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Media Report
June 17 , 2019
  • The Washington Post：Companies in furious bid to prevent new China tariffs as summit looms
    The Washington Post reports, "President Trump's plan to impose tariffs on virtually all products from China is running into a wall of opposition from the business community, amid fears that what began as a temporary negotiating tool is becoming a permanent feature of trans-Pacific trade. Starting on Monday, hundreds of companies are scheduled to testify before the Office of the U.S. Trade Representative (USTR) over seven days of hearings on the president's proposal to expand tariffs to an additional $300 billion in Chinese imports. After a year-long trade war, those are the only Chinese imports that remain duty-free. USTR has received more than 1,600 written comments on the plan, with the overwhelming majority warning that additional tariffs would raise prices for consumers, cost American jobs and disrupt production at companies across the nation."
  • The New York Times：China Backs Hong Kong's Leader Despite Huge Protests
    The New York Times reports, "The Chinese government on Monday voiced strong support for Hong Kong's embattled chief executive, Carrie Lam, a day after yet another vast street protest against her government rattled the leadership in Beijing and the local political establishment. The Foreign Ministry issued a forceful endorsement of Mrs. Lam on Monday. Beijing's representatives in Hong Kong called in dozens of local politicians and business leaders to urge them to support her. And the Chinese state media began praising Mrs. Lam even as government censors assiduously tried to block word of the Hong Kong protests from reaching the public in mainland China. But after three huge demonstrations over eight days, and her retreat on a proposal that would have allowed Hong Kong residents to be prosecuted in China's opaque judicial system, it was unclear how long she would continue to govern."
  • The Washington Post：China's Xi to visit North Korea as both countries lock horns with United States
    The Washington Post reports, "Chinese President Xi Jinping will visit Pyongyang on Thursday, marking a diplomatic victory for isolated North Korean leader Kim Jong Un after denuclearization talks with President Trump collapsed dramatically in February. Xi's visit will be the first trip by a Chinese leader to North Korea in 14 years, since Xi's predecessor, Hu Jintao, met with Kim's father, Kim Jong Il, in Pyongyang in 2005. China is North Korea's strongest ally and the economic lifeline for a country hit by U.N. sanctions. Xi's visit, which comes at Kim's invitation, will take place Thursday and Friday, state media in both countries reported simultaneously on Monday. It comes just before a Group of 20 summit in Japan, as well as Trump's visit to South Korea at the end of this month. Xi and Kim will meet at a time when both are locked in standoffs with Washington over trade and denuclearization, respectively."
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