US Wants Pledge for Stable Chinese Yuan as Talks Resume

Xi Jinping

by Reuters   The United States is seeking to secure a pledge from China it will not devalue its yuan as part of an agreement intended to end the countries’ trade war, Bloomberg reported on Monday. Officials from the two countries, which resumed talks on Tuesday in Washington, are discussing…

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Pompeo Warns Central European Allies Over Russia, China Ties

U.S. Secretary of State Mike Pompeo has warned during a trip to NATO allies Slovakia and Hungary that Russia and China are trying to fill a political vacuum in central Europe caused by what he described as the United States’ absence in the region over recent years. Arriving Tuesday in…

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Berkeley University Suspends New Research Projects with Chinese Telecom Giant Huawei

One of the world’s top research universities, the University of California, Berkeley, has stopped new research projects with Huawei Technologies, the embattled Chinese telecommunications giant. The university’s suspension, which took effect on January 30, came after the U.S. Department of Justice filed criminal charges against the corporation and some of…

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Despite Current Tariffs, the US Can Expect a Trade Deficit of $410 Billion with China

Donald Trump, Xi Jinping

by Robert Romano   Last month, China reported growth of its economy in 2018 at 6.6 percent, the lowest in 28 years. The slowdown is real enough but whether it results in a grand trade deal by the U.S. and China may depend on how much pain China is really feeling…

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US Intel Chief: Russia, China Biggest Espionage, Cyber Threats

Reuters   Russia and China pose the biggest espionage and cyber-attack threats to the United States and are more aligned than they have been in decades, the leader of the U.S. intelligence community told U.S. senators on Tuesday. While the two countries seek to expand their global reach, Director of…

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China Expected to Report Slowest Growth in 28 Years

Reuters   China is expected to report Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown. Growing signs of weakness in China, which…

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American Farmers Support Trump Despite Tariffs

by Tim Pearce   American farmers are sticking behind President Donald Trump despite a trade agenda that makes selling produce to foreign countries more difficult and less profitable, Bloomberg reported. The United States’s ongoing trade war with China is a primary concern for U.S. farmers that sell crops, especially soybeans, overseas. While Trump’s view…

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Commentary: Contrary to Some Conservatives’ Slavish Devotion Free Trade Dogma, Trade Deficits Do Matter

by Spencer P. Morrison   Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist – just like every other intellectual mercenary associated with the faux-libertarian propaganda mill that is the…

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Trump Team Holds China’s Feet to the Fire on Trade Negotiations

Donald Trump, Xi Jinping

by Jason Hopkins   As the Trump administration continues trade negotiations with China, the U.S. delegation is taking additional steps to make sure the Communist country follows through on its pledges. U.S. and Chinese officials met Monday in the Commerce Ministry in Beijing to begin their two-day trade negotiations. The…

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