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Trump tells China: Probe into trade practices coming
13 August 2017, 04:44 | Terri Saunders
Chip Somodevilla /Getty Images
The move could lay the groundwork for Trump to impose tariffs against Chinese imports, which would mark a significant escalation in his efforts to reshape the trade relationship between the world's two largest economies.
France is a member of the Security Council, which approved fresh sanctions on North Korea this month for its recent intercontinental ballistic missile testing.
"Instead, President Trump has made a unsafe situation even worse by recklessly asserting that the United States is "locked and loaded" to bring "fire and fury" to North Korea".
Trump will direct US Trade Representative Robert Lighthizer to determine if an investigation is warranted of "any of China's laws, policies, practices or actions that may be unreasonable or discriminatory, and that may be harming American intellectual property, innovation and technology", the official said. Pyongyang this week threatened to fire missiles near the US territory of Guam during an exchange of bellicose rhetoric with Trump.
It wasn't immediately clear how China would react to the move. "If China helps us, I feel a lot different towards trade".
Trump, in the past, has tied trade policy to national security.
If Lighthizer decides to go ahead with an investigation, the United States would first consult with China and the investigation process could take as long as a year, officials said. "The results are there for all to see".
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Wilmar International slipped 6.4 per cent or 22 cents to $3.20; Hongkong Land lost 2.1 per cent or 16 U.S. cents to US$7.34. The major index futures are now pointing to a modestly higher open for the markets, with the Dow futures up by 21 points.
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Aaron Ramsey came off the bench to level with eight minutes remaining before Giroud wrapped up the points. Alexandre Lacazette gave Arsenal an early lead before Shinji Okazaki and Jamie Vardy put Leicester ahead.
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The role of Phil is being played by [ David Beckham ]. "The role of Victoria Beckham is being played by @jessetyler", he joked. What happens when you combine the Beckham family and Modern Family? "Lovely to see you pictured all together".
The former vice president said that Mr. Trump's comments while speaking at the Trump National Golf Club in Bedminster, New Jersey, on Tuesday were "unwise", but he expressed confidence in Defense Secretary James Mattis and National Security Adviser H.R. McMaster. North Korea responded by detailing a plan to fire ballistic missiles toward the USA territory of Guam, home to US military bases.
"I think it's only fair to point out he inherited this crisis", Mr. Gore told Newsweek.
The US is ready along with its allies to apply the full range of diplomatic, economic and military measures to stop the North Korean nuclear menace, President Donald Trump told his French counterpart Emmanuel Macron on Satruday.
"If Americans continue to have their best technology and intellectual property stolen, or forcibly transferred offshore, the United States will find it hard to maintain its current technology-leadership position and to remain one of the world's most innovative economies".
Rep. David Cicilline urged Speaker Paul Ryan on Friday to call back the House from its August recess in order to debate legislation that would require congressional approval for a USA pre-emptive strike.
"We lose hundreds of billions of dollars a year on trade with China".
"Protection measures against some specific items, such as steel and aluminum, may gain political favors, but are not likely to be of much help to rebalance trade", economists at the Institute of International Finance wrote in a research note this week.
Gold for Pearson at world athletics championships
Australia's Sally Pearson bounced back from two years of injury hell to reclaim the 100 metres hurdles world title in London . American veteran Dawn Harper Nelson was second, .04 seconds behind, and Pamela Dutiewicz of Germany took bronze in 12.72.
US Futures Point South as US-North Korea Rhetoric Heats Up
Penney slumped as much as 18.25 percent to a record low after the retailer reported a bigger-than-expected quarterly loss. The local currency closed at 1,143.50 won against the US dollar, down 1.50 won from the previous session's close.
FTSE sell-off gathers strength on North Korea fears
About 6.22 billion shares changed hands on USA stock exchanges, slightly above the 6.15 billion average for the last 20 sessions. It soared over 2 percent in the previous two sessions, and is set for a weekly gain of 2.25 percent.