Media Report
The Washington Post reports, "The acting director of the White House Office of Management and Budget is seeking a two-year delay of a ban prohibiting companies that do business with Chinese telecom giant Huawei from providing services to the U.S. government. In a letter to Vice President Pence and nine members of Congress, the office's acting director Russell T. Vought said the delay would give companies more time to comply with the ban, which is set to take effect in one year and one month. If the delay is approved, the ban would take effect in three years and one month. 'The Administration believes, based on feedback from impacted stakeholders, that this additional preparatory work will better ensure the effective implementation of the prohibition without compromising desired security objectives,' Vought said in the letter."
- Bloomberg reports, "President Donald Trump threatened to raise tariffs on China again if President Xi Jinping doesn't meet with him at the upcoming Group of 20 summit in Japan.Trump was asked in an interview with CNBC on Monday whether tariffs on about $300 billion in Chinese goods would be enacted immediately if there's no meeting at the summit later this month. 'Yes, it would,' he answered. 'I think he will go and I think we're scheduled to have a meeting. I think he'll go, and I have a great relationship with him. He's actually an incredible guy, he's a great man. He's very strong, very smart, but he's for China and I'm for the United States.' Trade talks with China hit an impasse last month after the president accused Beijing of reneging on provisions of a tentative agreement. The two countries have since escalated their trade war."
- CNN reports, "More than 1 million protesters took to the streets of Hong Kong Sunday, organizers said, to oppose a controversial extradition bill that would enable China to extradite fugitives from the city. The mass of protesters would be the largest demonstration since the city was handed back to China in 1997. Civil Human Rights Front, the group that organized the protests, said 1.03 million people marched -- a figure that accounts for almost one in seven of the city's 7.48 million-strong population. Hong Kong Police estimated the number of protesters closer to 240,000. Critics say the bill will leave anyone on Hong Kong soil vulnerable to being grabbed by the Chinese authorities for political reasons or inadvertent business offenses and undermine the city's semi-autonomous legal system."
Calendar
- 2019-06-07 Outrage in Hong Kong as Extradition Plan Exposes Deep Fears of China’s Rule
- 2019-06-06 Trump to decide on $300 billion China tariffs after G20 meeting
- 2019-06-05 Ford Is Fined in China as Trade Fight With U.S. Rages
- 2019-06-04 A Slower Economy. A Trade War. Now, China Faces Rising Food Prices.
- 2019-06-03 China warns students about ‘risks’ of going to the U.S. in the latest twist to the trade war
- 2019-06-02 China Signals It Is Willing to Return to Trade Talks With US
- 2019-05-31 China says it will blacklist ‘unreliable’ companies and individuals in response to technology ban
- 2019-05-30 China Puts U.S. Soy Buying on Hold as Tariff War Escalates
- 2019-05-29 Huawei files motion to block U.S. ban, calling it an affront to global human rights
- 2019-05-28 The Trade War’s Next Front? China’s Access to Wall Street
News
- CNN More than 1 million protest in Hong Kong, organizers say, over Chinese extradition law
- Bloomberg Trump Says He'll Raise China Tariffs Again If Xi Won't Meet at G-20
- The Washington Post Trump's acting budget chief seeks delay on Huawei ban
- The New York Times Russian and U.S. Navy Ships Narrowly Avoid Collision in Philippine Sea
- Reuters Some big tech firms cut employees' access to Huawei, muddying 5G rollout
- The New York Times World Economic Leaders Warn of Fallout From Trade War Between U.S. and China
- CNBC China says its May trade surplus was $41.65 billion, significantly more than expected
- Reuters China ready for trade talks with East Africa bloc: ambassador to Kenya
- CNBC China may restrict tech access in spiraling trade war with US
- Bloomberg China's Rare Earth Exports Drop as Prices Jump on Possible Curbs
- CNBC The Chinese yuan is at its weakest level of the year
- Bloomberg Chinese Exporters Dodge Tariffs With Fake Made-in-Vietnam Labels
- The Wall Street Journal China's Growth, Currency Outlooks Darken Again
Commentary
- The New York Times Hong Kong's Government May Cave In to China. Its People Will Not.
- The Washington Post Conservatives haven't had a good villain since the Cold War. Until now.
- The New York Times Is It Too Late to Stop a New Cold War With China?
- Financial Times Businesses cannot ignore the US-China cold war
- The Hill It's time to gang up on China
- Forbes Duterte Faces GDP Headache As Trump Vs. China Hits Philippines