Tag: America

Trump Retracts Stance Over High End Technological Share With China
Americas

Trump Retracts Stance Over High End Technological Share With China

As a classic case of a turnaround yet again, Mr. Donald Trump has denounced his own people who were going ahead with what had been pushed by him in the first place.

It has been reported that through a series of tweets, Mr. Trump retracted his own statements of withholding technological know-how to China. In the previous weeks, the White House and Commerce Department had decided to halt the export of controlled technologies including jet engines and semiconductors to China. This would cost General Electric Co. dearly because they had taken due clearance from the concerned authorities in 2014 itself to supply engines for China’s homegrown airliner, in collaboration with French company Safran.

The halt in deliverable was being proposed out of concern that the products could be pirated and used to undermine U.S. commercial advantage in those sectors. GE, on its part has explained that it is not possible to reverse engineer the kind of technology they are sharing with China. Such technology has already existed with them before hand and they could have already done so, if they wanted. They had enough time to do so since 2014.

Trump has now done a turnaround, something which he is known to have done in the past, on the pretext that he does not want the wrong message to out in the market about the American sensibilities. Speaking to the media he said, “We don’t want to make it impossible to do business with us,” Mr. Trump tweeted. “That will only mean that orders will go to someplace else.”

It has been noted that America is threatened with China’s growing prowess in technology. Going ahead with everything which revolves around that fear, American officials are also considering changes to the foreign direct product rule. This will limit the use of U.S. technology in military and national-security functions. The changes would also require semiconductor manufacturers to obtain export licenses to use U.S. equipment when producing chips for Huawei Technologies Co. of China, people familiar with the discussions said.

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White House: Quit backing Assad ‘wrongdoings’, Trump presses Russia
Americas

White House: Quit backing Assad ‘wrongdoings’, Trump presses Russia

The White House on Sunday announced that President Donald Trump had asked Russia to end its backing for the Syrian regime’s “offenses” as he communicated the US worry over brutality in the Idlib area. 

Turkey’s foreign minister likewise urged his Russian partner over the assaults by Damascus on the last rebel-held bastion in the nation. 

On Sunday, supported by Russian airpower, Syrian President Bashar Al Assad made recent gains as he increased his attack on the holdout northwestern area of Idlib. 

In a phone call with Turkish President Recep Tayyip Erdogan, Trump “stated worry over the brutality in Idlib, Syria and … communicated the United States’ longing to see a conclusion to Russia’s aid for the Assad regime’s monstrosities.” 

As per the National, Four of the Turkish posts are believed to be encircled by Syrian forces, and Ankara has taken steps to assault Damascus if they don’t withdraw before the finish of February. 

Turkish Foreign Minister Mevlut Cavusoglu told reporters at the Munich Security Conference after he met with Russian Foreign Minister Sergey Lavrov that “I stressed that the assaults in Idlib must end, and it was essential to build up an enduring truce that would not be breached. 

Radical supporter Turkey and Damascus partner of Russia have worked intently on Syria lately regardless of being on rival sides of the nine-year battle. 

On Monday, A Turkish delegation will visit Moscow following Russian authorities visit Ankara last weekend however failed to arrive at a solid deal. 

On Sunday, War monitor the Syrian Observatory for Human Rights expressed that government forces “were in charge of all the small towns and villages around Aleppo for the first occasion since 2012.” 

Regime forces have, for quite a long time, been making gains in northwestern Syria and working on an area held by jihadists and allied rebels, concentrating their most recent plan on the West of Aleppo territory. 

The UN expressed that the Russian-led offensive has set off the most significant influx of relocation in Syria’s civil war, with 800,000 individuals escaping since it started in December.

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Trump Increases Sanctions EU Over Airbus
Americas, Geopolitics

Trump Increases Sanctions EU Over Airbus

The United States is now targeting the European Union over raise of tariff as European Union’s dispute over subsidies remains unresolved within the bloc. It is confirmed that the tariff would be raised by 15 percent.

From a 10 percent tariff imposed in October 2019, beginning March 18, the raise will apply to airplanes from France, Germany, Spain and the U.K.

Under a World Trade Organisation ruling, the US has won the rights to impose tariffs to the tune of 100 percent, if need be. After a 15 year battle, the WTO ruled in favour of America, when the dispute over EU awarding more than required subsidy to Airbus aircrafts.
The Office of the U.S. Trade Representative had then confirmed that they would impose the tariffs starting October 18, with 10% levies on jetliners and 25% duties on other products including Irish and Scotch whiskies, cheeses and hand tools.
With its current imposition of 15 percent, it has not decided to alter the current list, though trade analysts are hoping the US would loosen its tight noose on EU for a bit, owing to the fact that EU is also going through a tough restructuring phase with Britain exiting the bloc.

This is being seen as a pressure tactic yet again, where the USTR has made a formal statement and said that “The United States remains open to a negotiated settlement that addresses current and future subsidies to Airbus provided by the EU and certain current and former member States.” If you want more Geopolitics News and Updates follow us.

Defense Department Pushes For Mexico Wall Finance With Congress
Americas

Defense Department Pushes For Mexico Wall Finance With Congress

Despite a court ruling, the U.S. Defense Department is trying to push the Congress to move ahead with the erecting of a wall at the US Mexico border.
It has been confirmed that the lawmakers have received a request to reprogram more than $3.8 billion that had been earmarked for funding the National Guard and weapons programs. This, the political analysts feel will definitely set the stage for a possible confrontation with Democrats.
This was a central promise of President Donald Trump’s campaign for the White House four years ago and remains a solid bid for 2020 for a second term.
Congressional Democrats have earlier said that Trump’s decision was dangerous and misguided. No wonder they opposed Trump’s past diversion of billions of dollars in military spending to the border wall project.
Adding on a statement, Democratic Representatives Nita Lowey, chairwoman of the House of Representatives Appropriations Committee, and Pete Visclosky, chairman of the Defense Appropriations subcommittee, said, “President Trump is once again disrespecting the separation of powers and endangering our security by raiding military resources to pay for his wasteful border wall.”
Spilling the beans, Democratic aides have said that in order to finance the wall, literally $1.5 billion would come from the National Guard, and the rest from funds for procurement, including the Lockheed Martin Corp F-35 fighter jet program, Lockheed C-130 transport aircraft, Boeing Co P-8 Poseidon maritime patrol aircraft, Bell Boeing V-22 Osprey tilt-rotor aircraft, and shipbuilding. See more News of America Today .

EU Top Diplomat To Discuss Way Out With Iran
Middle East & Africa

EU Top Diplomat To Discuss Way Out With Iran

Top EU diplomat Josep Borrell has plans to visit Iran according to confirmed news from Tehran and Brussels. This will be his first visit since taking office where he aims to reduce rising tensions over the Islamic republic’s nuclear programme.

On his two day trip, Borrell will be meeting up with all top level Iranian officials. This includes President Hassan Rouhani, Foreign Minister Javad Zarif and parliamentary speaker Ali Larijani. Borrell intends to de-escalate the tension that has been mounting between the US and Iran, after the US retracted itself from the 2015 Nuclear Deal. His visit also aims to come out with a viable political solution.

Washington took to imposing sanctions over Tehran something that has crippled the latter’s economy.  It has been the EU sentiment that Borrell’s visit will convey, of that of ‘preservation’ of the nuclear deal  known as the Joint Comprehensive Plan of Action, and to discuss cooperation between the EU and Iran.

The nuclear deal was landmark movement by then president of US, Barack Obama, under which Iran had received partial reprieve from crippling international sanctions. In return, Tehran had agreed to drastically reduce its nuclear activities and to submit to a tailor-made inspection regime by the International Atomic Energy Agency (IAEA). Donald Trump has undone everything good that had been done by his predecessor, pushing Iran to move to take drastic measures in order to retaliate to the mounting economical pressure brought forth by the US. All participating nations in the 2015 Nuclear deal are against any kind of violent outcome. This includes France, Germany, Britain, China, and Russia as well, though Moscow is known to dance to its own tune. Watch more news about Middle East Latest news, Latest news on africa .

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An American bank Wells Fargo & Co has finally agreed to wrongdoing in the form of pressurizing employees in a fake accounts scandal.
#WellsFargo #Bank #USA #news
https://theworldreviews.com/americas/2020/02/22/wells-fargo-bank-admits-to-stealing-money-from-public/

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