•   
  •   
  •   

World Trump’s Attacks on China Reach New Peak of ‘Pent-Up’ Grievances

00:27  08 august  2020
00:27  08 august  2020 Source:   bloomberg.com

China says U.S. fuelling new Cold War due to presidential election

  China says U.S. fuelling new Cold War due to presidential election China says U.S. fuelling new Cold War due to presidential electionLONDON (Reuters) - China on Thursday accused the United States of stoking a new Cold War because certain politicians were searching for a scapegoat to bolster support ahead of the U.S. presidential election in November.

Trump ’ s Attacks on China Reach New Peak of ‘ Pent - Up ’ Grievan Trump ’ s administration has stepped up its campaign against China in recent weeks, betting that a hard line against Beijing will help him win November’s election despite upsetting millions of younger TikTok users.

President Donald Trump signed a pair of executive orders prohibiting U. S . residents from doing any business with TikTok, WeChat or the apps’ Chinese owners beginning 45 days from now, citing the national security risk of leaving Americans’ personal data exposed.

(Bloomberg) -- Donald Trump’s rapid-fire escalation of attacks on China -- from bans of WeChat and TikTok to sanctions on Hong Kong’s top official -- underscores that he’s dropped past restraint and decided to make confronting Beijing his priority less than 90 days before the U.S. election.

Donald Trump sitting in front of a laptop: U.S. President Donald Trump. © Bloomberg U.S. President Donald Trump.

The president’s increasingly aggressive stance has opened the door for hard-liners in the administration to push policies delivering on their long-held conviction that Communist Party leaders are bent on world domination, and that successive U.S. administrations underestimated the China threat.

China: US politicians stoking 'new Cold War' ahead of election

  China: US politicians stoking 'new Cold War' ahead of election China accused the U.S. of fueling a “new Cold War,” saying certain politicians are hammering Beijing to gain an edge ahead of the presidential election in November. In a press conference Thursday, China's ambassador to London, Liu Xiaoming, pointed to the trade war between Washington and Beijing in his accusations that the U.S. was the one stoking animosity as tensions skyrocket between the two superpowers."It is not China that has become assertive. It's the other side of the Pacific Ocean who want to start new Cold War on China, so we have to make response to that," Liu told reporters.

President Donald Trump says he is looking at the claims that Beijing is hacking into virus information. This comes as the US places strong suspicion on China over the COVID-19 coronavirus.

Donald Trump ’ s campaign aides expected months ago that Democrats would try to impeach the president — and he needed a way to exploit it. The push demonstrates how Trump , in less than three years in office, has perfected a grievance machine that converts deep-seated outrage on the

“A dam has broken in the Trump administration, releasing all the pent-up ideas about how to escalate conflict with China,” said Graham Webster, China Digital Economy Fellow at the New America think tank. “It’s both a race to change facts on the ground and cement a durable enmity and a tool to distract from things that could damage Trump re-election prospects.”

The U.S. ordered the closing of China’s consulate in Houston in July, alleging that it had become a hub of espionage and intellectual property theft.

Then, Secretary of State Michael Pompeo, among the administration’s most vocal China hard-liners, signaled a new push on Wednesday as he urged a “Clean Network” initiative calling for app stores like those run by Apple Inc. and Google to bar any “untrusted” Chinese apps and said U.S. data shouldn’t be stored by Chinese cloud-computing companies.

Trump to Order China’s ByteDance to Sell TikTok in U.S.

  Trump to Order China’s ByteDance to Sell TikTok in U.S. President Donald Trump plans to announce a decision ordering China’s ByteDance Ltd. to divest its ownership of the popular U.S.-based music-video app TikTok, according to people familiar with the matter. © Bloomberg TikTok The U.S. has been investigating potential national security risks due to the company’s control of the app, and Trump’s decision could be announced as soon as Friday. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

President Donald Trump launched a blistering attack on Beijing Friday, naming misdeeds that "This week China unilaterally imposed control over Hong Kong security," Trump said Friday, calling it "a plain violation Some former officials said Trump ' s response could end up hurting Hong Kong's residents.

The escalating campaign by President Donald Trump and his allies against the Russia investigation hit a new peak of intensity Monday. The administration has spent weeks cranking up scrutiny on career FBI and Justice Department officials, claiming the Mueller probe is biased against Trump , apparently

Late Thursday, Trump issued executive orders aimed at barring the Chinese-owned TikTok and WeChat in the U.S. On Friday, the U.S. sanctioned Carrie Lam, the top official in Hong Kong, and 10 other Hong Kong and Chinese officials Pompeo said contributed to “brutal oppression” of the city’s people.

Still pending: action on a recommendation Thursday from a high-powered group of U.S. regulators that stock exchanges set new rules that could trigger the delisting of Chinese companies.. The administration argues that American investors could be exposed to fraud because Beijing refuses to allow Washington regulators to inspect the audit papers of companies based in mainland China and Hong Kong.

More About Trump’s Actions on China:

U.S. Sanctions Hong Kong’s Carrie Lam Over China Crackdown Trump’s WeChat Ban Brings China Cold War Into a Billion HomesHighest-Level U.S. Trip to Taiwan in Decades to Challenge ChinaU.S. Moves to Tighten Regulations for Chinese Stock Listings

And China is sure to be infuriated by what’s next: Alex Azar, the secretary of Health and Human Services, is expected to arrive in Taiwan within days in the highest-level visit by a U.S. cabinet official since Washington cut ties with Taipei more than 40 years ago.

Trump says he's considering executive action to suspend evictions, payroll tax

  Trump says he's considering executive action to suspend evictions, payroll tax President Trump said Monday that he is considering taking executive action to halt evictions and suspend payroll tax collection as coronavirus relief talks see slow progress on Capitol Hill."I could do that if I want, and I want to do that. I don't want people to be evicted," Trump told reporters at a press conference Monday evening when asked about his suggestion earlier in the day that he could act unilaterally to suspend evictions.Trump"I could do that if I want, and I want to do that. I don't want people to be evicted," Trump told reporters at a press conference Monday evening when asked about his suggestion earlier in the day that he could act unilaterally to suspend evictions.

Mr. Trump , who made getting tough on China a centerpiece of his campaign, has often talked about challenging what he believes are its unfair trade practices. Senator Chuck Schumer of New York, the Democratic leader, tweeted, “If the administration goes through with this reported deal, President

President Donald Trump reportedly intents to use a provision in the Trade Act of 1974, which would allow him to slap tariffs and other barriers on "The China -US trade relationship is… mutually beneficial. Cooperation would benefit both sides and fighting would hurt both," ministry spokesman

The successive moves have brought U.S. policy a long way from earlier in Trump’s term, when he bashed China as exploiting the U.S. on trade policy while often praising the leadership of President Xi Jinping as he sought the ultimate prize of a new trade deal with Beijing.

That all changed as Trump -- faltering in his response to the coronavirus, no longer able to boast of a surging U.S. economy and falling in polls of his re-election campaign against Joe Biden -- began to blame Beijing for allowing the global spread of what he calls “the China virus.”

Enduring Rift

The president’s new tone dovetailed with a deeper determination among hawkish advisers like Pompeo and economic adviser Peter Navarro that now is the time to lock in a laundry list of new restrictions against China. Unspoken is that the rift would endure even if Trump loses in November.

“The Chinese have to be held accountable on their bad behavior during the pandemic, their bad human rights records, what they’re doing militarily in the South China Sea,” Trump economic adviser Larry Kudlow said on Bloomberg Television on Friday.

Trump camp: China, Iran want president to lose because he's 'held them accountable'

  Trump camp: China, Iran want president to lose because he's 'held them accountable' The Trump campaign responded to revelations that China and Iran are hoping he loses reelection in November, saying the president is facing resistance form the countries because he is working to hold them "accountable."The remarks came after intelligence officials revealed that while China and Iran want Trump to lose, Russia is working to "denigrate" presumptive Democratic nominee Joe Biden."The intelligence community's assessment that bothThe remarks came after intelligence officials revealed that while China and Iran want Trump to lose, Russia is working to "denigrate" presumptive Democratic nominee Joe Biden.

US President Donald Trump has vowed to prohibit the Chinese -owned video sharing platform TikTok in the United States, saying that he might do this Amid a lingering trade spat that nearly escalated into a tariff war last year, the US has also taken aim at Chinese telecom Huawei, arguing the company is a

Republican strategist Jennifer Horn was up at 1 o'clock Tuesday morning writing an op-ed when she saw it: An angry tweet mentioning her by name from the

Pompeo made clear the depth of the U.S. hostility toward China last month in a speech that critics said had echoes of the “red peril” imagery that defined the narrative around the Cold War with the Soviet Union. Pompeo warned that Xi was bent on global hegemony and the U.S. risked losing out.

“Securing our freedoms from the Chinese Communist Party is the mission of our time,” Pompeo proclaimed at the Richard Nixon presidential library in California. It was effectively a disavowal of Nixon’s historic opening to China.

China’s Bans

The administration’s conviction about China’s abuses -- and its intention to equal or surpass the U.S. as a global power -- is widely shared among American analysts. After all, China has banned U.S. apps such as Facebook, Twitter and Google for years, and it has built out islands in the South China Sea. Millions of Uighurs in China’s Xinjiang province have been confined to what amount to internment camps. And it has slowly strangled what was left of Hong Kong’s political autonomy.

At the same time, U.S. allies in Europe haven’t been nearly as willing to follow the U.S. in its more antagonistic approach, arguing that the best approach is to confront China where necessary while cooperating where possible -- on issues such as counterterrorism, climate change and nonproliferation.

Hong Kong exports to US will need 'made in China' label, Trump administration says

  Hong Kong exports to US will need 'made in China' label, Trump administration says Exports to the U.S. from Hong Kong may soon have to be specially marked to indicate their Chinese origin as the U.S.'s special relationship with the former British colony comes to an end.Reuters reported Tuesday that the Trump administration posted a "made in China" marking requirement for all exports from Hong Kong, the latest move aimed at the region by U.S. regulators following the passage of a new national security law that experts say reduces Hong Kong's sovereignty and brings it closer to mainland China. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

‘Parade of Outrage’

“This endless parade of outrage only serves to highlight the fact that the administration has been unable to induce or coerce China into changing its behavior,” said Daniel Russel, former assistant secretary of state for East Asia and the Pacific, who’s now vice president at the Asia Society Policy Institute. “Chinese don’t see an incentive in restraint.”

China, which has mostly kept to vague warnings of retaliation for U.S. restrictions, has plenty of cards to play. Apple sells many of its devices in China and depends on the country for much of its supply chain. And China holds more than $1 trillion in U.S. treasuries, which it could offload.

Trump still hasn’t taken some actions that would be likeliest to rebound, damaging the U.S. economy and unraveling the phase one trade accord with China.

“This is a very complicated calculus for Beijing,” said Michael Hirson, an analyst with New York-based Eurasia Group and formerly the U.S. Treasury Department’s chief representative to Beijing. “China would prefer to wait for the election to pass and to start fresh, ideally with a Biden administration but even with Trump in his second term.”

For more articles like this, please visit us at bloomberg.com

©2020 Bloomberg L.P.

U.S., China Postpone Weekend Talks on Trade Deal .
The U.S. and China are postponing talks planned for over the weekend that had been aimed at reviewing progress at the six-month mark of their phase-one trade agreement, people familiar with the matter said. © Bloomberg Liu He, China's vice premier, listens during a meeting with U.S. President Donald Trump, not pictured, in the Oval Office of the White House in Washington, D.C., U.S., on Friday, Oct. 11, 2019. The U.S. and China agreed on the outlines of a partial trade accord Friday that Trump said he and China's Xi Jinping could sign as soon as next month.

—   Share news in the SOC. Networks
usr: 88
This is interesting!