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Trump’s tariff plan would spark war with China

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Republican presidential candidate Donald Trump’s proposal to slap tariffs on Chinese exports to the US would renew a damaging trade war between the world’s two largest economies, said analysts.

Trump delivered his proposal on Wednesday where he said that if elected, he would instruct the US Trade Representative to file trade cases against China, both in the US and at the World Trade Orgaisation.

“We believe that whoever wins the US election, future US leaders will continue to adopt a basic policy of mutual cooperation with China that benefits US interests and Americans,” Chinese Foreign Ministry spokesman Lu Kang told a daily news briefing on Thursday.

“Since the interdependence between the world’s two largest economies is a powerful means to deter each other, Trump’s proposal would be difficult to implement,” Liu Weidong, a research fellow at the Institute of American Studies of the China Academy of Social Sciences, told the Global Times.

However, a new US-China trade war would erupt if Trump gets elected and implements his proposal, said Song Guoyou, a professor at Fudan University’s Centre for American Studies, adding that China would retaliate against US exports to China.

Echoing Song, Liu told the Global Times that the trade war would lead to a deadlock.

Song said the trade war would have a negative impact on many areas in both countries, including China’s manufacturing industry, US agriculture, airplane manufacturing and the IT industry.

Furthermore, a US-China trade war would also drag the rest of the world into trade protectionism, Song added.

Labelling China as a “currency manipulator,” Trump would sabotage the current economic exchange mechanism between the two nations and agreements reached so far on the yuan exchange rate reform, Song added.

America

Trump confirms CIA chief met Kim Jong Un in North Korea

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Donald Trump confirmed CIA Director Mike Pompeo met with the leader of North Korea last week.

“Mike Pompeo met with Kim Jong Un in North Korea last week. Meeting went very smoothly and a good relationship was formed, ” U.S. President Trump says in Twitter post.

He added: “Details of summit are being worked out now. Denuclearization will be a great thing for world, but also for North Korea!”

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President Trump says WTO ‘unfair to U.S.

China, which is a great economic power, is considered a Developing Nation within the World Trade Organisation.

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WASHINGTON: US President Donald Trump blasted the World Trade Organization on Thursday, saying the international trade body was “unfair” to the United States while giving China “tremendous perks and advantages,” but he offered no evidence or examples to back up his claim.

“China, which is a great economic power, is considered a Developing Nation within the World Trade Organization. They therefore get tremendous perks and advantages, especially over the US Does anybody think this is fair. We were badly represented. The WTO is unfair to US,” Trump wrote on Twitter.

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President Trump suggests no deal on DACA

He also urged Republicans in charge of the Senate to “go to Nuclear Option to pass tough laws Now.”

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Washington, April 2 : US President Donald Trump suggested on Sunday that there would be no deal to legalize the status of hundreds of thousands of “Dreamers”, undocumented immigrants brought to the US as children.

“No MORE DACA DEAL!” Trump said in an emphatic tweet Sunday morning. DACA refers to the Deferred Action for Childhood Arrivals, an Obama administration program that shields Dreamers from deportation, Xinhua reported.

Trump shut it down last fall but gave lawmakers six month to come up with a permanent solution.

Though Congress has been unable to reach a consensus on the issue and stalled the progress, legal challenges to the Trump order has managed to keep DACA in place for now.

The President tweeted a claim on Sunday that Border Patrol agents can’t do their jobs properly because of “ridiculous liberal (Democrat) laws” that allow people caught for illegally staying in the country to be released while awaiting a hearing.

He also urged Republicans in charge of the Senate to “go to Nuclear Option to pass tough laws Now.”

In order to end debate and move forward to a vote on a measure or piece of legislation, Senate rules require 60 votes in the 100-member Senate. Republicans now only control 51 seats, and GOP Senate leaders have opposed Trump’s repeated call to change the longstanding rules.

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