techkenyot.com
techkenyot.com February 20, 2019


China set to respond to new round of United States tariffs

09 August 2018, 01:27 | Hattie Nash

Cars to be exported are seen at a port in Lianyungang Jiangsu province China

Cars to be exported are seen at a port in Lianyungang Jiangsu province China

Announcing the new duties, the US Trade Representatives Office: "China directs and unfairly facilitates the systematic investment in, and acquisition of, US companies and assets to generate large-scale technology transfer".

The dispute has continued to escalate, as Trump last week threatened to jack up the tariff rate on the next US$200 billion in Chinese imports his administration plans to target to 25 per cent, from the planned 10 per cent.

"We have made the case to the Administration, in the strongest possible terms, that tariffs imposed on semiconductors imported from China will hurt America's chipmakers, not China's, and will do nothing to stop China's problematic and discriminatory trade practices", he said. The additional tariffs will go into effect on August 23.

The U.S. action that prompted the Chinese retaliation was the latest by President Donald Trump to put pressure on China to negotiate trade concessions, after Washington imposed tariffs on $34 billion United States in goods last month. Those duties could be in place after a comment period ends on 6 September. President Donald Trump has suggested he may tax effectively all imports of Chinese goods, which reached more than $500 billion a year ago.

InfoWars’ Alex Jones Issues Video Statement On His Social Media Bans
In a series of tweets Tuesday, Dorsey said that Jones has not violated Twitter's rules. He then went into more detail with subsequent tweets.

Prior to the beginning of what is being dubbed as a "trade war" Chinese electric bikes were subject to no tariff and motors just 4%.

Sales to the USA rose by 13.3%, while China's surplus with the States shrank marginally to $28.1bn (£21.7bn) last month from a record $29bn (£22.4bn) in June.

China's exports to the United States rose 13.3 percent in the first seven months of 2018 from a year earlier, compared with a 13.5 percent rise in Jan-June. Also removed were splitting, slicing or paring machines.

Chinese state media has said Beijing will not be cowed by Washington's threats.

Astros release statement after activating Roberto Osuna from restricted list
Hinch says Osuna will join the Astros in Los Angeles on Sunday and be activated for the series finale against the Dodgers . Osuna was placed on administrative leave May 8 after he was arrested by Toronto police on suspicion of assaulting a woman.

The US and China have been trying to restart high-level talks that broke off after Trump followed through on his tariff threats.

The two sides held three rounds of formal talks, beginning with a delegation to Beijing led by Mnuchin in May. But within days, Trump himself backed away from the deal, saying talks would "probably have to use a different structure".

The tariffs will come into effect simultaneously with the U.S. ones, at 12:01 pm in Beijing, according to the statements.

US President Donald Trump has boasted that trade wars are "easy to win" and warned he would hit virtually all Chinese imports if Beijing does not back down and take steps to reduce its $335 billion surplus with the US.

Eleider Alvarez Shocks, Krushes Sergey Kovalev - Queensberry Rules
Kovalev had a big fourth round, landing several powerful combinations and hard jabs that rattled Alvarez and slowed him. Kovalev was taken to the hospital after the fight to receive medical treatment. "I am feeling good", Kovalev said.



Other News

Trending Now

Rand Paul meets with Russian officials
Trump later walked back the remark and said he trusted the US intelligence community's assessment Moscow did interfere. Republican Senator Lindsey Graham told reporters earlier in the week that he wanted "a sanctions bill from hell".

Woman pulled alive from collapsed building 2 days after Lombok quake
The death toll rose to 131 and 1,477 were severely injured, the National Disaster Management Agency (BNPB) said in a briefing. In 2004, the Indian Ocean tsunami killed 226,000 people in 13 countries, including more than 120,000 in Indonesia.

Canadian dollar falls after Saudi Arabia reportedly sells off assets
Washington Post foreign affairs writer Ishaan Tharoor joins CBSN to break down the diplomatic spat. Saudia Airlines has also announced it will suspend flights to and from Canada starting August 13.

Hiroshima marks 73rd anniversary of atomic bombing
Survivors, their relatives and other participants marked the 8:15 a.m. blast with a minute of silence. Three days later, another atomic bomb was dropped on Nagasaki, killing an estimated 40,000 people.

Kourtney Kardashian and Younes Bendjima split
Khloe Kardashian commented on a screenshot of the post writing, "Alexa, play 'heard it all before, ' by Sunshine Anderson". According to Us Weekly , he took to social to call out the publication and deny the rumors. "F-k your Hollywood bulls-t".

Oil Rises After OPEC Sources Say Saudi Crude Output Fell
USA sanctions on Iran's energy sector are set to be re-imposed after a 180-day "wind-down period" ending on November 4. Observers have dismissed Trump's call for Saudi Arabia to abruptly increase oil production as political "noise".

UK's Boris Johnson under fire for denouncing burqas as 'ridiculous'
Labour's Naz Shah , shadow equalities minister, called for an independent inquiry into Islamophobia into the Tory party. The former foreign secretary used his column to comment on Denmark's introduction of a burka ban.

Snapchat lost three million users in Q2 2018
After a tumultuous first year as a public company, Snap is starting to show some stability, despite the slowdown in user growth. Snap also has been redesigning its app to encourage users to interact with more of its ad-supported videos.

Trump Tweets 'Tariffs Are Working,' Can Pay Down Debt
China is proposing a 25% tariff on imports of United States liquefied natural gas, a major blow to an emerging American business. Similar to crude oil and LNG, coal was another area where Trump could have made a difference to USA exports to China.

Gates admits he cheated on wife at Manafort trial
Gates' earlier testimony on Tuesday, meanwhile, centered on how Ukrainian businessmen paid Manafort for his consultancy work. Downing also asked Gates if he had submitted personal expenses to President Donald Trump's inaugural committee.