Media Report
- The Wall Street Journal reports: "President Trump said Friday his administration won't give Apple Inc. waivers from tariffs nor any type of relief for the parts of its Mac Pro computers made in China, saying the only way the tech giant can avoid the penalty is to make them in the U.S. Apple has applied for exemptions from a number of items that were first hit by 10% tariffs in September of last year. Last month, the U.S. raised tariffs on those items to 25%. The exemptions Apple applied for in July 18 filings apply to items such as graphics processors, data cables and the structural frames for computers. 'Apple won't be given Tariff wavers, or relief, for Mac Pro parts that are made in China. Make them in the USA, no Tariffs!' the president wrote on Twitter on Friday. Apple didn't respond to a request for comment."
- The Washington Post reports, "The Trump administration revealed details of its $16 billion aid package for farmers hit in the U.S.-China trade war — with key provisions meant to avoid large corporations scooping up big payouts at the expense of small farmers. In 2018, payout to individual farmers hurt by the trade war with China was capped at $125,000; this time it has been raised to $250,000 per person or legal entity, with a cap of $500,000 across three categories — for those who produce soy as well as vegetables and pigs. The cap comes in response to claims of significant abuse in last year's $12 billion trade relief package. The Environmental Working Group, using data received under the Freedom of Information Act, found individual farmers in five states — Indiana, Illinois, Missouri, Tennessee and Texas — received more than $900,000 in 2018, largely through a loophole that allowed each member of a farm-owning family to apply for relief."
- Bloomberg reports, "China rebuffed FedEx Corp.'s claims that it mistakenly rerouted some Huawei Technologies Co. packages to the U.S. and warned that authorities found other violations by the American delivery firm, raising concern the company could face repercussions from Beijing. 'It is not true that its wrong transfer of Huawei parcels were operational errors,' Chinese Foreign Ministry spokeswoman Hua Chunying said at a briefing in Beijing on Friday. 'During our investigation we also found out other FedEx activities in violation of the law so we will continue to have in-depth investigations on it.' The case has stoked concerns that Beijing is starting to crack down on U.S. companies -- a Ford Motor Co. venture was recently fined -- in retaliation for Washington placing curbs on Huawei. The moves come amid the broader backdrop of the U.S.-China trade war, which has seen relations between the two superpowers deteriorate and prompted some companies to shift production out of China."
Calendar
- 2019-07-25 US Navy sails warship through contested waterway as Beijing warns Taiwan
- 2019-07-24 Top U.S., Chinese trade negotiators to meet face-to-face for first time since Trump, Xi meeting
- 2019-07-23 Trump Agrees to Timely Decisions on Huawei as China Talks Near
- 2019-07-22 Chinese Money in the U.S. Dries Up as Trade War Drags On
- 2019-07-21 Chinese Money in the US Dries Up as Trade War Drags On
- 2019-07-19 U.S., China Trade Negotiators Talk for Second Time Since Truce
- 2019-07-18 U.S.-China trade talks continue, in-person meeting may be planned: Mnuchin
- 2019-07-17 Bills targeting China's Huawei introduced in Congress
- 2019-07-16 Tariffs on China Don’t Cover the Costs of Trump’s Trade War
- 2019-07-15 China posts slowest economic growth in 27 years; Trump touts ‘major effect’ of tariffs
News
- The Wall Street Journal Trump Says Apple Won't Get Tariff Waivers for Parts Made in China
- The Washington Post Trump administration reveals details of $16 billion farm bailout in U.S. trade war
- Bloomberg China Rejects FedEx's Defense for Rerouted Huawei Packages
- The New York Times China Needs New Places to Sell Its Mountain of Stuff
- CNBC Kudlow: 'I wouldn't expect any grand deal' on China
- The Wall Street Journal Trump Presses WTO to Change China's 'Developing Country' Status
- The Wall Street Journal Hong Kong Protesters Take Their Grievances to City's Airport
- Reuters Trump warns Google after Treasury chief says no concerns on China
- The Washington Post Another front in the tensions between the U.S. and China: Space
- Bloomberg Pompeo Urges China to 'Do the Right Thing' in Hong Kong Protests
- CNN China car stocks tumble on weaker outlook for 2019 sales
- Bloomberg China Proposes Tighter Oversight of Financial Holding Firms
- The New York Times As the Chinese Cut Down Siberia's Forests, Tensions with Russians Rise
- CNBC China wants to track and grade each citizen's actions — it's in the testing phase
Commentary
- The Washington Post National security isn't a bargaining chip with China
- The Diplomat Does China's 'Alliance Treaty' With North Korea Still Matter?
- The Atlantic How to Choose Between the U.S. and China? It's Not That Easy.
- The Economist Tsai Ing-wen's prospects for re-election have improved
- The Hill America must invest in expertise and skills to compete with China
- The New York Times Trump's Secret Foreign Aid Program