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Media Report
February 20 , 2018
  • CNBC：China would not be the only country hurt by US steel tariffs
    CNBC reports: "Heavy tariffs and quotas on steel will hurt China, but other countries may well bear the brunt of such measures. "The fact is that China does export a lot of steel and aluminum to the United States, but frankly, Canada, Brazil, Mexico, other countries import more steel than does China," said Max Baucus, former U.S. ambassador to China, which is the world's top overall steel exporter. On Friday, the Commerce Department recommended imposing heavy tariffs or quotas on foreign producers of steel and aluminum in the interest of national security, following a trade investigation of imports... President Donald Trump and his administration announced the investigation into steel and aluminum importation in April... The recommendations call for tariffs on multiple countries, although Trump could determine that specific nations should be exempt, based on the economic or security interests of the United States. The president could also consider a country's willingness to work with the United States to address global excess capacity and other challenges facing the U.S. aluminum and steel industries. The U.S. is the world's largest steel importing country. The top shipper of steel into the U.S. is Canada. Large Asian exporters — and American allies — that may be implicated include South Korea and Japan."
  • Reuters：Chinese warships enter East Indian Ocean amid Maldives tensions
    Reuters reports: "Eleven Chinese warships sailed into the East Indian Ocean this month, a Chinese news portal said, amid a constitutional crisis in the tiny tropical island chain of the Maldives now under a state of emergency. A fleet of destroyers and at least one frigate, a 30,000-tone amphibious transport dock and three support tankers entered the Indian Ocean, news portal Sina.com.cn said, without linking the deployment to the crisis in the Maldives or giving a reason. "If you look at warships and other equipment, the gap between the Indian and Chinese navy is not large," Sina.com.cn said on Sunday. It did not say when the fleet was deployed or for how long. Rivalry between old foes India and China for influence in the Maldives became evident after President Abdulla Yameen signed up to Beijing's Belt and Road initiative to build trade and transport links across Asia and beyond. India, which has had longstanding political and security ties to the islands about 400 km (250 miles) away, has sought to push back against China's expanding presence in the overwhelmingly Muslim country of 400,000 people. Maldivian opposition leaders have urged New Delhi to intervene in the crisis."
  • NPR：How The U.S. Ambassador To China May Have Xi Jinping's Ear
    NPR reports: "In the hall at the ambassador's residence, there's a black-and-white photograph on the wall of two smiling young men at the center of a group. The year was 1985. Terry Branstad was in his first term as governor of Iowa. A county-level Communist Party functionary in northern China's Hebei province was leading an official delegation to his "sister state" of Iowa. That party official was Xi Jinping, now China's president. "I was impressed with him and his group from the beginning," Branstad says in an interview at the embassy. "They were friendly, and they were from our sister state, so we wanted to treat them well." Xi rode a boat on the Mississippi River, Branstad recalls, visited local farms and factories, and experienced residents' hospitality... Branstad went on to serve five more terms, the longest tenure of any U.S. governor. He supported Donald Trump's run for the presidency. The then-governor's son Eric Branstad ran the election campaign in Iowa."
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