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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Despite Further Talks, No US-China Deal Yet
President Trump and the vice premier of China confirmed on Thursday that while significant progress has been made, there is no new trade agreement yet between the world’s two largest economies. “We’re certainly getting a lot closer,” Trump said sitting at his desk in the Oval Office with Chinese Vice…
Read MoreDespite Current Tariffs, the US Can Expect a Trade Deficit of $410 Billion with China
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…
Read MoreSecurity Adviser Bolton Vows Tougher Approach to China
Reuters National security adviser John Bolton has vowed to further intensify the Trump administration’s tough approach to China, saying Beijing’s “behavior needs to be adjusted in the trade area, in the international, military and political areas.” Speaking in a radio interview on the Hugh Hewitt Show recorded Thursday and…
Read MorePresident Trump Tells China ‘No Deal’ on Trade
by Robert Romano “Now look, China wants to make a deal, and I say they’re not ready yet. I just say they’re not ready yet. And we’ve canceled a couple of meetings because I say they’re not ready to make a deal. We can’t have a one-way street. It’s…
Read MoreAnalysis: President Trump Uses the Power of Tariffs to Correct Unfair Chinese Trade Imbalances
President Donald Trump is levying 10 percent tariffs on $200 billion of Chinese goods shipped to the U.S., rising to 25 percent in Jan. 2019, coming atop a 25 percent tariff on $50 billion of goods from China. Trump has warned if China retaliates, another $267 billion of tariffs will follow. On…
Read MoreAlibaba Chief’s Next Move May Reveal a Chinese Gameplan
by Saibal Dasgupta Alibaba chairman Jack Ma’s surprise announcement last week that he would step down as head of the world’s biggest e-commerce company, has sparked animated discussions on what would be his next career move and whether the Chinese government was behind the decision. Some analysts have suggested the…
Read MoreChina’s Long-Term Strategy Against the United States
By Printus LeBlanc Two world powers are on a collision course, the United States, and China. For now, the U.S. is the dominant world power, but China is fast approaching economic and military parity. That parity is more likely to bring the two nations closer to war, as the…
Read MoreChina’s Unconventional Multi-Front War on the United States
by Printus LeBlanc China has a strategy unlike any the U.S. has faced. In the Cold War with the Soviet Union, it was military force versus military force. China learned a lesson from the USSR and is taking an asymmetrical approach in dealing with the U.S. Yes, China is…
Read MoreSenior CIA Official: China Threatens US Interests ‘Far More Significantly By Any Extreme’ Than The Russians
by Ryan Pickrell A senior CIA official warned of the dangers of China’s rise Friday, stressing that Beijing is determined to see China replace the U.S. as the world superpower. Arguing that China is fundamentally waging a “cold war” against the U.S., Deputy Assistant Director for the CIA’s East Asia…
Read MoreChina Watching Kim-Trump Summit Closely
China may not be participating directly in the summit between U.S. President Donald Trump and North Korean leader Kim Jong Un, but in some ways Beijing will be the invisible third party in the room. Like many countries in the region, China will be watching the Trump-Kim summit closely for…
Read MoreMattis: China Trying to Intimidate, Coerce Neighbors in South China Sea
by William Gallo U.S. Defense Secretary Jim Mattis slammed China’s militarization of disputed South China Sea islands, insisting that weapons systems recently deployed in the area are meant to intimidate and coerce Beijing’s neighbors. The comments came during a Saturday speech at the Shangri-La Dialogue, an annual Asian defense forum…
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