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Media Report
June 24 , 2018
  • Reuters reports that the United States will soon present a timeline to North Korea with "specific asks" of Pyongyang after a historic summit between U.S. President Donald Trump and North Korean leader Kim Jong Il, a senior U.S. defense official said. The official, who spoke to a small group of reporters ahead of a trip to Asia this week by Defense Secretary Jim Mattis, did not specify details but suggested that the timeline would be rapid enough to make clear Pyongyang's level of commitment."We'll know pretty soon if they're going to operate in good faith or not," the official said, speaking on condition of anonymity. "There will be specific asks and there will be a specific timeline when we present the North Koreans with our concept of what implementation of the summit agreement looks like." Secretary of State Mike Pompeo said last week he would likely travel back to North Korea "before too terribly long" to try to flesh out commitments made at the June 12 summit in Singapore between Trump and Kim.


  • The Wall Street Journal reports that President Donald Trump, already embroiled in a trade battle with China, plans to ratchet commercial tensions higher by barring many Chinese companies from investing in U.S. technology firms, and by blocking additional technology exports to Beijing, said people familiar with administration plans. The twin initiatives, set to be announced by the end of the week, are designed to prevent Beijing from moving ahead with plans outlined in its "Made in China 2025" report to become a global leader in 10 broad areas of technology, including information technology, aerospace, electric vehicles and biotechnology. The Treasury Department is crafting rules that would block firms with at least 25% Chinese ownership from buying companies involved in what the White House calls "industrially significant technology." The ceiling may end up lower than that, according to people familiar with discussions finalizing the plans. In addition, the National Security Council and the Commerce Department are putting together plans for "enhanced" export controls, designed to keep such technologies from being shipped to China, said the people familiar with the proposals...Before the rules go into effect, the individuals said, U.S. industry would have a chance to comment.

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