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The Best in Alternative News

Why China Can’t Afford a Trade War…

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China and the United States have agreed not to impose tariffs on one another—that is, not to engage in a trade war—at least while they negotiate a trade settlement. If the White House is to be believed, China has agreed to increase “significantly” its purchases of American goods, especially agricultural products. This is welcome news: […]

Eagle Hits Dragon with $50 Billion Interference Penalty…

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Buried in a Wall Street Journal article outlining their shock and horror over President Trump following through with a Phase-I trade penalty of $50 billion, you find the following quote from Captain Obvious at Cornell University: “The Trump administration is clearly signaling, ahead of Wilbur Ross’s trip to Beijing, that the gloves are off given […]

Deal Struck Between U.S. and China Over ZTE…

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President Trump told Fox News on Friday he has struck a deal with Chinese President Xi Jinping to ease U.S. sanctions imposed on Chinese telecommunications giant ZTE. The Commerce Department last month blocked China’s ZTE from importing American components for seven years, accusing it of misleading U.S. regulators after it last year settled charges of […]

China Unexpectedly Slashes Auto Tariffs After Trump Trade Truce…

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In an unexpected, but notable, victory for President Trump’s aggressive trade agenda and exporters of cars around the globe, China’s Ministry of Finance announced Tuesday morning that it would slash passenger car duties to 15%, further opening up the market that’s been a key target of the U.S. in its trade fight with Beijing. This […]

China’s Xi Jinping Holds Summit with NK’s Kim Jong Un to Promote Denuclearization and Peace on Korean Peninsula…

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The latest China-DPRK summit meeting will help promote denuclearization and peace on the Korean Peninsula, South Korea’s Unification Ministry said Wednesday. Xi Jinping, general secretary of the Central Committee of the Communist Party of China (CPC) and Chinese president, met Kim Jong Un, chairman of the Workers’ Party of Korea (WPK) and chairman of the […]

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