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Chinese Ministry of Commerce: We will sign the trade deal in Washington next week


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Number of readings: 416 18-05-2019 12:39 PM


18-05-2019 12:39 PM


IMF Executive Director Christine Lagarde warned of the impact of the US-China trade war on the global economy if it is not settled. 
"It is obvious that our downside risk is the continuing trade tensions between the United States and China," Lagarde said. "If these tensions are not resolved, it is clearly a risk factor that will continue in the future."

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Report: the cessation of trade negotiations between Washington and Beijing

Report: the cessation of trade negotiations between Washington and Beijing

 17 May 2019 10:46 PM
The US-China talks stalled as the two sides entered into a new row, not the exchange of tariff increases, earlier this month, a report said.

The China warned that the decision of the United States , which targets the company "Huawei" could hurt trade talks between the two sides, after US President Donald Trump declared a national emergency and communications technology against threats.

The CNN network quoted unnamed sources as saying Friday that the timing of the next round of negotiations was in a state of constant change because it was not clear what the United States and China would negotiate.

China has not indicated its willingness to reconsider previous promises it abandoned earlier this month, despite attending talks in Washington last week.

The discussions on setting a date for completing the trade talks have not taken place since Trump's decision against Chinese telecoms companies, the sources said.

Earlier in the day , a Chinese government newspaper revealed that the possibility of resuming trade talks with the United States was under threat amid increasing tariff threats.

The United States has prepared a list of products imported from China worth $ 300 billion in order to impose customs tariffs against them after the two countries' recent tariff increase.

 
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12 hours ago, yota691 said:

The CNN network quoted unnamed sources as saying Friday that the timing of the next round of negotiations was in a state of constant change because it was not clear what the United States and China would negotiate.

China has not indicated its willingness to reconsider previous promises it abandoned earlier this month, despite attending talks in Washington last week.

 

My opinion is THIS could be ALL referencing the agreements between former President Tricky AND Mousy Dung with ReEstablishing the Old, er, NEW Silk Road THAT rouge The United States Of America entities STALLED from the mid 1970s UP TO The True The United States Of America Patriot President Donald J Trump's Presidency. The Chinese may see THEMSELVES as having a "better" "deal" NOW WHEREAS The True The United States Of America Patriot President Donald J Trump IS saying, "THAT WAS THEN, THIS IS NOW. HONOR YOUR CIRCA 1972 AGREEMENTS CHINA OR ELSE!!!"!!!

 

Pretty SURE the Chinese WILL say, "Got it."

 

The Chinese have FAR MORE to GAIN with the Old, er, NEW Silk Road ReEstablished than the current trade imbalance with The United States Of America. I can understand the wariness of the Chinese based on past rouge The United States Of America Agency TRAITORS. Since THESE rouge The United States Of America Agency TRAITORS (current AND legacy) are being cleaned up along with THEIR legacies, I suspect the Chinese WILL HAVE far fewer reasons to say, "NO!!!" To THAT "deal" ESPECIALLY with the Insanians, to INCLUDE the Insanian IRGC, COMPLETELY discombobulated.

 

I suspect "positive" "outcomes" in the next few days to couple weeks WITH the Insanians, to INCLUDE the Insanian IRGC, BEFORE the end of Ramadan!!!

 

Go Moola Nova!!!

:pirateship:

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They definitely are not a tax on the American people. It is what has allowed us to achieve 3.2 % growth in GDP ever since Trump took office. Its because Trump is not playing the international good ol boy plan . Simply find out what the Chinese did when the 10% tariffs were applied ? What they did was pass the cost onto the manufacturers inside China. Great ! Why great ! Because the Chinese are helping to make it so expensive to manufacture in China, that they the Chinese are making the 70,000 companies that left the U.S. after 1985 , when the WTO was created. And the then very first time tariffs were not included in a international trade agreement. Not 100 years ago lime the article said. The next thing we will do is allow the world realize we do not really want a new trade agreement with China. Cuz we as a nation make out very well. Also that we will now dominate the energy market worldwide.

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I personally believe we are stronger than China right where we are. 1 We have made $200 billion dollars so far from the 10% tariffs bei g applied so far. What did China do folks? They devalue their currency by 10% I believe. And we earn 200 billion dollars in tariff fees. This move cos Europe, the EU, to devalue their currency 12 or 13% only to stay competitive where the China and the US. China according to Breitling is planning on taking the costs of the additional 15% tariffs and making manufacturing companies inside China to pay it. Making it even more expensive to manufacture Goods inside China. In other words China has shot themselves in their own foot. This will only Force manufacturers to leave China, slowly leave China. If they sell our treasury bills their economy well collapse within the blink of an eye. So they are slowly bleeding out their economy at this point. If they go over there Silk Road initiative, they will go bankrupt as we will put in place something to compete with that. Economic build up will take place and the Americas, North America, Central America, and South America. This will build up the Americas as a economic Fortress Powerhouse, and bring jobs to Canada, the United States, Central America, and South America. These are the places the manufacturers will go to make a competitive profit. This will assist and bringing economic prosperity to impoverished American countries. Alleviating I need to resort to crime in country, and Caravans to rush the US borders. Why? Because through agreements with tariffs in them, these once impoverished countries we'll have a means by which their citizens can earn a living wage in their own country. Can you imagine how this will reduce the drafting of our youth into gangs such as MS-13. Think about it. Trump ain't no joke now is be? He is thinking of the United States first, and all the America's in our hemisphere. Not bad at all. 

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Federalist: US economy will not suffer much from trade war

Federalist: US economy will not suffer much from trade war

20 May 2019 09:45 PM
Direct : A member of the Fed that trade tensions with the United States Pepin China needs to continue for a long time to bring about real damage to the US economy.

"I think the United States has a large and diversified economy, so the negative impact of the trade war compared to the size of the entire economy will be relatively small," said James Bullard, chairman of the Federal Reserve Bank of St Louis in an interview with the Handelsblatt newspaper on Monday.

The United States and China have decided to increase their tariffs on a range of imports.

In addition to raising tariffs, there is uncertainty over the completion of trade talks between Beijing and Washington, raising fears of a growing trade war that could damage the global economy.

Pollard explained that this trade conflict appears to be receiving more attention outside the United States because it could disrupt trade patterns and slow investment outside of Washington, especially in the case of small, open economies that depend on trade.

 
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Morgan Stanley: Commercial war may push the Fed to cut interest to zero

Morgan Stanley: Commercial war may push the Fed to cut interest to zero

 20 May 2019 10:40 PM
Direct: Analysts said the bank "Morgan Stanley" The Federal Reserve will have to cut interest rates to zero within a year as a result because the global economy is heading into recession amid escalating trade war.

"If the talks stop, no deal has been agreed and the United States has imposed tariffs of 25 percent on the rest of China's $ 300 billion in imports, we expect the global economy to go into recession," the bank's analysts said in a note to customers on Monday. Reuters. "

In response, the Fed may cut rates back to zero by the spring of 2020, according to the bank.

Analysts said China would increase its fiscal stimulus to 3.5 percent of GDP (equivalent to about $ 500 billion).

If tariffs remain at 25 percent of US $ 200 billion in US imports from China for three or four months, global growth could slow by 50 basis points to 2.7 percent a year, analysts said.

The United States threatened to impose tariffs against China's other $ 300 billion in imports after the tariff increase to 25 percent went into effect earlier this month.

 
 
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US Treasury Secretary: There is no plan to hold trade talks in China

US Treasury Secretary: There is no plan to hold trade talks in China

22 May 2019 04:00 PM
Direct: The US Treasury Secretary said that there are no plans so far to travel a delegation from the United States to Beijing in order to resume a new round of trade talks.

Stephen Menuchin's comments with the US-based CNBC network came on Wednesday as he prepared to attend a hearing before the US House of Representatives Financial Services Committee.

China has invited a US delegation to visit Beijing after the two countries failed to reach a trade deal during a round of negotiations in Washington this month.

US President Donald Trump has decided to increase tariffs on a $ 200 billion Chinese goods bill from 10 percent to 25 percent, prompting China to retaliate by imposing similar tariffs on US products worth $ 60 billion.

A recent report revealed that talks between the United States and China seem to have stalled as it is unclear what will be negotiated by both countries.

 
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President of China calls for preparation for difficult times

President of China calls for preparation for difficult times

22 May 2019 04:16 PM
Direct : Chinese President demanded to prepare for the difficult times with the growing complexity of the international situation, in conjunction with the intensification of the trade dispute with the United States.

"The great risks and challenges that come from home and abroad and win new battles must be overcome," Xinhua quoted Xi Jinping as saying on Wednesday.

"Our country is still in a period of strategic opportunities important for development, but the international situation is increasingly complex," the Chinese president said.

China is currently experiencing a period of increased tensions with the United States because of tariffs and the failure of negotiations to settle the dispute over the issue.

Jin Ping stressed the need to recognize the complex long-term and complex factors of various unfavorable factors at home and abroad and "the proper preparation for the various difficult situations".

He saw this month 's decision to increase tariffs from China on imports from the United States worth $ 60 billion , the start of June / next June.

The Chinese decision was a retaliation against the US decision to increase tariffs on imports from China worth 200 billion dollars to 25 percent.

The president of the world's second-largest economy on technology also spoke of the need to master more basic technologies and gain a high position in industrial development.

Last week, the United States listed China's Huawei as a threat to US national security.

 
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 Arab and international


Economy News _ Baghdad

The IMF's chief economist warned that the recovery in global economic growth expected in the second half of 2019 is threatened by the return of US-China trade tensions.

"Although the impact on global growth is relatively small at the moment, the new escalation in a trade war could seriously undermine the business climate and financial market confidence, disrupt production chains and threaten the expected recovery of the global economy," wrote Jetta Gubinath in a joint blog with her assistant Eugenio Cerutti. 2019 ».

In early April, the IMF cut its global growth forecast to 3.3% this year after registering 3.6% in 2018. He then announced that growth would slow sharply in the first half before recovering in the second half of 2019. But the IMF has based its forecast on a war truce Trade between the two world powers expected to reach a bilateral agreement.

But unexpectedly, the Bush administration decided on May 10 to tighten tariffs on $ 200 billion worth of Chinese goods, and China plans to increase tariffs on US imports worth $ 60 billion from June 1. Trump also plans to charge an additional 300 Billion dollars of imports from the Asian giant.


Views 39   Date Added 05/24/2019

 
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A Chinese newspaper accuses the United States of trying to occupy world business

A Chinese newspaper accuses the United States of trying to occupy world business

 24 May 2019 06:26 PM
Directly accused the Chinese media of the United States of seeking to colonize the business world through their moves against Chinese technology companies.

The United States has listed Huawei as a threat to US national security, as well as other reports that Washington may put five more Chinese companies, including Heikweigen, on the list.

China's expression of concern over China's Hekfeng, a manufacturer of surveillance equipment, was aimed at self-service by demanding a good ground for bolstering Washington's political agenda, the English-language China Daily reported on Friday.

In this way, the United States hopes to occupy all global business.

Concerns about the US-China trade war have grown in recent days after tariff increases against each other and the restrictions imposed by Washington on Huawei. But US President Donald Trump yesterday gave a glimmer of hope when he said he expected a quick end to the trade war with Beijing.

 
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Really the tariffs on China's goods are merely a restatement of a mutually acceptable trade agreement. You came to us and asked U.S. to give China access to our markets fine. For some reason in 1995 when we signed that WTO agreement we did so knowing that there were no tariffs in it that would regulate violations of the agreement.  We trusted China to do the right thing in that regard. They didn't.  Who could blame them. Not their fault we signed the agreement that only allowed tariffs on imports into China. Thus China stole intellectual property US companies developed and $600 billion annually from our markets for the last 24-25 years. With Trump now applying the tariffs, instead of loosing money we are going to make approximately $400 billion or so. Tariffs have been used to assist American industries since 1810.  Our trade agreement with China was the first one without them. Really Trump wants to stop the punitive tariffs and use them only in case a party to the agreement violates the agreement.  Trump wants to continue to allow China access to our markets to sell their goods and services but only if they will give us unfettered access to their markets as well. Bottomline,  if they apply tariffs on us why do they and others call it unfair for us to apply the exact same tariffs on them. Whats fair is fair. China is the one potentially pushing the US and other countries towards war . They are the ones demonstrating Imperialistic tendencies. 

Edited by new york kevin
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For the record and to eliminate confusion when we signed that WTO Trade Agreement with China, the 1st one without regulatory tariffs in it, Bill Clinton was POTUS . Was that before.or after NAFTA was signed allowing Canada and Mexico to charge tariffs on certain US goods being exported to them, but like with China, not the other way around .

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  • 2 weeks later...

Trump: China's fees do not push US inflation to rise

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Source:

  • LONDON (Reuters)
History: 04 June 2019

WASHINGTON (Reuters) - US President Donald Trump said his country's import duties from China did not push inflation in the United States and that it was urging Beijing's manufacturers to move elsewhere.

"Many companies are leaving China for other countries, including the United States, to avoid paying customs duties," Trump told Twitter shortly after starting an official visit to Britain.

"There is no clear increase in costs or inflation, but the US is getting billions."

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Trump threatens China with an additional $ 300 billion in goods

Economy | 12:43 - 06/06/2019

 
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Follow - up to the balance of News 
US President Donald Trump threatened to impose other duties on Chinese goods worth $ 300 billion , "at least", but said he believed that China and Mexico want to conclude an agreement in a trade dispute with the United States. 
"In our talks with China, a lot of interesting things happen," Trump told reporters on Thursday. We will see what happens ... I may add at least another $ 300 billion, and I will do so in a timely manner, "he said, without elaborating the goods that might be affected. 
"But I think China wants to reach an agreement and I think Mexico wants a strong agreement," Trump said, before the Air Force One took off at the Irish Shannon airport heading for France to mark the day of landing.

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Trump is confident of a trade deal with China

Economy | 09:04 - 07/06/2019

 
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BAGHDAD ( 
Reuters) - US President Donald Trump expressed confidence that a trade deal with China could be reached in the midst of trade negotiations between the two countries. 
"Yes, of course, I will achieve a trade agreement with China," Trump told Fox News. "Beijing really wants to conclude an agreement." He 
concluded: "I would like to conclude an agreement, but what they did was so bad. We have an agreement, they tried to change the terms of the agreement. They can not do it. " 
Escalated trade war between the United States and China last month, after reaching trade negotiations between them to a dead end, where Washington has accused Beijing of reneging on a deal was imminent and officials of the two countries close to completion.
Trump also raised tariffs from 10% to 25% on Chinese goods worth 200 billion dollars, bringing China an increase in tariffs on US goods worth 50 billion dollars, and the US administration included the Chinese telecom giant Huawei in its black list. / H

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21:57
Last updated
All times are GMT +3
119
Watch
 
 
Follow - up / Tomorrow 's Press: 

Description Chinese President Xi Jinping , his US counterpart Donald Trump on Friday that his friend said he believed that the United States does not want to spoil the economic relations with China. 

Speaking in the Russian city of St. Petersburg during an economic forum, Xi said trade and investment relations between China and the United States are strong.

President Trump is my friend and I am sure he does not want that, "he said, speaking in Chinese, which was translated into Russian and then translated into English.
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Trump: We expect a trade deal with China. Beijing is manipulating its currency

Trump: We expect a trade deal with China. Beijing is manipulating its currency

 10 June 2019 06:34 PM

Direct US President Donald Trump China is expected to conclude a trade agreement with the United States because Beijing needed to implement the agreement, and threatened to apply additional tariffs against Chinese goods if not to attend when Shi Ping summit meetings of the G20.

Trump said in remarks to CNBC on Monday that China is devaluing its currency, noting that there is a need to do something about it "because it creates an unequal working environment."

Trump responded positively when asked if tariffs would come into force immediately.

Trump had previously threatened to apply customs tariffs on imports from China worth 300 billion dollars if no agreement was reached with Beijing soon.

The Group of 20 meetings are scheduled to be held from June 28 to 29 in Japan.

Last month, the United States lifted import tariffs from China worth 200 billion dollars from 10 percent to 25 percent.

Trump added that at present, 35 percent to 40 percent of Chinese goods imported by the United States are taxed, but another 60 percent of goods could be included in tariffs if no deal is reached.

However, President Trump described his relationship with his Chinese counterpart as "wonderful".

 
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China vows to respond if Washington escalates trade war

China vows to respond if Washington escalates trade war

11 June 2019 12:15 PM

Direct : China announced that it would respond strongly if the insistence of the United States to escalate trade tensions.

Donald Trump announced yesterday that he could expand tariffs on China to 60 percent of imports, from 35 percent to 40 percent currently in place.

Trump said he would make use of these decisions if the Chinese president did not attend the G20 summit meetings.

"We do not want to fight a trade war, but we are not afraid to wage a trade war. If Washington wants to escalate tensions, we will respond firmly and we will fight to the end," said a spokesman for the Chinese foreign minister on Tuesday.

Last month, the United States raised tariffs on imports from China worth $ 200 billion to 25 percent.

Donald Trump also listed Huawei as a threat to US national security.

 
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Trump: "China must accept pre-agreed terms to complete the trade agreement"

Trump: "China must accept pre-agreed terms to complete the trade agreement"

12 June 2019 11:38 p
Direct US President Donald Trump said he Mtzmk trade agreement with China and has no interest in moving forward if Beijing did not agree again "on the 4 or 5 key points."

"China now wants to make a very bad deal," Trump said in remarks to the White House on Tuesday. "It is my right now to stick to the agreement."

"Either we are going to have a great deal with China or we will not implement any agreement at all," Trump said.

"We had an agreement with China and then backed away. They said they did not want to include four or five issues in the agreement, but we have a deal with China and if they do not return to that agreement, we are not interested in completing another deal," he said.

This week, the US president threatened to expand tariffs on China unless the Chinese president attended the 20th summit. For its part, Beijing threatened retaliation as the United States escalated its trade war.

"They are being abused by tariffs because companies are unable to pay fees so they are leaving China," Donald Trump said.

 
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China: We will not bow to any US pressure on trade

China: We will not bow to any US pressure on trade

 13 June 2019 12:46 PM
Directly : Ministry of Commerce in China , announced that Beijing will not succumb to any extremes of pressure gets her from Washington, and that any US attempt to force China to accept a trade agreement will end in failure.

China's trade spokesman Jiu Fang told reporters on Thursday that Beijing would make no concessions on its principles, according to Reuters.

Asked about Donald Trump's accusations that China had backed away from its promises, Ving commented: "Nothing is agreed until everything is agreed."

President Trump said in remarks yesterday that Washington had an agreement with Beijing and then retracted it because they did not agree to the annexation of 4 or 5 items in the agreement.

Trump therefore stressed either that Beijing would agree to the pre-agreed deal or there would be no agreement.

In other statements, the US president denied a specific date for imposing tariffs on China, while expecting a trade agreement.

 
 
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Trump expects to reach a new trade deal with China

Economy | 08:32 - 14/06/2019

 
image
 
 

BAGHDAD ( 
Reuters) - US President Donald Trump said on Friday that a trade deal with Beijing would happen at some point in any case. 
"We'll see, in the end, they're going to make an agreement," Trump said in an interview with Fox News. 
Trump has repeatedly said he will meet Shi at the summit, although China has not confirmed the meeting. 
China manipulates its currency to avoid pressure from its tariffs on Chinese products

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China: Positive results in trade negotiations with Washington are possible

China: Positive results in trade negotiations with Washington are possible

19 June 2019 04:45 PM
Direct: The Chinese Foreign Ministry confirmed that there is a possibility to reach positive results in trade negotiations with the United States, when the president meets Xi Jinping and his US counterpart , Donald Trump in the Group of Twenty summit.

Foreign Ministry spokesman Lu Kang told a news conference on Wednesday that a China-US trade deal is not only in the interest of the two countries but also fulfills the world's ambitions.

A spokesman for the Chinese Foreign Ministry confirmed that positive results were possible in trade negotiations with the United States after the heads of the world's two largest economies agreed to revive their talks at the G-20 meeting.

"It is important to find an acceptable solution for both sides," Kang said, adding that communication over four decades shows that positive results can be achieved.

President Xi Jinping and his US counterpart Donald Trump will discuss what they want when they meet at the G20 summit, he said.

Leaders of the Group of 20 (G20) are scheduled to hold their meeting in Japan later this month.

Last month saw a trade escalation between the world's two largest economies amid Trump's threats to impose more tariffs on the rest of China's goods, but Trump's assertion yesterday of his intention to meet his Chinese counterpart pushed stock markets to record wide gains.

Everyone is waiting for the G20 meeting, which is due to be held at the Trump Wuxi meeting, amid hopes for a trade deal.

 
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  • yota691 changed the title to Chinese Ministry of Commerce: We will sign the trade deal in Washington next week

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