May 26, 2019

China to Emerge Victorious From Trade War With US - Foreign Ministry

16 May 2019, 04:37 | Glen Norman

Heartland GOP Leaders Looking To End China Tariffs ASAP

Donald Trump: No collapse in China trade talks, tariff war 'a little squabble'

In lieu of the leaders' agreement in December, negotiators from China and the US are back at the table in January.

That should have been a wake-up call for Beijing.

Trump warned Xi on Twitter that China "will be hurt very badly" if it doesn't agree to a trade deal. "In any event, China wants a deal!" As well as looking to narrow the trade deficit between the two countries, President Donald Trump has repeatedly accused China of stealing trade secrets and forcing foreign companies to hand over technology as a price of entry to the Chinese market.

The Fed's quantitative-easing campaign helped drive down the value of the dollar, provoking accusations from Brazil and other countries that the United States was waging a currency war on the rest of the world.

And the cross-Pacific showdown may last longer than anyone expected with neither leader willing to back down.

China apparently didn't think Trump would do so.

To prevent dementia, exercise and ditch the vitamin pills, new guidelines say
Hearing aids also may not reduce dementia risk, but older people should be screened for hearing loss and treated accordingly.

A stumbling block has been US insistence on an enforcement mechanism with penalties to ensure Beijing carries out its commitments.

The President's comments will likely feed concerns in other countries over Mr Trump's willingness to break longstanding norms of worldwide economic diplomacy.

Our economic strength against China's relative weakness gives Trump leverage in this standoff, and he is using it.
Analysts fear a confrontation which started when rising power China challenged the dominance of global economic leader US has now developed into a battle of wills between two of the world's most powerful men.

America's "morale will break at any time", the article thundered, adding that "China is fighting back to protect its legitimate rights and interests". And the Chinese population is aging rapidly as birthrates are falling, which means the workforce is becoming smaller and less productive.

In a series of tweets that laid out clearly that he would settle for nothing less than a Chinese capitulation in the trade war, even if it means Americans having to put up with pain for now, Trump has said Beijing has the option of either acceding to U.S. demands - mainly protecting USA intellectual property rights and not stealing American know-how, and closing the trade gap by buying more United States products and produce - or seeing its economy go down the tubes. American businesses and consumers are paying. 'Our economy is fantastic; theirs is not so good.

"If the Federal Reserve ever did a "match", it would be game over, we win!"

Selena Gomez and Bill Murray’s playful side at Cannes Film Festival
What drew our attention was hilarious antics between Selena and 68-year-old Murray. "When I'm not working I'm lazy", he said. Last year, Gomez was body-shamed and trolled for posting a bikini picture to her Instagram account after a kidney transplant.

Meanwhile, Tuesday's data showed that vehicle outputs and sales in April declined by 14.45 per cent and 14.61 per cent year-on-year respectively, according to the China Association of Automobile Manufacturers. China retaliated on Monday, saying it would apply tariff hikes of its own to $60 billion in American goods. That's a bit over one percent of 2018 consumer spending", Scissors writes, but "the cost will certainly not that be that high, because substitution will occur. That does not mean China will buckle easily.

"Our farmers know the theft of intellectual property, trade secrets, particularly manipulating the currency that China does".

It's much easier to question the wisdom of launching trade wars with allies such as Canada and the European Union.

"We're the piggy bank everybody likes to take advantage of or take from".

"Markets were prone to a selloff after a good start to the year on expectations of policy easing from central banks and no escalation of trade tensions, and it's this latter pillar that has come away". Every American should be standing behind the president as he does so - just like Chuck Schumer. Thiessen served as chief speechwriter to President George W. Bush and to Defense Secretary Donald Rumsfeld.

Shooting Suspects Tried to Burn Home First
Vehicle towed from #stemshooting suspect's home apparently has "F*** SOCIETY" spray painted on the side. The Douglas County Sheriffs' Department still has an open investigation into the anonymous complaint.

Other News

Trending Now

A Nintendo Direct Focusing On Super Mario Maker Is Happening Tomorrow
Super Mario Maker 2's story mode has Mario helping Princess Peach rebuild her castle. Fans seems especially excited for assets from the SNES classic Super Mario World .

Macron and Ardern seek pledge to eliminate violent content online
Ardern said multiple edited and versions of the March 15 massacre quickly spread online, and the take down was slow. First-time offenders will be suspended from using Live for set periods of time , the company said.

United Kingdom softball team opens NCAA Tournament at home against Toledo
The Wildcats are a No 14 seed and will open the tourney following the Illinois-Virginia Tech contest in the opener at noon. OU will begin its trek to Oklahoma City as the No. 1 seed for just the second time in program history.

Windstorm Gives High-Rise Window Washers a Harrowing Ride
They were evaluated by paramedics at the scene but declined medical treatment. The lift hit part of the building and broke glass.

Injured Serena Williams withdraws from Rome
The American, 37, was set to play sister Venus Williams in the second round but said she would be "concentrating on rehab" now. It wasn't immediately clear if Serena would recover in time to play the French Open, which starts in less than two weeks.

Dauntless' co-op monster hunting comes to console next week
Everything from questing and crafting to meeting other Slayers and pursuing Behemoths has received massive updates. Inspired by Monster Hunter , Dauntless will launch on PC, via the Epic Game Store , along with PS4 and Xbox One.

Watch how the Premier League title race ends for free!
Klopp pointed to City's financial power, backed by the club's Abu Dhabi owners, as a principal reason why they will not be easy to overhaul.

Twitter reacts to Jets firing GM Mike Maccagnan
Maccagnan compiled a 24-40 record during his tenure as Jets GM, with the team slumping to 4-12 last season. Douglas is close to Gase and has been discussed in NFL circles as a candidate for jobs around the league.

WarnerMedia Teams With All Elite Wrestling On New Multi-Platform League
WarnerMedia and AEW's deal will only add to the increasing visibility of wrestling on television and streaming platforms . WWE also agreed to a five-year extension with USA Network to air Raw, the company's longest-running signature TV show.

How many cups are too much to drink a day?
The researchers identified increased risks of cardiovascular disease in line with coffee consumption and genetic variations. So no, there's no reason to completely cut out coffee, but it is smart to pay attention to how much you're really drinking.