Monday, 20 November, 2017

The 5 Biggest Problems for Presidents Trump and Xi to Tackle

What can people expect from Trump's China meeting? What Trump's Meeting With China's Xi Jinping Could Mean for Google and Other U.S. Tech Giants
Saul Franklin | 07 April, 2017, 02:43

Academics said that Taiwanese should not be "too worried" that the nation might be a focus at a meeting between US President Donald Trump and Chinese President Xi Jinping (習近平) in Mar-a-Lago, Florida, yesterday and today, because Taiwan would be eclipsed by North Korea and US-China trade issues.

Susan Thornton, acting assistant secretary for East Asian and Pacific Affairs, said in a teleconference on Wednesday, "I don't know if we'll be to be talking about how China can contribute to a resolution of this problem", when asked if Washington is expecting an agreement on sanctions.

"This administration wants to see them act, and I think they're going to pressure them to do that", she said. The United States has spoken enough about North Korea.

Xi is also expected to seek assurances that Trump will not interfere in the territorial dispute over the South China Sea or question the "One China" policy by reaching out to Taiwan's leader again, as he did during the transition.

Also referred to as secondary boycotts, secondary sanctions would penalize a third country that does business with North Korea.

A week ago, Trump ordered a review of the U.S.'s deficits with its top trading partners to determine how much is the result of cheating, unfair trading practices and currency imbalances. The U.S. Chamber of Commerce finds that imports from China support as many as 2.7 million American jobs.

Topping the agenda at Mar-a-Lago will be US-China trade ties and US requests for China to help rein in its nuclear-armed neighbour North Korea.

European Central Bank's Draghi says stimulus still needed
That guidance states that rates won't rise until "well past the horizon of [the ECB's] net asset purchases". That puts inflation back below the ECB's target of just under 2%.

Mel B: 'My husband brutally beat me'
On Monday Belafonte, 41, was told to leave their Los Angeles home and keep away from his wife of ten years and her three children. However, speaking to TMZ's photographers on Monday, Belafonte denied all the claims, saying, "I'm shocked at those allegations".

Diego Simeone Happy With Theo Hernandez Amid Real Madrid Links
According to sports platform Marca , Real Madrid has already made an arrangement with the left-back for the next six seasons. The 19-year-old is expected to return to his parent club this summer and fight for his place in the starting team.

Chinese Vice Foreign Minister Zheng Zeguang said Friday that "China doesn't intentionally seek trade surpluses", and that the swelling USA deficit and Chinese surplus resulted from differences in the structures of the two countries' economies, the Wall Street Journal reported. USA exports of goods and services to China are found to have generated directly and indirectly more than 1.07 million jobs (650,000 jobs from exports of goods alone) in the U.S.in 2015.

Trump built a reputation not just through his candidacy, but over decades in business by talking tough on China, calling for firm action on trade and lampooning multiple USA presidents for showing weakness in their interactions.

The more informal setting at Mar-a-Lago also represents a risk, some analysts said.

The conservative camp in the United States is supportive of Taiwan and has advised Trump to put more pressure on Beijing regarding South China Sea and human rights issues, but Trump has been emphasising trade and has little concern for human rights issues, Yen said. If political winds start to shift, there could be a lot of disruption in this area-an important source of income for USA farmers, some of Trump's most enthusiastic voters who also stand to lose the most if the president follows through on his campaign rhetoric.

Trump made a number of extravagant and contradictory statements about China, as well as his future policy in this direction.

The visit will set the tone for a complex relationship, one Mr. Trump aims to redefine by combating what he and his trade advisers see as the dumping of products in the U.S.at below fair value and Beijing's broad policies of subsidizing industries from metals production to aviation at the expense of American competitors. Xi will probably look for Trump to reconfirm his commitment to "one China".

China lays claim to nearly all the South China Sea.

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