Nuclear warheads?
Miscellaneous News
- Thread starter bd popeye
- Start date
Hope not, because that would be bad news for everyone involve in the region. If the new America's Korean government can accept the nuclearize Japan, then I don't see why Kim's Korea is going to see any sense of stopping their missile development. In fact, Japan obtaining nuclear arsenal will be used by Kim as justifications to his nuclear, and missile program then can accuse America's Korea as nothing but imperialist lap dogs.
China Gets a Warning With U.S.-U.K. Tariff Deal, Raimondo Says
- U.S. and allies will confront subsidies, Commerce chief says
- Easing of duties may help supply chains amid high inflation
The agreement announced Tuesday, which will allow steel up to a certain level to be imported into the U.S. duty-free, includes a provision that any British steel company owned by a Chinese entity must undergo an audit of financial records to assess influence from China’s government and share the results with the U.S.
The measure is designed to monitor for unfair subsidies, prevent market-distorting practices and ensure a level playing field for American workers, Commerce Secretary Gina Raimondo said in an interview on Wednesday.
“This deal is a very strong signal to China that the U.S. and U.K. are committed to pushing back against China’s anti-competitive practices,” Raimondo said.
China is the world’s largest consumer and producer of steel and aluminum, accounting for more than half of the entire global markets.
The Trump administration imposed a 25% steel tariff, along with a 10% duty on aluminum imports, in March 2018 on a range of nations, using a national-security provision in a 1962 trade law. The European Union and the U.S. in October brokered a deal for Washington to ease those tariffs, but the tariffs remained on the U.K. due to the nation’s exit from the bloc.
The U.S. also reached a similar accord with Japan in February.
The deal with the U.K. also provides an important lift for American companies that use steel and aluminum as inputs at a time of high inflation, Raimondo said.
Firms “consume steel and aluminum, prices are high, and this is a good thing for the supply chain,” Raimondo said.
Non paywall source:
How dare we to finance our technical, scientific development and productive & industrial capacity with government money. That is a very unfair economic system according to the US trade and commerce hawks and their allies (EU & Japan & Australia). This is one albeit extremely important reason why we should stand shoulder to shoulder with Russia and any other political entity that has enough of the western hegemonism: they even wants to decide and craft our economic future and model.
Read this Twitter thread and documents about the 232 tarrif UK-US steel pact that was revealed last monday. That includes a discriminatory clausule to target and annually audit the financial records of all British steelmakers with Chinese ownership (British steel & Jingye Group) about the influence of PRC governmental money. This is one example how they use tarrifs and trade pacts with countries around the world to target China with oppressive rules and trade & investment containment.
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May be the West, and especially Australia/SCOMO, should now be more understanding of Russia's deep concern about Ukraine joining NATO. But unfortunately, they won't.
They certainly understand Russia's concern but they just refuse to recognize and respect it because of double standard.
It’s strange how Reddit doesn’t give 2 flying crap about this. Less then 100 upvotes. I guess Ukraine really is eating up everything because if this was 4 month ago it would be front page easy.
American war criminal Madeleine Albright dead means one less evil ghoul on this planet. Good riddance!
And they wonder why Jamaica doesn't want them to their heads of state any more.
