Trade with China....Tech or Other commerical products HAS been a ongoing problem for America... President Joe Biden on Wednesday issued an executive order banning U.S. investments flowing into China’s technology sectors, including semiconductors and microelectronics, quantum … [Read more...] about President Biden restricts US money for China Tech imports…..
US / China Trade
America imports Less from China these days…..
U.S. goods imports from China fell 25 percent during the first six months of 2023, the Commerce Department reported Tuesday, as companies looked to other countries to de-risk and diversify their supply chains amid rising friction between Washington and Beijing. The sharp decline … [Read more...] about America imports Less from China these days…..
CIA Director says China Military told to be able to invade Taiwan….
Week by week reports show the United States along with Asian countries are moving military chess piece in place to deal with such a action.... CIA Director Burns doesn't think an invasion is imminent .... But cautions that in sevral years? China COULD get REALLY serious … [Read more...] about CIA Director says China Military told to be able to invade Taiwan….
Biden admin will keep China tariffs…
This a place where the Biden admin will go along with Trump policy..... It appears that our worries about the effect of the tariff 's on American prices have been negligible .... China has tariffs on American good also.... U.S. Trade Representative Katherine Tai said the … [Read more...] about Biden admin will keep China tariffs…
Biden admin tries to slow China/US Business moves as US Firm works for it….
The Biden admin is in a tough spot.... It IS worried that the amount of US money that the Chinese trade with America is against this countries national security interests .... In simple terms? China IS making this country's economic well being MORE dependent on … [Read more...] about Biden admin tries to slow China/US Business moves as US Firm works for it….
Joe Biden is gonna have to be tough on China….
This IS one thing that President Biden is going to have follow in Donald Trump stops..... But... Get tougher.... And that includes in the area of Trade whereto two countries are tied tougher ... Congress is poised to hand the incoming Biden administration a new … [Read more...] about Joe Biden is gonna have to be tough on China….
Trump appears to back up on some aspects to his China Trade War….
In an off the cuff remark he expressed regret that the whole thing has gotten so big..... His staff had to add that he should of gone bigger.... (Trump has delayed some of his tariff raising threats as China goes toe to toe each one) But that is NOT what he … [Read more...] about Trump appears to back up on some aspects to his China Trade War….
Trump threatens to use the law to bar American companies from China…
It turns out that a American President CAN bar companies from doing business with a targeted foreign country... The law, the International Emergency Economic Powers Act of 1977 was passed to target criminal or terrorist organiztions, or regimes like ISIS or Al … [Read more...] about Trump threatens to use the law to bar American companies from China…