Sunday, 16 December, 2018

White House: Trump meets with German auto executives

Trump Said China Has Agreed To Cut Tax On US Made Cars Trump claims 'BIG leap forward' in China trade talks, but details unclear
Orlando Vargas | 07 December, 2018, 18:59

Trump has exaggerated the effect of the tariffs on USA revenue. -China agreement in Buenos Aires as a historic breakthrough that would ease trade tensions and potentially reduce tariffs.

The commerce ministry, in a brief statement on its website, also said China would work to implement specific issues already agreed upon as quickly as possible.

For meetings such as the Trump-Xi dinner, the initial official news report is typically drafted by the foreign ministry and approved by the General Office of the ruling Communist Party's Central Committee, she said.

"I am certain that, at some time in the future, President Xi and I, together with President Putin of Russian Federation, will start talking about a meaningful halt to what has become a major and uncontrollable Arms Race".

The Dow Jones Industrial Average fell by about 799 points or 3.09 percent on Tuesday after Trump reminded China that he was "a Tariff Man" who could easily hike tariffs on Chinese goods if they failed to deliver on their promise to purchase American goods.

"When people or countries come in to raid the great wealth of our nation, I want them to pay for the privilege of doing so".

The China Daily also published a commentary on Tuesday noting the 90-day period, explaining it was a truce and saying the USA would likely escalate the trade war if no permanent deal was achieved.

Trump "shared his vision of all automakers producing in the United States and creating a more friendly business environment", the White House said in a statement. Ultimately, I believe, we will be making a deal - either now or into the future.

Trump said he and Xi "have a very strong and personal" relationship. "Narrow agreements and modest concessions in their ongoing trade dispute will not bridge the wide gulf in their respective economic, political and strategic interests".

Meghan Markle's private visit to a London university revealed
During her royal tour of Fiji with husband Prince Harry in October, the Suits alum delivered a speech about women's education. Kensington Palace has issued a rare statement regarding the recent alleged feud between Meghan Markle and Kate Middleton .


New Far Cry game teaser released, shows post-apocalyptic setting
The game appears to be a direct continuation of Far Cry 5 , following the destruction of life on Earth at the end of the game. Now a leak of the game's Xbox One cover art has popped up on Twitter , revealing the new game's title as Far Cry: New Dawn.


How arrest of Huawei Technologies CFO extends troubled history with US
Canada's cyber security chief, however, said Ottawa was prepared for any possible retaliatory cyber attacks over the arrest. MSCI's benchmark for global stocks declined 0.61 percent, and US markets were on track to open lower by 1 percent or more.


He said a pause in additional USA tariffs and an additional round of negotiations between the US and China is exactly what he was hoping for from the G20 meeting.

"I think it's coming, OK", adviser Larry Kudlow said on Fox News Tuesday.

Mnuchin also stressed the US expects immediate action from China on its trade commitments.

"The actual amount of concrete progress made at this meeting appears to have been quite limited", Alec Phillips and other economists at Goldman Sachs wrote in a research note.

"We are now taking in $billions in Tariffs". The downside for China is that it also needs US sourced LNG as its insatiable gas demand expands amid Beijing's mandate that gas make up at least 10 percent of its power generation energy mix by 2020, with further earmarks set for 2030. These practices, according to the administration and outside analysts, include stealing intellectual property and forcing companies to turn over technology to gain access to China's market.

According to agreement, China agreed to buy a "very substantial" amount of agricultural products, industrial, energy and some others too from the USA in order to reduce the trade gap in-between countries, and also China agree to purchase farm products "immediately" from U.S., the White House said. "The meeting with the president was very good and very open". "So this time around, as I said, I'm hopeful, we're covering more ground than ever ..."

Keane also said that the Chinese leader intends to overtake the United States as a global leader in the world.

Chinese officials have begun preparing to restart imports of U.S. soybeans and liquefied natural gas, the first sign confirming the claims of President Donald Trump and the White House that China had agreed to start buying some United States products "immediately".

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