China says USA blaming Xi for blocking trade deal bogus and shocking
21 July, 2018, 20:43 | Author: Gerard Cortez
White House economic adviser Larry Kudlowsaid Wednesday that "there's no recession in sight" for the American economy and that President Donald Trump "is on the right track" with his economic agenda.
Director of the National Economic CouncilLarry Kudlow takes questions from reporters at the White House in Washington, U.S., June 27, 2018.
"As far as we know, President Xi at the moment does not wish to make a deal", White House National Economic Council Director Larry Kudlow said at the CNBC Institutional Investor Delivering Alpha conference in NY on Wednesday. Trump has also announced 10 percent tariffs on an additional $200 billion of Chinese products that could be imposed as early as next month.
In a televised interview on Wednesday, Kudlow blamed China for an impasse in trade negotiations, which began in response to the Trump administration's policy of unilaterally imposing tariffs to pressure China.
And Jonathan Gray, president and chief operating officer at $449 billion Blackstone Group LP (BX.N), said trade tensions, particularly with China, pose "risks for all of us as investors". The administration said that the tariffs were necessary to punish China for their theft of USA intellectual property and force the government to reform their economic practices.
"Don't blame Trump, blame China", he said. "We are waiting for him".
Trump, speaking to reporters at the White House, said that European Commission President Jean-Claude Juncker's visit will discuss vehicle tariffs, which he cited as "the big one" among U.S. -EU trade irritants. The ball is in his court.
Trump this month also leveraged steep tariffs against historic US allies including the European Union and Canada, as well as Mexico.
Mr. Kudlow suggested Beijing knows what it must do - knock down non-tariff barriers, further prevent IP theft and allow foreign firms to fully own their operations, as opposed to relying upon controversial Chinese joint-ventures.
Hamas deputy chief in Gaza Khalil Al-Hayya responded to the threat, saying the Palestinians would resist any Israeli aggression. Overnight Saturday, Hamas and Israel agreed to a ceasefire after five people including an Israeli soldier were killed Friday.
Sanchez accepted a 16-month suspended jail sentence in Spain earlier this year for tax fraud, which has led to the problem. It's since been confimed that his absence from the tour is due to legal issues whilst trying to obtain a visa.
Increasing Zionist movements cannot change the equation or impose a new reality or stop the Palestinian Great March of Return. Israel says the Islamist group is using the demonstrations as a cover to carry out attacks on Israeli border communities.
Workers in Spain are out on a three-day strike, meanwhile, while in Poland they are staging a work to rule, Verdi said. Hopefully, the website will be able to recover quickly so customers can enjoy the deals without frustration.
The Chicago Sun-Times says scuffles broke out between protesters and police officers holding batons who had cordoned off the area. Some threw rocks and bottles at police while one protester could be seen stomping on the hood of a police auto .
Putin unveiled the proposal in a joint press conference with Trump on Monday following their summit meeting in Helsinki, Finland . He said he still doesn't know what Trump discussed with Putin during the leaders' one-on-one meeting in Helsinki .
The accident happened on Table Rock Lake in Branson, a tourist area famous for country music shows and other entertainment. Rader said an off-duty sheriff's deputy working security for the boat company helped rescue people after the boat sank .
The retaliatory tariffs on up to a combined US$28.5 billion worth of U.S. exports are illegal under WTO rules, U.S. On Monday, China said that it filed a WTO challenge against those proposed USA tariffs.
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Novak Djokovic wins 4th Wimbledon title
Anderson was two sets to love up against Djokovic in the Wimbledon round of 16 back in 2015, but he won't on to lose that match. It was the first time in the Open era that both men's semifinals went past 6-all in the deciding set of a Grand Slam event.