US President Donald Trump said the G20 Summit was a success for America’s interests [PPIO]
World markets on Sunday may have sighed some relief after news emerged from the G20 Summit in Buenos Aires that China and the US had agreed to put the breaks on any new trade tariffs for the next three months.
The US agreed not to raise current tariffs on some $200 billion in Chinese goods from 10 to 25 per cent on January 1, 2019.
No one ever accused the DCCC of being able to chew gum and walk at the same time. This cycle the catastrophic loser organization is totally obsessed with suburban districts and, generally speaking, ignoring rural voters. That's a shame, because many rural voters are open an alternative to Trump rubber stamps.
Although ties between Washington and Tel Aviv are stronger than ever, Israeli leaders are aware of a vastly changing political landscape. The US’ own political turmoil and the global power realignment – which is on full display in the Middle East – indicate that a new era is, indeed, in the making.
Unsurprisingly, this new era involves China.
PressTV Interview – Transcript
Background
New Trade Sanctions by the US in the form of tariffs on US$ 200 billion Chinese exports to the US – China in a tit-for-tat move imposed new tariffs on 60 billion of US goods to China
China’s prime minister speaks out about the rise of unilateralism, saying the approach to trade will not solve any problems.
In the escalating US-China Trade war, US President Donald Trump announced 10% tariffs on $200 billion of Chinese goods, which are to come into effect on September 24th.
Nearly 200 pages long, the list covers almost 6,000 individual items. Some are quite common, such as coal, printing ink, pneumatic tires and spark plugs. Others are more exotic, from live eels and frogs’ legs to rail locomotives and chandeliers.
This comes in addition to tariffs on approximately $53 billion of Chinese goods. China retaliated with tariffs on $53 billion of US goods.
BEIJING – The United States’ ongoing attempts to wage a trade war on China will likely fail in terms of scuttling the growing East Asian economy’s hopes to improve its manufacturing base, yet many fear that the ongoing trade war between the two will derail world economic growth and ultimately harm all parties involved.
Such has been the conclusion of global commentators who watched this week as global share prices hit a slump Friday, marking their worst week in about six months.
Transcript: PressTV Skype Interview with Peter Koenig
31 August 2018
Introduction
U-S President, Donald Trump, has threatened to withdraw from the World Trade Organization.
Unlimited wildfires, doctor's orders and the rise of the super snake + this day in history w/the Chicano Moratorium and our song of the day by Brett Dennen on your Morning Monarchy for August 29, 2018.
