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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (187271)	5/4/2022 4:38:35 PM
From: TobagoJack	Respond to of 218866

Re <<Tariff … China>> It seems that … … the RNC understands why CCP China China China does not cooperate, whereas … the DNC puzzles over why CCP China China China does not cooperate The Alaska meeting seems to have never happened, which then raises a question, ‘why bothered?’ In the meantime suspect Bloomberg believes China is ‘alarmed’, whereas China seems to be just carrying on. Perhaps Trump return would change the script. One would think one of the two scripts tee-ed up by DNC / RNC might work out. bloomberg.com Biden’s China Policy Is Poised for Re-Airing, Not a Refresh Blinken speech Thursday may shed little light after 16 months U.S., China ties hitting new roadblocks over war in Ukraine Jenny Leonard May 5, 2022, 3:58 AM GMT+8 Joe BidenPhotographer: Ting Shen/Bloomberg The unveiling of President Joe Biden’s detailed strategy toward China -- delayed by internal deliberations, Covid-19 and the Ukraine conflict -- will have to wait even longer. Despite anticipation over how the U.S. sees relations between the world’s two biggest economies developing, Secretary of State Antony Blinken is likely to offer little that’s new to help guide policy makers, analysts and markets in a speech he was meant to deliver, according to people familiar with his planned remarks who spoke on condition of anonymity in advance of the event. The address was scheduled for Thursday but was delayed after Blinken tested positive for Covid-19. After months of setbacks, including White House wrangling over whether to undercut inflation at home by lifting tariffs on Chinese imports, administration officials have struggled behind the scenes to articulate a positive approach toward a nation they say is America’s biggest long-term challenge -- including a compelling economic vision for the Asia-Pacific region and areas where the two powers might be able to cooperate. Instead, the top U.S. diplomat is expected to focus his remarks at George Washington University on the need to build up U.S. strength at home through domestic investments, as well as emphasizing the importance of partners and allies. While those are all issues officials have flagged previously, they don’t help answer basic questions such as what economic vision they offer and on how the U.S. and China can collaborate on some issues. How U.S. Is Targeting Chinese Firms for Delisting: QuickTake Blinken’s address will closely follow the administration’s classified China strategy, according to the people. But the lack of detail is the clearest sign yet that the relationship Blinken outlined in March 2021 as one that would be “competitive when it should be, collaborative when it can be, and adversarial when it must be,” has only become more complicated. As a result, the international components of Blinken’s speech are expected to focus on the administration’s Indo-Pacific Economic Framework, a set of trade principles the administration hopes to promote in the region in lieu of a politically unpalatable free trade agreement, the people said. White House Indo-Pacific coordinator Kurt Campbell said in January that the U.S. needs to “step up its game” on economic engagement in Asia. The U.S. is aiming for the pact to include digital issues such as data localization and cross-border data flows, as well as rules for labor, the environment and climate change, deputy U.S. Trade Representative Sarah Bianchi said in February. Democrats and Republicans have criticized the plans as lacking ambition. The framework plans aren’t “as robust as I think we need,” Senator Bob Menendez of New Jersey, a Democrat who heads the Foreign Relations Committee, said in March. Why China’s 2022 Party Congress Will Be a Landmark: QuickTake Early this year, the U.S. and many Western nations hoped that Russia’s invasion of Ukraine would prompt Beijing to reconsider its policy of friendship with “no limits” toward Moscow, reached just before the war began. In the early weeks of the war, the conflict appeared to put Beijing -- long a champion of the principles of territorial integrity and non-interference -- in an awkward spot. Since then, the U.S. and its allies have watched with frustration as China failed to support efforts at the United Nations to criticize Russia’s invasion, responding instead with what Western officials have said is Russian disinformation and implicit support for Moscow’s actions even while stopping short of meaningful aid to President Vladimir Putin’s war effort. Beijing, in turn, has warned the U.S. against expanding its web of sanctions over the Ukraine war to include Chinese companies or banks doing business with Russia, while doubling down on the alliance with Moscow. Russia and China are committed “to developing a new model of international relations,” Foreign Ministry spokesman Zhao Lijian said late last month. China, meanwhile, has continued to eye America’s alliance-building in Asia, including support for Taiwan, with alarm. Officials say such efforts -- including strengthening the Quad bloc with Japan, India and Australia -- represent a “Cold War mentality” that only serves to raise tensions. Foreign Minister Wang Yi said in March that such efforts are “doomed to fail.” (Updates with speech delayed from second paragraph) Sent from my iPad

To: Snowshoe who wrote (187271)	5/4/2022 4:53:54 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218866

Re <<Tariff … China>> … countdown, either tariffs remain or vaporize … In the mean time trade is robust. Also, Shanghai port should open for normal biz the moment Team Biden makes up mind on what to do w/r to tariff policy in relationship to China China China, a guess. Dress-rehearsal successful, it seems. China should open the port irrespective of whether US tariffs remain. Think China wants to see if Team USA does rug-pull on allies w/r to trade war. scmp.com scmp.com bloomberg.com U.S. Trade Deficit Swells to Record as Goods Imports Surge Goods, services gap widened 22.3% to $109.8 billion in March Imports of merchandise approached $300 billion in the month Ana Monteiro May 4, 2022, 8:51 PM GMT+8 Trucks enter and exit the Port of Los Angeles in Los Angeles, California. Photographer: Bing Guan/Bloomberg The U.S. trade deficit widened to a record in March, reflecting a surge in imports as companies relied on foreign producers to meet solid domestic demand. The gap in goods and services trade grew 22.3% to $109.8 billion, Commerce Department data showed Wednesday. The median estimate in a Bloomberg survey of economists called for a $107.1 billion deficit. The figures aren’t adjusted for inflation. In the first quarter, the widening of the trade deficit largely explains the economy’s worst performance since the pandemic recovery, with gross domestic product shrinking at a 1.4% annual pace. That’s because the value of products American businesses and consumers bought from overseas outpaced purchases of U.S. goods and services by other economies. Net exports subtracted 3.2 percentage points from first-quarter GDP, government figures showed last week. An improvement in the trade shortfall any time soon will be difficult as U.S. demand exceeds economic activity in many other nations. Severe lockdowns in China to curb the spread of Covid-19 further complicates the trade picture. Activity at some ports slowed sharply, further straining already-tenuous global supply chains. The value of imports of goods and services rose 10.3% in March to $351.5 billion and exports increased 5.6% to $241.7 billion. Both values were records. U.S. merchandise imports grew 12% to a record $298.8 billion, reflecting a surge in the value of industrial supplies that include petroleum. Energy prices rallied in the month after Russia’s invasion of Ukraine. Imports of consumer goods, capital equipment and automobiles also increased. On an inflation-adjusted basis, the March merchandise-trade deficit widened 18.9% to a record $137.8 billion. Digging Deeper The nominal merchandise-trade deficit widened to $128.1 billion Travel exports -- or spending by visitors to the U.S. -- rose slightly to $8.4 billion Travel imports, a measure of Americans traveling abroad, climbed to $7.5 billion, the highest since the start of the pandemic Petroleum imports increased to $24.8 billion, the highest since 2014 Value of imported industrial supplies rose to the highest since 2008, capital goods reached a record — With assistance by Chris Middleton (Adds graphic) Sent from my iPad

To: Snowshoe who wrote (187271)	5/4/2022 10:24:18 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218866

Looks like inflation shall continue unabated, and mathematically accelerate bloomberg.com U.S. Considers Unprecedented Sanctions on China Tech Giant Hikvision 5 May 2022, 08:45 GMT+8 Hangzhou Hikvision Digital Technology Co. headquarters in Hangzhou, China. Photographer: Qilai Shen/BloombergShares of Hangzhou Hikvision Digital Technology Co. tumbled by as much as 10% as the U.S. considers imposing new sanctions on surveillance-technology giant, potentially the harshest measures so far against a major Chinese company. The Biden administration is weighing whether to add the maker of cameras and surveillance systems to its Specially Designated Nationals and Blocked Persons List, according to people familiar with the situation. The sanctions would be related to alleged human-rights violations by China against Muslim minorities in its far-Western region of Xinjiang. A final decision is unlikely this month, said one of the people, who declined to be identified as a decision isn’t finalized. Hikvision’s stock fell as low as 38.24 yuan a share in Shenzhen after the holiday break. Hikvision was already blacklisted by the U.S. in 2019 along with seven other Chinese technology giants, making it more difficult for it to do business with American companies. But the more severe sanctions under consideration would not just bar Americans from doing business with the company but also make its global customers potential targets of U.S. action. The Financial Times earlier reported on the U.S. deliberations. Hikvision said in a statement Wednesday it will comply with applicable laws wherever it operates. “The potential action by the U.S. government, as reported, remains to be verified,” it said. “We think any such sanction should be based on credible evidence and due process, and look forward to being treated fairly and unbiasedly.” A representative for the U.S. National Security Council said it does not preview future sanctions. What Secondary Sanctions Mean, for Russia and World: QuickTake Hikvision found itself in the cross-hairs of the Trump administration in 2019 after it joined other Chinese companies -- including Huawei Technologies Co. -- on an Entity List that prevents American firms from supplying it with components and software. The fresh, tougher sanctions would take the Biden administration’s economic war against China in a new direction: it would be the first time a Chinese technology company has been added on the SDN list. It deals a potentially heavy long-term blow against Hikvision, as companies and governments around the world would be forced to reconsider their relationship with the camera provider. Hikvision, whose cameras are used by agencies and corporations across Europe and Asia, is among the companies Beijing is counting on to spearhead advances into artificial intelligence. The company doesn’t play a major a role in those ambitions but it’s a key partner to Beijing as well as other governments. Its cameras have been used in cities from Paris to Bangkok, and are considered pivotal to crime prevention as well as helping build “smart cities” or networked urban environments. Thanks to cheap but capable cameras, the Chinese company has enjoyed rapid growth in recent years. Demand for its surveillance cameras, video storage and data analysis services has boomed particularly in its home market. Overseas, the company competes against Canon, Hanwha Techwin and Bosch. (Updates with shares from first paragraph)