Despite Current Tariffs, the US Can Expect a Trade Deficit of $410 Billion with China

Donald Trump, Xi Jinping

by Robert Romano   Last month, China reported growth of its economy in 2018 at 6.6 percent, the lowest in 28 years. The slowdown is real enough but whether it results in a grand trade deal by the U.S. and China may depend on how much pain China is really feeling…

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Security Adviser Bolton Vows Tougher Approach to China

Reuters   National security adviser John Bolton has vowed to further intensify the Trump administration’s tough approach to China, saying Beijing’s “behavior needs to be adjusted in the trade area, in the international, military and political areas.” Speaking in a radio interview on the Hugh Hewitt Show recorded Thursday and…

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Analysis: President Trump Uses the Power of Tariffs to Correct Unfair Chinese Trade Imbalances

President Donald Trump is levying 10 percent tariffs on $200 billion of Chinese goods shipped to the U.S., rising to 25 percent in Jan. 2019, coming atop a 25 percent tariff on $50 billion of goods from China. Trump has warned if China retaliates, another $267 billion of tariffs will follow. On…

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Alibaba Chief’s Next Move May Reveal a Chinese Gameplan

by Saibal Dasgupta   Alibaba chairman Jack Ma’s surprise announcement last week that he would step down as head of the world’s biggest e-commerce company, has sparked animated discussions on what would be his next career move and whether the Chinese government was behind the decision. Some analysts have suggested the…

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Senior CIA Official: China Threatens US Interests ‘Far More Significantly By Any Extreme’ Than The Russians

Xi Jinping, Vladimir Putin

by Ryan Pickrell   A senior CIA official warned of the dangers of China’s rise Friday, stressing that Beijing is determined to see China replace the U.S. as the world superpower. Arguing that China is fundamentally waging a “cold war” against the U.S., Deputy Assistant Director for the CIA’s East Asia…

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