WASHINGTON -- Washington and Beijing are working to revive pivotal talks aimed at ending the trade war that has roiled world markets, Donald Trump's chief economic advisor said Sunday. If calls between both sides' deputies pan out in the next 10 days "and we can have a substantive renewal of negotiations," Larry Kudlow said on "Fox News Sunday," "then we are planning to have China come to the USA and meet with our principals to continue the negotiations." The US president himself weighed in on Twitter, saying, "We are doing very well with China, and talking!" In another tweet, he added that the US economy was "poised for big growth after trade deals are completed," and that China is "eating Tariffs." Yet it was unclear whether a Chinese delegation would be coming to Washington next month, as a White House spokesperson predicted in July after US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin left a round of trade talks in Shanghai. Kudlow nonetheless … [Read more...] about US and China seeking to revive trade talks: Trump adviser
Raising hope fox
Trump to raise Hong Kong protests with Xi at G20: Pompeo
WASHINGTON: US President Donald Trump will discuss the mass protests in Hong Kong with his Chinese counterpart Xi Jinping at the upcoming G20 summit, Secretary of State Mike Pompeo said Sunday (Jun 16)."I think we'll get the opportunity to see President Xi in just a couple weeks now at the G20 summit. I'm sure this will be among the issues that they discuss," Pompeo said in an interview with Fox News Sunday."We see what's happening, what's unfolding in Hong Kong. We are watching the people of Hong Kong speak about the things they value," Pompeo added.Trump said last week he hoped the protesters - who have taken to the streets to denounce a controversial extradition law - would "work it out" with China, while stopping short of condemning the legislation which has now been suspended.Pompeo insisted "the president has always been a vigorous defender of human rights" and said Trump's imposition of widespread tariffs on Chinese goods as part of a trade dispute showed his … [Read more...] about Trump to raise Hong Kong protests with Xi at G20: Pompeo
Stocks, yuan fall as US-China seen deadlocked in trade talks
SYDNEY: U.S. stock futures fell and Asian shares slipped on Monday on growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war.The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any "bitter fruit" that harmed its interests.E-Mini futures for the S&P 500 shed 1.0per cent.MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4per cent, nearing its two-month low marked on Thursday.Chinese shares tumbled, with the benchmark Shanghai Composite and the blue-chip CSI 300 shedding 1.4per cent and 1.6per cent, respectively, while Hong Kong's financial markets were closed for a holiday.Japan's Nikkei average sunk as much as 1.0per cent to hit its lowest level since March 28. It last traded down 0.5per cent.U.S. benchmark 10-year Treasury note yield inched down to 2.441per … [Read more...] about Stocks, yuan fall as US-China seen deadlocked in trade talks
Barr skips House hearing; Pelosi accuses him of lying
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By Mary Clare Jalonick The Associated Press Thu., May 2, 2019 WASHINGTON - Attorney General William Barr skipped a House hearing Thursday on special counsel Robert Mueller’s Trump-Russia report, escalating an already acrimonious battle between Democrats and President Donald Trump’s Justice Department. House Speaker Nancy Pelosi said Barr had already lied to Congress in other testimony and called that a “crime.” Democrats raised the prospect of holding Barr in contempt after the department also missed the House Judiciary Committee deadline to provide it with a full, unredacted version of Mueller’s report and its underlying evidence. Committee Chairman Jerrold Nadler of New York said that if the attorney general doesn’t provide the committee “with the information it demands and the respect that it deserves, Mr. Barr’s moment of accountability will come soon enough.” Barr’s decision to avoid the hearing, made … [Read more...] about Barr skips House hearing; Pelosi accuses him of lying
Lawmakers to see empty chair, not AG Barr, at House hearing
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By Mary Clare Jalonick The Associated Press Thu., May 2, 2019 WASHINGTON - Attorney General William Barr plans to skip a House Judiciary hearing Thursday on special counsel Robert Mueller’s report , escalating an already acrimonious battle between Democrats and the Justice Department. Barr’s decision — he cites a disagreement over the questioning — came the day the department missed a committee deadline to provide the panel with a full, unredacted version of Mueller’s Russia report and its underlying evidence. Those moves are likely to prompt a vote on holding Barr in contempt and possibly the issuance of subpoenas, bringing House Democrats and the Trump administration closer to a prolonged battle in court. Even though Barr informed the panel he isn’t coming, Committee Chairman Jerrold Nadler said he will still convene the hearing, raising the prospect of an empty witness chair. “I hope and expect the attorney general will … [Read more...] about Lawmakers to see empty chair, not AG Barr, at House hearing