All posts tagged: Trade

United States adds 37 Chinese entities to trade blacklist

United States adds 37 Chinese entities to trade blacklist

[ad_1] The United States added 37 Chinese entities to a trade blacklist Thursday, May 9, including some companies accused of supporting a suspected spy balloon that flew over US soil last year. The Commerce Department said it also took aim at those that sought to acquire US goods to advance China’s quantum technology capabilities. “These activities have substantial military applications and pose a significant threat to US national security,” said the Commerce Department in a statement. Companies added to the so-called “entity list” are restricted from obtaining US items and technologies without government authorization. The latest additions to China’s “high altitude balloon program” come after the Commerce Department added six Chinese entities to the trade restriction list in February 2023 over the balloon incident. The balloon’s days-long flyover from Alaska to South Carolina captured the attention of many Americans before the US military shot it down off the country’s east coast. On Thursday, the Commerce Department added that certain targeted entities this time were linked to advancements in China’s nuclear programs as well, or were …

Lawmakers Urge U.S. Action To Halt China’s Organ Trade

Lawmakers Urge U.S. Action To Halt China’s Organ Trade

[ad_1] Authored by Susan Crabtree via RealClearPolitics, A group of leading China critics in Congress is urging the State Department to step up its efforts to curb Beijing’s gruesome $1 billion forced organ harvesting trade, which targets ethnic and religious minorities, including Uyghurs, Tibetans, Muslims, Christians, and Falun Gong practitioners.  Six members of the Congressional-Executive Commission on China, or CECC, sent a letter last week to Secretary of State Antony Blinken asking him to utilize existing agency reward programs to provide monetary incentives for information that will “deter and disrupt the market for illegally procured organs” in China. Rep. Chris Smith, who chairs the CECC, and Sen. Marco Rubio, the commission’s ranking member, joined Democrat Rep. Jennifer Wexton of Virginia and GOP Reps. Michelle Steel of California, Zach Nunn of Iowa, and Ryan Zinke of Montana in signing the letter.  The State Department manages two programs that offer awards of up to $25 million for information leading to the arrest and/or conviction of members of significant transnational criminal organizations. One focuses on violators of U.S. narcotics law, …

More than a trade war: Trump is targeting Mexico

More than a trade war: Trump is targeting Mexico

[ad_1] One of the most inane of all MAGA Republican claims is the insistence by militant right wingers and insurrectionists that they are pacifists. Take, for instance, Marjorie Taylor Greene’s claim that Republicans “are the party of peace”: Or Trump who often brags that he had no wars while he was president (unless you count Afghanistan and Syria and large numbers of drone strikes in various places.)  They aren’t the only ones. And I think we can all agree that these are not people anyone would normally describe as flower children even though a New York Times columnist once fatuously described the bellicose Trump as “Donald the Dove.” These are the most contentious people in politics and they only get away with proclaiming such nonsense because they have mastered the tactic of getting people to believe up is down and black is white.  They may be peaceniks but they are champing at the bit for a war of their own and it looks like Mexico will be their enemy of choice. In recent days we’ve seen this …

US popularity shrinks worldwide, new report says – POLITICO

US popularity shrinks worldwide, new report says – POLITICO

[ad_1] Now, Europe is joining the trend. “For the first time since the start of the Biden administration, many Western European countries have returned to net negative perceptions of the U.S. This rise and decline, from negative attitudes to positive [and] back to negative attitudes is particularly stark in Germany, Austria, Ireland, Belgium and Switzerland,” said Frederick DeVeaux, senior researcher for the Latana survey company that compiled the index. Meanwhile, positive perceptions of China in Asia, North Africa, the Middle East and Latin America continue to grow, bringing the global perception of Beijing to a net positive, despite continued European skepticism. Russia, battling overwhelmingly negative perceptions across the globe in the initial aftermath of President Vladimir Putin’s full-scale invasion of Ukraine, also appears to be on the path to image rehabilitation in most regions surveyed, with the exception of Europe. “For the first time since the start of the Biden administration, many Western European countries have returned to net negative perceptions of the U.S.,” said Frederick DeVeaux, | Michal Cizek/AFP via Getty Images America’s faltering …

Macron and China’s Xi break protocol for one-on-one visit to the Pyrenees

Macron and China’s Xi break protocol for one-on-one visit to the Pyrenees

[ad_1] French President Emmanuel Macron welcomed Chinese President Xi Jinping to the Pyrenees mountains on Tuesday on the second day of a trip during which Xi showed little sign of being ready to offer major concessions on trade or foreign policy.  Issued on: 07/05/2024 – 12:27 3 min Advisers to the French president described the Pyrenees trip as breaking with protocol for a chance for one-on-one chats with Xi, without scores of aides, in mountains dear to Macron as the birthplace of his maternal grandmother. One of Macron’s main objectives is to convince Xi to reduce the trade imbalance between the two regions, with better access for European firms in China and fewer subsidies for Chinese exporters. Macron and his wife, Brigitte, who greeted Xi and his wife, Peng Liyuan, at the airport in windy weather, took them to lunch high up in the mountains. The two couples, who travelled on separate flights from Paris, also took separate cars to the mountains and arrived amid thick fog – missing out on the view. After watching …

Macron, Xi call for worldwide ‘Olympic truce’ during Paris Games – POLITICO

Macron, Xi call for worldwide ‘Olympic truce’ during Paris Games – POLITICO

[ad_1] With heavy sanctions on Russia impacting the country’s trade with the United States and the EU, China now supplies Russia with the lion’s share of its consumer goods as well as key technologies for the battlefield. The two sides enjoy what Xi has called a “no-limits partnership.” Macron, meanwhile, welcomed Chinese “commitments” to “abstain from selling any weapons” to Russia and “closely control the export of dual-usage equipment,” saying that such statements were “reassuring.” Xi in turn warned Ukraine’s backers against focusing too much on Beijing’s support for Moscow, hinting at Washington’s role in the conflict. “We oppose those who use the crisis and throw the responsibility on a third party, and call for a new Cold War,” he said. Earlier in the day, Xi, Macron and their wives attended an official welcome ceremony at the Invalides monument in Paris, during which the French Republican Guard played the national anthems of the two countries. They also reviewed the troops and exchanged pleasantries about the features of the 17th century monument. The Chinese leader held three-way talks with …

Macron claims a win on Chinese cognac tariffs at meeting with Xi Jinping – POLITICO

Macron claims a win on Chinese cognac tariffs at meeting with Xi Jinping – POLITICO

[ad_1] Speaking at a French-Chinese business summit later in the evening, Macron said he would welcome Chinese investments in France including into electric vehicles and batteries — but once again stressed the need for balance in mutual trade. “Our relations have always been at the forefront of relations between China and Western countries, setting an example of mutual reinforcement and progress,” Xi said at the event. Earlier in the day, Commission President Ursula von der Leyen, who attended a meeting with Xi and Macron, said China’s “overcapacity” in fields including electric vehicles had resulted in “unsustainable unbalances.” Macron’s gifts to Xi included various bottles of French Cognac. Xi didn’t comment on the issue of liquor tariffs. [ad_2] Source link

UAE and New Zealand to Launch Talks for a Free Trade Deal

UAE and New Zealand to Launch Talks for a Free Trade Deal

[ad_1] SYDNEY (Reuters) – New Zealand and the United Arab Emirates will begin negotiations over a free trade agreement, the Pacific nation’s trade minister said on Tuesday. Trade Minister Todd McClay met his UAE counterpart in Dubai to announce the start of talks on a Comprehensive Economic Partnership Agreement, according to a statement from his office on Tuesday. “The UAE is an important bilateral partner for New Zealand, and today’s launch of negotiations is an exciting step towards growing our significant trade and economic relationship,” he said. The UAE is New Zealand’s largest trade partner in the Middle East and exports hit NZ$1.02 billion ($613 million) in the year to September 2023, up 17% from the year before, according to New Zealand foreign ministry data. War in Israel and Gaza New Zealand is also in talks for a free trade agreement with the Gulf Cooperation Council, a regional body of six whose members include the UAE, Kuwait and Saudi Arabia. McClay said he discussed the talks on his visit to Saudi Arabia last week. A …

Macron urges Xi to offer ‘fair rules for all’ amid brewing trade spat – POLITICO

Macron urges Xi to offer ‘fair rules for all’ amid brewing trade spat – POLITICO

[ad_1] China has retaliated with its own anti-dumping investigation into European wine-based liquors, largely targeting France’s cognac producers. Xi, however, gave no indication whether he was going to offer any concessions to European demands upon his arrival at the Elysée Palace. He called on China and the EU to “remain partners” and “deepen their strategic communication” during his opening remarks ahead of the talks. Von der Leyen was more specific in her criticism of Beijing’s trade practices, saying that China’s “overcapacity” in certain economic areas, such as steel production and electric vehicles, led to “unsustainable unbalances.” The EU Commission president also threatened to “make full use of [the bloc’s] trade defense instruments” if necessary. “Europe will not waver from making tough decisions needed to protect its economies and security,” she said. In a break with the usual protocol of state visits, Xi’s official car stopped at the entrance of the Elysée Palace, compelling the French president to cross the courtyard to greet the Chinese president. Together they climbed the steps of the presidential palace, before …

Macron Puts Trade and Ukraine as Top Priorities as China’s Xi Opens European Visit in France

Macron Puts Trade and Ukraine as Top Priorities as China’s Xi Opens European Visit in France

[ad_1] PARIS (AP) — French President Emmanuel Macron put trade disputes and Ukraine-related diplomatic efforts on top of the agenda for talks Monday with Chinese President Xi Jinping, who arrived in France for a two-day state visit opening his European tour. In Paris, Xi first joined a meeting with Macron and European Commission President Ursula von der Leyen meant to address broader European Union concerns. The discussions will be closely watched from Washington, a month before President Joe Biden is expected to pay his own state visit to France. In his introductory remarks, Macron said the meeting would address trade issues and how to ensure “fair competition,” then the wars in Ukraine and the Middle East. France seeks to convince China to use its influence to move Russia toward ending the war in Ukraine. “We are at a turning point in our history” as the Europe-China relationship faces challenges, Macron said, adding that “the future of our continent will very clearly also depend on our ability to develop balanced relations with China.” At the start …