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Media Report
August 03 , 2018
  • CNBC reports: "China is preparing to retaliate in the escalating trade war with tariffs on about $60 billion worth U.S. goods. The import taxes would range in rates from 5 percent to 25 percent, the Chinese government said. There are four lists of goods, one for each of the rates proposed. Many of the goods are agricultural-related, with others on various metals and chemicals. "The implementation date of the taxation measures will be subject to the actions of the US, and China reserves the right to continue to introduce other countermeasures," China's release said. "Any unilateral threat or blackmail will only lead to intensification of conflicts and damage to the interests of all parties.""
  • Voice of America reports: "The U.S. "remains deeply concerned with China's long-standing restrictions on freedom of expression online," a State Department official said Thursday, reacting to Google's reported plan to relaunch its search engine in China. "We strongly object to all efforts by China to force U.S. companies to block or censor online content as a condition for market access," the official said. Google shut down its Chinese search engine in 2010, citing government attempts to "limit free speech on the web." But a company whistle-blower who spoke to the online publication The Intercept said Google was in the advanced stages of launching a custom Android search app in China that will comply with the Communist Party's censorship policies on human rights, democracy, free speech and religion."
  • Voice Of America reports: "The U.S. Treasury Department said it imposed sanctions Friday on a Russian bank for helping North Korea avoid U.N. Security Council actions to restrain Pyongyang's nuclear weapons and ballistic missile programs. The development comes as U.S. Secretary of State Mike Pompeo is expected to urge leaders of Southeast Asian countries in Singapore on Saturday to maintain sanctions against Pyongyang, which is negotiating with the U.S. to dismantle its weapons programs... Treasury also targeted what it said were two FTB front companies, China-based Dandong Zhongsheng Industry & Trade Co. Ltd. and Korea Ungum Corporation. Pompeo met Friday with Chinese State Councilor and Foreign Minister Wang Yi in Singapore."
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