The USTR published on Friday a list of Chinese goods subject to additional Tariffs. The “punitive tariffs” on about $50 billion of Chinese products will burden the world’s two largest economies, China and US.
Backed with American superpower, the Trump Administration went against its words and continued its unfair and unjust trade actions. Unfortunately, it’s reckless actions will only burden the economy of the two countries and hurt the global economy.
The historic Kim-Trump summit in Singapore on Tuesday has attracted worldwide attention. But the top-down start would really need multi-party support if the commitments of the communiqué are to be realized.
China and the US, the world’s two biggest economic entities, had a third round of trade consultation on June 2-3.
American missile destroyer “Higgins” and guided missile cruiser “Antietam” sailed into waters within 12 nautical miles from the Xisha Islands on May 27, and the US declared that it would conduct maneuvers in waters around Zhongjian Island and Yongxing Island.
Regardless of the current political climate between China and the US, one thing that is unlikely to be hampered is the growth of cultural exchanges between the two countries.
Decline seems to be inevitable for us mortal beings and nearly everything that we are a part of. Empire and global hegemony, as we now know, are no exceptions.
Each word as written into the statement was weighed by the two sides to best reflect their respective perspectives on the agreements achieved.
Recently, a small number of politicians and the media in the U.S. are making up the same trick, claiming alarmingly that China has expanded its military capabilities in the South China Sea and engaged in “militarization.”
This year is special, for the world as well as China and the US. I think it is necessary to reassess the change in US power in the past 10 years and the historical experiences of the development of China-US relations in the last four decades.
As the Sino-US battle gears up, Latin America is quickly becoming one of the affected areas. In response to the new international environment, Latin America must adapt its long-term passive approach in the US-Latin America relationship and look to follow a favorable development path. This adjustment will create new opportunities for Sino-Latin American trade.
There has been heated debate over whether the China-Australia relationship is becoming strained. Australian PM tried to play down this concern by insisting that the relationship is robust, but received criticism from business leaders and universities.
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