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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Trade negotiations again ... a crippling condition from China

    Rocky
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    • Post n°1

    Trade negotiations again ... a crippling condition from China Empty Trade negotiations again ... a crippling condition from China

    Post by Rocky Fri 05 Jul 2019, 2:14 am


    [size=32]Trade negotiations again ... a crippling condition from China

    - 3 Minutes Ago
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    Trade negotiations again ... a crippling condition from China %D8%A7%D9%84%D8%B9%D8%AC%D8%B2-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A
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    At a very uncertain date, a new round of negotiations on a "Sino-US" trade war is expected to start next week in the light of preparatory phone calls by the two sides this week, and an official statement from Beijing on Thursday suggests that There is a looming looming condition that could make the course of the talks more complicated than expected.
    Confirmation of the talks next week between senior representatives of the two countries came on Wednesday by White House Economic Adviser Larry Codlu, who told reporters: "These talks will resume seriously next week."
    This came after US President Donald Trump and his Chinese counterpart Xi Jinping agreed on the sidelines of the G20 summit in Japan last week to resume negotiations stalled since May after the Americans accused China of breaking away from its commitments in a text of an agreement that negotiators said were in touch The final it.
    As Kodlu later slipped away from the time-frame, direct face-to-face talks would begin "soon," a statement by Chinese Ministry of Commerce spokesperson Gao Feng in a press briefing on Thursday implied what could be called a "crippling condition" That existing US tariffs would have to be canceled before any trade agreement between the parties could be concluded.
    The Chinese condition comes after Trump agreed not to impose tariffs on additional Chinese imports worth 300 billion dollars and to ease the restrictions on Huawei to facilitate the resumption of talks. Washington currently levies a 25 percent tariff on Chinese goods Worth $ 250 billion, include semiconductors and furniture.
    With trade negotiations stalled two months ago, US Commerce Department data showed that the US trade deficit in May jumped to a five-month high as imports of goods increased, probably because companies refilled their inventories ahead of rising tariffs on Chinese goods , Which dominated the overall rise in exports.
    The ministry said the trade deficit rose 8.4 percent to 55.5 billion dollars, and April data were revised to show a widening trade deficit to 51.2 billion, instead of 50.8 billion in the previous reading.
    The trade deficit with China, on which Trump's agenda under the slogan "America First", increased 12.2 percent to $ 30.2 billion, while imports rose 12.8 percent. Imports of goods rose 4% to $ 217 billion in May, with imports of consumer products rising $ 1.4 billion, while commodity exports rose 2.8% to $ 140.8 billion, while consumer goods exports rose $ 0.8 billion.


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