Published: Sat, October 06, 2018
World News | By Sandy Lane

US Trade Relations May Now All Be Patterned After The Revised NAFTA

US Trade Relations May Now All Be Patterned After The Revised NAFTA

The app would "strengthen the Communist Party's censorship and compromise the privacy of Chinese customers, " Pence said.

Additionally, Pence warned of the influence by Chinese media outlets, warning that China Radio broadcasts in American cities, while China Global Television Network reached more than 75 million Americans.

"And that becomes just very, very hard to do". He said this week that "frankly, it's too early to talk" to China about trade reform - that it isn't yet ready.

Just last week, the Federal Reserve hiked the federal funds rate by 25 basis points as a result of a strong US economy, but market analysts are prognosticating that an escalation in the trade wars could give pause to the Fed's current rate-hiking policies moving forward as they could potentially stymie economic growth. Trump didn't provide much evidence to back up the accusation, pointing to an advertisement the Chinese government took out in an Iowa newspaper attacking the president's trade policies. The United States was given the power to oust either of the trading partners if they enter into a deal with China. The new round of tariffs from China are said to affect a list of 5,207 products within a range of 5 to 10% as both the US and China have already slapped each other with tariffs worth $50 billion total.

Troubling, Mastro added, the framing of China as a "meddler" in USA elections recreates the unhelpful "Cold-War ideological battle" which is not good for ongoing and future relations. The new treaty also offers much more protection for US intellectual property rights and digital technology.

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Pence also accused China of "reckless harassment" because of an incident on Sunday in which a US destroyer, the Decatur, traveled within 12 nautical miles of Gaven and Johnson Reefs in the Spratly Islands in the disputed South China Sea. In September previous year, in the middle of playing host to American trade negotiators to revive Nafta/USMCA, he flew to Xiamen to attend the 9th summit of the BRICS (Brazil, Russia, India, China, South Africa) nations.

Ken Neumann, national director of United Steelworkers, discusses why the union feels betrayed by Ottawa's inability to tackle US metal tariffs that still remain despite the negotiation of a revamped NAFTA. Canada was free to pursue deals with other countries, as it has done and is still doing.

Pence accused the Chinese of suppressing its citizens at home with the creation of "an unparalleled surveillance state", of brutally repressing religious minorities and of oppressing countries overseas through loan programs that favor Beijing and leave those nations beholden to China.

The Trump administration considered USMCA as a major achievement, changing the landscape of how it will conduct its business ties with the worldwide community, including China. But Pence said that a senior member of the intelligence community recently told him that "what the Russians are doing pales in comparison to what China is doing across this country".

In his speech, Pence said China has built up an "unparalleled surveillance state" that promotes online censorship and can track the populace.

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He accused China of "reckless harassment" because of an incident on Sunday in which a Chinese naval vessel almost collided with a U.S. destroyer, the Decatur, near the Spratly islands.

"Our government will continue to vigorously defend and advance Ontario's economic interests", Ford said.

"We must hear directly from the companies potentially affected by this devastating security breach to get a better understanding of what happened", he said.

The PBS NewsHour will update this story as it develops.

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