China's June exports fall after US tariff hike, imports shrink
13 July, 2019, 14:12
China's exports likely fell in June as weakening global demand and a sharp hike in USA tariffs took a heavier toll on the world's largest trading nation, a Reuters poll showed.
Exports fell 1.3%, while imports dropped by 7.3%.
U.S. -Chinese trade has weakened since President Donald Trump started hiked tariffs past year on goods from China in a fight over Beijing's technology ambitions.
Hu Xijin, editor-in-chief of the state-owned Global Times newspaper, tweeted late Thursday that the "achievement of Osaka summit is a China-U.S. consensus, not a unilateral commitment China made to the U.S. Hope the U.S. will lift all sanctions on Huawei soon and respect the principle of equality".
Washington is pressing Beijing to roll back plans for government-led creation of Chinese global competitors in robotics, electric cars and other technologies.
Chinese leaders express confidence their economy can survive the tariff fight. Mistrust between Washington and Beijing runs high.
"It seems the two sides are arm-wrestling about the basis on which they'll resume talks, as well as when and where", said Zhou Xiaoming, a former commerce ministry official and diplomat.
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She founded Integration TV , an global web-based video production company aimed at Somali viewers around the world. It added that consular officials in Nairobi are in contact with local authorities to gather information.
Trade weakness has added to pressure on Xi's government to shore up economic growth and avoid politically unsafe job losses. Mr Trump also claimed Mr Xi had agreed that China would buy large amounts of USA agricultural goods.
"Mexico is doing great at the Border, but China is letting us down in that they have not been buying the agricultural products from our great Farmers that they said they would".
The chairman of Huawei said Friday that his company has yet to see any benefit from Trump's promise to ease restrictions on sales of components to the Chinese tech giant, which was put on a USA national security blacklist in May.
"They have not been buying the agricultural products from our great Farmers that they said they would", the president said on Twitter.
But data released on Thursday (July 11) by the US Department of Agriculture indicate that China actually slowed its purchases of American agriculture products following the G-20 meeting.
Trump's statement "highlighted how more speed bumps may remain in the road ahead", said Craig Orlam of OANDA in a report.
The app will try to organize activities based on users' geographical locations and interests, then make appropriate suggestions. This latest attempt at social networking comes out of Google's Area 120 , an in-house incubator for experimental projects.
Individuals acquainted with the task portray prototypes that explore with the assistance of a variety of PC vision cameras. This hardware is expected to create a market for Amazon thus enabling customers to buy Prime Video or Prime Music.
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It was expected to make landfall along the Louisiana coast - near Morgan City - on Friday night or early Saturday. New Orleans' network of drainage pumps, underground pipes and canals were overwhelmed earlier this week by rain.
While Starbucks aimed for a "tropical fruit flavor", one baristas described it as tasting more like "banana Laffy Taffy." The Tie-Dye Frappuccino is a citrusy orange flavour drink topped with creamy vanilla whipped cream - it's tie-dye for.
West Texas Intermediate crude futures were up 25 cents at $60.68 a barrel, having touched their highest since May 23 at $60.94. USA output is rising again after a brief drop from record levels, according to the EIA.
Area 51 is a mysterious place which is surrounded by numerous theories and myths related to aliens and UFOs, reports CNN . I just thought it would be amusing and get me some thumbsy uppies on the internet.
The president said that Acosta's deputy, Patrick Pizzella , will take the reins at the department's acting secretary. Announcing Acosta's resignation, he said: "Yes, I did have a falling out a long time ago".
China's trade with the United States plunged last month as a tariff war battered exporters on both sides of the Pacific Ocean. That left China with a trade surplus of $50.98bn last month, compared with a $41.66bn surplus in May.
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Follow our model for 'happy' Xinjiang, China tells West
They are demanding that China allow independent worldwide observers into the Xinjiang region, where the camps are located. A United Nations spokeswoman said at the time that the trip, including "full access to Xinjiang", was under discussion.
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Wildfire on Maui causes evacuations, burns 10000 acres
He wrote: "A big mahalo to @Oprah for giving @mauicounty access to your private road for use to assist in the #Mauifire ". However, due to the numbers of cancelled flights, there were more delays at Kahului airport on Friday.
Magnitude 4.6 earthquake shakes Seattle area
CBS News reports that the natural disaster was the largest in the Seattle area since a 6.1 quake in February 2001. The natural disaster happened at 2:51 a.m. local time in Three Lakes, Wa.
Roger Federer tops Rafael Nadal to make Wimbledon final
Djokovic overcame Spain's Roberto Bautista Agut 6-2, 4-6, 6-3, 6-2 earlier on Friday to reach his sixth Wimbledon final. Two more service holds put him within a set of victory and the Swiss turned the screw in the fourth set as Nadal faded.