GUANGZHOU, China, April 17 (Reuters) – China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group
‘Bidenomics’ and Xi’s common prosperity share strikingly similar beliefs but because both economies are trade-linked and seek tech advancement, conflict becomes inevitable.
US President Joe Biden calls for tripling tariffs on Chinese steel and aluminium, while US Trade Representative office launches investigation into Beijing’s practices in logistics and shipbuilding industries.
Beijing on Thursday accused the United States of hypocrisy in response to accusations by President Joe Biden that China is “xenophobic” and “cheating” on trade. “I would like to ask him: are you talking about China or the US itself?” foreign ministry spokesman Lin Jian said, when asked about the comments. In a speech Wednesday […]
China has surged sales to Russia of machine tools, microelectronics and other technology that Moscow in turn is using to produce missiles, tanks, aircraft and other weaponry for use in its war against Ukraine, according to a U.S. assessment. Two senior Biden administration officials, who discussed the sensitive findings Friday on the condition of anonymity, […]
By Shaun Tandon US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences “responsibly” as he went on a charm offensive ahead of expected tough talks. A day before meeting Beijing’s top brass to tackle thorny issues including Russia, Taiwan and trade, Blinken’s visit to Shanghai saw […]
Tit-For-Tat Responses From Beijing To Trade Restrictions May Bring About A Full-Blown Trade War By John Liu, Zhu Lin and Abhishek Vishnoi, Bloomberg Markets Live reporters and strategists China’s most-promising industries are facing a growing threat of trade restrictions from Western governments, blurring the outlook for stocks that have the potential to fuel the nation’s market growth. The sectors under scrutiny by Europe and the US are as wide-ranging as electric vehicles, wind...
In a meeting organised by People Before Profit, the activist and author will deliver his talk at 7pm in St Columb’s Hall. Allen is the author of several books on US politics, foreign policy and Labour relations. These include, Vietnam the Last War the US lost, and his most recent book on the struggle for Trade Union rights within United Parcel Service. Allen has been active in radical politics for over four decades. Speaking ahead of the event on Wednesday evening in Derry, a spokesperson for...
By W.G. Dunlop US Defense Secretary Lloyd Austin spoke with his Chinese counterpart Dong Jun via video teleconference Tuesday, in the first substantive talks between the superpowers’ defense chiefs in nearly 18 months. The United States has been working to strengthen defense cooperation with its allies in the Asia-Pacific region to counter China’s growing influence […]
US Secretary of State Antony Blinken is on a visit to China - offering a mixture of friendliness and warnings. We assess US-China relations and ask what, if anything, this visit could change.Also in the programme: the father of a US-Canadian aid worker killed in Gaza tells us the message he'd like today’s memorial service to send to the world; and the possible dangers of yet another artificial sweetener - one that's hard to avoid if you like soft drinks, cakes or chewing gum.(MAGE: U.S....
President Joe Biden and presumptive GOP nominee Donald Trump are now working to one-up each other with various tariff proposals despite both political parties enthusiastically backing free trade just a few years ago. The latest came on Wednesday, when Biden proposed tripling the import tariff on Chinese steel and aluminum, subject to an investigation by […]
Steven Sahiounie, journalist and political commentator In an unprecedented and dangerous escalation, Israel targeted the Iranian Consulate in Damascus on April 1. It has been many years since Israel has bombed targets inside Iran, and the diplomatic building, directly attached to the Iranian Embassy, is considered the same as an attack on Tehran. According to […]