Trump Trade Balance Goal Fails
The latest U.S. official trade data shows that its global goods trade deficit reached $404.04 billion in H1 2018, up $26.5 billion over a year ago.
The latest U.S. official trade data shows that its global goods trade deficit reached $404.04 billion in H1 2018, up $26.5 billion over a year ago.
President Trump’s administration, by introducing tariffs against China, is directly acting to reduce the living standards of the US population.
The intention of Pompeo’s visit to Southeast Asia was to promote an Indo-Pacific strategy and accelerate its launch. However, as the key country in the Indo-Pacific region, does India move to the same beat as the United States on this strategy?
Wang Yi, Chinese State Councilor and Foreign Minister, attended China-ASEAN Foreign Ministers’ Meeting in Singapore on August 2. As the rotating chairman of ASEAN and coordinator of China-ASEAN relations, Foreign Minister of Singapore announced that China and ASEAN arrived at the single draft negotiating text of Code of Conduct (COC) on the same day. This is the first move towards substantive negotiations on the COC, and also a critical move and a milestone that lay foundation and provide essential safeguard for further talks. Δ Chinese State Councilor and Foreign Minister Wang Yi (First row, L3) attends the 25th ASEAN Regional Forum retreat held in Singapore on Aug 4, 2018.[Photo/ Xinhua] What is the single draft negotiating text of COC? The 14th Senior Officials’ Meeting on Implementation of Declaration on the Code of Conduct on the South China Sea (DOC), held last May, passed the framework of COC, indicating that negotiations had entered a new substantive stage. However, a series of difficulties and challenges exist in such stage, among which the foremost one is the drafting of the basic document. As Wang Yi depicted, the progress made in these negotiations can be compared to China and ASEAN building a new house together. In the past, eleven countries had 11 plans, but now, with China and ASEAN agreeing on a single draft […]
The meeting revealed an important signal for the next step in the development of the Chinese economy.
The American people need to hear the truth about U.S.-China trade, instead of Trump’s charges of bad faith. Despite what the president says, trade between our nations is free and fair, and these 10 points explain why.
A trade deal between the European Union and the U.S. is said to be in the works, causing a temporary relaxation of tensions between the two.
Time pushes forward, with less than half a year until the U.S. midterm elections this coming November, and a president whose lawyer is currently under an FBI investigation; the Trump administration is in a tussle, not only for its mandate, but also for its survival.
U.S. President Donald Trump’s imposition of trade tariffs on China has gone further than ever to establish his approach to diplomacy by means of shock effects. It is not that he is suddenly launching new ideas which had not previously been mentioned in the U.S. political debate.
How is China’s GDP doing in the first half? Is the Sino-US trade war damaged China’s economy? Are there any risks and challenges in the H2?
Under the banner of “America First,” U.S. President Donald Trump has launched a trade war against his country’s main trading partners, with China the major target.
China imposed counter-tariffs on some import products from the United States at 12:01 pm Friday immediately after new US tariffs took effect, the country’s customs authority said.