US Economic Strength Gives Trump Leeway in Trade Fight With China

  1. US Economic Strength Gives Trump Leeway in Trade Fight With China  Wall Street Journal
  2. Hunker down: Trade war off-ramp won’t appear until 2019  The Hill
  3. Soy farmers say they’re getting hurt in Trump’s trade war with China  NBCNews.com
  4. US-China trade war elevates the risks to the global economy  Washington Post
  5. The Latest: China Files Another Complaint to WTO Over US  U.S. News & World Report
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Source: Google News

North Korea appeals to China for economic help as it reopens radio channel with the South

North Korea appeals to China for economic help as it reopens radio channel with the SouthNorth and South Korea reopened a maritime communication channel on Sunday, with vessels from the two countries making radio contact for the first time in a decade, South Korea’s Defence Ministry said in a statement. A North Korean patrol boat responded immediately when the South Korean Navy contacted it via an international radio channel at 9 am Sunday in the western sea, normalizing the maritime communication channel for the first time in 10 years, according to the ministry. The move showed the two Koreas were “taking practical steps” to uphold agreements made on April 27 when their leaders decided to defuse military tensions in a gradual manner, an official from the ministry said. It was also on Sunday reported that Kim Jong-un, the North Korean leader, has appealed to China’s Xi Jinping to help end sanctions against Pyongyang following his landmark summit with US President Donald Trump. Kim made the request during his third meeting with Mr Xi in Beijing last month, and the Chinese president promised to do his “utmost” to satisfy it, the Yomiuri Shimbun newspaper said. “We are feeling great pain due to economic sanctions. Now that we have concluded the US-North Korea summit in success, I want (China) to work toward early lifting of the sanctions,” Kim reportedly told Mr Xi, according to the newspaper. Kim chose Beijing – his main economic patron and diplomatic protector – for his first official foreign trip in March and met Mr Xi again in May in the northeastern port city of Dalian. Timeline of Kim Jong-un in Beijing In recent months the Cold War-era allies have sought to repair ties strained by Pyongyang’s nuclear tests and Beijing’s support of subsequent UN sanctions. Kim asked Mr Xi to help ease the sanctions that have crippled North Korea’s economy, and urged China to back Pyongyang in its denuclearisation talks with Washington, the report said. Mr Xi in turn told Kim he “actively supports North Korea’s reform and opening-up and will proactively cooperate with issues associated with the efforts”, according to the Yomiuri. He also urged North Korea to “continue (its) consultations with China” as it negotiates with the United States, the report said.


Source: Yahoo! News

Trump's top economic adviser says deficit 'is coming down rapidly,' contradicting virtually all available data

  1. Trump’s top economic adviser says deficit ‘is coming down rapidly,’ contradicting virtually all available data  Washington Post
  2. Trump’s top economic adviser says the deficit is going down, but the government disagrees  CBS News
  3. Trump’s Always-Wrong Economist Lawrence Kudlow Wrongly Says Deficit Is Falling  New York Magazine
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Source: Google News

Putin and Moon pledge economic links with North Korea

  1. Putin and Moon pledge economic links with North Korea  Financial Times
  2. South Korean General to Serve as Deputy Commander of US Army Unit  Wall Street Journal
  3. North Korea Has A Massive Submarine Force. Here’s Why It’s Basically A Joke  Task & Purpose
  4. ANALYSIS: North Korea a big winner in drill suspension  Asahi Shimbun
  5. The Pentagon has officially canceled military exercises with South Korea. Here’s what comes next.  Washington Post
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Source: Google News