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Media Report
June 25 , 2019
  • CNN reports, "Agriculture Secretary Sonny Perdue acknowledged this week that farmers are getting hurt by President Donald Trump's trade war, but expressed optimism that a deal would be struck with China by the end of the year. American farmers 'are one of the casualties here with trade disruption,' Perdue told CNN's Vanessa Yurkevich in an exclusive interview. 'We knew going in that when you flew the penalty flag on China, the retaliation, if it came, would be against the farmer,' he added. US soybean, corn, and wheat growers have been battling tariffs from China for nearly a year now. Beijing imposed those duties in retaliation to tariffs put on Chinese products by the Trump administration. The tariffs made those American agricultural products more expensive for Chinese importers, and private buyers have mostly stopped buying American-grown soybeans or wheat."
  • The Wall Street Journal reports, "Hackers believed to be backed by China's government have infiltrated the cellular networks of at least 10 global carriers, swiping users' whereabouts, text-messaging records and call logs, according to a new report, amid growing scrutiny of Beijing's cyberoffensives. The multiyear campaign, which is continuing, targeted 20 military officials, dissidents, spies and law enforcement—all believed to be tied to China—and spanned Asia, Europe, Africa and the Middle East, says Cybereason Inc., a Boston-based cybersecurity firm that first identified the attacks. The tracked activity in the report occurred in 2018. The cyberoffensive casts a spotlight on a Chinese group called APT 10; two of its alleged members were indicted by the U.S. Department of Justice in December for broad-ranging hacks against Western businesses and government agencies."
  • CNBC reports, "Chinese President Xi Jinping and Japanese Prime Minister Shinzo Abe have come a long way since their now-famous icy handshake in November 2014. That painfully awkward moment between the two leaders led to the creation of a cartoon meme. Yet it was a symbolic first step in a long — and so far successful — process of tamping down soaring tensions between the Asian economic giants.Now, they will be trying to keep that going when Xi heads to Japan on Thursday to meet Abe, ahead of the Group of 20 summit in Osaka this weekend. It will be the first visit to the country by a Chinese president since 2010. Analysts say reasons for the rapprochement include economic interdependence, a need to focus on the future and the emergence of an unforeseen wild card: the 2016 election of U.S. President Donald Trump, whose presence in Osaka looms large for both men."
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