User: newstrust Topic: Business
Category: Global Economy :: China and Global Economy
1 new since May 27 2017 10:06 IST RSS 2.0
 
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Trump 'evolving' on climate action, pressured by Europeans 27.5.2017 Salt Lake Tribune
Taormina, Italy • Forceful face-to-face talks this week with fellow world leaders left President Donald Trump “more knowledgeable” and with “evolving” views about the global climate accord he’s threatened to abandon, a top White House official said Friday. Trump also was impressed by their arguments about how crucial U.S. leadership is in supporting international efforts. The president’s new apparent openness to staying in the landmark Paris climate pact came amid a determined pressure campaign ... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Trump favors personal connections in his foreign policy 27.5.2017 LA Times: Nation

By the time President Trump sat down with the leaders of the world’s other industrialized powers at a former monastery here Friday, he already had met and spent time with each individually. The mood around the circular table was one of a “family dinner,” the White House said, with discussions ranging...

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Maine's latest fishing frenzy is going for $1,200 a pound — and it's not lobster 27.5.2017 LA Times: Nation

It is just past midnight, rain clouds stalking a full moon, and Julie Keene, a 57-year-old grandmother, is out on a muddy riverbank in thigh-high rubber boots and a camouflage jacket, a headlamp strapped over her hair.

As she wrestles with an oversize fishing net, Keene tells how she went from...

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Trump wants to cut bilateral trade deals, but what if nobody comes to the table? 27.5.2017 LA Times: Business

In his first swing through Europe as president, Donald Trump left little doubt that he would pursue his “America First” policy in economic relations, creating a stir by denouncing Germany’s trade surplus with the U.S. and promising to end it.

"The Germans are bad, very bad,” Trump was quoted as...

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Utah exports hit $3 billion milestone in first quarter of 2017 27.5.2017 Salt Lake Tribune
Utah exports hit the $3 billion mark in the first quarter of 2017 — a milestone number, even though it represented just a 1.66 percent increase over the same period a year earlier. A 100 percent increase in the value of products sent to Hong Kong made that capitalist island off the coast of communist China the state’s leading trading partner, followed by the United Kingdom, Canada, China itself and Mexico. “Utah is a trade surplus state,” said World Trade Center Utah Executive Director Derek Mil... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
White House officials deliver a series of contradictory messages on Trump’s top priorities 27.5.2017 Washington Post
Competing testimony this week from White House Budget chief Mick Mulvaney and Treasury Secretary Steven Mnuchin fits a pattern of confusing and often opposing economic pronouncements emerging from a White House that has struggled to translate thematic campaign promises into concrete economic policies.
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Trump’s Behavior in Europe Has Made the World Cringe. Here’s What’s Really on the Line at the G7. 26.5.2017 Mother Jones
One year ago Friday, when speaking on a campaign stop in North Dakota, Donald Trump declared he’d “cancel” the Paris climate agreement within 100 days of his presidency, framing it as a "bad deal" that undermines domestic interests. The 100 days have passed, but his unfulfilled pledge hangs over the G7 meeting in Italy. Trump has already appeared to push a NATO leader aside in Brussels and caused a diplomatic scuffle in Italy after accusing Germany of being "very bad" on trade. But his decision on Paris is far more significant, especially in terms of the response of the 195 signers of the 2015 agreement. The question is whether the rest of the world sinks to the low bar that Trump has set, and the G7 is the first key test. On the one hand, Trump's resistance may force the G7 to downgrade its climate ambitions and show how US denial is already taking its toll on the global stage. On the other, a G7 that reaffirms Paris goals would demonstrate that the rest of the world won't be dragged down by America's ...
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‘India, China differences in RCEP offer opportunities for U.S.’ 26.5.2017 Hindu: International
The differences between India and China inside the Regional Comprehensive Economic Partnership (RCEP) offer opportunities for the United States, which has withdrawn itself from the 12-nation Trans Pa...
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G-7 leaders seek common ground after seismic shifts 26.5.2017 AP Business
TAORMINA, Sicily (AP) -- Not only have many of the faces changed at this year&apos;s Group of Seven summit of leading wealthy democracies, but also many national positions....
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The Pitfalls of "Buy American" 25.5.2017 Truthout.com
Backed by a huge banner reading "Buy American -- Hire American," President Trump declared in March that his administration would make the US the "car capital of the world" again. "For decades, I have raised the alarm over unfair foreign trade practices that have robbed communities of their wealth and robbed our people of their ability to provide for their families," Trump said. "They've stolen our jobs, they've stolen our companies, and our politicians sat back and watched, hopeless. Not anymore." Who is "they"? Based on the president's previous comments, two safe guesses are Mexico and China. Since the inauguration he has been pushing to restrict trade and immigration. Meanwhile Auto Workers (UAW) President Dennis Williams has announced that his union will launch a new "Buy American" campaign. US history has seen at least three waves of "Buy American" fervor. Chris Brooks interviewed Dana Frank, history professor at the University of California, Santa Cruz, and author of  Buy American: The Untold Story ...
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China says new Silk Road not about military ambitions 25.5.2017 Hindu: International
China’s ambition to build a new Silk Road is not about seeking to expand its military role abroad nor about seeking to set up foreign bases, the Defence Ministry said on Thursday.The new Silk Road, f...
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Even Harley-Davidson can’t resist the tug of overseas factories 25.5.2017 SFGate: Business & Technology
Made in America, Harley-Davidson, Trump said to the company’s leather-clad top executives in February as five of its motorcycles rumbled on the White House lawn. Harley-Davidson, a symbol of American style and know-how, serves as a strong example of the nuanced economic realities that are pushing U.S. companies to lay off workers at home and set up factories overseas. Yet global trade barriers and proximity to a growing base of new customers also play roles, complexities inherent in Trump’s ambition to overhaul trade policy. “Why couldn’t we build them in the U.S. and export them?” asked Leo Gerard, international president of the United Steelworkers, which represents Harley-Davidson workers at plants in Wisconsin and Missouri. “It’s a slap in the face to the U.S. workers who built an American icon,” said Robert Martinez Jr., the international president of the International Association of Machinists and Aerospace Workers. Harley-Davidson argues that steep trade barriers in a high-growth market, not a ...
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On JFK’s 100th birthday, Trump repudiates his legacy 25.5.2017 Washington Post
On JFK’s 100th birthday, Trump repudiates his legacy
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Baahubali 2 box office collection Day 27: Will SS Rajamouli’s film continue to keep its hold? 24.5.2017 Entertainment – The Indian Express
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CPEC may fuel Indo-Pak tension: UN report 24.5.2017 New Kerala: World News
CPEC may fuel Indo-Pak tension: UN report
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China says it hasn’t imported any coal from North Korea for two months 23.5.2017 Washington Post: World
But is Beijing really cracking down on Kim Jong Un’s regime after recent missile tests?
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Baahubali 2 box office collection day 26: Is SS Rajamouli film’s China release a threat to Aamir Khan’s Dangal? 23.5.2017 Bollywood – The Indian Express
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The Latest: Senate confirms Iowa governor as China envoy 23.5.2017 AP Politics
WASHINGTON (AP) -- The Latest on the Senate vote on China ambassador (all times local):...
Trump reveals that his trade deficit fetish is nonsense 22.5.2017 Washington Post: Op-Eds
Trump reveals that his trade deficit fetish is nonsense
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Bitcoin hits $2,000 trading high point 22.5.2017 BBC: Technology
The virtual currency is proving popular but rival crypto-cash systems are catching up fast.
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