Seamus Keaveney

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Trade War Dominates US China Relations

Talks and tensions continued to define China US relations. Vice President Mike Pence spoke of a new “Cold War” and Chinese “aggression” at sea. Henry Paulson, long a champion of US engagement with China, said it’s failing and an economic “iron curtain” may soon fall between them. This article is a summary of major US China news in November 2018. President Donald Trump flew to Brazil for the G20 – and a supper with Xi Jinping that stole the spotlight. “I think we’re very close to doing something with China but I don’t know that I want to do it,” teased the US President, claiming that the US enjoyed billions of dollars in Chinese tariffs. US Trade Rep. Lighthizer examined all available tools to raise tariffs on Chinese vehicles to the 40% Beijing charges on US-produced vehicles. The US planned to tighten export controls against China – citing national security threats in its request for public comment identifying emerging technologies with dual…