Monday, 14 October, 2019

US, China resume trade talks in Washington

US Mulls Currency Accord With China in Partial Trade Deal - Report Deal on currency and Huawei? Speculations on US-China trade talks rock markets
Steven Clarke | 11 October, 2019, 04:45

With expectations for this week's talks low, Trump said in a tweet Thursday: "Big day of negotiations with China".

But pressure on the two sides to defuse the confrontation has mounted in recent weeks as signs have grown increasingly clear the trade war - now more than a year old - poses a mounting danger to the global economy. After days of gyrations, however, Wall Street was still in the red for the week toward 1500 GMT.

Donald Trump hinted at progress in his high-stakes trade battle with China.

Chinese Vice Premier Liu He is on the wires now, via Xinhua, making some comments amidst the trade talks with his USA counterparts. The Australian dollar strengthened overnight against the USA currency partially due to market speculation about a potential United States currency pact with China to stop devaluation.

The South China Morning Post (SCMP) sent USA stock futures into a tailspin, reporting that the negotiations had reached an impasse with "no progress", and that Liu "may leave earlier than expected". "They want to make a deal, but do I?"

White House officials soon responded to the report, however, dismissing any rumors that Liu had plans to leave Washington early and assuaging some of the fears.

The measures have outraged Beijing and in the process penalized major players in the artificial intelligence sector, in which the U.S. and China are intense rivals.

He is as usual engulfed in turmoil, facing Democrats' intensifying impeachment probe and stinging criticism from Republicans for effectively allowing a Turkish assault on US-allied Kurds by pulling American forces away from the border in northeast Syria.

JT of City Girls Celebrates Her ‘First Day Out’ on New Song
City Girls released their debut album Period in 2018, followed by their sophomore LP G I R L C O D E later that year. According to her entry on the federal government's inmate locator, her release date is set for March 21, 2020.

"I will say I think it's going really well", Trump told reporters, offering no details. Dow futures had dropped more than 300 points after the South China Morning Post reported following Wednesday's market close that the Chinese delegation sought to return to Beijing after just one day of talks because of the lack of progress.

Earlier in the week, firebrand White House trade adviser Peter Navarro told NPR that Trump was uninterested in half measures, showing "steely resolve" instead. Chinese officials said the action interfered with China's sovereignty.

The agenda for the talks includes structural reforms to China's economy, such as how its currency is regulated.

China's purchases of U.S. soybeans jumped in September after stagnating during the summer.

China is willing to reach agreement on matters both sides care about.

U.S. central bankers believe the trade war is raising the chances the United States could slip into recession. That would extend to import taxes to virtually everything China ships to the United States.

Both sides should not escalate disputes or they will drift apart, said a second Beijing-based Chinese official briefed on the talks this week.

Recommended

Kurds mobilize in Syria as Turkey poised for imminent attack Kurds mobilize in Syria as Turkey poised for imminent attack Yesterday, we saw USA troops, but this time they were on their way out of the area, and that terrified people", he said. The Defense Department had also posted photos of SDF fighters withdrawing from the area and dismantling fortifications.

Ecuadorian President Moreno Declares Curfew in Governmental Districts Ecuadorian President Moreno Declares Curfew in Governmental Districts Correa denies allegations that he is trying to instigate a coup and says he and his allies are victims of political persecution. Presidential spokesman Juan Sebastian Roldan said early Tuesday that 570 demonstrators have been arrested so far.

Johnson urges Trump to reconsider crash case stance Johnson urges Trump to reconsider crash case stance British Prime Minister Boris Johnson urged Trump to reconsider a decision to let the wife use diplomatic immunity. He noted that Brits drive on the left side of the road, while in the USA , people drive on the right side.

Steam Remote Play Together Lets Players Do 'Local' Co-op Online Instead Steam Remote Play Together Lets Players Do 'Local' Co-op Online Instead That would seem to indicate it's not going to require any extra work from developers, which is always nice to see. If their pal accepts the invitation, the game is run through the host's computer and they begin playing together.

Julius Randle, coach David Fizdale react to Kevin Durant's Knicks shade Julius Randle, coach David Fizdale react to Kevin Durant's Knicks shade Whether or not Durant meant any harm by those comments, he caused a reaction from the Knicks and the fans-almost too easily. Over the summer, Durant chose to sign with the Nets in July on a four-year contract worth $164 million.

Neymar becomes youngest to hit 100 Brazil caps in friendly draw Neymar becomes youngest to hit 100 Brazil caps in friendly draw The 27-year-old is Brazil's third-highest goalscorer of all time and now sits just one strike behind legendary frontman Ronaldo. Ismaila Sarr and Mane both had chances to snatch the game for the Lions of Teranga.

Women attend first match in decades Women attend first match in decades Amnesty International called Thursday's decision "a cynical publicity stunt by the authorities meant to whitewash their image". In October, as many as 100 Iranian "handpicked" women entered Azadi for a friendly against Bolivia.

Virat Kohli reacts funnily to Kagiso Rabada’s four overthrows in Pune Virat Kohli reacts funnily to Kagiso Rabada’s four overthrows in Pune Agarwal was sublime from thereon, following up his 203 in last week's first Test with another composed 108. Having received one easy boundary, Kohli was seen showing thumbs up to the South African fielders.

There's a Breaking Bad Pop-Up Restaurant to Opening in Los Angeles There's a Breaking Bad Pop-Up Restaurant to Opening in Los Angeles A few samplings of his unique refresher: "We cook meth in a Winnebago, I say "bitch" a lot, we kill some people with science". According to the official logline, "Jesse must come to terms with his past in order to forge some kind of future".

Kim Kardashian says Prince Harry and Duchess Meghan are 'changing the world' Kim Kardashian says Prince Harry and Duchess Meghan are 'changing the world' Prince Harry and Ed Sheeran will reveal all about their new project on October 10 (UK time ). "It's like looking in the mirror". In the short piece of footage, Sheeran, 28, presses the doorbell, which rings to the tune of God Save The Queen .

Errol Spence in "serious condition" after Dallas vehicle crash Errol Spence in CBS 11 further reported that authorities are investigating, as to whether drugs or alcohol may have been a factor in the crash. A Dallas Police statement said: "At 2:53am a Ferrari traveling at a high rate of speed northbound in the 500 S.

Reliance Jio vs Airtel: Why operators are fighting over interconnect usage charges Reliance Jio vs Airtel: Why operators are fighting over interconnect usage charges The 6 paise is the current Interconnect Usage Charge ( IUC ) fixed by the Telecom Regulatory Authority of India ( TRAI ). As fixed by the Telecom Regulatory Authority of India (TRAI), operators can charge 6 paise per minute as IUC.

OnePlus 7T and 7T Pro event: what to expect OnePlus 7T and 7T Pro event: what to expect While the 8GB+128GB Glacier Blue model is priced at Rs 37,999, the Frosted Silver colour variant costs the same. The special McLaren edition is likely to offer bumped up RAM, storage, and faster charging capacity.

Aer Lingus flight grounded by climate protester Aer Lingus flight grounded by climate protester A spokesman for London City Airport said as of 09:15 BST more than 60 flights which had either arrived or departed. London City airport has been targeted over its expansion plans, as well as the noise pollution to local residents.

Mark Zuckerberg to Testify Before Congress Over Libra’s Impact Mark Zuckerberg to Testify Before Congress Over Libra’s Impact The company helped form a new organization, called the Libra Association, that's incorporated in Switzerland and would manage the currency.