Blink! ( China sending trade envoy to Washington for talks )

Kyle

ULTRA-F###ING-MAGA!
PREMO Member
China is sending a trade envoy to Washington in a renewed effort to end a worsening tariff dispute that has raised worries it will chill global economic growth.

The delegation led by a deputy commerce minister will visit in late August to discuss "issues of mutual concern," the Commerce Ministry announced Thursday. It gave no details of a possible agenda.

The two governments are poised to impose a new round of tariff hikes on $16 billion of each other's goods next week in their worsening conflict over Beijing's technology policy.

The Commerce Ministry said Beijing "reiterates its opposition to unilateralism and trade protectionism and does not accept any unilateral trade restrictions."


https://www.cbsnews.com/news/china-sending-trade-envoy-to-washington-for-talks/
 

vraiblonde

Board Mommy
PREMO Member
Patron
Goodness, it's almost as if everything everyone has said would happen that understood is actually what's happening! Strange, isn't it?

This seems to be a pattern.

Trump enacts some policy.
The progs scream and gnash their teeth, insisting that the world is going to end RIGHT NOW!
Things fall in line the way Trump said they would.
The progs move on to something else to bust chit up over.
 
Goodness, it's almost as if everything everyone has said would happen that understood is actually what's happening! Strange, isn't it?

This seems to be a pattern.

Trump enacts some policy.
The progs scream and gnash their teeth, insisting that the world is going to end RIGHT NOW!
Things fall in line the way Trump said they would.
The progs move on to something else to bust chit up over.

I keep looking at my IRA, you know, from investments in the stock market that were doomed, as per the left? Even after multiple disbursements, my IRA is significantly better than prior to November 2016.
 

transporter

Well-Known Member
Morons...

Chinese hackers targeted U.S. firms, government after trade mission: researchers
WASHINGTON/LONDON (Reuters) - Hackers operating from an elite Chinese university probed American companies and government departments for espionage opportunities following a U.S. trade delegation visit to China earlier this year, security researchers told Reuters.

Cybersecurity firm Recorded Future said the group used computers at China’s Tsinghua University to target U.S. energy and communications companies, and the Alaskan state government, in the weeks before and after Alaska’s trade mission to China. Led by Governor Bill Walker, companies and economic development agencies spent a week in China in May.

Organizations involved in the trade mission were subject to focused attention from Chinese hackers, underscoring the tensions around an escalating tit-for-tat trade war between Washington and Beijing.

For those who aren't paying attention (which is every one of you ignorati types), what was a a major retaliatory tariff item announced by the Chinese last week in response to Trump's latest idiotic trade threat? Alaskan seafood.

This one is even better...an one all of you should (but won't read)


Trump boasts about ‘great new trade deals.’ So far, he hasn’t finalized any.


...The result is that just over a year-and-a-half into his presidency, Trump has achieved an escalating trade war and some heated conversations about trade, but no actual deals have been signed. The Trump team argues that the tariffs are giving them leverage in trade negotiations and any short-term pain from the tariffs will eventually be worth it, but they have yet to see results.

The closest Trump has come to a genuine deal is with South Korea and the European Union, longtime political, military and economic allies of the United States. The Trump administration put out an announcement in March saying an agreement with South Korea had been reached “in principle.” In July, the White House said the United States and European Union would “work together toward zero tariffs” and start an “executive working group” to hopefully reach a deal. Neither deal has been finalized on paper yet, let alone signed by both sides. Trade experts say a sweeping agreement with the European Union could take years.

South Korea was supposed to be the model trade deal. The Trump administration hinted nearly a year ago that it would withdraw from the free trade deal with South Korea, known as KORUS, if Korean leaders didn’t agree to concessions. On March 23, Trump hit several nations with a 25 percent tariff on steel and a 10 percent tariff on aluminum sent to the United States. South Korea was initially exempted because the White House said the trade negotiation was progressing well, but the threat was there that the tariffs could go into effect.

The South Korean government seemed eager to negotiate and put this behind it. By March 27, the White House and South Korea announced the framework of a deal where South Korea would lower barriers so more U.S. cars could be sold there. South Korea also agreed to reduce its sales of steel to the United States by 30 percent in exchange for Trump removing the tariff.


Top White House officials such as Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert E. Lighthizer made the television rounds to herald the deal as proof that the Trump trade agenda was working, calling it “historic” and an “absolute win-win.” Trump tweeted it was a “great deal.”

Yet nearly five months later, the deal has not been finalized, a time-frame trade experts say is getting long for what appeared to be a straightforward tweak to an existing deal. The hold-up, according to South Korean lawmakers and former U.S. trade officials, is Trump’s new threat to put tariffs on foreign-made cars and trucks. South Korean companies like Hyundai and Kia sell a lot of cars in the United States, and South Korean leaders thought their country would be excluded from any further tariffs if they signed a revised KORUS with the Trump administration.

“The Koreans learned that even if you reach an agreement with the Trump administration, they might hit you again with something later to get more,” said Troy Stangarone of the Korea Economic Institute.

Of course, as I noted when the head of the EU was over here...the basic items "agreed to" were the same items that were agreed to under the last administration. So the tariffs had produced absolutely no change, no movement and no progress...
 

Gilligan

#*! boat!
PREMO Member
Morons...

Chinese hackers targeted U.S. firms, government after trade mission: researchers


For those who aren't paying attention (which is every one of you ignorati types), what was a a major retaliatory tariff item announced by the Chinese last week in response to Trump's latest idiotic trade threat? Alaskan seafood.

This one is even better...an one all of you should (but won't read)


Trump boasts about ‘great new trade deals.’ So far, he hasn’t finalized any.






Of course, as I noted when the head of the EU was over here...the basic items "agreed to" were the same items that were agreed to under the last administration. So the tariffs had produced absolutely no change, no movement and no progress...

Too poor to pay attention and don't have time to read.

Sawwy.
 

Yooper

Up. Identified. Lase. Fire. On the way.
This seems to be a pattern.

Trump enacts some policy.
The progs scream and gnash their teeth, insisting that the world is going to end RIGHT NOW!
Things fall in line the way Trump said they would.
The progs move on to something else to bust chit up over.

Imagine how these folks would have been during, say, WWII as we fought "hold" in both Europe and the Pacific for over a years until we (the Arsenal of Democracy) were ramped up enough to win first in Europe and then in the Pacific....

--- End of line (MCP)
 
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