Tag: Washington

• Wednesday, September 26th 2018 - 09:11 UTC

  Conciliatory message from Beijing to the Trump administration as bitter trade war increases

  

  China and the United States can compete but should not view each other with a Cold War mentality and should avoid falling into a zero-sum game trap, the Chinese government's top diplomat said, amid deteriorating ties between the superpowers.

• Monday, September 24th 2018 - 09:05 UTC

  Iran blames US for terrorist attack; “look at the mirror” replies ambassador Nikki Haley

  

  The US ambassador to the United Nations has dismissed Iran's assertion that Washington and its Gulf allies are to blame for a deadly attack at a military parade and says Tehran should look closer to home. Before leaving for the United Nations on Sunday, Iranian President Hassan Rouhani accused other countries, including the US, of provoking the attack killed 25 people and wounded 60 on Saturday.

• Friday, September 21st 2018 - 08:31 UTC

  Argentina/IMF making “important progress” on reforms for loan package, but no specific timeline

  

  Argentina's budget proposal submitted this week is a key element in the reforms needed for a new loan package for the crisis-hit country, an International Monetary Fund spokesman said Thursday.

• Thursday, September 20th 2018 - 08:42 UTC

  WTO deeply concerned with US/China trade dispute: both sides have “significant” ammunition

  

  The trade dispute between the United States and China could well expand into other areas given the significant “ammunition” the two countries have, the director-general of the World Trade Organization (WTO) said on Wednesday.

• Friday, September 14th 2018 - 08:42 UTC

  US comes out strongly in support of Taipei in its influence policy dispute with Beijing

  

  The State Department announced last week that it would temporarily recall U.S. ambassadors to the Dominican Republic, El Salvador and Panama for consultations in Washington. The meetings will focus on recent decisions by Latin American countries to no longer recognize Taiwan and ways the U.S. can “support strong. independent, democratic institutions and economies throughout Central America and the Caribbean”

• Thursday, September 6th 2018 - 08:40 UTC

  IMF receptive to Argentina's request, but now Macri must implement the hard austerity program

  

  Argentina’s economy minister sounded upbeat on Wednesday about clinching a new deal with the International Monetary Fund after two days of talks in Washington, and said had sought U.S. support for securing approval from the IMF’s board.

• Thursday, August 23rd 2018 - 08:21 UTC

  Despite trade talks, US and China will impose fresh tariffs beginning Thursday

  

  United States and China are expected to impose fresh tariffs on US$ 16bn of each other's goods on Thursday as their tit-for-tat trade war rages on. The second round of tariffs will see a total of US$ 50bn worth of goods from each side that will now be taxed. Since the opening salvo in July, tensions between the world's two largest economies have escalated, hurting their companies and economies.

• Tuesday, July 17th 2018 - 09:24 UTC

  China's growth declines in second quarter; expanding government debt trims Beijing's credit rating

  

  China's economic growth slowed in the quarter ending in June, adding to challenges for Beijing amid a mounting tariff battle with Washington. The world's second-largest economy expanded by 6.7%, down from the previous quarter's 6.8%, the government reported Monday.

• Friday, July 6th 2018 - 08:24 UTC

  US EPA chief steps down following numerous scandals and ethics violations

  

  United States Embattled Environmental Protection Agency chief Scott Pruitt has resigned after fighting numerous scandals and alleged ethics violations. “The unrelenting attacks on me personally, my family, are unprecedented and have taken a sizable toll on all of us,” Pruitt wrote in his resignation letter to President Donald Trump on Thursday.

• Friday, June 22nd 2018 - 08:57 UTC

  US/China trade dispute: Beijing says US suffers of a “symptom of paranoid delusions”

  

  U.S. protectionism is self-defeating and a “symptom of paranoid delusions” that must not distract China from its path to modernization, Chinese state media said on Friday. China has stepped up its war of words with the United States since President Donald Trump threatened on Monday to hit US$ 200 billion of Chinese imports with 10% tariffs if China retaliates against his previous targeting of US$ 50 billion in imports.