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Trump Wants To Make A Post From China More Expensive

17Oct

By Eunice MontjoyNo Comments

Trump Wants To Make A Post From China More Expensive

Trump Wants to make a Post from China more Expensive. Donald Trump has reportedly invented something new to hit China in its trade dispute with the Asian country. According to reports, the US president plans to withdraw the United States from a 144-year-old postal treaty. This treaty specifies that Chinese companies can send small packages to the US at an advantageous rate. They say that the White House may already come with an official announcement on Wednesday. Earlier this week, Trump alluded to additional import duties on Chinese products in a television interview. The US has already set tariffs for a total of 190 billion pounds worth of Chinese goods in three different rounds. The idea of tackling this profitable postal treaty for China now falls well in parts of America...

Angela Merkel Warns Against The Outbreak Of Real Trade War

4Jul

By Alan LorenzNo Comments

Business, China, Germany, International, News, US

Angela Merkel Warns Against The Outbreak Of Real Trade War

Angela Merkel warns Against the Outbreak of real Trade War. German Chancellor Angela Merkel warns that a "real trade war" will arise if the US introduces additional import tariffs on European cars, reports The Greater. The German Chancellor does not yet want to speak of a "trade war", but calls it a "trade conflict", German media write Wednesday. "It is worth every effort to ensure that this dispute does not turn into a real war," said Merkel on Wednesday in the German Bundestag. The import tariffs on European cars are, according to her, "much more serious" than the previously added tax on imports of European steel and aluminium. According to the German Chancellor, the financial crisis shows that cooperation works better than unilateral measures. "The international financial c...

EU Fights Undermining Practices China To WTO

2Jun

By Alan LorenzNo Comments

Business, China, Europe, News, US

EU Fights Undermining Practices China To WTO

EU fights Undermining practices China to WTO: The EU is not only going to the World Trade Organization (WTO) to challenge unfair US trade practices. It also files a complaint about China, writes 99 News. The procedure is directly against Chinese legislation that would undermine the intellectual property rights of European companies. European companies are compelled to hand over the ownership or use of their technology to Chinese companies or joint ventures in China, according to EU Commissioner Cecilia Malmström (Trade). Probably they would deprive of the freedom of discussion, patents or trade secrets in contravention of WTO rules. The US has begun a similar procedure. "We can not allow a country to force our companies to transfer this hard-earned expertise to the border," Mal...

US Investigates Foreign Ailments Employee Consulate China

23May

By Alan LorenzNo Comments

Asia, China, International, News, US

US Investigates Foreign Ailments Employee Consulate China

US Investigates Foreign Ailments Employee Consulate China. US Secretary of State Mike Pompeo sent a medical team to China to investigate mysterious ailments of a government official. According to The Week News, the American would show signs of mild brain damage. The employee of the consulate in Guangzhou recently complained about annoying sounds and other inconveniences, such as an oppressive feeling. As far as we perceive, there are no complaints from others. The situation is reminiscent of the acoustic attacks on US embassy personnel in Cuba. Dozens of American diplomats and their relatives were recalled last year when they suffered from, among other things, hearing loss, headaches, dizziness and nausea. According to the US, Cuba carried out targeted attacks with inaudible sou...