Beijing will defend itself in U.S. trade war, says Chinese ambassador

Donald Trump

Donald Trump

US President Donald Trump said Sunday that China, under pressure due to his policies, wanted to have a trade deal with him, but he told them a week ago that they were not ready yet.

"I think I'm very tough with him (Putin) personally, I had a meeting - the two of us - it was a very tough meeting and it was a very good meeting", said President Trump.

Industry experts are predicting that assets from emerging markets will be bouncing back in 2019 as tensions from the trade war between the U.S. and China are expected to ease.

Trump has begun accusing China of meddling in U.S. elections only recently and in connection with Beijing's selective targeting of his voter-base for retaliatory measures against tariffs imposed by Trump on Chinese imports.

"I don't pledge anything", Trump said.

Mr Trump has levied billions of dollars in tariffs on Chinese imports as he presses Beijing to change restrictive trade practices that he says unfairly hurt American businesses and innovators. He has threatened to add more.

US National Security Adviser John Bolton said furing a raio interview aired on Friday that the major issue of the 21st century for the United States is China due to its ability to build economic and military power while violating worldwide norms.

Australia Mulls Following U.S. on Jerusalem Embassy Move, Recognizing Israel's Capital
S., which had already moved its embassy to Jerusalem. "I have made this decision without any reference to the United States". Israel regards all of the city, including the eastern sector that it annexed after the 1967 Middle East war, as its capital.

He doubled-down on his accusation that Russian Federation meddled in the 2016 election, but insisted China also interfered and poses a bigger threat than the Kremlin.

Trump stated, "The thing I've really learned is I never knew how dishonest the media was and I really mean it". They've made too much money for too long. "I think it's a very unfair investigation because there was no collusion of any kind", he said. Trump said yes, to which Colbert asked, "Are you ever going to tell the truth?" In retaliation, Chinese President Xi Jinping raised duties on US$60 billion worth of products from America, which strengthened speculation that the end of the trade war is not yet in sight.

US Secretary of Homeland Security Kirstjen Nielsen said on Wednesday that China has launched an unprecedented campaign to influence the opinions of Americans, however, Beijing has not yet attacked US election systems. We've gained $11 trillion in worth.

A truce between the U.S. and China would help assets from emerging markets all over the world. "And economically, we blow everybody away", he asserted.

In a recent interview with National Public Radio, Cui said the United States has "not sufficiently" dealt in good faith with the Chinese on trade matters, saying "the U.S. position keeps changing all the time so we don't know exactly what the USA would want as priorities".

Kathy Jones, the chief fixed income strategist at Charles Schwab, said, "any indication that the United States and China are resolving trade differences would likely be good for EM assets", especially Asian stocks.

Recommended News

  • 27 injured as hurricane-force winds batter Portugal

    27 injured as hurricane-force winds batter Portugal

    Branches of trees are seen on a street at Benfica neigborhood as hurricane Leslie goes past in Lisbon, Portugal October 14, 2018. The A1, the main motorway running through Portugal, was temporarily blocked by a fallen tree, authorities said .
    €50m Jadon Sancho on radar

    €50m Jadon Sancho on radar

    I couldn't ask for anything better than that. "It would be a dream come true to play". One report has claimed that he could become a £100 million player.
    Weather warning as Storm Callum approaches

    Weather warning as Storm Callum approaches

    Ireland will bear the brunt of the storm, but gusts of 80mph are expected in parts of Scotland, with up to 10cm of rain falling. Strong winds are expected to arrive across Northern Ireland during Thursday night, continue to spread by Friday morning.
  • USA  treasury secretary wavers over Saudi trip after Khashoggi disappearance

    USA treasury secretary wavers over Saudi trip after Khashoggi disappearance

    Khashoggi entered the Saudi consulate in Istanbul on October 2 to get documents for his forthcoming marriage. Both Turkey and Saudi Arabia are important United States allies in the region.
    Pixel 3 vs Pixel 3 XL, Which One Should You Buy?

    Pixel 3 vs Pixel 3 XL, Which One Should You Buy?

    But if I were shopping for a larger phone, I'd look to the iPhone XS Max or the forthcoming iPhone XR, rather than the Pixel 3 XL. Google also rolled out a new device called Home Hub that couples a small display screen with an Internet-connected speaker.
    Joint Turkish-Saudi team to investigate journalist's disappearance

    Joint Turkish-Saudi team to investigate journalist's disappearance

    Last year, the United States and Saudi Arabia signed an arms deal under which the kingdom would purchase $110 billion in weapons. Meanwhile, Saudi Arabia on October 9 invited Turkish experts and relevant officials to visit its Istanbul consulate.
  • Khabib Nurmagomedov Calls Out Floyd Mayweather

    Khabib Nurmagomedov Calls Out Floyd Mayweather

    Subscribe to my podcast In This Corner with Brian Campbell where we break down everything you need to know in the Octagon . In addition, Mayweather has teased at the possibility of a tune-up fight in December that would take place in Tokyo.
    'Saturday Night Live' cold open sat Donald Trump down with Kanye West

    'Saturday Night Live' cold open sat Donald Trump down with Kanye West

    Bebe Cool has also informed Kanye West that every local musician wants a collaboration with him but they are too shy to speak up. It was more like 'Ye seized the moment to launch into a self-serving monologue.
    Astros and Red Sox will square off in the 2018 ALCS

    Astros and Red Sox will square off in the 2018 ALCS

    The Red Sox are back in the ALCS for the first time since 2013, when they won the World Series in six games over the Cardinals. For the second straight night, Yankees rookie manager Aaron Boone hesitated to remove his starting pitcher early.
  • Usain Bolt wants Mariners stay after two-goal display

    Usain Bolt wants Mariners stay after two-goal display

    His touch on the ball and ability to evade defenders is still very much a work in progress, as is his positioning and vision. His second goal came in the 68th minute when he took advantage of a defensive blunder and tapped in an empty-netter.
    Khashoggi case: U.S.  intel points to Saudi Arabia, says Graham

    Khashoggi case: U.S. intel points to Saudi Arabia, says Graham

    But senior members of Congress with access to US intelligence reporting feared the worst. He went in, and it doesn't look like he came out.
    Michael Charges into Southeast after Slamming North Florida

    Michael Charges into Southeast after Slamming North Florida

    Michael is making its way northeast toward Georgia and the Carolinas at about 14 miles per hour (22.5 km/h). Unusually warm waters in the Gulf of Mexico turbo-charged the storm from a tropical depression on Sunday.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.