by Thaddeus G. McCotter President Trump on Wednesday signed an executive order in a prescient move to defend America’s national security against Chinese cyber espionage. Invoking his powers under the International Emergency Economic Powers Act, the president gave the Commerce Department 150 days to devise methods of implementing new…
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A former CIA officer was sentenced Friday to 20 years in prison on charges that he spied for China and allegations he sought to expose human assets who were once his responsibility. The sentence issued by U.S. District Judge T.S. Ellis III in federal court in Alexandria for Kevin…
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by Robert Romano On May 10, the South China Morning Post published a report, “Will China use its US$1.2 trillion of US debt as firepower to fight the trade war?” speculating that China might have potential leverage against the U.S. after President Donald Trump levied 25 percent tariffs on a total…
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China said Monday it would impose tariffs on $60 billion worth of imports from the United States, retaliating after President Donald Trump boosted taxes on $200 billion worth of Chinese goods sent to the U.S. and moved to impose duties on another $300 billion of Chinese exports. The Chinese…
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The United States has increased tariffs from 10 percent to 25 percent on $200 billion worth of Chinese imports. China on Friday said it “deeply regrets” the increased tariffs and will take the “necessary countermeasures” without giving any details. The increases are going into effect amid talks between Chinese…
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by Robert Romano It is no coincidence that just as U.S. trade talks with China were breaking down last week, North Korea on May 4 conducted its first missile test since Nov. 2017. As a result, separating the trade issue from the national security concerns of North Korea’s ongoing…
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President Trump, looking to pressure China to speed up talks on a new trade agreement, says that starting Friday he will impose sharply higher tariffs on billions of dollars of Chinese exports to the United States. Trump said Sunday on Twitter, “For 10 months, China has been paying Tariffs…
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China’s two decades of military modernization has paid off begin missile development and domains like cyber and space, but the Pentagon says China is still relying on spying on others to steal the latest military technology. “China uses a variety of methods to acquire foreign military and dual-use technologies,…
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by Saibal Dasgupta Amazon says it is curtailing business operations in China, the world’s biggest retail market, after struggling against better entrenched local players for more than a decade. The company announced recently that as of July 18, it will no longer provide services through its Chinese website, Amazon.cn. The…
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The U.S. trade deficit fell to an eight-month low in February as imports from China plunged, providing a boost to President Donald Trump’s “America First” agenda and economic growth in the first quarter. The surprise second straight monthly narrowing in the trade gap reported by the Commerce Department on Wednesday…
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