China tries to ease fears that Beijing may target United States firms

06 Juillet, 2018, 10:48 | Auteur: Anatole Charbonneau
  • Chinese officials court EU nations to get allies in trade row with Trump – report

A few days ago, the U.S. President Donald Trump said that if Beijing will rebel to U.S. fees with further retaliation, he will be ready to set further tariffs which may hit up to $450 billion of Chinese products.

Asked on Thursday whether China would target US-funded businesses in China to counter United States restrictions on Chinese products, Chinese Ministry of Commerce spokesman Gao Feng said it was not part of Beijing's plan and, instead, China might compensate foreign businesses for losses from a trade war.

"An open trade war with the US, which now seems imminent, would put a damper on China's push to straighten up its economy and to increase its global economic and geopolitical influence", Prasad said.

"On July 6, the United States began to impose 25 percent tariffs on $34 billion worth of Chinese imports".

The ministry called the U.S. actions "a violation of world trade rules" and said that it had "initiated the largest-scale trade war in economic history".

China's President Xi Jinping speaks to media in front U.S. and Chinese national flags during a joint news conference with U.S. President Barack Obama (not pictured) at the Great Hall of the People in Beijing.

"All we can do is adjust our supply chain here depending on the size of the price increases". Beijing has pledged to retaliate with equal tariffs on $34 billion in US goods.

Washington imposed the new tariffs at midnight East Coast time, as Donald Trump had outlined in June.

"The U.S. has maintained hegemony in the military and financial fields for many decades".

China says it's "fully prepared" for a trade war with the United States if it kicks off in earnest on Friday.

When asked whether negotiations with the White House were ongoing, Lu said, "I can tell you, the U.S. is very clear about China's stance".

His company, which sells sauvignon blancs and zinfandels to distributors in China has lost a half-million dollars in orders since China slapped tariffs in April on $3 billion worth of US fruits, nuts and wine. "The marked increase in new trade restrictive measures among G20 economies should be of real concern to the global community", Mr. Azevedo said, adding that more restrictions had been put in place in the weeks after the period under review ended. China, whose economy has grown tenfold since it joined the World Trade Organization in 2001, poses a much more formidable adversary.

‘I have absolute respect for referees’: Maradona apologizes for ‘unacceptable’ comments
In the end, Kane scored his penalty before Yerry Mina grabbed a last-gasp equaliser for Colombia in stoppage time. I apologize to the Colombian people, but the players are not to blame as we don't choose the referees.

Reese Witherspoon craque pour Kylian Mbappé
Sur Twitter, l'actrice américaine a laissé un message à Kylian Mbappé , le félicitant pour son engagement auprès d'associations. Si la France et l'Europe sont maintenant habituées à ses performances précoces, ce n'est pas le cas du reste du monde.

Medicals due for Jorginho and Mahrez after bids accepted
The 2015-16 PFA Players' Player of the Year was not due to return to pre-season training with Leicester for another fortnight. Mahrez joined Leicester City in 2014 from French side Le Havre for a fee believed to be in the region of £400,000.

Chinese buying of soybeans has already ground nearly to a halt ahead of the duties.

"We want more trade, more business, more investment to be done".

"Combining this with China's promise to retaliate against USA products and agricultural commodities only further erodes the benefits of last year's tax reform, hurting the entire US economy", Slater said.

Beijing has vowed to respond immediately with an equal amount of tariffs of its own against USA autos, agricultural and other products.

"There should be no doubting Beijing's resolve", the newspaper said.

Adding to the tensions, a Chinese court this week temporarily barred Micron Technology Inc (MU.O) from selling its main semiconductor products in the world's biggest memory chip market, citing violation of patents held by Taiwan's United Microelectronics Corp (UMC) (2303.TW).

Chinese stocks have taken a beating in recent weeks, entering a bear market, as concerns about the trade-war have mingled with worries about how an ongoing debt-control campaign will feed through into the outlook for economic growth. Thus they believed that the chances of the administration actually implementing a protectionist trade policy would be low.

Beijing has made the semiconductor sector a key priority under its "Made in China 2025" strategy, which has shifted up a gear after a USA ban on sales to Chinese phone maker ZTE Corp underscored China's lack of domestic chips.

There was no evidence of last-minute negotiations between US and Chinese officials, business sources in Washington and Beijing said.

A senior Western diplomat told Reuters that there was no sign of any talks at the moment between the two countries, even via back channels.

Trump and his advisers argue the tariffs are necessary to pressure China into abandoning unfair practices such as stealing intellectual property and forcing American companies to hand over valuable technology.

Conseillé:

  • Washington blocks China Mobile from USA  market

    Washington blocks China Mobile from USA market

    The company wasn't seeking to offer mobile services directly to United States customers, according to the USA filing. China Mobile is a Chinese state-owned telecommunications company and also the largest telecoms carrier in the world.
    UK Govt Outlines New Initiative for LGBT Communities

    UK Govt Outlines New Initiative for LGBT Communities

    Prime Minister Theresa May has voiced her support, saying "nobody should ever have to hide who they are". People identifying as transgender accounted for 13% of respondents.
    Trump Interviews 7 Supreme Court Candidates, Including Mike Lee

    Trump Interviews 7 Supreme Court Candidates, Including Mike Lee

    He has not yet publicly indicated that he has narrowed the list and could still consider others in the mix. "Mike Lee. Both senators supported all three of Trump's reported finalists when they were nominated as circuit court judges.
  • American Nightmare: La saga de films d'horreur va devenir une série !

    American Nightmare: La saga de films d'horreur va devenir une série !

    Si vous aimez les films " American Nightmare ", vous allez vous réjouir de cette nouvelle! La purge est de retour dans une série de 10 épisodes.
    Legendary Set To Produce Live-Action Gundam Film

    Legendary Set To Produce Live-Action Gundam Film

    Sunrise's franchise, created in 1979, includes an anime TV series, manga, animated films, video games, plastic models, toys and novels.
    EPA administrator Scott Pruitt resigns

    EPA administrator Scott Pruitt resigns

    The Environmental Working Group called Pruitt "unquestionably the worst head of the agency in its 48-year history". The Senate confirmed Wheeler as deputy in April in a 53-45 vote, with the support of three Democratic senators.
  • Black State Rep. Says Someone Called Cops On Her While Canvassing

    Black State Rep. Says Someone Called Cops On Her While Canvassing

    Law&Crime reached out to the Clackamas County Sheriff's Office but no response was forthcoming at the time of publication. The woman, who was not identified, had already left the neighborhood. "We talked and she did apologize", Bynum wrote.
    Addressing groping allegations, PM ’confident’ he did nothing inappropriate

    Addressing groping allegations, PM ’confident’ he did nothing inappropriate

    The Prime Minister has made feminism an important piece of his political brand since coming to office nearly three years ago. Trudeau's father, Pierre, served as PM between 1968-1979 and 1980-1984, and he died in September 2000.
    Nadal Hopes ' Good Result' Ahead of Wimbledon

    Nadal Hopes ' Good Result' Ahead of Wimbledon

    To that, Federer replied, "Yes, they want a watch, a auto , a racket, a shirt, they can have it all at this point", Federer said . As easy as the match was, it marked a landmark of sorts given it was Federer's first since the end of his sponsorship with Nike.
  • Edition du soir Ouest France

    Qui est aussi, comme le mentionne "Ouest France", critiqué pour ses "postures avachies" et ses "commentaires paresseux nous faisant croire qu'il nous accorde une faveur".
    Jose Mourinho tells friends he likes Liverpool target Xherdan Shaqiri

    Jose Mourinho tells friends he likes Liverpool target Xherdan Shaqiri

    Secondly, and most importantly, Shaqiri drove Stoke fans mad with his indecision in the final third and poor work rate last season.
    World Cup Superstar's Mum Confirms Chelsea Talks

    World Cup Superstar's Mum Confirms Chelsea Talks

    Maurizio Sarri will be announced as Chelsea's new manager at the start of next week, reports say. And the irony lies in the fact that it was under Sarri that Napoli wanted Golovin at Naples.


Populaire

James Woods' agent dumped him for the most hilarious reason
The most recent credit for the 71-year-old Woods is a voiceover for the animated series " Justice League Action ". Kaplan now represents more than 30 other actors, including Winona Ryder and Kristen Stewart.

Dad mauled to death by polar bear while protecting kids
John Main, Nunavut MLA for Arviat North-Whale Cove, said the risks posed by polar bears have become a "fact of life" for Arviat. Arviat is considered to be in the range of the Western Hudson Bay polar bear population, estimated in 2016 to number about 840.

" Laurent Delahousse n’est pas un mec bien " — Qui a dit
Pour l'animateur de Vivement Dimanche , Laurent Delahousse est même " le ballon d'or de la discipline ". Le créneau était auparavant occupé par Michel Drucker avec son émission " Vivement dimanche prochain ".

Dozens missing after tourist boat capsizes off Thailand
Collated reports at midnight said 53 people are missing in the rough waters that overturned their boat. Governor Norraphat Plodthong said 48 passengers were rescued from the boat, with 49 unaccounted for.

Shah Rukh Khan recreates this famous scene of his with AbRam
A source informed the daily, "During the long schedule in New York, SRK had to shoot for a sequence under water". Aanand L Rai's directorial Zero has been gaining a lot of love from the audiences already.

MoviePass surge pricing is here: $2 to $6 extra at peak times
MoviePass is still clinging to life , but the movie ticket subscription service certainly isn't making things easy on themselves. In the coming weeks, MoviePass says it will begin offering a Peak Pass that will let users waive one Peak Pricing fee per month.

Pourquoi Angela Merkel n'est pas encore totalement tirée d'affaire — Crise migratoire
L'un des proches du ministre de l'Intérieur, Markus Blume, a d'ailleurs parlé d'un "tournant de la politique d'asile" allemande. Mais le SPD avait réservé son accord, laissant planer la menace d'une fin prématurée de la coalition en place depuis mars.

Dozens missing after Thai tourist boat overturns in wild weather
The island of Phuket - known for its beaches and luxurious resorts - is one of Thailand's most popular tourist destinations. Another two boats, including a yacht carrying 39 people, also capsized but its passengers have been brought to safety.

Tupac murder suspect's TV confession prompts calls for probe
Keefe D confessed to being in the vehicle with the shooter, but refused to name them due to "street code". And I have nothing else to lose.

33 heat-related deaths reported in Quebec
In Montreal, the city's fire and police departments visited 15,000 homes to check on residents throughout the week. Canadian health officials now say 33 people have died in Quebec from heat-related complications.