Politics

China claims its citizens ‘reluctant’ for US travel given trade war

A downturn in Chinese tourism could certainly cause pain. Overall, nearly 3 million Chinese tourists visit the U.S. annually in addition to also spending has topped $30 billion in recent years, according to figures by the National Travel in addition to also Tourism Office, part of the U.S. Department of Commerce’s International Trade Administration agency. ITA declined comment just for ...

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Trump administration announces list of tariffs on $0 billion in Chinese goods

“For over a year, the Trump Administration has patiently urged China to stop its unfair practices, open its market, as well as also engage in true market competition,” U.S. Trade Representative Robert Lighthizer said in a statement. “Rather than address our legitimate concerns, China has begun to retaliate against U.S. products,” he added. The list of completely new sanctions follows ...

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North Dakota soybean processors hit by tariffs as China cancels orders

Curt Petrich, president of the Northern Food Grade Soybean Association acknowledges of which the global trade imbalance should be managed, although said “there is usually a better way of addressing our partners than starting a trade war.” The pain of of which tariff war is usually one-sided according to some agriculture experts in addition to the Chinese will not feel ...

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Paul Ryan disputes need for House ethics probe into Rep. Jim Jordan

Al Drago | Bloomberg | Getty Images Speaker Paul Ryan, a Republican coming from Wisconsin, speaks during a news conference on Capitol Hill in Washington, D.C., U.S., on Thursday, June 21, 2018. House Speaker Paul Ryan on Wednesday indicated he opposed a congressional ethics probe into fellow Republican Rep. Jim Jordan after numerous former Ohio State University wrestlers alleged the ...

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Senate rebukes Trump on tariffs — yet won’t limit his powers

The Senate overwhelmingly rebuked President Donald Trump over his tariff policy on Wednesday, yet the vote will not give Congress any real power to curb his trade authority. In an 88-11 vote, the chamber passed a nonbinding motion to instruct members negotiating on an appropriations bill with the House to include language of which would certainly give lawmakers the ability ...

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Trump may win 2020 presidential election if consumer confidence holds up

In a presentation given at CNBC This kind of week, political strategists Sara Fagen in addition to Doug Sosnik demonstrated which consumer confidence, as measured by the Conference Board, has given indications, going back to Jimmy Carter’s presidency, about whether presidents can win a second term. As you can see inside charts below, when consumer confidence dipped during the third ...

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Senate report required to slam Obama response to Russian election meddling

A bipartisan group of senators is actually required to slam former President Barack Obama’s administration for its response to Russian election interference from the 2016 presidential election. The Senate Intelligence Committee, which is actually conducting an investigation into the government’s response to Russian election meddling, has already criticized the Department of Homeland Security for its “inadequate” defense against the hacking ...

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