Archive for United States

As Trump Visits India, a Trade Deal Remains Elusive – By Ana Swanson and Vindu Goel – The New York Times

By Ana Swanson and 

“WASHINGTON — President Trump’s visit to India includes a state dinner, tens of thousands of cheering onlookers and even a marching band on camels — but a long-awaited trade deal between the United States and India is notably absent.

For the second time since September, when Prime Minister Narendra Modi of India visited the United States, the two countries have failed to reach even a limited “mini-deal” that would increase trade for focused groups of goods, like dairy products, medical devices and Harley-Davidson motorcycles.

Negotiators from both countries have been working since 2018 on a deal that would lower Indian barriers to some American products, and restore India’s access to a program that allows goods to enter the United States tariff-free.

But the breakdown in negotiations illustrates the steep challenge in reaching a trade deal between two countries headed by populist leaders who harbor suspicions of multilateral arrangements. Both Mr. Trump and Mr. Modi want to protect jobs in their own countries by fending off foreign competitors — shared attributes that make it even more difficult to strike a comprehensive agreement that would roll back trade barriers more broadly.”

Source: As Trump Visits India, a Trade Deal Remains Elusive – The New York Times

Posted in: India, Trade and Trade Policy, Trade and Trade Policy

Leave a Comment (0) →

A Maine Paper Mill’s Unexpected Savior: China – By Ellen Barry – The New York Times

By Ellen BarryPhotographs by Tristan SpinskiJan. 15, 2020, 5:00 a.m.

By 

Photographs by 

“OLD TOWN, Maine — During the deepest part of last winter, a van pulled off the highway and followed the two-lane road that skims along the Penobscot River, coming to rest beside the hulk of a shuttered pulp mill. The van’s door slid open and passengers climbed out: seven Buddhist monks from China.

Andrew Edwards, a mill superintendent from the nearby town of Lincoln, led them to a room where he had stockpiled the things they had requested for the ceremony: oranges, limes, apples and seven shovels, one for each monk.

Snow lay deep on the ground, two feet of gritty, frozen crust, and he remembers worrying a little about the visitors. “They were in their, I don’t know what they’re called, their Tibetan outfit,” he said. “With the sandals and whatnot.”

He stepped back and watched as the monks wandered from the boiler houses to the limekiln to the pulp mill, chanting, burning candles and gently tapping a gong.”

Source: A Maine Paper Mill’s Unexpected Savior: China – The New York Times

Posted in: Business and Finance, China, Decline and Renaissanace, United States

Leave a Comment (0) →

Opinion | Trump and Xi Sittin’ in a Tree – By Thomas L. Friedman – The New York Times | InconvenientNews.Net

Thomas L. Friedman

By 

Opinion Columnist

CreditCreditDoug Mills/The New York Times

“I was glad to see the stock market get a boost from the news that Chinese and U.S. trade negotiators were talking again and that President Trump blinked a bit and pulled some of his planned tariffs.

But don’t be fooled. Trump and President Xi Jinping of China are still locked in a cage match over who is the true big dog in today’s global economy. Both are desperate not only to “win,” but to be seen to win, and not be subjected to the scorn of their rivals or critics on social media.

Precisely because neither leader feels he can afford that fate, both have overplayed their hands. Xi basically believes that nothing has to change — and all can be made to stay the same by the force of his will. Trump basically believes that everything has to change — and all can be made to change by the force of his will.

The rest of us are just along for the ride.

Let’s look at both men’s calculations and miscalculations. Trump was right in arguing that America should not continue to tolerate systemic abusive Chinese trade practices — intellectual property theft, forced technology transfers, huge government subsidies and nonreciprocal treatment of U.S. companies in China — now that China is virtually America’s technology equal and a rising middle-income country.”

Source: Opinion | Trump and Xi Sittin’ in a Tree – By Thomas L. Friedman – The New York Times | InconvenientNews.Net

Posted in: China, Trade and Trade Policy

Leave a Comment (0) →

Opinion | China Deserves Donald Trump – By Thomas L. Friedman – The New York Times

Thomas L. Friedman

By Thomas L. Friedman

Opinion Columnist,  May 21, 2019,   1420

 President Trump insists that his tough approach to China will benefit the United States.CreditEric Thayer for The New York Times

“A U.S. businessman friend of mine who works in China remarked to me recently that Donald Trump is not the American president America deserves, but he sure is the American president China deserves.

Trump’s instinct that America needs to rebalance its trade relationship with Beijing — before China gets too big to compromise — is correct. And it took a human wrecking ball like Trump to get China’s attention. But now that we have it, both countries need to recognize just how pivotal this moment is.

The original U.S.-China opening back in the 1970s defined our restored trade ties, which were limited. When we let China join the World Trade Organization in 2001, it propelled China into a trading powerhouse under rules that still gave China lots of concessions as a developing economy.

This new negotiation will define how the U.S. and China relate as economic peers, competing for the same 21st-century industries, at a time when our markets are totally intertwined. So this is no ordinary trade dispute. This is the big one.”

Source: Opinion | China Deserves Donald Trump – The New York Times

Posted in: China, Thomas Friedman, Trade and Trade Policy, United States

Leave a Comment (0) →

Trump Administration Could Blacklist China’s Hikvision, a Surveillance Firm – The New York Times

“WASHINGTON — The Trump administration is considering limits to a Chinese video surveillance giant’s ability to buy American technology, people familiar with the matter said, the latest attempt to counter Beijing’s global economic ambitions.

The move would effectively place the company, Hikvision, on a United States blacklist. It also would mark the first time the Trump administration punished a Chinese company for its role in the surveillance and mass detention of Uighurs, a mostly Muslim ethnic minority.”

Source: Trump Administration Could Blacklist China’s Hikvision, a Surveillance Firm – The New York Times

Posted in: China, David Lindsay, Trade and Trade Policy, United States

Leave a Comment (0) →

As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain – By Li Yuan – The New York Times

By Li Yuan


“China has spent nearly two decades building a digital wall between itself and the rest of the world, a one-way barrier designed to keep out foreign companies like Facebook and Google while allowing Chinese rivals to leave home and expand across the world.

Now President Trump is sealing up that wall from the other side.

Google on Monday began to limit the software services it provides to Huawei, the telecommunications giant, after a White House order last week restricted the Chinese company’s access to American technology. Google’s software powers Huawei’s smartphones, and its apps come preloaded on the devices Huawei sells around the world. Depending on how the White House’s order is carried out, that could come to a stop.

For Huawei, the big impact will be abroad, since Chinese customers already have limited access to Google’s services. Google’s move will have its biggest effect in places like Europe, where it has emerged as a big smartphone seller. Other companies will inevitably follow. In effect, the move puts pressure on Huawei’s international expansion dreams.

If China and the United States have begun a technological Cold War, then the Huawei order can best be seen as the beginnings of a digital Iron Curtain. In this potential vision of the future of technology, China will continue to keep out much of the world. The United States and many other countries, goes this thinking, will in turn block Chinese technology.”

Source: As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain – The New York Times

Posted in: China, Foreign Affairs and U.S.ForeignPolicy, Trade and Trade Policy, United States

Leave a Comment (0) →

As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain – The New York Times

By Li Yuan

China has spent nearly two decades building a digital wall between itself and the rest of the world, a one-way barrier designed to keep out foreign companies like Facebook and Google while allowing Chinese rivals to leave home and expand across the world.

Now President Trump is sealing up that wall from the other side.

Google on Monday began to limit the software services it provides to Huawei, the telecommunications giant, after a White House order last week restricted the Chinese company’s access to American technology. Google’s software powers Huawei’s smartphones, and its apps come preloaded on the devices Huawei sells around the world. Depending on how the White House’s order is carried out, that could come to a stop.

For Huawei, the big impact will be abroad, since Chinese customers already have limited access to Google’s services. Google’s move will have its biggest effect in places like Europe, where it has emerged as a big smartphone seller. Other companies will inevitably follow. In effect, the move puts pressure on Huawei’s international expansion dreams.

If China and the United States have begun a technological Cold War, then the Huawei order can best be seen as the beginnings of a digital Iron Curtain. In this potential vision of the future of technology, China will continue to keep out much of the world. The United States and many other countries, goes this thinking, will in turn block Chinese technology.

Source: As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain – The New York Times

Posted in: China, Information Technology, United States

Leave a Comment (0) →

As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain – The New York Times

By Li Yuan May 20, 2019 41 China has spent nearly two decades building a digital wall between itself and the rest of the world, a one-way barrier designed to keep out foreign companies like Facebook and Google while allowing Chinese rivals to leave home and expand across the world. Now President Trump is sealing up that wall from the other side. Google on Monday began to limit the software services it provides to Huawei, the telecommunications giant, following a White House order last week that restricte

Source: As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain – The New York Times

Posted in: China, Information Technology, United States

Leave a Comment (0) →

As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain – By Li Yuan – The New York Times

By Li Yuan

“China has spent nearly two decades building a digital wall between itself and the rest of the world, a one-way barrier designed to keep out foreign companies like Facebook and Google while allowing Chinese rivals to leave home and expand across the world.

Now President Trump is sealing up that wall from the other side.

Google on Monday began to limit the software services it provides to Huawei, the telecommunications giant, following a White House order last week that restricted the Chinese company’s access to American technology. Google’s software powers Huawei’s smartphones, and its apps come preloaded on the devices Huawei sells around the world. Depending on how the White House’s order is implemented, that could come to a stop.

For Huawei, the big impact will be abroad, since Chinese customers already have limited access to Google’s services. Google’s move will have its biggest effect in places like Europe where it has emerged as a big smartphone seller. Other companies will inevitably follow. In effect, the move puts pressure on Huawei’s international expansion dreams.

If China and the United States have begun a technological Cold War, then the Huawei order can best be seen as the beginnings of a digital Iron Curtain. In this potential vision of the future of technology, China will continue to keep out much of the world. The United States and many other countries, goes this thinking, will in turn block Chinese technology.”

Source: As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain – The New York Times

Posted in: China, Information Technology, Trade and Trade Policy, United States

Leave a Comment (0) →

In China Some Fear the End of ‘Chimerica’ – The New York Times

By Li Yuan

“Wu Shichun is one of countless Chinese entrepreneurs who over the past four decades have prospered from access to American customers and money.

Today, as the American government threatens to take that away, the serial entrepreneur and venture capital investor is fundamentally rethinking how he does business.

One of his portfolio companies designs and makes fashion products in China, then sells to American consumers on Amazon.com. Another, a vape device maker, sells most of its products in the United States. The third, which makes metal materials for electronic manufacturers, exports 40 percent of its production there. All three would be hit by new American tariffs.

“From now on I’ll have to invest in companies that focus on the Chinese market,” said Mr. Wu, 42.

“I hope China and the U.S. can find a better way to coexist,” he said. “It doesn’t have to be mutually destructive.””

Source: In China, Some Fear the End of ‘Chimerica’ – The New York Times

Posted in: China, Trade and Trade Policy, United States

Leave a Comment (0) →
Page 1 of 3 123