Trade wars and deals

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NDPP

US Stages Another Provocation in the Taiwan Strait

https://www.wsws.org/en/articles/2019/03/26/taiw-m26.html

"The US sent two warships through the Taiwan Strait on Sunday only days before the opening of trade talks with China in Beijing. This deliberate provocation over Taiwan, China's most sensitive diplomatic issue, is a clear threat aimed at forcing the Chinese to accept a US-dictated trade deal..."

NDPP

China's European Moment Has Arrived

https://consortiumnews.com/2019/04/01/chinas-european-moment-has-arrived/

"It would be difficult to overstate the importance of Xi Jinping's visits to Rome, Paris and Monaco last week. In bringing his much-remarked Belt and Road Initiative to the center of Europe, the Chinese president has faced the Continent with  the most fundamental question it will have to resolve in coming decades: Where does it stand as a trans-Atlantic partner with the US and - as of Xi's European tour - the Western flank of the Eurasian landmass? The simplicities of the postwar order, to put the point another way, have began to pass into history.

There is ...mounting concern among EU members and senior officials in Brussels about China's emergence as a global power. This is natural, providing it does not tip into a contemporary version of the last century's Yellow Peril. At the same time, the Continent's leaders are highly resistant to the confrontational posture toward China that Washington urges upon them. This is the wisest course they could possibly choose..."

By contrast the weak and stupid American vassal Canada bends its knee to the wishes of warmongering Washington and utterly destroys virtually overnight the huge potential of a China-Canada relationship decades in the making. 

kropotkin1951 kropotkin1951's picture

Thanks NDPP for the link to the article that had a link to this document. The EU will continue to have major trade relations with China because their economies are already very entwined. I notice that none of the usual human rights shaming made it to the conclusions and in the body it was somewhat muted.

JOINT COMMUNICATION TO THE EUROPEAN PARLIAMENT, THE EUROPEAN COUNCIL AND THE COUNCIL

EU-China –A strategic outlook

I. Introduction

The European Union (EU) and China are linked by an enduring relationship. They are two of the three largest economies and traders in the world. China is now the EU's second-biggest trading partner behind the United States and the EU is China's biggest trading partner1. Both sides are committed to a comprehensive strategic partnership, as expressed in the EU-China 2020 Strategic Agenda for Cooperation.

...

VII. Conclusion

The Commission and the High Representative invite the European Council to endorse the following actions.

Action 1: The EU will strengthen the EU’s cooperation with China to meet common responsibilities across all three pillars of the United Nations, Human Rights, Peace and Security, and Development.

Action 2: In order to fight climate change more effectively, the EU calls on China to peak its emissions before 2030, in line with the goals of the Paris Agreement.

Action 3: The EU will deepen engagement with China on peace and security, building on the positive cooperation on the Joint Comprehensive Plan of Action for Iran.

Action 4: To preserve its interest in stability, sustainable economic development and good governance in partner countries, the EU will apply more robustly the existing bilateral agreements and financial instruments, and work with China to follow the same principles through the implementation of the EU Strategy on Connecting Europe and Asia.

Action 5: In order to achieve a more balanced and reciprocal economic relationship, the EU calls on China to deliver on existing joint EU-China commitments. This includes reforming the World Trade Organisation, in particular on subsidies and forced technology transfers, and concluding bilateral agreements on investment by 2020, on geographical indications swiftly, and on aviation safety in the coming weeks.

Action 6: To promote reciprocity and open up procurement opportunities in China, the European Parliament and the Council should adopt the International Procurement Instrument before the end of2019.

Action 7: To ensure that not only price but also high levels of labour and environmental standards are taken into account, the Commission will publish guidance by mid-2019 on the participation of foreign bidders and goods in the EU procurement market. The Commission, together with Member States, will conduct an overview of the implementation of the current framework to identify gaps before the end of 2019.

Action 8: To fully address the distortive effects of foreign state ownership and state financing in the internal market, the Commission will identify before the end of 2019 how to fill existing gaps in EU law.

Action 9: To safeguard against potential serious security implications for critical digital infrastructure, a common EU approach to the security of 5G networks is needed. To kickstart this, the European Commission will issue a Recommendation following the European Council.

Action 10: To detect and raise awareness of security risks posed by foreign investment in critical assets, technologies and infrastructure, Member States should ensure the swift, full and effective implementation of the Regulation on screening of foreign direct investment.

  https://ec.europa.eu/commission/sites/beta-political/files/communication...

NDPP

Yes, well...difficult to lecture China on human rights when you're letting refugees drown in the Medi.

NDPP

US Warships Sail Through Disputed South China Sea as Trump Prompts Trade War Escalation With Beijing

https://on.rt.com/9tr8

"...The move comes hours after US President Donald Trump announced he would hike American tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon. The threat was made amid faltering negotiations between Washington and Beijing to end a months-long trade war.

The South China Sea isn't the only waterway that has seen recent US activity. The White House announced on Monday that it would deploy the USS Abraham Lincoln Carrier Strike Group and a bomber task force to the Middle East, in an effort to 'send a clear and unmistakeable message to the Iranian regime."

With its servile Canadian satrapy pitching in whatever way it can - e.g. next BC court appearance for kidnapped Chinese Huawei executive Meng Wanzhou - May 8.

NorthReport

Trump 'messed up the clock' on USMCA, current form 'dead': former U.S. ambassador

https://www.ctvnews.ca/politics/trump-messed-up-the-clock-on-usmca-current-form-dead-former-u-s-ambassador-1.4407446

Pondering

I haven't read this thread at all but I first read the title as "Wars and Trade deals" which seems perfectly logical to me. Just odd. 

NDPP

China Trade War Hurts Investment Climate

https://youtu.be/ucXWu6OUPmA

"International investments will be affected if US China tensions are not resolved, according to European Commission President Jean Claude Juncker."

American vassals balk at cost of their enforced participation in US trade wars.

NDPP

China & Russia: Whoopin' Uncle Sam at his Own Game - Your Geopolitical Quiz for the Day

https://southfront.org/china-and-russia-whoopin-uncle-sam-at-his-own-game/

"Two countries are embroiled in a ferocious rivalry. One country's meteoric growth has put it on a path to become the world's biggest economic superpower while the other country appears to be slipping into irreversible decline. Which country will lead the world into the future...?"

NDPP

US Raises Tariffs on $200b Worth of Chinese Imports from 10% to 25%

https://on.rt.com/9tyf

"Washington has carried out the US president's latest threat, increasing import duties on $200 billion worth of Chinese goods. The hike will come into effect on May 10. The president stressed that Beijing is mistaken if it hopes to negotiate trade later with a Democratic presidential administration..."

 

The US-China Cold War Starts Now: What You Must Do To Prepare

https://www.chinalawblog.com/2019/05/the-us-china-cold-war-starts-now-wh...

"The United States is aggressively and unabashedly doing what it can to isolate China and to remove it from the world of international trade. The new free trade agreement between the US and Canada is further proof of this as it essentially blocks Canada and Mexico from engaging in free trade with China. Word is that shutting out China is going to become a regular thing in all new US trade agreements. Will the EU and Japan and Latin America play ball on this? I predict that most, if not all of them will..."

NDPP

Canadian Trade Delegation Presses US on Huawei, China Dispute: 'We're Taking A Hit For Them, Big Time'

https://globalnews.ca/news/5258659/canada-china-huawei-dispute-trump-tra...

"The chair of the House of Commons international trade committee wants the US to grasp the 'hit' their ally is taking over their dispute with China and Huawei. Liberal MP Mark Eyking, who is also the MP for the Cape Breton Island riding of Sydney-Victoria, said while the visit is primarily focused on the stalls facing ratification of the new NAFTA agreement, talks also discussed the fact that the Chinese trade talks seem to be overshadowing ratification and are having a big impact on Canada.

'So here again, little brother Canada, we're taking a hit for them big time, right and that's not only in our economy with canola, pork and various things, but we have Canadian citizens that are detained illegally and under a bad circumstance,' he said..."

Screwed again. It's hard being America's vassal.

NDPP

China Strikes Back

https://youtu.be/1HFHN06Nago

"President Trump tweeted that 'we are right where we want to be with China', on Sunday. But then China imposed $60 b in retaliatory tariffs. What the US-China trade war costs you..."

NDPP

'National Emergency': Trump Signs Executive Order Clearing Way To Ban Huawei From US Telecoms

https://on.rt.com/9uia

"US President Donald Trump has declared a national emergency over technology designed or produced by 'foreign adversaries', an act widely understood to target China's ZTE and Huawei in an effort to freeze them out of the 5G market.

'This is neither graceful nor fair,' Chinese Foreign Ministry spokesperson Geng Shuang said at a news briefing on Tuesday. 'We urge the US to stop citing security concerns as an excuse to unreasonably suppress Chinese companies..."

Not to mention Canadian steel and aluminum producing ones.

NDPP

If Steel and Aluminum Tariffs Are Ending Soon, Chrystia Freeland Isn't Saying So

https://www.cbc.ca/news/politics/freeland-seade-mnuchin-steel-tariffs-1....

"Foreign Affairs Minister Chrystia Freeland gave no hint today that the United States is set to lift steel and aluminum tariffs, even though Mexico's top trade representative is saying a deal for their country is imminent..."

The good news is that the new NAFTA surrender agreement is nowhere near to being ratified.

NDPP

Trump Issues Executive Order Directed At Huawei

https://www.wsws.org/en/articles/2019/05/16/usch-m16.html

"The latest US action is an escalation in what could well be described as a drive to 'weaponise' all arms of the state apparatus in the economic confrontation with China..."

NDPP

Propaganda Intensifies Trade War With China

https://t.co/0fZtfezM7m

"The dwindling empire's main propaganda outlets, the New York Times, continues its anti-China campaign. It is now blaming China's president for the failure of trade negotiations with the United States. So what really happened? As Ambassador Chas Freedom lays out at length, Trump's anti-China policy has no strategy. It is one of chaos and will have echoes in many fields..."

NDPP

Steel and Aluminum Tariffs Are Not the Only Problems With CUSMA: Ratification Should NOT Be Rushed

https://canadians.org/media/steel-and-aluminum-tariffs-are-not-only-prob...

"Earlier today, the US agreed to remove its unilateral steel and aluminum tariffs against Canada and Mexico. Many now feel that the Canada-United-States-Mexico Agreement (CUSMA) can now be ratified. Remember: Canada and Mexico have said that they would not ratify the agreement with these tariffs in place.

However, the Council of Canadians says that does not mean that Canada should proceed with ratifying CUSMA. With US progressives pushing for the deal to be reopened to address problematic provisions, like pharmaceutical market extensions, and enshrine enforceable environmental and labour provisions, the deal's ratification in the US Congress is threatened. Canadians would be foolhardy to approve this incomplete deal..."

Unfortunately they are and they will.

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