giftedviz.com
giftedviz.com November 23, 2017


Trump White House to look into China's trade practices

12 August 2017, 10:09 | Darnell Patrick

GETTYThe White House insists Presidents Trump and Xi are still"extremely close despite the trade gap

GETTYThe White House insists Presidents Trump and Xi are still

President Donald Trump on Monday will order his top trade adviser to determine whether to investigate Chinese trade practices that force USA firms operating in China to turn over intellectual property, senior administration officials said on Saturday. If so, Lighthizer would have "broad powers" to seek remedial action.

An editorial in the Communist Party tabloid Global Times says "Beijing is not able to persuade Washington or Pyongyang to back down at this time". Trump suggested that if China helped rein in North Korea, which is reliant on Beijing's economic and security aid, he could lighten up on his attacks on Chinese trade practices, which were a mainstay of his election campaign. If approved, the investigation is expected to take as much as a year, officials said.

Michael Wessel, a commissioner on the U.S.

Trump's threat to investigate China's intellectual property and trade practices is valid, but his administration may not be up to the delicate task of carrying out a new China probe without sparking a damaging trade war, U.S. business lobbyists said last week.

Trump will direct U.S. Trade Representative Robert Lighthizer to determine if an investigation is warranted of "any of China's laws, policies, practices or actions that may be unreasonable or discriminatory, and that may be harming American intellectual property, innovation and technology", the official said. -China Economic and Security Review Commission, a bipartisan group created by Congress in 2000 to monitor trade and security issues between the world's two largest economies.

Political tensions continue to weigh on world stocks
Avis Budget Group slumped 9.9 percent after the vehicle rental company cut its guidance following a weak second quarter. Investors instead turned to safe-haven assets such as gold , pushing it to a two-month high, and the Japanese yen rose.


ECP rejects Imran Khan's petition against contempt proceedings
Khan had filed the review application against the EC's order to produce the PTI's financial documents before the commission. The ECP had issued the contempt notice to Khan on January 24 over his "scandalous remarks" about the commission.


Real Madrid wouldn't sell Ronaldo for his weight in gold, says Perez
Following what was his third Super Cup defeat as a manager, Mourinho gave his loser's medal to a child in the crowd. Yet United's starting XI cost €417 million (S$667 million), compared to Real's €273 million.


Next week the United States is scheduled to embark on its first round of renegotiations of the North American Free Trade Agreement. The Trump administration was expected to move directly into the investigation, so the memorandum reflects the more measured approach the administration also appears to be taking with steel and aluminum. Meanwhile, 100 days of trade talks with the Chinese carried out in past months resulted in a few trade gains but not the ambitious changes the administration had hoped for.

"We lose hundreds of billions of dollars a year on trade with China".

President Trump is planning to ask his staff to consider investigating Chinese trade practices, senior White House officials said Saturday. Though widely used worldwide, the WTO process is viewed unfavorably by the Trump administration. The technology sector has been especially hard-hit in intellectual property disputes. That initiative sets forth a long-term plan for China's dominance in a wide variety of high-tech industries, including electric vehicles, advanced medial products and robotics.

Kennedy of CSIS says business leaders express a range of opinions, depending on how much they discrimination they face in China and how key Chinese profits are to their business.

The administration has been eyeing other moves to rebalance the U.S. "I've heard folks say, 'It's not going well, but a trade war would not be the best thing for us, dialogue is the better path.' And there are others who say, 'Bring it on, '" he said.



Other News

Trending Now

NASA to study Earth's ionosphere during total August 21 solar eclipse
Saturday, Aug. 19 - Calvert City's location will have eclipse stations and activities going on throughout the day. If you've already ordered glasses online, it might be a good idea to check when they're supposed to be delivered.

Dustin Pedroia heads back to the disabled list
After starting at DH for one game, Pedroia's knee issues cropped back up and he has not played since. Boston recalled Robby Scott from Triple-A Pawtucket in response to Pedroia's return to DL.

Mattis: North Korea diplomacy working despite Trump threats
BEN CARDIN: No, I don't think we accept North Korea having a nuclear weapon capacity that violates worldwide protocols. As with seen perhaps most notably at a CNN debate in 2015, when conservative talk radio host Hugh Hewitt asked Mr.

PCB recalls players from CPL, county cricket assignments
The returning players have been asked to report to the National Cricket Academy for fitness and medical tests under Arthur's supervision on August 22.

Red Wings denounce use of logo during demonstration, threaten legal action
Among the white-power supporters is an anti-immigrant group called the Detroit Right Wings, which has co-opted a pretty familiar-looking logo.

S&P 500, Nasdaq, Dow Fell Lower on August 10 amid Global Tensions
The euro, which hit its highest since the start of 2015 on August 2, dipped 0.1 percent to $1.1761 in morning trade in Europe. On the London stock market, mining shares saw the biggest falls as many metal prices were hit by the geopolitical concerns.

Group 1 Automotive (GPI) Getting Somewhat Positive Press Coverage, Analysis Finds
Moreover, Thompson Siegel And Walmsley Limited Liability Company has 0.02% invested in Home Depot Inc (NYSE:HD) for 12,593 shares. Fiduciary Management Inc /wi/ bought 15,090 shares in the previous quarter increasing its stake in Penske Automotive Group, Inc.

Survey Reveals Best Time of Day To Have Sex
Studies have found that strength is at a low point in the morning and gradually climbs until it peaks in the early evening. Four out of ten respondents (39 per cent) said that mid-afternoon was when they were most likely to break a diet.

Jamie Carragher insists signing Virgil van Dijk won't solve Liverpool's defensive woes
Stefano Okaka scored with a header at the near-post, after drifting between Liverpool players Roberto Firmino and Joel Matip . What have they done? "There are a lot of players at Arsenal , there's more talk of players going out than coming in".

Soldier, woman killed in Pak troops firing, shelling in Poonch
Till August 1 this year, there have been 285 instances of ceasefire violation by the Pakistani forces. The cross-border firing often leads to the deaths of soldiers and civilians on either side.