. | . |
US, EU, Japan jointly denounce unfair trade by Staff Writers United Nations, United States (AFP) Sept 25, 2018 Washington, Tokyo and Brussels said Tuesday they were making common cause against unfair trade, jointly denouncing industrial practices long pinned on China but refraining from naming that country explicitly. US Trade Representative Robert Lighthizer, Japanese Economy Minister Hiroshige Seko and European Union Trade Commissioner Cecilia Malmstroem "reiterated their concern with and confirmed their shared objective to address non-market-oriented policies." In a statement issued on the sidelines of the United Nations General Assembly in New York, they said unnamed "third countries" had engaged in "severe overcapacity," while creating unfair competitive conditions, threatening technological development and ultimately undermining global trade. "The ministers recalled that market-oriented conditions are fundamental to a fair, mutually advantageous global trading system and that their citizens and businesses operate under market-oriented conditions," said the statement. "The ministers found such practices to be deplorable," it added, noting the three economies were considering "possible measures" that could be undertaken. Washington has cited precisely these grievances in justifying its escalating trade war with Beijing, which it also accuses of seeking global industrial predominance through theft, coercion, subsidies and state-sponsored acquisitions. On Monday, the United States imposed tariffs on another $200 billion in Chinese imports, meaning about half of everything Americans buy from China is now subjected to import levies.
Pompeo on China trade war: 'We are going to win' New York (AFP) Sept 23, 2018 Secretary of State Mike Pompeo vowed that the United States would emerge victorious in an intensifying trade war with China, a day before Washington imposes $200 billion worth of tariffs. "We are going to win it," Pompeo said in an interview on Fox News broadcast Sunday. "We're going to get an outcome which forces China to behave in a way that if you want to be a power - a global power - transparency, rule of law, you don't steal intellectual property," he said. Pompeo said that President ... read more
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |