ST PETERSBURG (REUTERS) - Chinese President Xi Jinping on Friday (June 7) called US President Donald Trump his friend and said he believed the United States was not interested in rupturing economic ties with China. Speaking in the Russian city of St Petersburg at an economic forum, Xi said there were strong trade and investment connections between China and the United States. "It's hard to imagine a complete break of the United States from China or of China from the United States. We are not interested in this, and our American partners are not interested in this. President Trump is my friend and I am convinced he is also not interested in this," Xi said in Chinese, interpreted into Russian and then translated into English by Reuters. … [Read more...] about China’s Xi Jinping calls Donald Trump his friend
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Donald Trump’s Shocking insult to the Queen revisited
Donald Trump is an outspoken President to say the least, and some have wondered how and what he may say o do that may make his visit to the UK memorable or rather controversial. Apparently, newly-resurfaced reports reveal how he was accused of delivering a "mortal insult" to the Queen last year. Reportedly The US President and his wife, Melania Trump were in the UK for a three-day official state visit. The trip reportedly included a series of engagements, including a meeting with Prime Minister Theresa May and an invitation to Buckingham Palace from Her Majesty the Queen. This is the US President's second visit to the UK a working trip last summer that saw him push the boundaries of royal protocol on more than one occasion. In particular, according to a royal historian, there is one thing he did in front of the monarch that was equivalent to a "mortal insult." Donald Trump, the President of the United States reportedly turned his back on the Queen and then walked in front of her while … [Read more...] about Donald Trump’s Shocking insult to the Queen revisited
Debunking Donald Trump’s ‘rape by China’ rhetoric
Wherever Donald Trump campaigns, he tells his audience that China is “raping” (I honestly don’t have a clue why he uses such a word) the United States with a huge trade deficit while also stealing US jobs. Like father, like son, commentators from pro-Trump media such as Fox News and CNBC repeat the same irresponsible rhetoric when they talk about China’s trade policy. But let us look at the truth. In the late 1970s and ’80s, rising costs prompted many American companies to close down their manufacturing facilities and move overseas. At that time China was opening its door to foreign investments under Deng Xiaoping’s “Four Modernisations” plan. As a result, factories began mushrooming along the South China coast. American companies were able to utilise cheap Chinese labour and buy cheap imported items. Often the imported merchandise was marked up five to 10 times, creating a huge consumer-based domestic economy and flourishing retail … [Read more...] about Debunking Donald Trump’s ‘rape by China’ rhetoric
Donald Trump’s Game of Holes
How does Trump cheat? Let us count the ways: Trump doesn’t just cheat at golf. He cheats like a three-card Monte dealer. He throws it, boots it, and moves it. He lies about his lies. He fudges and foozles and fluffs. At Winged Foot where Trump is a member, the caddies got so used to seeing him kick his ball back onto the fairway they came up with a nickname for him: “Pele.” COMMANDER IN CHEAT: HOW GOLF EXPLAINS DONALD TRUMP Donald Trump, no big fan of Barack Obama, used to rant and rave about how much time the 44th US president spent golfing. Turns out Obama had nothing on Donald Trump. According to TrumpGolfCount.com, Trump has made 175 daytime visits to golf courses during his two-plus years as president, at an estimated cost to US taxpayers — including Secret Service and other travel expenses — of $99 million. That’s a lot of money to get in 18 holes regularly. Trump not only loves golfing, he loves to build golf courses and escape the … [Read more...] about Donald Trump’s Game of Holes
Canada was Donald Trump’s warm-up for China trade talks
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By Heather Scoffield Economics Columnist Tues., May 14, 2019 Playing chicken, gaslighting, and nasty, foreshadowing tweets — Canada’s experience with White House trade negotiations may be a distant memory now, but those recollections could prove useful during these days of U.S.-China brinksmanship. As markets oscillate wildly, lurching from tweet to tweet, Canada has been there, done that, and can perhaps take a less panicked view of the trade war that’s turning the global economy upside down. Of course, the U.S.-Canada relationship is different than the U. S-China relationship, but we were a dry run for the protectionist president. If there were a handbook on how Donald Trump’s White House handles trade negotiations, Canada’s experience would be a case study in many tactics. Some of the points the handbook would make: Playing chicken: Trump’s team has a penchant for issuing threats to win concessions. In the NAFTA talks, … [Read more...] about Canada was Donald Trump’s warm-up for China trade talks