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Keyword: tradedeal

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  • Video: 83 Global Brands Tied to Forced Labor in China—Benedict Rogers

    01/13/2021 7:32:04 PM PST · by E. Pluribus Unum · 9 replies
    The Epoch Times ^ | JANUARY 13, 2021 | JAN JEKIELEK
    In China, we are seeing forced televised confessions, a mass surveillance state, the killing of Falun Gong practitioners for their organs, and what many are calling a genocide of the Uyghur people. 83 global brands, including major U.S. companies, are tied to Uyghur forced labor in China. Over in Hong Kong, 53 pro-democracy activists, lawmakers, and lawyers were arrested on Jan. 6 under the draconian national security law. Despite all this, the EU recently announced a major trade deal with China. American Thought Leaders interviews human rights activist and writer Benedict Rogers, founder of Hong Kong Watch and deputy...
  • [Portugual] PM Costa: Blocking EU-China deal because of the US would be a ‘terrible sign’

    01/05/2021 10:51:55 AM PST · by Olog-hai · 2 replies
    Lusa News Agency/Euractiv ^ | Jan 4, 2021 | Luísa Meireles and Maria de Deus Rodrigues
    Europe must be an autonomous global actor and it would be “a terrible sign” if the EU blocked a recently concluded investment agreement with China in order to coordinate with Washington, Portuguese Prime Minister António Costa told EurActiv’s partner Lusa in an exclusive interview.The EU and China reached last Wednesday (30 December) an agreement in principle on investment, which has been under negotiation for seven years. However, the deal could cause tension with the new US administration weeks after President-elect Joe Biden proposed a transatlantic dialogue on “the strategic challenge posed by China’s growing international assertiveness”. […] According to the...
  • Biden Will Preserve Trump's China Tariffs & Trade Deal As "Rapid Reset" Of Relations Looks Unlikely

    12/02/2020 3:23:12 PM PST · by SeekAndFind · 14 replies
    Crypto News ^ | 12/02/2020 | Tyler Durden
    Joe Biden just confirmed that President Trump has forever altered the American foreign policy framework - once dominated by a pro-free trade bipartisan consensus closely guarded by the deep state - by confirming that he will not immediately move to scrap the 'Phase 1' trade deal or - and this is critical - move to remove the controversial tariffs imposed by Trump, according to a report in the New York Times.In an interview with - who else? - NYT columnist Thomas Friedman, Biden discussed how his administration will approach foreign policy, though Biden insisted his top priority was getting a...
  • Biden threatens UK trade deal over Brexit shambles

    09/22/2020 11:46:34 AM PDT · by Olog-hai · 13 replies
    EU Observer ^ | 17 Sep. 2020, 17:19 | Andrew Rettman
    Britain’s US trade deal is in jeopardy if the UK endangers Northern Ireland peace over Brexit, US Democratic presidential candidate Joe Biden has said. “We can’t allow the [1998] Good Friday Agreement that brought peace to Northern Ireland to become a casualty of Brexit,” Biden said on Wednesday (16 September). “Any trade deal between the US and UK must be contingent upon respect for the agreement and preventing the return of a hard border. Period,” he added. Biden spoke out during a visit by British foreign secretary Dominic Raab to Washington. The Democrats’ concern comes after the UK threatened to...
  • Rabobank: There Is No Way China Is Either Willing Or Able To Stick To The Trade Deal’s Terms

    06/23/2020 9:01:12 AM PDT · by SeekAndFind · 4 replies
    Trade For Profit ^ | 06/23/2020 | Michael Every of Rabobank, Head of Financial Markets Research, Asia-Pacific
    Today we got a taste of things to come when White House China hawk Peter Navarro stated to the press that the US-China trade deal was “over”. Cue a plunge in stocks and in CNY and in bond yields and general risk off. Then cue the inevitable rapid winding-back of those comments from Navarro and Kudlow and Trump, with the former saying his comments had been taken “wildly out of context” (they hadn’t given he was talking about the total collapse of US trust in China) and the latter tweeting “The China Trade Deal is fully intact. Hopefully they will...
  • The US Should Support Its Ally India Against Chinese Aggression

    06/19/2020 11:33:22 AM PDT · by Kaslin · 20 replies
    The Federalist ^ | June 19, 2020 | Jonathan Gottschalk
    The Chinese Communist Party is punishing India for working with America, and the President should show the nation stands by its friends. One of the many discussions our country has had over the Trump Presidency is what it means for America to be “great.” For some, it’s a country which answers to no external pressure, and only the will of its citizens. For others, it’s a state deeply involved in international politics, actively working with other nations to deepen cooperation. Both sides, however, should agree with at least one prerequisite for greatness. If America is great, it will not be...
  • US, China move forward in implementing trade deal

    05/21/2020 12:48:17 PM PDT · by knighthawk · 1 replies
    Fox Business ^ | May 21 2020 | Jonathan Garber
    The U.S. and China are making progress toward implementing the phase one trade deal struck earlier this year, with Beijing now accepting shipments from more U.S. plants than ever before. The announcement from U.S. Trade Representative Robert Lighthizer comes amid flaring tensions after the U.S. criticized Beijing's initial handling of the COVID-19 pandemic, which was first identified in Wuhan, China, and has since infected nearly 4.9 million people worldwide. Even with the recent tensions between the two sides, however, Beijing has forged ahead with updating its list of U.S. facilities eligible to ship their goods to China. The list now...
  • News Summary-Intelligence Report Tuesday 12/31/2019 Newsdump New Year's Eve

    12/31/2019 6:00:36 PM PST · by Nextrush · 5 replies
    Nextrush Free ^ | 12/31/2019 | Nextrush/Self
    Kim Jong-un speaks saying "the world will witness a new strategic weapon' from North Korea 'in the near future' more later on.... Part of the alert brigade of the 82nd Airborne Division deploying to Kuwait tonight, some 750 US soldiers. More to follow in the coming days..... This after thousands of protesters in Iraq attacking and some entering the US Embassy grounds in Baghdad forcing US forces to disperse them with tear gas today. The protesters angered by the US air strikes in Iraq and Syria Sunday against an Iranian backed militia group.... Chelsea Manning, who gave Wikileaks documents on...
  • EU says Britain making unrealistic post-Brexit demands

    04/24/2020 9:13:23 AM PDT · by Olog-hai · 7 replies
    Associated Press ^ | April 24, 2020
    Despite the devastating economic fallout from the coronavirus pandemic, Britain is making scant effort to negotiate a far-reaching free trade deal in the wake of Brexit that would stave off a costly final separation at the end of the year, the European Union said Friday. EU negotiatior Michel Barnier said his British counterparts keep insisting on unrealistic deadlines and demands that could only lead to a chaotic trade rupture which would mount economic losses on both sides on top of those already expected from the coronavirus crisis. “I am worried,” Barnier said after what he described as another week of...
  • The Phase One U.S.-China Trade Deal Is A Serious Win For The United States; But This Is Not a Time to be Complacent

    01/24/2020 8:55:22 AM PST · by SeekAndFind · 4 replies
    The Federalist ^ | 01/24/2020 | Helen Raleigh
    I was very skeptical when U.S. and Chinese officials announced the two nations had reached a “Phase One” trade deal last December. Neither country released any details regarding the agreement. Chinese officials have been exceptionally muted since the announcement, only emphasizing that the United States would remove a number of tariffs, without mentioning any commitments China had made. Neither the United States nor China even articulated a specific dollar amount of the additional U.S. farm products China pledges to purchase.Last week, both the White House and the U.S. Trade Representative’s Office posted the full text of the agreement, immediately...
  • Politico: 'Trump Hypes Modest China Deal, Distracting from Impeachment'

    01/18/2020 5:12:42 AM PST · by PJ-Comix · 30 replies
    Newsbusters ^ | January 18, 2020 | P.J. Gladnick
    In what is not really a surprise, Politico is looking at the trade deal with China through the lens of impeachment. According to Anita Kumar on Wednesday, the trade deal, which she labeled as "modest," is merely a distraction from impeachment. In fact, that is exactly what the title of her article says, "Trump hypes modest China deal, distracting from impeachment." If you still didn't get the Politico message that the trade deal is supposedly about diverting attention away from impeachment, Kumar emphasizes that talking point in the very first sentence:
  • (What’s Left of) Our Economy: The Case that the Phase One Trade Deal With China Passes the Enforceability Test

    01/16/2020 7:06:23 AM PST · by SeekAndFind · 3 replies
    Reality Check Blog ^ | 01/16/2020 | Alan Tonelson
    Not only has the “Phase One” trade deal now been signed by the United States and China, but official texts have now been released. And my initial read indicates that the Trump administration just might have come up with an effective enforcement regime – though success here will depend on U.S. governments (including this one) displaying nerves of steel. At the same time, the enforcement terms raise the question of why the President felt the need to reach this point via a treaty, rather than simply punish China unilaterally for economic transgressions – as his tariffs on hundreds of...
  • U.S. trade deficit sinks 8% to 3-year low of $43.1 billion in November amid China trade war

    01/07/2020 10:05:40 AM PST · by SeekAndFind · 5 replies
    Marketwatch ^ | 01/07/2020 | Jeffry Bartash
    The numbers: The trade deficit fell sharply in November for the second month in a row and sank to the lowest level in three years, reflecting a decline in Chinese imports and the reemergence of the U.S. as an energy superpower. The trade gap dropped 8.2% to $43.1 billion in November, the government said Tuesday, basically matching the MarketWatch forecast. It’s the smallest deficit since October 2016.Most of the decline recently has been tied to a shrinking deficit with China, whose imports have fallen in the face off stiff U.S. tariffs. Surging U.S. oil exports were another contributor.If the gap...
  • China won't hike grain import quotas for U.S. trade deal: Caixin

    01/07/2020 10:03:04 AM PST · by SeekAndFind · 2 replies
    Retuters ^ | 01/07/2020
    BEIJING (Reuters) - China will not increase its annual low-tariff import quotas for corn, wheat and rice to accommodate stepped-up purchases of farm goods from the United States, local media group Caixin quoted senior agriculture official Han Jun as saying on Tuesday. The report underlines China’s desire to protect its farmers at a time when it is under pressure to buy billions of dollars more of U.S. agricultural goods to calm a prolonged trade war, although its grain imports have been well below quota levels in recent years. Traders and analysts said the announcement appeared to be aimed at local...
  • Trump: US-China Phase One To Be Signed On Jan 15; China: .... (no confirmation from the Chicoms)

    01/02/2020 10:08:45 AM PST · by SeekAndFind · 5 replies
    Hotair ^ | 01/02/2020 | Ed Morrissey
    Does the US and China have an interim agreement to retreat from its bruising trade war? Earlier this week, Donald Trump declared a diplomatic victory, and pledged a signing ceremony at the White House to nail it down. I will be signing our very large and comprehensive Phase One Trade Deal with China on January 15. The ceremony will take place at the White House. High level representatives of China will be present. At a later date I will be going to Beijing where talks will begin on Phase Two!— Donald J. Trump (@realDonaldTrump) December 31, 2019 The later...
  • Vice Premier Liu He to sign ‘phase one’ trade deal in Washington this week, Chinese media says

    12/30/2019 10:40:19 AM PST · by SeekAndFind · 9 replies
    CNBC ^ | 12/30/2019 | Yun Li
    Chinese Vice Premier Liu He, that nation’s top trade negotiator, will visit Washington this week to sign the “phase one” trade deal with the U.S., the South China Morning Post reported Monday. The newspaper, citing a source briefed on the matter, said Beijing has accepted the U.S. invitation for a deal signing in Washington, and the Chinese delegation will stay in the U.S. for a few days until the middle of next week. The South China Morning Post is run by Alibaba but is often criticized for being biased in favor of the state. The two countries have been working...
  • The New Trade Deal With China Does Almost Nothing For The United States

    12/17/2019 8:50:01 AM PST · by SeekAndFind · 37 replies
    The Federalist ^ | 12/17/2019 | Helen Raleigh
    The U.S. and China have such different economic and political systems and different sets of values. We may have to settle our differences through other means, beyond a trade agreement. Last Friday, U.S. and Chinese officials confirmed that that two nations reached a “phase one” trade deal. After more than two years of uncertainty, this is welcome news for many. Yet it is concerning because so few details of the agreement have been made public, and a deal-signing date has yet to be announced.What’s in the Trade Deal? According to the Wall Street Journal, the United States agreed not to...
  • Trump's Official Tweet Explaining the China Trade Deal

    12/13/2019 7:34:47 AM PST · by SeekAndFind · 10 replies
    Donald Trump Twitter ^ | 12/13/2019 | Donald Trump
    Donald J. Trump ‏ Verified account @realDonaldTrump 7m7 minutes ago More We have agreed to a very large Phase One Deal with China. They have agreed to many structural changes and massive purchases of Agricultural Product, Energy, and Manufactured Goods, plus much more. The 25% Tariffs will remain as is, with 7 1/2% put on much of the remainder.... 1,041 replies2,432 retweets7,240 likes Reply 1.0K Retweet 2.4K Like 7.2K ____________________________________________________________________________________________________________________________________________________________________________ Donald J. Trump ‏ Verified account @realDonaldTrump 8m8 minutes ago More .....The Penalty Tariffs set for December 15th will not be charged because of the fact that we made the...
  • Trade deal may offer only short respite from US-China tensions, observers say

    12/13/2019 6:40:37 AM PST · by SeekAndFind · 13 replies
    South China Morning Post ^ | 12/13/2019 | Wendy Wu
    Reaching an interim trade deal could ease tensions between China and the United States for the time being but would not necessarily bolster relations in the long run, according to diplomatic observers. A so-called phase one agreement may offer only initial relief as both countries’ governments face uncertainties at home, the observers said, cautioning that some of the remaining points of dispute were likely to resurface in subsequent talks, along with the unpredictability of US President Donald Trump. Although there were rallies and upbeat sentiments across global markets on Friday after US reports that consensus on an agreement had been...
  • House Judiciary Committee unexpectedly delays planned vote on Trump articles of impeachment

    12/12/2019 9:29:17 PM PST · by massmike · 64 replies ^ | 12/13/2019 | Chris Sommerfeldt and Dave Goldiner
    In a surprise move that outraged his Republican colleagues, House Judiciary Chairman Jerry Nadler broke up a marathon impeachment hearing shortly before midnight Thursday without allowing members to cast their planned votes on articles of impeachment against President Trump. After more than 14 hours of brutally partisan debate, Nadler suddenly gaveled out the hearing and told the panel’s 40 members to return at 10 a.m. Friday for a vote on the articles. “It is now very late at night. I want members on both sides of the aisle to think about what has happened over these last days and to...