ㅤ"Xi agreed to immediately begin buying more agricultural products from American farmers, along with a pledge to purchase more industrial and energy products. While the specifics of the trade agreements have not been announced, the White House says the deal will help correct the trade imbalance between China and the U.S. Xi has also agreed to a number of cybersecurity and property theft concessions
ㅤAdditionally, China has also agreed to label the opioid fentanyl as a controlled substance, making anyone who sells fentanyl to the U.S. subjected to harsher penalties under Chinese law. The labeling will help the federal government as it fights an historic death rate from opioid overdose."
ㅤFull story at The Daily Caller News Foundation. Posted here on 12/2/18. See "china, tariffs, trade deals."
ㅤ"’President Trump and President Xi have agreed to immediately begin negotiations on structural changes with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture,’ the White House said in a statement."
ㅤFull story and video at The Hill. Posted here on 12/1/18. See "trade dispute, xi jinping, china."
ㅤ"The Intermediate-Range Nuclear Forces Treaty (INF), signed decades ago in a landmark meeting between former President Ronald Reagan and then-leader of the Soviet Union Mikhail Gorbachev in 1986, allows the U.S. to counter Chinese efforts to amass arms in the Pacific but prevents the U.S. from deploying new weapons in response, The Times noted.
ㅤChina, however, is not a signatory to the treaty and faces no limitations in developing intermediate-range nuclear missiles. As a signatory, the Times reported, Russia has been violating the pact since at least 2014."
ㅤFull story at The Hill. Posted here on 10/20/18. See "inf, china, russia, nuclear missiles."
ㅤ"China’s leaders reportedly face internal pressure to repair the economic damage they inflicted upon the country by underestimating the Trump administration’s resolve on trade matters. Their strategy of resistance and retaliation to the U.S. demands that China abandon its unfair economic and trade policies is now seen as a serious miscalculation."
ㅤFull story at Breitbart. Posted here on 10/19/18. See "china, trade war."
ㅤ"A senior White House official said the State Department formally notified the Universal Postal Union, a coalition of 193 countries, that the U.S. intends to withdraw from the pact within 12 months if the administration can’t negotiate more favorable shipping rates.
ㅤ’People are getting hurt in this country by an unfair system,’ the official said. ‘We’re initiating the withdrawal process today. We’re going to try to negotiate in the meantime.’
ㅤUnder the current UPU system, a one-pound package shipped by a U.S. business costs between $10 to $13. But China pays only about $2.50 for shipping in the U.S., the official said.
ㅤ’The U.S. postal services winds up picking up the tab for that,’ said the official.
ㅤNational Association of Manufacturers President and CEO Jay Timmons said President Trump ‘deserves tremendous credit for the administration’s focus on eliminating the anti-U.S. manufacturer subsidy China receives from the U.S. Postal Service.’
ㅤ’This outdated arrangement contributes significantly to the flood of counterfeit goods and dangerous drugs that enter the country from China,’ Mr. Timmons said. ‘Manufacturers and manufacturing workers in the United States will greatly benefit from a modernized and far more fair arrangement with China.’"
ㅤFull story at The Washington Times. Posted here on 10/17/18. See "china, universal postal union, conservative, politics."
ㅤ"President Trump may move to impose tariffs on $200 billion in Chinese goods right after the public comment period closes on Sept. 6, Bloomberg News reported.
ㅤHowever, some people cautioned that Trump has not yet made a final decision, and could enact the duties in installments, according to Bloomberg.
ㅤTrump also could announce the tariffs next week, but impose them at a later date."
ㅤFull story at The Hill – 8/30/18. See "china, tariffs."
ㅤ"President Trump said in an interview with CNBC that the U.S. is ‘down a tremendous amount’ in terms of trade with China, saying that China ‘can’t match us because otherwise we’re always going to be behind the eight ball.’
ㅤ’I’m not doing this for politics. I’m doing this to do the right thing for our country. We have been ripped off by China for a long time, and I told that to President Xi [Jinping],’ the President said.’"ㅤ
Full story at The Hill, image from dailycaller(.com) – 7/20/18. See "china, tariffs, trade."ㅤHomeㅤ
Pictured: Chinese investors use computer terminals as they monitor stock prices at a brokerage house in Beijing, Friday, July 6, 2018.
ㅤ"Washington imposed 25 percent tariffs on $34 billion worth of Chinese imports, a first step in what could become an accelerating series of tariffs.
ㅤRetaliatory measures ‘took effect immediately,’ said a Chinese foreign ministry spokesman, Lu Kang. Hu gave no details, but the Communist Party newspaper People’s Daily said the customs agency was carrying out a plan announced last month to impose 25 percent tariffs on a $34 billion list of American goods including soybeans, pork and electric cars."ㅤ
Full story at The Washington Times, image from washingtontimes(.com) – 7/6/18. See "tariffs, china."ㅤHomeㅤ
Pictured: President Donald Trump speaks during a rally at the Four Seasons Arena at Montana ExpoPark, Thursday, July 5, 2018, in Great Falls, Mont.
ㅤ"The President said Thursday that the 25 percent tariff on $34 billion worth of Chinese goods was just the beginning of his crackdown. Higher duties would hit another $16 billion worth of goods in two weeks, telling reporters en route to a rally in Montana he is prepared to considered another $500 billion in trade duties on Chinese goods if Beijing refuses to compromise. ‘It’s only on China,’ said the President."ㅤ
Full story at The Washington Times, image from washingtontimes(.com) – 7/5/18. See "china, trade war, tariffs."ㅤHomeㅤ
Pictured: "According to Amnesty International’s annual report on the death penalty, ‘excluding China, at least 778 people were executed worldwide’ throughout 2013. Dui Hua’s estimate would place the number of executions in China at three times as many as the rest of the world put together." — Newsweek
ㅤ"Warren ignored the human rights abuses perpetrated by the Chinese government. As even the leftist Huffington Post acknowledged when writing of the prisoners in China, ‘Plus thousands upon thousands of others. Their names and ‘crimes’ are listed one after another. They are the imprisoned and the missing, the tortured and the executed."ㅤ
Full story at Ben Shapiro’s Daily Wire, image from searchmap(.eu) – 5/30/18. See "human rights abuses, china, elizabeth warren, conservative."ㅤHomeㅤ
ㅤ"China announced Tuesday a reduction in tariffs on cars and car parts, keeping a pledge Beijing made to appease President Trump’s demand for a fairer trade relationship."ㅤ
Full story at The Washington Times, image from marfeel(.com) – 5/22/18. See "china, trump administration, tariffs."ㅤHomeㅤ
ㅤ"More tough trade bargaining is still to come between the world’s two biggest economies. But Wall Street rallied on the rough outlines of a U.S.-China deal, sending the Dow Jones Industrial Average soaring above 25,000 points for the first time since March."ㅤ
Full story at The Washington Times, image from washtimes(.com) – 5/21/18. See "china, dow jones industrial average."ㅤHomeㅤ
ㅤ"Treasury Secretary Steven T. Mnuchin said Sunday that a trade war with China is ‘on hold’ and that the U.S. will delay an announced series of tariffs against Beijing after the latest round of economic talks in Washington.
ㅤ’We’re putting the trade war on hold,’ Mr. Mnuchin said on ‘Fox News Sunday.’ He added that the Trump administration, after twice announcing levies on a number of Chinese goods, has ‘agreed to put the tariffs on hold while we try to execute the framework’ of a broader agreement."ㅤ
Full story at The Washington Times, image from washtimes(.com) – 5/21/18. See "china, mnuchin."ㅤHomeㅤ
ㅤ"Chinese President Xi Jinping is worried. The Donald has his number."
Full story…at The Washington Times, image from ft(.com) – 4/15/18.
Tags: xi jinping, china. 𑗉
BLINK: AFTER TRUMP TIRADE, CHINA PLEDGES TO ‘SIGNIFICANTLY’ LOWER TARIFFS, PROTECT INTELLECTUAL PROPERTY
ㅤ"President Trump last week raged about China’s high tariffs against American products. The Mainstream media breathlessly predicted a devastating trade war — one the MSM gleefully declared the U.S. would lose — and said the aggressive move would devastate the stock market. Neither happened. In fact, the exact opposite occurred.
ㅤOn Tuesday, Chinese President Xi Jingping announced plans to ‘open’ China and vowed to ‘significantly’ lower tariffs on automobile imports from the U.S."…
Full story…at The Daily Wire, image from dailywire(.com) – 4/10/18.
Tags: xi jingping, china, trade war, tariffs. 𑗉
ㅤô¿ô …Precisely. Saying China could win a trade war is like saying a retailer could survive without customers.
Full story at The Washington Examiner, image from brightspotcdn(.com) – 4/4/18.
Tags: trade, trade deficit, china. 𑗉
ㅤ”Chinese Premier Li Keqiang said Monday that Beijing wanted trade talks with the U.S. and not a trade war, reiterating his country’s willingness to open up markets to American business.
ㅤ’With regard to trade imbalances, China and the United States should adopt a pragmatic and rational attitude, promote balancing through expansion of trade, and stick to negotiations to resolve differences and friction,’ Mr. Li told the conference in Beijing, state radio reported.
ㅤHis move to tamp down talk of trade war signaled that President Trump’s tough measures targeting China’s unfair trade practices, including tariffs on high-tech exports to the U.S., were having an impact.”
Full story at The Washington Times, image from marfeel(.com) – 3/26/18.
Tags: china, trade war. 𑗉
ㅤ”‘I don’t agree with President Trump on a whole lot, but today I want to give him a big pat on the back,’ Schumer said in a speech on the Senate floor. ‘He is doing the right thing when it comes to China.’
ㅤ’Unfortunately, previous Presidents, Democrat and Republican, just stood by as China did what it did to us. President Trump is exactly right,’ he continued.”
Full story at The Daily Caller, image from nydailynews(.com) – 3/22/18.
Tags: chuck schumer, schumer, china, tariffs. 𑗉
ㅤ”President Trump is preparing to impose a package of $60 billion in annual tariffs against China, following through on a long-time threat that he says will punish China for intellectual property infringement and create more American jobs.
ㅤThe tariff package, which Trump plans to unveil by Friday, was confirmed by four senior administration officials.”
Full story at The Washington Post, image from breitbart(.com) – 3/19/18.
Tags: tariffs, china, conservative, politics. 𑗉
ㅤ”Now that Trump has imposed a 30 percent tariff on solar panels, one of China’s largest manufacturers of solar panels announced that it will be opening a production center in the U.S.”