Welcome to EastBound88.com!

Heading toward to the East

To start the journey, please log in and start posting!

Member Login

Not a member yet? Sign Up!

  • Or
  •  
  • Forgotten password? Help!

  • China To Take Over Israel's Largest Port, Could Threaten US Naval Operations

    A top Israeli military and energy official has questioned Israel and China's growing economic read on

    Northern Taiwan hair salon refuses to remove 'Nazi swastikas' from entrance

    TAIPEI (Taiwan News) -- The German Institute in Taipei (GIT), Germany's de facto embassy in read on

    She can't see — that's why she can't drive': woman films woman's racist's tirade

    A woman has been filmed smiling as she racially abuses a Filipino-American woman in a parking read on

    Naomi Osaka Defeats Serena Williams for U.S. Open Title

    Twenty-year-old Naomi Osaka won her first Grand Slam title, defeating her idol, Serena read on

    Cruz: Dems want Texas to be like California with its 'tofu and silicon and dyed hair'

    Sen. Ted Cruz (R-Texas) on Saturday said during a campaign rally that Democrats want Texas “to read on

    China’s government is ratcheting up a crackdown on Christian congregations in Beijing

    China’s government is ratcheting up a crackdown on Christian congregations in Beijing and read on

    In U.S. Open Victory, Naomi Osaka Pushes Japan to Redefine Japanese

    TOKYO — When the Ohno family watched Naomi Osaka beat Serena Williams at the United States read on

    Now Trump is targeting Vietnamese refugees

    In its insatiable quest to rid the U.S. of immigrants, the Trump administration has been read on

    Typhoon death toll reaches 9 thousands being transported from Kansai airport

    TOKYO The toll in the most powerful typhoon to hit Japan in a quarter century rose read on

    Typhoon death toll reaches 9; thousands being transported from Kansai airport

    TOKYO The toll in the most powerful typhoon to hit Japan in a quarter century rose read on
  • We are ready for trade war – China tells Donald Trump



    China, the world’s second biggest economy fuelled fears of a trade war when it warned Sunday that it is ready to hit back at the United States if it harms its economic interests.

    It was China’s first response since President Donald Trump unveiled steel and aluminium tariffs.
    Trump’s announcement on Thursday sparked a flurry of counter-threats from other nations but its main trade rival, China, had avoided any overt warnings of potential retaliation until now.

    “China doesn’t want a trade war with the United States,” Zhang Yesui, spokesman for the National People’s Congress, told a news conference on Sunday, the eve of the rubber-stamp parliament’s annual session.

    “But if the US takes actions that hurt Chinese interests, China will not sit idly by and will take necessary measures.”
    Zhang warned that “policies informed by misjudgement or wrong perceptions will hurt relations and bring consequences no side wants to see”.
    Trump’s announcement came as President Xi Jinping’s top economic aide, Liu He, met with US officials at the White House this week to discuss the fraught economic relationship.

    During his visit, according to the official Xinhua news agency, Liu and his hosts “agreed that the two countries should settle their trade disputes by cooperation rather than confrontation”.

    Since announcing plans to impose a 25 percent tariff on steel imports and 10 percent on aluminium, Trump has shrugged off threats from other nations, boasting on Friday that “trade wars are good, and easy to win”.

    China has been the main target of Trump’s ire over the US trade deficit since his presidential campaign, but its steel and aluminium exports to the United States are minimal.
    While China is the world’s largest steel producer, it accounts for less than one percent of US imports and sells only 10 percent of its wrought aluminium abroad.
    Steel producers in Canada, Brazil, Mexico, South Korea and Turkey rely far more heavily on the US market.

    “The American action to put sanctions on other countries’ reasonable steel and aluminium exports in the name of harming national security is groundless,” Chinese Foreign Minister Wang Yi said on Saturday.

    Some US allies, like Canada and Australia, had hoped to be spared the tariffs. A US official said Friday no countries will be exempt, but added that possible exemptions to the measures would be considered on a case-by-case basis.

    Australia warned that a trade conflict could put the brakes on global economic growth.
    “That’s what concerns me, if we continue to see an escalation of rhetoric and, ultimately, action around tariffs applying for imports and exports across multiple economies… this will lead to a slow-down in growth,” trade minister Steve Ciobo told Sky News Australia Sunday.

    Trump ratched up the rhetoric on Saturday, threatening a tax on cars from the European Union if it enacts retaliatory measures.
    On Friday, European Commission chief Jean-Claude Juncker said the EU was drawing up measures against leading US brands such as Levi’s and Harley-Davidson.

    https://www.today.ng/news/world/9298...igerianewsdesk

    This article was originally published in forum thread: We are ready for trade war – China tells Donald Trump started by EB88 News View original post


About Us

    "EastBound88.com is your premier portal for news and discussion on Asian traditions, contemporary culture, history and politics. Catch up on current events, chat with friends, watch a movie, have a serious debate or hang out in the arcade! Thank you for visiting and enjoy your stay."
EastBound

Quick Links

Follow Us on