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WASHINGTON (AP) — Senate Majority Leader Chuck Schumer is leading a bipartisan congressional delegation to China next week, traveling to the country amid heightened tensions and after several members of President Joe Biden’s Cabinet visited over the summer. Schumer, along with Republican Sen. Mike Crapo of Idaho, is visiting government and business leaders in China, South Korea and Japan “with the goal of advancing U.S. economic and national security interests” in the region, his office said Tuesday. Secretary of State Antony Blinken visited China in June, followed by visits of Treasury and Commerce secretaries Janet Yellen and Gina Raimondo as well as climate envoy John Kerry. Political Cartoons View All 1196 ImagesBiden’s national security adviser Jake Sullivan also held two days of talks with China’s top diplomat Wang Yi in Malta last month. Wang is expected to visit Washington before the end of October on a trip that officials will nail down the date and venue of the expected Biden-Xi summit.
Persons: Chuck Schumer, Joe Biden’s, Schumer, Republican Sen, Mike Crapo of, Schumer —, , Biden, Xi Jinping, China’s, Antony Blinken, Janet Yellen, Gina Raimondo, John Kerry, Jake Sullivan, Wang Yi, Wang, Crapo, Democratic Sens, Maggie Hassan, Jon Ossoff of, Republican Sens, Bill Cassidy of, John Kennedy of, Matthew Lee Organizations: WASHINGTON, Republican, Biden, Economic Cooperation, Treasury, Democratic, ___ Associated Press Locations: China, Mike Crapo of Idaho, South Korea, Japan, Ukraine, Taiwan, South China, Asia, San Francisco, Malta, Washington, New Hampshire, Jon Ossoff of Georgia, Bill Cassidy of Louisiana, John Kennedy of Louisiana
Peak China may pose peak danger
  + stars: | 2023-10-02 | by ( Hugo Dixon | ) www.reuters.com   time to read: +7 min
For example, last week it installed a floating barrier by a rocky outcrop in the South China Sea claimed by the Philippines - which Manila promptly removed. A war between the United States and China still seems unlikely - because both sides know that the economic and human costs of a clash could be catastrophic. The United States and its Western allies are also worried that China could browbeat Japan and South Korea, two nations economically important to them. Meanwhile, the United States and other allies are imposing controls on the export of technology such as advanced chips to the People’s Republic. What’s more, the United States is finding it hard to maintain an emollient message.
Persons: Kim Kyung, Joe Biden, Xi Jinping “, Biden, Victor Sebestyen, Xi, Michael Beckley, Beckley, Hal Brands, Vladimir Putin, , Donald Trump, Goldman Sachs, Tufts ’ Beckley, Una Galani, Streisand Neto Organizations: People's Bank of China, REUTERS, Reuters, Austro, South China, Beijing, Tufts University, Washington, San, Economic Cooperation, Tufts, Thomson Locations: Beijing, CHINA, Greece, China, Vietnam, U.S, Taiwan, United States, Germany, France, British, Ottoman Empire, Hungarian Empire, Ukraine, South China, South, Philippines, Manila, China’s, India, People’s Republic, Japan, South Korea, America, Pacific, Washington, Hanoi, San Francisco, Asia, Taiwan Strait
The Commerce Department, which oversees export controls, is working on an update of export restrictions first released last year. "The PRC has been expecting an update around the one year anniversary, based on conversations with administration officials," the U.S. official said, using the abbreviation for People's Republic of China. U.S. officials provided the information to Chinese counterparts in recent weeks, the official said, which Reuters is reporting for the first time. The Biden administration has also sent a series of high-level officials to China, including Commerce Secretary Gina Raimondo in August. Treasury Secretary Janet Yellen also gave Chinese officials a warning in July about restrictions on U.S. investment in China released in August.
Persons: Florence Lo, Biden, Gina Raimondo, Jake Sullivan, Wang Yi, Liu Pengyu, Peter Harrell, Janet Yellen, Xi, ASML, Alexandra Alper, Karen Freifeld, Chris Sanders, Anna Driver Organizations: REUTERS, Beijing, U.S, Commerce Department, People's, Reuters, National, Foreign, of Commerce, White House, Economic Cooperation, Thomson Locations: China, WASHINGTON, People's Republic of China, Beijing, U.S, United States, Washington, Asia, San Francisco, Bali, India, Netherlands, Japan
A new US bill to prevent a government shutdown omits further aid for Ukraine. Ukraine's President Zelenskyy told US politicans, "If we don't get aid, we will lose the war." AdvertisementAdvertisementUS Congress passed a bill to fund government services temporarily but suspended aid to Ukraine, The Associated Press reported. The funding was later approved, but Ukraine aid opponents are growing in numbers. Yesterday, Joe Biden urged Congress to continue aid provisions to Ukraine, Sky News reports.
Persons: Zelenskyy, , forestalling, Mitch McConnell, Marienko Andrew, Volodymyr Zelenskyy, Joe Biden, Chuck Schumer, J.D, Vance, Donald Trump, Vladimir Putin, JORGE SILVA, Marjorie Taylor Greene, MAGA, baselessly, Trump, Vladimir Putin's, Biden Organizations: Ukraine, US, Service, Associated Press, Republican Party, Trump MAGA, White House, Eastern, Bloomberg, Republicans, Trump, Economic Cooperation, Getty, Times, Georgia Rep, Republican, Sky News, Sky Locations: Ukraine, China, Kharkiv, America, Asia, Danang, Russia
China is willing to play a "constructive" role in the success of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, its top diplomat said on Tuesday, after President Xi Jinping's absence at the annual Group of 20 summit in India. "As the world's largest developing country and an important member of APEC, China is willing to comply with the expectations of the international community and play a constructive role in the success of APEC this year," said Chinese Foreign Minister Wang Yi. Xi, with no official explanation, did not go to the G20 summit in New Delhi this month, with the Chinese premier, Li Qiang, attending in his place. That prompted the United States to say China was "giving up" on the G20 and was building an alternative world order. "Of course, we and all parties hope that the United States will recognize its responsibility as the host, demonstrate openness, fairness, inclusiveness, and responsibility, and create better conditions for the smooth holding of the meeting," Wang said at a news conference, when asked whether Xi would attend APEC.
Persons: Cyril Ramaphosa, Brazil Luiz Inacio Lula da Silva, China Xi Jinping, India Narendra Modi, Sergei Lavrov, Xi, Wang Yi, Li Qiang, Wang Organizations: Russia's, United Arab, Economic Cooperation, APEC Locations: China, India, Argentina, Egypt, Ethiopia, Iran, United Arab Emirates, Saudi Arabia, Sandton, Johannesburg, South Africa, Asia, San Francisco, New Delhi, United States
BEIJING, Sept 26 (Reuters) - China is willing to play a "constructive" role in the success of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, its top diplomat said on Tuesday, after President Xi Jinping's absence at the annual Group of 20 summit in India. "As the world's largest developing country and an important member of APEC, China is willing to comply with the expectations of the international community and play a constructive role in the success of APEC this year," said Chinese Foreign Minister Wang Yi. Xi, with no official explanation, did not go to the G20 summit in New Delhi this month, with the Chinese premier, Li Qiang, attending in his place. That prompted the United States to say China was "giving up" on the G20 and was building an alternative world order. Dialogue between China and the United States has been gradually resuming despite tensions between the two superpowers, especially over Taiwan.
Persons: Xi, Wang Yi, Li Qiang, Wang, Biden, Washington's, Albee Zhang, Liz Lee, Christopher Cushing, Gerry Doyle Organizations: Economic Cooperation, APEC, Thomson Locations: BEIJING, China, Asia, San Francisco, India, New Delhi, United States, Taiwan, Beijing, Pacific, Philippines
BEIJING (Reuters) - China is willing to play a "constructive" role in the success of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, its top diplomat said on Tuesday, after President Xi Jinping's absence at the annual Group of 20 summit in India. "As the world's largest developing country and an important member of APEC, China is willing to comply with the expectations of the international community and play a constructive role in the success of APEC this year," said Chinese Foreign Minister Wang Yi. Xi, with no official explanation, did not go to the G20 summit in New Delhi this month, with the Chinese premier, Li Qiang, attending in his place. That prompted the United States to say China was "giving up" on the G20 and was building an alternative world order. Dialogue between China and the United States has been gradually resuming despite tensions between the two superpowers, especially over Taiwan.
Persons: Xi, Wang Yi, Li Qiang, Wang, Biden, Washington's, Albee Zhang, Liz Lee, Christopher Cushing, Gerry Doyle Organizations: Economic Cooperation, APEC Locations: BEIJING, China, Asia, San Francisco, India, New Delhi, United States, Taiwan, Beijing, Pacific, Philippines
U.S. Trade Representative Katherine Tai chairs the Indo-Pacific Economic Framework meeting in Detroit, Michigan, U.S. May 27, 2023. The latest review marks the U.S. Trade Representative office's 14th labor rights complaint against facilities in Mexico since the U.S.-Mexico-Canada Agreement (USMCA) on trade took effect in 2020, including nine this year. U.S. Trade Representative Katherine Tai said the request was intended to "address a serious violation of workers' rights" at the automotive parts factory, involving an employer possibly terminating workers for engaging in union activity. The Mexican government has ten days to review the U.S. request, and if it accepts, another 45 days to investigate the case. Mexico has recently denied two requests for probes into labor rights concerns, rejecting a U.S. call to review Grupo Yazaki's auto components factory in the state of Guanajuato and also a Grupo Mexico mine labor probe.
Persons: Katherine Tai, Rebecca Cook, Tai, Teklas, Brendan O'Boyle, Isabel Woodford, Sonali Paul Organizations: Trade, REUTERS, Automotive, U.S . Trade, office's, . Trade, Washington, Grupo, Thomson Locations: Detroit , Michigan, U.S, MEXICO, Mexico, Mexican, Aguascalientes, Canada, States, Turkey, Europe, North America, China, Guanajuato, Grupo Mexico
MEXICO CITY (AP) — Mexico’s top diplomat, Alicia Bárcena, said Friday that President Andrés Manuel López Obrador wants to travel to Washington D.C. in early November to meet with U.S. President Joe Biden about immigration, development aid and drug trafficking. Bárcena's comments came just a day after López Obrador announced he will skip the Asia-Pacific Economic Cooperation summit in November in San Francisco because his country “has no relations” with Peru. López Obrador previously claimed Peru’s current government was installed by a coup and that he still considers ousted president Pedro Castillo to be the country’s legitimate leader. It would not be the first time that López Obrador has skipped international meetings in the United States because of who else was or wasn’t invited. Last year, he skipped the Summit of the Americas in Los Angeles because Nicaragua and Venezuela were not invited.
Persons: — Mexico’s, Alicia Bárcena, Andrés Manuel López Obrador, Joe Biden, Bárcena, Greg Abbott, Abbott, Venezuela “, Bárcena's, López Obrador, , Pedro Castillo Organizations: MEXICO CITY, Washington D.C, U.S, Texas Gov, Venezuela, Economic Cooperation Locations: MEXICO, Washington, Mexico, Mexico’s, Darien, Colombia, Panama, New York, Ciudad Juarez, El Paso , Texas, Rio, Mexican, Tapachula, Guatemala, Mexico City, China, Asia, San Francisco, Peru, United States, Americas, Los Angeles, Nicaragua, Venezuela
WASHINGTON (AP) — The U.S. Treasury Department and China's Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the nations. Led by Treasury Secretary Janet Yellen and Vice Premier He Lifeng, the working groups will be divided into economic and financial segments. The working groups will “establish a durable channel of communication between the world’s two largest economies,” Yellen said in a series of planned tweets shared with The Associated Press ahead of Friday's announcement. The groups' launch also comes after Secretary of State Antony Blinken met with China’s vice president on Monday on the sidelines of the U.N. General Assembly. China is one of the United States' biggest trading partners, and economic competition between the two nations has increased in recent years.
Persons: Janet Yellen, Lifeng, Yellen, Joe Biden, Xi Jinping, Biden, Xi, Antony Blinken Organizations: WASHINGTON, U.S . Treasury Department, China's Ministry of Finance, The Associated Press, Pacific Economic, Treasury Department, Democratic, General Assembly, , Communist, The U.S, Commerce Locations: U.S, China, Asia, San Francisco, Bali, United States, Carolina, North America, Xinjiang, Hong Kong, Tibet, Russia, Ukraine, The
[1/2] Mexico's President Andres Manuel Lopez Obrador and Chile's President Gabriel Boric (not pictured) deliver a statement to the media at La Moneda government palace in Santiago, Chile, September 10, 2023. "I'm not going to attend the San Francisco one because we don't have relations with Peru," Lopez Obrador said, speaking at a regular government press conference. Just last month Lopez Obrador said he intended to be at the APEC event and would hold talks with Biden there. The U.S. will be the chair of the summit in San Francisco. Lopez Obrador said he would discuss migration, drug trafficking, violence and trade with Biden.
Persons: Andres Manuel Lopez Obrador, Gabriel Boric, Ivan Alvarado, Joe Biden, Lopez Obrador, I'm, Biden, Lopez Obrador's, Pedro Castillo, Jake Sullivan, Lopez, Andrea Shalal, Dave Graham Organizations: La, REUTERS, U.S, Economic Cooperation, APEC, Peruvian, Canada, White House, Mexico City, Thomson Locations: Santiago , Chile, MEXICO, San Francisco, Washington, Asia, Peru, Francisco, U.S, San Francisco . Mexico, United States, Lima, Americas, Los Angeles, Cuba, Venezuela, Nicaragua, White, Mexico, Gulf of Mexico
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Thursday he had proposed a visit to Washington in November to meet with U.S President Joe Biden, and had also invited Biden to visit Mexico. Speaking at a regular government press conference, Lopez Obrador said that he planned to discuss migration, drug trafficking, violence and trade with his U.S counterpart. He said he had proposed Washington because he was no longer going to attend the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco in November, citing Mexico's lack of diplomatic relations with Peru, the APEC forum's next chair. The Mexican president added that another possibility would be to meet Biden in January during a North American leaders' summit due to be hosted by Canada. The president said if Biden came to Mexico, he would invite him to see various energy and infrastructure projects under construction - including his multi-billion dollar flagship Tren Maya railway line - in the Gulf of Mexico and southern Mexico.
Persons: Andres Manuel Lopez Obrador, Joe Biden, Biden, Lopez Obrador Organizations: MEXICO CITY, U.S, Economic Cooperation, APEC, Biden, Canada, Mexico City Locations: MEXICO, Washington, Mexico, Asia, San Francisco, Peru, Gulf of Mexico
China's foreign minister Wang Yi and U.S. national security advisor Jake Sullivan met in Malta over the weekend. The bilateral talks come ahead of a possible meeting between China's President Xi Jinping and U.S. President Joe Biden at the Asia-Pacific Economic Cooperation leaders meeting in November. Their Malta meeting convened after several high level officials visited Beijing in recent months and just before Wang's meeting with Russian Foreign Minister Sergei Lavrov later this week. In readouts issued by the White House and China's Foreign Ministry, the two-day talks in Malta were characterized as "candid, substantive and constructive." Wang had re-assumed his former job as foreign minister after Xi removed his successor Qin from the position.
Persons: Wang Yi, Jake Sullivan, Xi Jinping, Joe Biden, Wang, Sullivan, Sergei Lavrov, Han Zheng, Xi, readouts, Qin Gang, Li Shangfu, Malta . Wang, Qin Organizations: Economic Cooperation, Russian, China's, Ministry, United Nations General Assembly, White, China's Foreign Ministry Locations: USA, China, U.S, Malta, Asia, Vienna, Beijing, New York, Ukraine, Taiwan Strait, Malta .
Sept 19 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The main exception appears to be oil, which continues to forge new peaks for the year in a steady march towards $100 a barrel. Could the oil price spike feature in the raft of central bank policy decisions and outlooks this week? In Asia, that would be the central bank meetings in Taiwan, the Philippines and Indonesia on Thursday, and Japan on Friday. Tuesday's Asian and Pacific economic calendar is pretty light, with the Reserve Bank of Australia's last policy meeting minutes the main event.
Persons: Jamie McGeever, Brent, South Korea's, Deepa Babington Organizations: U.S . Federal, Treasury, Bank of, South, U.S ., Reserve Bank of, Reserve Bank of Australia, Thomson, Reuters Locations: U.S ., Friday's, Indonesia, Japan, South Korea, Bank of Japan, India's, Asia, Taiwan, Philippines, Reserve Bank of Australia's, Malaysian, Malaysia
The meeting between Blinken and Han was the latest in a series of high-level talks between U.S. and Chinese officials that could lay the groundwork for a meeting between President Joe Biden and Chinese President Xi Jinping later this year. "The world expects us to responsibly manage our relationship," Blinken said in brief remarks at the beginning of his meeting with Han. Neither Blinken nor Han in their remarks explicitly mentioned whether such a meeting will materialize. "Currently, China-U.S. relations face many difficulties and challenges," Han told Blinken, noting that China hoped the U.S. would make efforts to implement the consensus reached by the two countries' leaders and promote the stable development of relations. "The world needs stable and healthy China-U.S. relations,” Han said.
Persons: Antony Blinken, Han Zheng, Julia Nikhinson, Jake Sullivan, Wang Yi, Han, Joe Biden, Xi Jinping, Blinken, Gina Raimondo, Janet Yellen, John Kerry, Biden, Xi, ” Han, Humeyra Pamuk, Michael Martina, Sandra Maler Organizations: REUTERS Acquire, United Nations General Assembly, White House, Foreign, U.S, U.S . Commerce, Biden, Economic Cooperation, Thomson Locations: New York, U.S, Malta, Blinken, United States, China, India, Asia, San Francisco
CNN —Russia and China will continue “well-coordinated work” at the UN General Assembly this week, as well as the Asia-Pacific Economic Cooperation summit this fall, Russian Foreign Minister Sergey Lavrov predicted on Monday, during a visit from China’s top diplomat Wang Yi in Moscow. “I am confident that our well-coordinated work will continue during these forums,” he added. However, cooperation between Beijing and Moscow is not directed against other countries, Chinese Foreign Minister Wang Yi emphasized during his Moscow trip. “China and Russia pursue independent foreign policies. Russian Prime Minister Mikhail Mishustin said in May that he expected trade with China would top $200 billion this year.
Persons: Sergey Lavrov, Wang Yi, , Lavrov, Wang, , Xi Jinping, Vladimir Putin, ” Wang, Mikhail Mishustin Organizations: CNN, UN, Assembly, Economic Cooperation, Reuters, Moscow, Russian Locations: Russia, China, Asia, Russian, China’s, Moscow, United States, Ukraine, Beijing
China’s Foreign Ministry said the two sides agreed to continue high-level communication on several fronts, including consultations on Asia-Pacific affairs, maritime affairs, and foreign policy. Biden and Xi last met in November 2022 on the sidelines of the G20 summit in Bali. Military communicationThe two sides also discussed the need to re-establish military-to-military dialogue between the US and China, the senior Biden official said following the weekend meeting. Wang would visit the country between September 18 and 21, China’s Foreign Ministry said Monday. He is expected to meet Russian Foreign Minister Sergey Lavrov to discuss “a wide range of bilateral cooperation issues,” according to a statement from the Russian Foreign Ministry last week.
Persons: Hong Kong CNN —, Wang Yi, Jake Sullivan, Joe Biden, Xi Jinping, Xi, Biden, Wang, Sullivan, Nancy Pelosi, China’s, , Li Shangfu, Li, Qin Gang, Sergey Lavrov, Vladimir Putin, Kim Jong Un Organizations: Hong Kong CNN, United, China’s, Ministry, Economic Cooperation, Biden, White, US, Party, Foreign Ministry, Chinese Defense, Communist Party, Foreign, Russian, Russian Foreign Ministry, North Locations: China, Hong Kong, United States, Malta, Asia, Pacific, Beijing, San Francisco, Bali, Washington, Taiwan, Taiwan Strait, , Ukraine, Moscow, Pyongyang
[1/2] White House National Security Advisor Jake Sullivan speaks during a press briefing at the White House in Washington, D.C., U.S., September 15, 2032. REUTERS/Sarah Silbiger/File Photo Acquire Licensing RightsWASHINGTON/BEIJING, Sept 17 (Reuters) - White House national security adviser Jake Sullivan met with Chinese Foreign Minister Wang Yi in Malta this weekend, Beijing and Washington said on Sunday, as the world's two largest economies seek to stabilize troubled relations. Both sides held "candid, substantive and constructive" talks during multiple meetings held Sept. 16-17, according to separate statements from the White House and the Chinese foreign ministry published Sunday. China's foreign ministry said both sides agreed to maintain high-level exchanges and hold bilateral consultations on Asia-Pacific affairs, maritime affairs and foreign policy. Biden and Xi last met in 2022 on the sidelines of a G20 summit on Indonesia's resort island of Bali.
Persons: Jake Sullivan, Sarah Silbiger, Wang Yi, Wang, Joe Biden, Xi Jinping, Sullivan, Washington, Biden, Xi, Gina Raimondo, Antony Blinken, Janet Yellen, Steve Holland, Andrea Shalal, Laurie Chen, Jason Lange, Scott Malone, Will Dunham, Susan Fenton Organizations: White, National, Washington , D.C, REUTERS, WASHINGTON, White House, Foreign, Economic Cooperation, . Commerce, U.S, Thomson Locations: Washington ,, BEIJING, Malta, Beijing, Washington, Vienna, Asia, Pacific, Taiwan, United States, U.S, India, San Francisco, China, Bali
CNN —China appears to have suspended its surveillance balloon program following a major diplomatic incident earlier this year, when one of the country’s high-altitude spy balloons transited the United States, multiple sources familiar with US intelligence assessments told CNN. The apparent suspension of the program comes as both the US and China have sought to stabilize an increasingly tense relationship. The US assessed at the time that the spy balloon was part of an extensive surveillance program run by the Chinese military, CNN has previously reported. “We believe that (the balloon) did not collect while it was transiting the United States or flying over the United States, and certainly the efforts that we made contributed,” Pentagon Press Secretary Brig. The more sensitive radar systems led the US military to spot more unidentified objects in US airspace, however, leading to three additional shootdowns of unidentified high-altitude objects in the weeks following the Chinese balloon incident.
Persons: Liu Pengyu, majeure, ” Liu, Joe Biden, Xi Jinping, Xi “, Xi, , Biden, Antony Blinken, Nancy Pelosi, enraging Xi, Christopher Johnson, Johnson, ’ ” Johnson, Pat Ryder Ryder, Trump, Glen VanHerck Organizations: CNN, Communist Party, US, Economic Cooperation, CIA, Center for Strategic, International Studies, Foreign Ministry, FBI, Pentagon, Northern Command, North American Aerospace Defense Command Locations: China, United States, American, Beijing, Taiwan, Hainan, Alaska, Canada, Idaho, Montana, Asia, San Francisco, United
Sept 14 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The global policy picture, however, could be a lot clearer on Thursday when the European Central Bank delivers its latest rate decision. The Asian and Pacific economic data calendar has a few top-tier releases lined up for Thursday, including Australian unemployment, Japanese machinery orders, Indian wholesale inflation and Indian trade. Annual wholesale inflation in India is expected to be negative for a fifth straight month but continue moving further away from July's 4% deflation. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Jamie McGeever, Josie Kao Organizations: Reserve, European Central Bank, Reuters, hawkish Bank of Japan, Apple, Commission, Wednesday, Thomson Locations: U.S, India, July's, China, Beijing, Australia, Japan
Other countries that Vietnam has extended this designation to include China and Russia. Giving the U.S. the same status suggests that Vietnam wants to hedge its friendships as U.S. and European companies are looking for alternatives to Chinese factories. “We find ourselves in a situation where all of these changes around the world are taking place,” Biden explained about the Vietnam trip last month. "We have an opportunity, if we’re smart, to change the dynamic.”Political Cartoons View All 1148 ImagesU.S. trade with Vietnam has already accelerated since 2019. “I’ve gotten a call from the head of Vietnam, desperately wants to meet me when I go to the G20,” Biden said.
Persons: Joe Biden, Biden, they’re, Xi, ” Biden, Gina Raimondo, Raimondo, ” Raimondo, IPEF, Jake Sullivan, Lê Hoài Trung, Trung, Sullivan, Nguyễn Phú Trọng, I’ve, , Gregory Poling, ” Poling, Poling, Organizations: DELHI, United, U.S, Group, Census, Peterson Institute of International Economics, White House, Biden, Communist Party of Vietnam, Southeast Asia Program, Asia Maritime, Center for Strategic, International Studies Locations: Vietnam, United States, China, Asia, Russia, Salt Lake City, India, Cambodia, Malaysia, Indonesia, U.S, Washington, Helsinki, Maine, Beijing,
Indonesia proposes critical minerals trade deal with US
  + stars: | 2023-09-07 | by ( ) www.reuters.com   time to read: +2 min
Indonesian President Joko Widodo and U.S. Vice President Kamala Harris ride on an escalator during the 43rd ASEAN Summit in Jakarta, Indonesia, September 6, 2023. REUTERS/Willy Kurniawan/Pool Acquire Licensing RightsJAKARTA, Sept 7 (Reuters) - Indonesia has asked the United States to begin talks on a trade deal for critical minerals so that exports from the Southeast Asian country can be covered under the U.S. Inflation Reduction Act, an Indonesian ministry said on Thursday. Indonesia does not have a free trade agreement with the United States, but the resource-rich country has ambitions to become a major player in the manufacturing of EVs and their batteries, leveraging its vast nickel reserves. "Indonesia invites the U.S. to discuss the formation of the Critical Mineral Agreement," Jokowi added. Harris, during the opening speech of the bilateral meeting, said she would continue to work with Indonesia to build supply chains that included "critical minerals required to expand our clean energy economies" and to boost trade between the two countries through IPEF.
Persons: Joko Widodo, Kamala Harris, Willy Kurniawan, EVs, Jokowi, Luhut Pandjaitan, Harris, Gayatri Suroyo, Kanupriya Kapoor Organizations: ASEAN Summit, REUTERS, Rights, U.S, Association of Southeast Asian Nations, ASEAN, Economic, EV, IPEF, Thomson Locations: Jakarta, Indonesia, Rights JAKARTA, United States, Washington, North America, U.S, Indonesian, Japan
He will have at least one advantage: Chinese President Xi Jinping will not be at the meetings. "But the question ... is whether the United States will be able to step up." FAST GROWTH, HIGH DEBTChinese Premier Li Qiang will represent China at the G20 as its leaders cope with sagging growth and a possible property debt crisis. For his part, Xi is also finding new ways to engage the developing world, hosting a gathering of Central Asian leaders and discussing development in May. Xi is also expected to attend an Asia-Pacific Economic Cooperation (APEC) summit in San Francisco in November, where he may meet with Biden.
Persons: Joe Biden, Leah Millis, Biden, Xi Jinping, Zack Cooper, Li Qiang, Vladimir Putin, Sergei Lavrov, Jake Sullivan, Donald Trump's, Sullivan, White, Khulu Mbatha, Cyril Ramaphosa, Trevor Hunnicutt, Nandita Bose, Michael Martina, Carien du, Don Durfee, Grant McCool Organizations: Warehouse Union, Pacific Maritime Association, White, REUTERS, Rights, World Bank, Bank, U.S, Partnership for Global Infrastructure, Investment, American Enterprise Institute, IMF, Global, White House, Trump, Republican, South, Central Asian, United, United Arab Emirates, Economic Cooperation, Biden, Thomson Locations: Washington , U.S, India, United States, Africa, Latin America, Asia, Washington, China, Russian, East, Central Asia, Saharan Africa, People's Republic, Ukraine, Brazil, South Africa, Beijing, Moscow, Russia, Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, United Arab, San Francisco, Carien du Plessis, Johannesburg
JAKARTA, Indonesia (AP) — It took more than a day of flying, including two refueling stops, for Vice President Kamala Harris to reach this year’s summit of Southeast Asian countries. Political Cartoons on World Leaders View All 226 ImagesPolitical Cartoons View All 1146 ImagesThis was her third trip to Southeast Asia since taking office — Harris heads back to Washington on Thursday — and she's visited more countries here than any other region. Harris' approval ratings remain underwater, and her announcements in Southeast Asia tend to be counted in the millions of dollars rather than the billions. “Everybody works their own way.”Harris' travel to Southeast Asia began in her first year in office, when she visited Singapore and Vietnam, but the trip almost didn't happen. But she’s put in the work," said Gregory B. Poling, who directs the Southeast Asia program at the Center for Strategic and International Studies.
Persons: Kamala Harris, Harris, , ” Harris, — Harris, she's, , Jake Sullivan, Joe Biden’s, she’s, Sullivan, Dinna Prapto, Phil Gordon, ” Gordon, Gregory B, Poling, David Rothkopf, Bill Clinton, there’s “, Biden didn't, Ferdinand Marcos Jr, it’s, Edna Tarigan Organizations: United, Associated Press, Lowy Institute, Association of Southeast Asian Nations, ASEAN, U.S, , Center for Strategic, International Studies, Economic Cooperation, AP Locations: JAKARTA, Indonesia, United States, Washington, Southeast Asia, China, Central America, Asia, Australia, Beijing, Jakarta, Singapore, Vietnam, Afghanistan, South China, Thailand, Philippines, U.S, Philippine, Palawan
REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsWASHINGTON, Sept 6 (Reuters) - The office of U.S. Trade Representative Katherine Tai on Wednesday further extended China "Section 301" tariff exclusions on 352 Chinese import and 77 COVID-19-related categories till Dec. 31 that were set to expire on Sept. 30. THE TAKEThe import tariff exclusions include industrial components such as pumps and electric motors, some car parts and chemicals, bicycles and vacuum cleaners. The COVID-related exclusions include medical products like face masks, examination gloves and hand sanitizing wipes. * The Trump administration had used Section 301 of the Trade Act of 1974, a statute aimed at combating trade partners' unfair practices, to launch the China tariffs. * China last week urged Chinese companies investing in the U.S. to be given "equal treatment" and called U.S. 301 tariffs on Chinese imports "discriminatory," when Raimondo visited Beijing.
Persons: Katherine Tai, Gina Raimondo, Rebecca Cook, Donald Trump, Trump, Raimondo, Kanishka Singh, Jonathan Oatis, Josie Kao Organizations: . Trade, U.S . Commerce, Detroit , Michigan U.S, REUTERS, Rights, . U.S . Commerce, U.S, misappropriating, Trade, Thomson Locations: U.S, Detroit , Michigan, China, ., misappropriating U.S, Beijing, Taiwan, Washington
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