** China has been conducting intensive research on a potential centralized digital currency since at least 2014. The Digital Currency Electronic Payment (DCEP) plan, popularly known as the digital renminbi or digital yuan, was announced by the People’s Bank of China (PBOC) in October 2019. In an op-ed published in the Global Times, a Communist Party mouthpiece, leading Chinese academic Huang Zhen declared that the digital yuan will “likely” become the “world’s first sovereign digital currency,” before spending the rest of the article attacking Facebook’s rival digital currency project, Libra (more on that later). While the PBOC has yet to...
  • White House adviser Navarro says China trade deal is 'over'

    06/22/2020 7:08:25 PM PDT · by MtnClimber · 27 replies
    Investing.com ^ | 22 Jun, 2020
    White House trade adviser Peter Navarro said on Monday the trade deal with China is "over," and he linked the breakdown in part to Washington's anger over Beijing's not sounding the alarm earlier about the coronavirus outbreak. "It's over," Navarro told Fox News in an interview when asked about the trade agreement. He said the "turning point" came when the United States learned about the spreading coronavirus only after a Chinese delegation had left Washington following the signing of the Phase 1 deal on Jan. 15.
  • Trade Representative Sends Strong Signal Against Digital Taxes

    06/20/2020 5:45:55 AM PDT · by Kaslin
    Townhall.com ^ | June 20, 2020 | Andrew Wilford
    Americans should be encouraged by the United States Trade Representative’s (USTR) office’s recent announcement that it is ramping up its defense of innovative American companies from aggressive digital tax plans being cooked up in Europe. For years, foreign countries have been crafting schemes to impose digital taxes that unfairly target American companies in a naked attempt at squeezing them for more revenue. While the Trump administration has long opposed these efforts, USTR has indicated that it is reaching deeper into its toolbox to help mount a defense against these efforts.  The Trade Representative’s announcement stated that it was investigating several...
  • Amazon Set to Face Antitrust Charges in European Union

    06/11/2020 1:19:40 PM PDT · by amorphous · 10 replies
    The New York Times ^ | 11 June 2020 | Adam Satariano
    LONDON — European Union officials are preparing to bring antitrust charges against Amazon for abusing its dominance in internet commerce to box out smaller rivals, according to people with knowledge of the case. Nearly two years in the making, the case is one of the most aggressive attempts by a government to crimp the power of the e-commerce giant, which has largely sidestepped regulation throughout its 26-year history. The European Union regulators, who already have a reputation as the world’s most aggressive watchdogs of the technology industry, have determined that Amazon is stifling competition by unfairly using data collected from...
  • Church Unearthed in Ethiopia Rewrites the History of Christianity in Africa

    06/03/2020 4:01:16 PM PDT · by CondoleezzaProtege · 35 replies
    The Smithsonian ^ | December 10, 2019 | Andrew Lawler
    In the dusty highlands of northern Ethiopia, a team of archaeologists recently uncovered the oldest known Christian church in sub-Saharan Africa, a find that sheds new light on one of the Old World’s most enigmatic kingdoms—and its surprisingly early conversion to Christianity. An international assemblage of scientists discovered the church 30 miles northeast of Aksum, the capital of the Aksumite kingdom, a trading empire that emerged in the first century A.D. and would go on to dominate much of eastern Africa and western Arabia. Through radiocarbon dating artifacts uncovered at the church, the researchers concluded that the structure was built...
  • By Forcing Control On Hong Kong, Beijing Killed The Golden Goose

    05/30/2020 8:00:27 AM PDT · by Kaslin · 8 replies
    The Federalist ^ | May 30, 2020 | Helen Raleigh
    https://thefederalist.com/wp-content/uploads/2020/05/Screen-Shot-2020-05-29-at-4.53.59-PM-998x687.png President Donald Trump announced Friday that he has directed his administration to “begin the process of eliminating policy exemptions that give Hong Kong different and special treatment.” His announcement came a day after China’s People’s Congress passed Beijing’s controversial new national security law related to Hong Kong. Trump’s announcement will profoundly affect the future of Hong Kong and the U.S.-China relationship.The president’s decision was based on Secretary of State Mike Pompeo’s certification to Congress Wednesday that “Hong Kong is no longer autonomous from China,” a decision he said gave him no pleasure but that “sound policy-making requires a recognition...
  • Here's 23 Questions Joe Biden Needs To Answer About China

    05/29/2020 3:14:50 PM PDT · by Its All Over Except ... · 16 replies
    The Federalist ^ | 5/29/2020 | Ben Weingarten
    Communist China poses a greater threat to America and our interests abroad than any other nation in the world. If it wasn’t clear prior to the spread of the Chinese coronavirus, resulting largely from the Chinese Communist Party’s Chernobyl-like response, the subsequent threats should crystallize this point. It has acted malevolently toward the U.S., our European and Anglosphere allies, Hong Kong, Taiwan, and India, and across the South China Sea. Countering the CCP is essential to preserving American life, limb, and liberty. The public deserves to know what presumptive Democratic presidential nominee Joe Biden’s approach to China would be. After...
  • Here’s 23 Questions Joe Biden Needs To Answer About China

    05/29/2020 7:07:02 AM PDT · by Kaslin · 13 replies
    The Federalist ^ | May 29, 2020 | Ben Weingarten
    Will Biden disavow his decades of support for China’s rise and follow Trump’s lead? Communist China poses a greater threat to America and our interests abroad than any other nation in the world. If it wasn’t clear prior to the spread of the Chinese coronavirus, resulting largely from the Chinese Communist Party’s Chernobyl-like response, the subsequent threats should crystallize this point. It has acted malevolently toward the U.S., our European and Anglosphere allies, Hong Kong, Taiwan, and India, and across the South China Sea. Countering the CCP is essential to preserving American life, limb, and liberty. The public deserves to...
  • Reshuffling: Oil price crash alters priorities, greases skids to new world order

    05/28/2020 8:19:26 PM PDT · by E. Pluribus Unum · 11 replies
    The Washington Times ^ | Thursday, May 28, 2020 | Ben Wolfgang and Guy Taylor
    The sustained plunge in global oil prices has brought deep, unexpected shifts on the geopolitical landscape, with impacts felt in the Arctic and the Middle East, and in the fortunes of the American heartland and the future of the Russian-Chinese strategic alliance. A U.S.-engineered market truce has helped energy prices rebound slightly this month after flatlining in April, but analysts say reverberations will likely be felt for years to come as they chip away at the foundational international partnerships in the post-World War II era and create new alliances and rivalries. Analysts say there is no way the U.S. and...
  • Here We Go: Stock Market Selloff Starts Tomorrow?

    A couple of major signals suggest market selloff soon. As of past couple of days, T-Bond Futures are not correlating with the current rise in the stock market; this has historically meant a selloff eminent. Second, volume analysis suggests the very upper limit of this rally is when the S&P hits 3069 for this week. So, the selloff could come today (5/28/2020) if S&P hits 3069.
  • Senate moves to delist Chinese companies from US stock exchanges; The bill's fate is uncertain in the House

    05/28/2020 7:31:54 AM PDT · by SeekAndFind · 7 replies
    Yahoo Finance ^ | 05/28/2020 | Ben Werschkul
    The Senate passed a bill by unanimous consent on Wednesday to take on Chinese companies listed on U.S. exchanges. The legislation would require the companies to submit to a range of stringent provisions to avoid being booted. First, they must disclose whether they are owned or controlled by a foreign government. Second, and perhaps most intrusively, they would have to comply with audits from the Public Company Accounting Oversight Board (PCAOB) for three years in a row. “We just want Chinese companies to play by the same rules as everybody else,” said Sen. Chris Van Hollen (D-MD) during an appearance...
  • Rep. Wagner's plan punishes China-Inside the U.S.

    05/27/2020 3:19:23 PM PDT · by Missouri gal · 20 replies
    Missourinet ^ | May 26, 2020 | Ashley Byrd
    There have been efforts to sue and admonish China for its role in the coronavirus spread...The congresswoman from the Saint Louis region, Ann Wagner, says she is taking an approach that is more realistic in a bill she filed last week to take away Chinese-owned assets in America. The proposed Compensation for Americans Act directs the President to employ a series of measures including creating a public repository of Chinese assets and holdings in the United States, imposing travel restrictions on Chinese officials and medical equipment suppliers and removing China from its status in the United Nations and the World...