emfizz.com
emfizz.com October 23, 2017


China trade plan progress unveiled, but deficit benefits unclear

20 May 2017, 08:03 | Jan Cross

Chicken meat for sale at a market in the Anhui Province of China

Chicken meat for sale at a market in the Anhui Province of China

Ross said a deal for coal exports to China wasn't likely, given the far shipping distances. The Energy Department has authorized natural gas shipments of 19.2 billion cubic feet per day to China and other interested countries that lack a broader free trade agreement with the United States, the Commerce Department said.

President Donald Trump's administration, eager for a win amid a furor over his firing of the Federal Bureau of Investigation chief, was quick to crow about trade concessions wrangled from the People's Republic of China. His tough talk toward Beijing had fueled early fears of a trade war. -China trade talks to concerns over North Korea's nuclear ambitions, urging Beijing to exert more pressure on Pyongyang. "I am happy that our work with the Trump administration and the USDA on emphasizing trade as essential to Kentucky agriculture has proven successful". Gary Cohn, director of the National Economic Council, has voiced support for an LNG terminal in the U.S. Northwest that would ship overseas to Asia.

The deal will also open up US exports of liquefied natural gas to China.

Mr Ross denied suggestions that the deal is linked to United States pressure on China to use its economic leverage to get North Korea to give up its nuclear weapons programme. It wasn't until last month at a Mar-a-Lago, Fla., meeting to advance U.S. But he can at least savor a breakthrough in his most important but contentious trade relationship.

Heitkamp, meanwhile, said the deal was promising, but pointed out China has made similar promises in the past.

MasterCard welcomed the announcement, saying it looked forward "to having full and prompt market access in China".

"China just agreed that the USA will be allowed to sell beef, and other major products, into China once again".

NORTHAM: Kennedy says the deal doesn't address core problems the USA has in its relationship with China.

But while the agreement touches on numerous trade barriers American companies have long complained about, it remains to be seen how far China will go to allow more American exports.

US rig count rises 16 this week to 901; Texas up 8
Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Baker Hughes by 77.1% in the first quarter. On average, equities analysts forecast that Baker Hughes Incorporated will post $0.02 earnings per share for the current year.


US to renew sanctions waivers on Iran Wednesday
The Trump administration will have to waive more sanctions next month if it wants to stick by the nuclear deal. The notification of waivers follows a finding in April that Iran is complying with its side of the deal.


Chinese Investment in exchange of EB-5 Visas
This is not the first time the Kushners have come under fire for using the EB-5 program to attract Chinese investors. Washington Post China correspondent Emily Rauhala was the presentation in Beijing.


China will speed up the approvals of bio-engineered agricultural products from United States companies, which are pending licences.

Beijing will issue bond underwriting and settlement licences to two USA financial institutions.

"We look forward to providing almost 1.4 billion new customers in China with the same USA beef that we feed our families".

05/15/2017The Trump administration has reached new deals with China to ease market access for a variety of industries, including beef and financial services, as the White House makes progress on trying to soften economic barriers between the two sides.

Another is China's entry into the World Trade Organization in 2001, an event that caused a surge in Chinese exports to the United States and created an economic shock that caused the loss of more than 1 million factory jobs, according to research by economists David Autor, David Dorn and Gordon Hanson.

Perdue says USDA is working to meeting the strict safety standards China has set to resume US beef exports after 13 years.

Under the announced deals, China will import US beef and poultry and will accelerate consideration of USA applications to sell bioengineered seeds in China.

Though the Commerce Department said U.S. Biotechnology includes genetically modified organisms for plants such as corn and cotton.

"LNG prices have been very depressed in the USA", the commerce secretary said. Later, Ross said the U.S.



Other News

Trending Now

Alaskan Natives Look to Arctic Council to Preserve Waters, Way of Life
The real strength of the US chairmanship was to emphasize a unified Arctic at a time where tensions were so high. But two of the questions hanging over President Donald Trump's White House were also on envoy's minds in Alaska.

Trump says special counsel 'divides the country'
The Twitter messages were a departure from the more measured tone of a formal statement issued Wednesday night by the White House. Others are already considering leaving, and allies due to join the administration say they are holding off.

Trump aims to strengthen ties in Saudi Arabia visit
The official says in Israel, she will visit the Western Wall with the president, and in Rome, she will discuss human trafficking. That was before he fired his Federal Bureau of Investigation director - and the chain reaction of scandal that followed.

Comey 'disgusted' by Trump hug, considered White House 'not honorable,' friend says
Rosenstein fielded questions in the closed session for more than an hour, but many senators left the briefing unsatisfied. Deputy Attorney General Rod Rosenstein told Congress Friday he stands by a memo he wrote bluntly criticizing Comey.

North Korea links nuclear advances to 'hostile' US policy
Last month U.S. president Donald Trump warned a "major, major conflict" with North Korea was possible as he revealed he would be willing to meet with Kim Jong-un.

MI confirms its 1st West Nile virus activity of 2017
West Nile virus is spread through the bites of infected mosquitoes that have acquired the virus by feeding on infected birds. The virus can also lead to more serious complications including neurological illnesses like meningitis and encephalitis.

President Buhari describes the releases of 82 Chibok girls as democracy gift
Enoch Mark, a Christian pastor whose two daughters were among the kidnapped, said of the latest releases: "This is good news to us".

Synchrony Financial Hikes Dividend, Announces $1.64 Billion Share Buyback Program
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . The company has been one of the biggest innovators in "Credit Services" employing approximately 15000 full time employees.

LG Jumps On Board Google Assistant And Google Home Bandwagon
One of the most handy Siri features is the ability to search for App Store apps, iTunes movies, and photo albums with your voice. This directory feature is an easy way to find out which of the apps have Assistant integration and how you can work with it.

Chaffetz to resign from Congress on June 30
Chaffetz said Thursday that he will resign from Congress next month, a move that calls into question the future of the House Ove. Gabriel Bastomski, a spokesman for Russell, confirmed Russell was seeking the chairmanship regardless of Gowdy's intentions.