Stemningen mellom Kina og USA (tarifftråd)

U.S. reaches deal with China’s ZTE that includes $1 billion fine, commerce secretary says

The Trump administration has agreed to relax its punishment of Chinese telecom company ZTE, Commerce Secretary Wilbur Ross said Thursday.

The company will pay a $1 billion fine and fund a new in-house compliance team staffed by U.S. experts, Ross told CNBC.

The move eases a seven-year ban on ZTE buying American parts, which Commerce levied in April. At the time, the Chinese government complained that the action could put the company, a major employer and star of the Chinese technology industry, out of business.

“We are literally embedding a compliance department of our choosing into the company to monitor it going forward. They will pay for those people, but the people will report to the new chairman,” Ross said. “This is a pretty strict settlement. The strictest and largest settlement fine that has ever been brought by the Commerce Department against any violator of export controls.”

22.07.2018 kl 09:45 9502

13. July 2018

China trade surplus with US widens unexpectedly

China's surplus with the United States has hit a fresh record, adding to the current trade conflict between the world's two largest economies. Beijing blamed the imbalance on structural problems in the US.

Beijing announced Friday that China's surplus with the US hit an all-time high of $28.97 billion (€24.85 billion) in June, with exports reaching a record $42.62 billion.

The news came as the two economic superpowers stand on the brink of an all-out trade war that would have a huge negative impact globally.

Redigert 22.07.2018 kl 09:45 Du må logge inn for å svare
31.07.2018 kl 20:33 9124

Chinese Economy Starts to Feel Tariff Impact

The Chinese economy ’faces some new problems and new challenges,’ the Politburo said in a statement

BEIJING—China’s leadership pledged to ensure economic stability as its trade fight with the U.S. started to pinch growth, signaling that a bigger stimulus could be on the horizon.

A Tuesday meeting of the Politburo, whose members are China’s top arbiters of power, highlighted the external challenges faced by the world’s second-largest economy. Without specifically mentioning the trade conflict with the U.S., a statement issued after the meeting by state media made clear the brawl is a big threat to growth and stability, trumping issues such as debt control.

The Chinese economy “faces some new problems and new challenges,” the statement said. “There are obvious changes in the external environment.”

The meeting came as official data showed early Tuesday that China’s business activities faltered in July—the first official data to reflect the impact of U.S. tariffs—adding to signs that trade tensions have started to dent economic growth.

China’s economic growth has been on a controlled descent for most of this decade, propped up at times by shots of easy credit that have helped make debt a long-term threat for the Chinese economy. With growth still buoyantly above the government’s 6.5% target, Mr. Xi has taken aim at debt and other financial risks the past two years to put the economy on sounder footing.

Now that campaign is taking its toll. Signs are building that the economic expansion is losing steam—from weakening investment in factories to anemic household consumption and rising corporate defaults.

The trade fight with the U.S. puts growth further at risk, making Mr. Xi’s campaign look unsustainable. In recent weeks, China’s central bank has been pumping funds into the country’s financial system. Local authorities are restarting projects that were halted due to the previous tightfisted policies.

With easing measures under way, the high-level meeting Tuesday paved the way for more to come. The statement called for pro-growth measures such as greater government spending on highways, rail lines and other infrastructure projects and keeping liquidity conditions “reasonable and adequate”—code for easier credit.

The official statement also sought to allay concerns that Beijing might retaliate against the Trump administration’s trade offensive by targeting U.S. businesses. “Legitimate rights of foreign companies in China will be protected,” it said.

In the past month, China’s Commerce Ministry, which oversees foreign investment, has instructed local officials to gauge how the biggest round of U.S. tariffs to date—25% duties on $34 billion of Chinese goods imposed in early July—is affecting American businesses operating in China, according to Chinese officials. In particular, officials are looking for signs of companies potentially moving facilities out of China. That would be a blow to Beijing’s effort to attract foreign capital and keep people employed at a time of gathering economic gloom.

Latest official surveys of factories and service providers pointed to sluggish domestic demand. Companies that had been frontloading shipments to stay ahead of higher tariffs may have slowed production and investment, economists say.

“Impacts from the tariffs started to kick in this month,” said Liu Xuezhi, an economist at Bank of Communications.

The official manufacturing purchasing managers’ index fell to a five-month low of 51.2 from June’s 51.5, data released by the National Bureau of Statistics showed Tuesday. July’s reading came in slightly lower than economists’ expectations.

The import subindex of the official PMI slipped to a 23-month low, while the export subindex held steady thanks to a weaker yuan, said Julian Evans-Pritchard, an economist at Capital Economics.

In addition to trade friction, disruptions caused by weather conditions, such as extreme heat and typhoons, also contributed to the slowdown, according to Zhao Qinghe, an analyst with the bureau.

Both output and demand weakened in July. A subindex measuring production dropped to 53.0 from 53.6, while the new orders index fell to 52.3 from 53.2.

Despite July’s fall, the headline index has stayed above the 50 mark, which separates an expansion of activity from a contraction, for nearly two years.

An official measure of activity outside China’s factory gates, also released Tuesday, declined to an 11-month low in July, as cooling manufacturing and construction activities weighed on the sector.

“Today’s data are consistent with our view that China’s economy is on track to slow further this quarter and next, triggering additional policy easing,” Mr. Evans-Pritchard said.

Beijing has stepped up its efforts to spur economic growth in recent weeks, a sign that the government is becoming more worried about slowing growth as trade tensions rise.

The country’s cabinet, the State Council, last week encouraged local governments to quickly tap the bond market. The central bank lent more than 500 billion yuan ($73 billion) to banks, a push to get them to lend and the largest one-time amount since such injections started in 2014.

China’s efforts to tame debt weighed on domestic demand, and recent economic-policy easing measures may boost sentiment over the medium term but could come at a cost, said Betty Wang, an economist at ANZ.

“While this is likely to lift domestic sentiment over the medium term, we are mindful of whether China will shift back to pump-priming the economy,” Ms. Wang said.

—Liyan Qi and Grace Zhu

Corrections & Amplifications
Earlier this month, the Trump administration imposed 25% tariffs on $34 billion worth of Chinese goods. An earlier version of this article incorrectly stated that a 10% tariff was imposed.
01.08.2018 kl 07:25 8878

Blir interessant å se om noe kommer ut av dette:

U.S., China Aim to Restart Talks to Defuse Trade War, Sources Say

Representatives of U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He are having private conversations as they look for ways to reengage in negotiations, according to the people who spoke about the deliberations on condition of anonymity.
01.08.2018 kl 07:39 8844


- Trump vurderer enda høyere toll på kinesiske varer
AP Photo/Chris O'Meara
AP Photo/Chris O'Meara


Artikkel av: NTB
1. august 2018 - 06.09
Lest av


Tidligere denne måneden gjorde Trump alvor av truslene da han varslet en innføring av 10 prosent toll på en rekke kinesiske importvarer.

Tollen, som etter planen vil bli innført i september, kan nå øke til 25 prosent, opplyser kilder tett på president til blant andre Reuters, Washington Post og Bloomberg. Planen kan bli offentliggjort allerede onsdag.

En så voldsom forhøyelse vil kunne eskalere den betente handelskonflikten mellom USA og Kina. Trump-administrasjonen har allerede innført 25 prosent toll på kinesiske importvarer verdt 34 milliarder dollar, hvorpå Kina svarte med å innføre toll på amerikanske varer til en tilsvarende verdi.

I 2017 hadde USA et handelsunderskudd på 376 milliarder dollar med Kina. Trump har truet med å innføre toll på alle kinesiske varer, som i fjor tilsvarte en verdi på mer enn 500 milliarder dollar.

I skyggen av handelskrigen med Kina stemte Senatet i forrige uke for å redusere eller fjerne toll på brødristere, kjemikalier og om lag 1.660 andre varer produsert i utlandet. Nærmere halvparten av disse varene blir produsert i Kina.
01.08.2018 kl 08:32 8773

Fra artikkel:

U.S. stocks closed higher as the prospects for an easing in trade tensions lifted industrial shares, with Boeing Co., Caterpillar Inc. and 3M Co. all adding more than 1 percent.

Igår ettermiddag kom det melding på Boomberg om at samtaler mellom Kina og USA var gjennopptatt, og det fikk f.eks Boeing og Caterpillar til å stige. Også REC spratt litt opp før stengetid, som vi så. Men det må nok komme noe mer substans i meldingene for at det skal være fundamentalt utslagsgivende for REC og andre impliserte.
01.08.2018 kl 10:16 8607

... noe mer substans... Ja Sofa, det får'n da virkelig si . REC sier jo at kun tollfri eksport til Kina kan berge ML og REC's fortsatte produksjon av polysil til solindustrien fra USA. Det er et faktum!

Kineserne, med innflytelse også fra JV-partner, kunne ensidig ha gjeninnført PiT for REC, når som helst siden 2015. Tenk litt på det, om hvorfor det ikke skjer.

Ser at noen fabulerer om emisjon. Til hva da?? JV-partner betalte REC's utestående $169MUSD og ny equity interest skal vurderes i 2021. 100% avklart. TT sier det blir ingen emisjon, eller utvidelse av balansen. Så klart blir det ikke det, fordi REC kan ikke kjøre lav utnyttelse i ML med dagens cash cost > 15$/kg for FBR-produksjon. Da stenges heller ML. JUM kan ikke gå til vennegjengen sin og be om mer penger, og for å finansiere driftsunderskudd til produiksjon av polysil til solar - et produkt verden har overflod av. Diskusjon om rettet eller fortrinnsrettet emisjon er viss vass. REC-aksjonærene må håpe på at styret evner å finne ny eier til ML-anlegget , og som utvilsomt har store underliggende verdier til tross for avskrivingene. Og det underlige er at det kunne de ha arbeidet for siden PiT-closure, og også fundert ut fra at ML kun har hatt et fåtall wafer-kunder å selge til i Taiwan. Elendig risikostyring! Allerede i 2015, da REC solgte FBR i kvanta i Kina, skulle REC ha brukt sin markedesposisjon med FBR-A i Kina, til å (re)forhandle en JV-avtale med Yousergroup der REC kaptialbidrag ble avregnet mot eierandeler i ML for JV-partner (for tollfri reeksport til Kina).

Alle driter i REC. Nå er Trump absolutt eneste håpet, i følge REC's egne meldinger. Trump - mannen REC's styreformann sier er en galning i intervju med E24. Her kan vi snakke om totalhavari hos den fjerne, norsk styrte ledelsen. En jævla mad-story, det hele.

1. Det er ikke opp til TT å bestemme nedleggelse av ML, men styret (der JUM er formann).
2. JUMs selskap er kjent for å kjøpe seg inn i nær havari-situasjoner, slik polydivisjonen av REC er i nå.
3. Han skal selvsagt ha betalt for risikoen, og 50 øre aksjen er vel ikke urimelig i dagens bilde
4. Punkt 3 forutsetter at polypris forblir betydelig under USD 15 fremover (som du sier, overskudd i markedet i overskuelig fremtid pga Kina)

JUM gambler i så fall på at Kinatollen vil løse seg innen rimelig tid. Så spørs det om han mener dette er sannsynlig og dermed et godt case for en "redningsoperasjon" nå mens usikkerheten råder eller om han lar REC seile sin egen sjø videre, ut fra TTs strategi.

Edit: det er selvsagt et spørsmål om han får styret og generalforsamlingen (hvis beløpet går ut over allerede utstedte fullmakter) med seg i en slik handel.
- Han må også holde seg innen 33% eierandel etter emisjonen, for å unngå tilbudsplikt overfor øvrige aksjonærer på samme vilkår. Så i tilfelle blir det nok en kombinasjon av rettet emisjon og bond for å komme opp i det nødvendige beløp.
Redigert 01.08.2018 kl 12:12 Du må logge inn for å svare
03.08.2018 kl 12:26 8374

Nå har Kina ca en måned på seg til å starte seriøse forhandlinger med USA. Fordi Trump har estimert starten av september for innføring av 25% straffetoll.

Men Kina sier at de ønsker ikke å la seg presse. Og de kan alltids spekulere i at USA kjøper mesteparten av produktene uansett, og da er det importør i USA som betaler straffetollen. Mange av produktene er antakelig 25 % billigere enn det USA kan produsere selv.

Det har du nok rett i. Og nå blir paneler enda billigere en periode, på grunn av at kinesiske produsenter er i gang med å dumpe overskuddslageret/kapasiteten i utlandet. Men dette setter jo uansett litt brems på solarinstallasjoner i USA i forhold til om det ikke hadde vært toll (og dermed lavere priser til sluttbruker).
Redigert 03.08.2018 kl 12:58 Du må logge inn for å svare
03.08.2018 kl 14:57 8254

Kina tar grep for å styrke yuanen, ved å bremse shorting. I tillegg til noen mindre hyggelige tariffnyheter.
Redigert 03.08.2018 kl 15:07 Du må logge inn for å svare

Melding ikveld: Kina legger ikke ytterlige toll på polysil fra USA til Kina, men vurderer 25% på celler i forbindelse med tit-for-tat:

"China plans to impose a 25 percent tariff on imports of U.S.-manufactured solar cells as part of its $60 billion retaliation against President Donald Trump’s proposed $200 billion in import tariffs.

China is the world’s biggest manufacture of solar cells, which are assembled into photovoltaic panels, and the U.S. exports few, if any, to China. Noticeably absent from the latest list is polysilicon, the main ingredient in solar cells, which the U.S. does export to China.

Polysilicon duties are already in place due to an earlier trade dispute that’s now in its fourth year. Polysilicon producers in the U.S. include REC Silicon ASA and Hemlock Semiconductor Corp. REC, which is based in Norway, fired about 100 people at a factory in Washington last month related to the trade dispute with China."
Redigert 03.08.2018 kl 18:43 Du må logge inn for å svare
03.08.2018 kl 23:28 7999

Her kan løsningen komme, Dialogen er under opptrapping!
08.08.2018 kl 17:00 7562

Allerede en dag gammelt, men må liksom inn i denne tråden:

«Trump confirms additional 25% tariffs on Chinese cells and modules»
10.08.2018 kl 12:28 7353

South China Morning Post


Xu Yimiao

China should cut its losses in the trade war by conceding defeat to Donald Trump

Xu Yimiao writes that China is running out of retaliatory tariffs against the US and has watched other major parties like the EU and Japan close ranks against it. Before the trade war gets more severe, Beijing’s leaders should seek direct talks with Trump, and may have to swallow their pride


To get out of this predicament, Beijing probably needs to deal with Trump directly, figure out what he needs to declare a win and create conditions for that. Of course, allowing Trump to declare victory might be tough and even embarrassing for Beijing, but sometimes it is the best choice to stop losses in one trade and hope to profit at another time.
16.08.2018 kl 08:06 7109

U.S., China to Resume Trade Talks as Tariffs Bite

The new round of discussions, the first since May, would represent lower-level, exploratory talks

China and the U.S. reached a mod­est break­through in their stand­off over trade, say­ing they will hold lower-level talks later this month on the spi­ral­ing dis­pute.

Chi­na’s Com­merce Min­istry said Thurs­day that a vice min­is­ter will travel to the U.S. at an un­spec­i­fied date, at the in­vi­ta­tion of the Trea­sury De­part­ment, to dis­cuss trade is­sues. A se­nior U.S. gov­ern-ment of­fi­cial con­firmed the talks and said: “We ex­pect to dis­cuss steps to achieve a more bal-anced trad­ing re­la­tion­ship.”

The new round of dis­cus­sions would be the first since May, when Trea­sury Sec­re­tary Steven Mnuchin and Chi­nese Vice Pre­mier Liu He de­clared a tem­po­rary truce to the threats to im­pose tar­iffs on each oth­er’s goods. Shortly af­ter­ward, Pres­i­dent Trump de­clared that the tar­iffs would go ahead. Since then, both sides have slapped penal­ties on tens of bil­lions of dol­lars in each oth­er’s goods, with the U.S. ready to move ahead on plans to tar­get $200 bil­lion more in Chi­nese prod­ucts, and the Chi­nese econ­omy has be­gun to weaken.

The Au­gust dis­cus­sions would rep­re­sent lower-level, ex-ploratory talks that could be a way for both sides to save face should progress prove elu­sive, said in­di­vid­u­als briefed on the dis­cus­sions. Trea­sury Un­der­sec-re­tary David Mal­pass and Chi­nese Vice Com­merce Min­is­ter Wang Shouwen would lead the talks.


Det finnes sååå mange eksempler på hvordan Kina har aktivt gått inn for å stjele info og teknologi fra vestlige land, at det er rart at Kina ikke møte enda større motbør hos "mannen i gata".

Her er et eksempel der det angivelig ble funnet en håndbok hos en amerikansk-kinesisk person som detaljerer ressurser gitt personer og hva Beijing er ute etter for teknologi:

"The agency allegedly found, among other things, a handbook detailing “resources” Beijing would grant to individuals providing certain technologies, court documents say."

Den samme artikkelen beskriver Trump-admins handlinger mot nettopp det at vestlige selskaper utsettes for press om å dele teknologi som forutsetning for å gjøre handel med landet.

"Zheng’s arrest comes as US President Donald Trump intensifies his trade war with Beijing, largely over complaints the nation steals US technology or obliges US companies to share know-how in exchange for doing business in China."

REC Silicon har som kjent brakt både silanproduksjonsteknologi og FBR-B polyproduksjonsteknologi til Kina. I tillegg er nettopp det først Float-zone ingotproduksjonen satt opp i regi av Yulin-JVet. JUM/TT og REC Silicon har vært en flittig Kina-agent i så måte. Men likevel opprettholdes 57 % toll på deres poly produsert i USA.

Politbyrået for sentralkomiteen for det kinesiske kommunistparti klarer tydeligvis ikke å omstille seg mentalt fra tiden da de var et uland til ny tid med internasjonal handel på snart likeverdig nivå med vesten. Det måtte en Trump til for å presse hardt mot hardt på en måte som monner, får vi håpe.
Redigert 16.08.2018 kl 11:55 Du må logge inn for å svare
16.08.2018 kl 13:38 6762

JBG, 10:35 - siste avsnittet;

flere på forumet, (hvem som sa hva husker jeg ikke), spekulerte på hva REC sine muligheter kunne være mtp å ekspandere.
Cash hadde de jo lite av. Kred.fasiliteten forduftet, og sjansen til å få store nok lån var ikke tilstede. Da kom teorien om
muligheten for et JV, hvor REC stilte med teknologi - og partner med cash. Slik ble det. Men at REC "lånte" cash av partner
for å greie 2014-gjelda, for så å ikke klare å betale tilbake - er en annen historie. En tredje historie er nok at REC håpet
de skulle kunne fortsette å benytte seg av PiT. Der "forregnet" de seg, dessverre

-Det første du tar opp, er jo typisk Kina da. Holdt på sånn lenge de. Stjæle og kopiere. Det begynte vel under et-eller-annet
dynasti som jeg ikke husker navnet på.

Jeg har sett dem, noen ganger. Et eksempel er gjerne bedriftsbesøk, på steder hvor de ansatte ikke hverken har lov til å
ta bilder eller fortelle noen "utenfor" om detaljer fra produksjon. Det er vel "under dekke" av mulig samarbeid og videre avtaler
de får til dette. Klassisk med 5 mann, ledet av èn eller to norske. Kineser 1,2 og 3 følger ikke med på guiding og info. De følger
med på alt annet som skjer rundtforbi. Nr 1 tar notater, nr 2 har kamera og knipser i vei - nr 3 er mer avansert og filmer i
hytt og pine. Nr 4 følger kansje med på guidingen, er lett fremoverbøyd - lyttende. Nr 5 virker ikke å ha noen funksjon,
rent utover det å holde øye med nr 1,2,3 og 4 😏
Redigert 16.08.2018 kl 13:43 Du må logge inn for å svare

Ja, dette høres kjent ut, selv om vi har stort sett vært fri for kinamenn der jeg jobber. Har også opplevd i andre sammenhenger at kineserne knipser uhemmet her og der. Men vi nordmenn føler oss noe brydd dersom vi må "arrestere" vedkommende enten ved å inndra kamera, eller bare det å si at vi ønsker at de ikke fotograferer.

Tror vi i vesten blir litt naivt imponert når vi får kinesere som er interessert i hva vi har fått til dessverre. Men husk og at de er forpliktet til å rapportere tilbake til sin stat for å kunne få tillatelse til å reise ut fra kommuniststaten.

Står vel i bibelen et sted om at den «Gule rase» skal overta verdensherredømme. Så kortsiktige som vi er i Vesten er det nok sånn det blir og neste generasjon kan gjøre seg å klar til å bli Kinas leilendinger :-) ..
18.08.2018 kl 13:28 6243

US and China ‘aim to solve trade war by time Donald Trump and Xi Jinping meet at G20 in November’

Denne kommer til å stige jevnt og trutt til Torsdag da den etter en positiv nelding fra USA kommer til å ta av skikkelig, kan like godt skje !
19.08.2018 kl 19:28 5745

Etter twitter meldinger fra institusjoner så skrive de også meldinger om en negativ holdning mellom USA og Kina. Ingen vil gi seg.
20.08.2018 kl 10:00 5446

Asia markets close mostly positive as investors look to US-China tariff talks
31.08.2018 kl 16:14 5053

U.S. President Donald Trump is prepared to quickly ramp up a trade war with China and has told aides he is ready to impose tariffs on $200 billion more in Chinese imports as soon as a public comment period on the plan ends next week, Bloomberg News reported on Thursday.

Donald Trump driver psykologisk krigføring med Kina. Han prøver å overbevise Kina om at han ikke trenger Kina og deres varer , og vil med det oppfattes som sterk , i motsetning hvis han hadde vært vennlig og ønsket Kina velkommen til forhandlingsbordet , da hadde han blitt oppfattet som svak , så derfor er dette spillet spennende.
Trump vil med dette selge seg dyrt, tipper vi får en løsning lenge før julegløggen skal inntas, hipp og hei og Rec går til himmels....
01.09.2018 kl 09:53 4772

Det man kan håpe på for Rec sin del er at det blir en handelsavtale. For blir det en handelsavtale, så blir den å gjelde det meste av handel, en omfattende avtale er det eneste Trump godtar.
Redigert 01.09.2018 kl 09:54 Du må logge inn for å svare
01.09.2018 kl 13:10 4648

tidlige signaler.

"EU avslutter handelrestriksjoner på kinesiske solceller "
01.09.2018 kl 13:37 4613

China’s ambassador talks tough on trade, says US officials ‘don’t have sufficient common sense’

Cui Tiankai, usually soft-spoken, says Trump administration ‘should give up the illusion that China will ever give in to intimidation’
19.09.2018 kl 22:33 3941

China risks standing alone against the United States in US President Donald Trump’s trade war, with its allies showing signs of compromise, a former American trade official has warned.
02.10.2018 kl 06:45 3686

Trump Clears Deck for China Trade War by Striking New Nafta

- U.S. negotiators had China in mind when reaching regional pact

- U.S. has ‘a lot of catching-up to do with China,’ Trump says

President Donald Trump looks to be preparing for a potentially protracted economic war with China by clearing the decks of disputes with America’s other trading competitors.

In just the last few weeks, he’s struck a last-minute deal with Canada and Mexico, signed a trade agreement with South Korea and convinced Japan to begin bilateral economic negotiations. The North American accord also includes provisions seemingly aimed at keeping Chinese products out of the region.

“Several months ago the U.S. had a multi-pronged attack on its trading partners,” said Dec Mullarkey, managing director for Sun Life Investment Management which oversees $47 billion in assets. “Now the U.S. can zero in on China.”

That’s good news and bad news for the global economy. On the plus side, it suggests that Trump is not an ultra-isolationist who’s opposed to all types of trade. As economists from JPMorgan Chase & Co. see it, the president is holding back from launching a “war on trade” that could upend the world economy.

But he is embarking on a trade war with China that will take a bite out of both countries’ economies next year and raise the risk of a broad pullback in global business confidence, they said in a Sept. 28 research note.

“It’s too early to talk” with China, Trump said on Monday in announcing the new pact with Canada and Mexico at the White House. “Can’t talk now, because they’re not ready, because they’ve been ripping us for so many years. It doesn’t happen that quickly.”

China Focus

U.S. negotiators clearly had China in mind when they hammered out the new trade deal with Mexico and Canada to replace the 1994 North American Free Trade Agreement that Trump labeled a disaster.

The agreement’s rules of origin, which govern how much value of a car needs to be made in the region, have been touted by the Trump administration as a tool to keep out Chinese inputs and encourage production and investment in the U.S. and North America.

“The U.S. seems focused on keeping Chinese imports from gaining real market share in the U.S.,” said Flavio Volpe, president of Canada’s Automotive Parts Manufacturer’s Association. “The blunt protectionist stick used by this administration may end up creating a coalition of major trading partners that will be difficult for Chinese carrots to compete with.”

The revised agreement also requires the three nations to give three-months’ notice if they start trade negotiations with a “non-market economy,” an indirect reference to China. The U.S. can terminate its pact with Mexico or Canada if either of them strikes a deal with a non-market economy.

Currency Pact

Canadian Foreign Minister Chrystia Freeland on Monday downplayed the importance of the provision, saying the countries could always terminate the agreement if they wanted to. That is “a possibility which exists no matter what,”’ she told reporters in Ottawa.

The U.S.-Mexico-Canada Agreement, or USMCA, also prohibits its members from seeking to boost their economic competitiveness by devaluing their currencies, something Trump has accused China of doing in the past.

By settling on a deal with America’s neighbors -- and beginning talks with allies Japan and the European Union -- Trump is strengthening his negotiating position vis-a-vis strategic competitor Beijing.

“The next step will be to bear down on China with a broader coalition,” said David Hensley, director of global economics for JPMorgan Chase in New York, noting that other countries share America’s concerns about Beijing’s alleged unfair trade practices and mercantilism.

IP Condemnation

The trade ministers of the U.S., the European Union and Japan issued a joint statement last week squarely aimed at China, pledging to “address non market-oriented policies and practices of third countries” and condemning the theft of intellectual property from multinational corporations.

“If the U.S. were to strike new deals with its major trading partners, many of which are also key trading partners of China, Beijing could feel increasingly cornered,” said Eswar Prasad, a former China expert at the International Monetary Fund who now teaches at Cornell University.

Terry Haines, head of political analysis for Evercore ISI, said in a note to clients on Monday that his base case is that the U.S. and China won’t strike an agreement until 2019 at the earliest.

“But the new Nafta deal does show China and others that the Trump administration is willing to conclude new trade deals as long as they address core U.S. concerns,” he said.

Hard Asks

That though may be difficult for Beijing to do. That’s because the Trump administration is pressing for major changes in the way China manages its economy via subsidies and government-directed industrial policy.

“The things they’re asking for are pretty much unattainable,” said Phil Levy, senior fellow on global economy at the Chicago Council on Global Affairs and a former trade economist in George W. Bush’s Council of Economic Advisers.

Trump himself seemed to allude to the difficulties ahead in his comments to reporters on Monday.

“They do whatever they want,” he said, referring to Beijing, adding, “We have a lot of catching up to do with China.”
03.10.2018 kl 15:15 3482

Pompeo reiser til Kina førstkommende mandag.

"BEIJING: US Secretary of State Mike Pompeo will travel to China on Monday, Chinese State Television reported on Wednesday (Oct 3), citing a Chinese Foreign Ministry spokeswoman, with the two countries embroiled in an escalating trade war.

The two governments will exchange views over their bilateral relationship and international and domestic issues concerning by both sides, it reported, without giving details.

Read more at"
10.10.2018 kl 23:24 3147

Chinese finance ministry official says 'optimistic' on trade war breakthrough

NUSA DUA, Indonesia (Reuters) - A Chinese finance ministry official said on Wednesday he felt “a little bit more optimistic” on the prospect of breaking an impasse in trade negotiations with Washington, saying both sides are too economically integrated to tolerate a fallout.
11.10.2018 kl 22:51 3019

Trump and China’s Xi to meet in bid to end trade war tensions

President Trump and Chinese leader Xi Jinping have agreed to meet next month at the G-20 summit in Buenos Aires in hopes of resolving their intensifying trade conflict, according to three people briefed on the arrangement who requested anonymity because they were not authorized to speak to reporters.
12.10.2018 kl 11:52 2881

China said Friday it is in contact with the United States amid reports of a planned meeting between President Xi Jinping and President Donald Trump next month

Foreign ministry spokesman Lu Kang

"China and the U.S. maintain communication on dialogues and exchanges at all levels," Lu told reporters at a daily briefing.

12.10.2018 kl 12:00 2852

Det er noe jeg ikke helt forstår...
Dersom Rec taper på å produsere polysilisium. Hvordan kan da tilgang til polysilisiummarkedet i Kina løse alle problemene?
Det burde vel bare være bra at leveransen er minimal slik som situasjonen er?

Jeg minnes en kar som gikk konkurs; hans motto var "Jeg taper riktignok litt på hvert produkt, men det er volumet som drar (!)
29.10.2018 kl 10:40 2591

Gjør Kina seg mindre avhengige av en løsning på handelskonflikten med USA?

Japan-China Trade Agreements Brings Both Countries Together
27 Oct, 2018

Though China has recently been in the news for its trade policies, it had agreed to a new set of trade deals from an unlikely partner in Japan on Friday October 26th, 2018. According to the Independent and Japan Times, the two nations signed 500 agreements, including a currency swap deal (where 200 billion yuan was traded for 3.4 trillion yen to allow for easier financial transactions), search and rescue operations over each others’ respective waters and future plans on working together in other economic markets. Furthermore, Chinese Premier Li Keqiang said the total value of the deals is worth $2.6 billion, and both nations have confirmed cooperation to help denuclearize North Korea.
29.10.2018 kl 11:07 2511

@ Nikko. Det er andre her med spisskompetanse og tall, men det henger sammen med at økt produksjon gir høyere utnyttelsesgrad av total kapasitet, som resulterer i lavere kostnad per enhet. Mao, Critical mass of production.
30.10.2018 kl 00:11 2293

Ja hvem vet, Kina forstår nok at det ikke er bare dem som kan ha tollmurer.
30.10.2018 kl 06:20 2204

Da blir det fortgang i samtalene. Så spørs det om Trump har for store krav, eller om også han kan møtes litt mer inn mot midten.
30.10.2018 kl 07:54 2100

Nå kan det skje at Kina gjør noen tiltak i forkant av G20 møtet i slutten av november. De tenker i hvert fall på det.
Et tiltak er å fjerne straffetoll på varer fra USA, og hvis de tenker i de baner, så vil de komme med et utsagn som dette:

Officials in Beijing are also now seeking US assurances that any concessions they make will be linked to the lifting of tariffs by the Trump administration, said Craig Allen, president of the US-China Business Council, who led a delegation that met senior Chinese officials earlier this month.
30.10.2018 kl 08:10 2065

hm......har en følelse av at de kommer til en hvis enighet om ikke så lenge....- i så fall er det gull for REC!
08.11.2018 kl 19:39 1726

SEMI Supports U.S. Return to Trade Talks with China, Issues Trade Negotiation Principles

MILPITAS, Calif. – November 7, 2018 – SEMI, the global industry association serving the electronics manufacturing supply chain, today voiced support and encouragement for trade discussions between U.S. President Donald Trump and People's Republic of China President Xi Jinping – talks that are planned for Dec. 1 during the G20 Summit in Argentina in December. Representing the semiconductor industry end-to-end, from chip design through manufacturing, SEMI expressed hope for a deal and offered principles beneficial to the global microelectronics manufacturing supply chain.

Image result for semi logo
“With SEMI members being key enablers of the more than $2 trillion USD electronics manufacturing supply chain, SEMI has a clear foundational mission based on free and fair trade, open markets, and support for international laws governing IP, cybersecurity and national security,” said Ajit Manocha, SEMI president and CEO. “Adhering to these principles benefits all SEMI member companies and the global ecosystem of industries and applications enabled by semiconductor manufacturing. I commend our global government leaders for returning to the negotiating table.”

Recent tariffs and trade tensions, on top of newly imposed and rumored export controls, have complicated the global electronics manufacturing supply chain, forcing many SEMI member companies to rethink their investment strategies. Over the past six months, SEMI has testified that tariffs threaten to undercut the ability of many SEMI members to sell overseas by increasing costs, stifling innovation, and curbing U.S. technological leadership.

SEMI continues to educate U.S. lawmakers, as well as governments worldwide, about the critical importance of free and fair trade, open markets, and respect and enforcement of IP for all players in the global electronics manufacturing supply chain. As part of this initiative, SEMI is providing the 10 Principles for the Global Semiconductor Supply Chain in Modern Trade Agreements below to government officials and encouraging them to include these guidelines in forward-looking agreements.

These core principles outline the primary considerations for balanced trade rules that benefit SEMI members around the world, strengthen innovation and perpetuate the societal benefits of affordable microelectronics – essential components in all advanced communications, computing, transportation, healthcare and consumer electronics.

10 Principles for the Global Semiconductor Supply Chain in Modern Trade Agreements

1. Affirm principles of non-discrimination.

Non-discriminatory treatment is a central tenet of the global trading system. SEMI strongly believes that any trade deal should provide that all products from a party to the deal cannot be put at a competitive disadvantage in any other party’s market. Related, any agreement must be fully compliant with the World Trade Organization’s rules.

2. Maintain strong respect for intellectual property and trade secrets through robust safeguards and significant penalties for violators.

Protection for intellectual property are essential for the semiconductor industry. These standards enable the ability to innovate and grow. SEMI supports robust copyright standards, strong patent protections, and regulations that safeguard industrial design. SEMI also strongly supports rules that preserve trade secrets protection, including establishing criminal procedures and penalties for theft, including by means of cyber theft.

3. Remove tariffs and end technical barriers on semiconductor products.

Parties should eliminate tariffs and technical barriers on semiconductors and all technology products, that rely on electronic chips. Removing tariffs and technical barriers is crucial for businesses, especially for small and medium-sized enterprises, in penetrating new markets. Related, any trade deal should open markets for services providers, ensuring that all face fair and transparent treatment.

4. Simplify and harmonize the customs and trade facilitation processes.

The trade deals should include strong commitments on customs procedures and trade facilitation to ensure that border processing will be quick, transparent, and predictable. The parties should also work to use electronic customs forms to expediate customs processing.

5. Combat any attempts of forced technology transfer.

All trade deals should have clear and firm rules that prohibit countries from requiring companies to transfer their technology, intellectual property, or other proprietary information to persons in their respective territories.

6. Enable the free flow of cross-border data.

In today’s global economy, all industries, including the semiconductor industry, rely on the free flow of data. Countries should refrain from putting in place unjustifiable regulations that limit the free flow of information, which simply serve to curb innovation and impact growth. SEMI supports provisions that enable the movement of data, subject to reasonable safeguards for privacy and other protections.

7. Eliminate forced data localization measures.

Many countries have created laws that require physical infrastructure and data centers in every country they seek to serve, which adds unnecessary costs and burdens. Forward-looking policies should eliminate the use of forced data localization measures.

8. Harmonize global standards to achieve “one standard, one test, accepted everywhere.”

Businesses should not have to face different standards for each market they serve. Global standards, driven by industry, should be market-oriented, and there should be strong commitments on transparency, stakeholder participation and coordination.

9. Create transparent rules for state-owned and -supported enterprises to ensure fair and non-discriminatory treatment.

SEMI supports a trade deal that contains robust commitments to ensure that state-owned and -supported enterprises compete based on performance, quality and price, as opposed to discriminatory regulation, opaque subsidies, favoritism, or other tools that artificially benefit state-backed businesses.

10. Establish protections for companies and individuals that respect privacy while also balancing security.

Any trade deal should have firm consumer protections, including privacy, that enables ease of use, but also does not forgo security. SEMI support efforts to use encryption products in support of this venture and also believes that parties should work to advance efforts on cybersecurity through self-assessment, declaration of conformity, increased cooperation and information sharing, all of which will help prevent cyber-attacks and stop the diffusion of malware.

09.11.2018 kl 12:04 1513

Interessant det som skjer i kulissene, at det arbeides på et utkast/forhandlingsgrunnlag til en avtale.

Så bestemmer man seg plutselig for å møtes på diplomatisk nivå.
Som kringkastes for åpen scene. Og det er Trump sitt propaganda-trekk, og da har han noe i ermet, for å vise borgerne i USA at han virkelig skal få en god avtale med Kina.

Tror dette kommer til å bli veldig interessant med tanke på om en avtale er innen rekkevidde eller ikke.

Hvem tør stå ute over helga hvis det kommer noen positive pip herfra?