BEIJING: China's top trade negotiator said more talks will be held with the United States as he revealed what Beijing considers the three main differences keeping the two sides from reaching a deal.Speaking to reporters in Washington on Friday (May 10), Vice Premier Liu He for the first time gave details on where the negotiations stood following two days of talks with US counterparts, with tariffs and how much China should import from America among the disagreements."Negotiations have not broken down, but rather on the contrary, this is only a normal twist in the negotiations between the two countries, it is inevitable," Liu said."Both sides agree they will meet again in Beijing in the future and keep pushing forward the negotiations," he said without giving a date.Since last year the United States and China have exchanged tariffs on more than US$360 billion in two-way trade, gutting US agricultural exports to China and weighing on both countries' manufacturing sectors.Liu said … [Read more...] about China outlines three disagreements in US trade talks
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RIO DE JANEIRO: Brazil's ex-president Michel Temer handed himself in to police in Sao Paulo on Thursday (May 9), the day after a court ordered his return to prison.Temer, 78, arrived at federal police headquarters in Sao Paulo in a convoy of vehicles, two hours before a deadline.He was the second ex-president of the Latin American country to be caught up in a sprawling anti-corruption probe called Operation Car Wash that has claimed scores of political and corporate scalps.He is suspected of having been at the head of a "criminal organisation" that diverted up to 1.8 billion reais (US$460 million).A Rio de Janeiro appeals court on Wednesday ordered Temer back to jail with "immediate effect", a court official said, just weeks after he was freed by another judge.Temer, who is accused of leading a sophisticated embezzlement and money laundering scheme, was arrested in Sao Paulo in March and placed in "preventative detention" in Rio de Janeiro.But that decision was overturned four … [Read more...] about Brazil’s ex-president Temer turns himself in to police
SEOUL: North Korea welcomed a US envoy’s visit to Seoul by firing two missiles Thursday, the South’s military said, in Pyongyang’s second launch in less than a week as it seeks to up the ante in deadlocked nuclear negotiations with Washington. It came after North Korea carried out a military drill and fired multiple projectiles on Saturday, with at least one believed to be a short-range missile. The North had not previously fired a missile since November 2017, shortly before a rapid diplomatic thaw eased high tensions on the peninsula and paved the way for a historic first meeting between its leader Kim Jong Un and US President Donald Trump. But their second summit in Vietnam in February broke up without an agreement rolling back Pyongyang’s nuclear programme in exchange for sanctions relief or even a joint statement, leaving the North frustrated. Thursday’s launch came hours after the US Special Representative on North Korea, Stephen Biegun, arrived in … [Read more...] about North Korea fires missiles as US envoy visits Seoul
CARACAS (REUTERS) - Venezuelan opposition leader Juan Guaido appeared alongside armed, uniformed men on Tuesday (April 30) in his strongest call yet to the military to abandon President Nicolas Maduro, a day before planned mass protests aimed at toppling the socialist leader. In the more than three months since Mr Guaido invoked the constitution to assume an interim presidency, citing fraudulent elections, Mr Maduro has so far kept a grip on the levers of power including the military and security forces. Mr Guaido says Mr Maduro must step aside for a transitional government to organise new elections. Mr Maduro has resisted calls for an early vote or that he leave power early before his six-year second term ends in 2025. Below are some of the factors that could decide who prevails. THE MILITARY Venezuela has a long history of military rebellions and coups, notably the 1958 overthrow of dictator Marcos Perez Jimenez, and the failed attempt by Mr Maduro's predecessor, Hugo Chavez, to take … [Read more...] about Will opposition leader Guaido topple Venezuela’s President Maduro?
TOKYO (THE YOMIURI SHIMBUN/ASIA NEWS NETWORK) - Japan and the United States must strive for the stability and prosperity of the Asia-Pacific region, while maintaining a firm relationship. It is greatly significant that the leaders of the two countries affirmed the importance of close cooperation. Prime Minister Shinzo Abe met US President Donald Trump for summit talks, and they agreed to accelerate new bilateral trade negotiations. The United States has strained relations with China and Europe mainly due to prolonged trade friction. If a rift also occurs in the Japan-US relationship, the global economy's uncertainty about the future could increase further. The fact that the two leaders did not bring to the surface conflicts over trade issues, among other matters, can be said to be appropriate. Abe stressed at the talks that Japan and the United States should proceed with negotiations that would be win-win for them both. His remarks show his willingness to establish rules that will … [Read more...] about Japan, US should strengthen framework of free trade: Yomiuri Shimbun