Tag: Donald Trump

• Monday, June 18th 2018 - 08:30 UTC

  China forced to fight back with reciprocal tariffs

  

  The following editorial on the current US/China trade war was published by the official news agency Xinhua,

• Saturday, June 16th 2018 - 11:22 UTC

  Denuclearization or mutual deterrence in the Korean peninsula?

  

  If the Singapore meeting between Donald Trump and Kim Jong Un had been a zero-sum game, then Trump definitely lost. But maybe it wasn't. Kim got a meeting with Trump on terms of strict equality right down to the number of flags on display, which is a huge boost for his regime's claim to legitimacy.

• Friday, June 15th 2018 - 10:55 UTC

  Markets waiting for Trump's announcement on US$ 50bn tariffs against China

  

  Asian shares wobbled on Friday as investors braced for U.S. tariffs against China, while the Euro flirted with two-week lows after a cautious European Central Bank indicated it would not raise interest rates for some time. U.S. President Donald Trump has made up his mind to impose “pretty significant” tariffs and will unveil a list targeting US$ 50 billion of Chinese goods on Friday, an administration official said. Beijing has warned that it was ready to respond.

• Friday, June 15th 2018 - 10:25 UTC

  IMF report warns Trump administration on trade, tariffs and budget deficits

  

  The International Monetary Fund said on Thursday that tax cuts will help fuel the U.S. economy this year and next. But it warned that growth after that will slide to levels just half of what the Trump administration is forecasting.

• Friday, June 15th 2018 - 06:25 UTC

  'Brexit leaves UK isolated from allies and begging for trade deals with ex colonies'

  

  Britain will be left a “mangy old lion” as a result of Brexit, isolated from its allies and reduced to begging for trade deals from one-time colonies, a former Foreign Office minister is warning. Lord Malloch-Brown, who chairs the Best for Britain campaign for a second referendum, said that the UK’s loss of influence was exposed at last week’s G7 summit, where Theresa May was left a “spectator” to a clash between the US, Canada and the EU.

• Thursday, June 14th 2018 - 08:59 UTC

  Pompeo sets terms of Trump/Kim accord: no lifting of sanctions until complete denuclearization

  

  North Korea will not see any economic sanctions lifted until it has demonstrated “complete denuclearisation”, US Secretary of State Mike Pompeo has said. Pompeo was speaking at a press conference in Seoul with his South Korean and Japanese counterparts.

• Thursday, June 14th 2018 - 08:23 UTC

  Miami media says US$ 800 million in assets of Diosdado Cabello frozen in the US, but he flatly denies the version

  

  The U.S. government has frozen about US$ 800 million in assets from senior Venezuelan leader Diosdado Cabello Miami journalist Oscar Haza reported Tuesday during his morning radio show on Miami’s Spanish-language Zeta 92.3.

• Wednesday, June 13th 2018 - 08:19 UTC

  Nike leaves Iran football national team without boots fearing US sanctions

  

  Sportswear giant Nike says it has withdrawn its supply of boots to Iranian footballers ahead of the World Cup because of new US sanctions. The decision has frustrated Iranian players and head coach Carlos Queiroz, who asked FIFA to “help” his players.

• Wednesday, June 13th 2018 - 08:11 UTC

  Trump lobbies strongly to have North America host the 2026 World Cup

  

  In the spirit of Russia and the 2018 World Cup, US President Donald Trump reportedly penned three letters to FIFA to assuage travel concerns related to the 2026 World Cup bid. The letters, first reported by the New York Times, are meant to clear up concerns about entry to the U.S. for players and officials.

• Tuesday, June 12th 2018 - 08:52 UTC

  Decisive debates in Commons for Theresa May and Brexit

  

  UK prime minsiter Theresa May has appealed to Tory rebels not to undermine her negotiating position with the EU by backing amendments to Brexit legislation made by the Lords. Addressing a meeting of the backbench 1922 committee on Monday ahead of a series of crunch Commons votes, the Prime Minister told MPs to consider the signal that would be sent to Brussels if the Government was defeated.