Viet Nam News VIENTIANE – More than 120 businesses and units of Việt Nam and Laos will showcase their best products at the Việt Nam-Laos Trade Fair 2018. The fair will be held in the Lao capital city of Vientiane from June 28 to July 2. This was announced at a press conference held by the two countries’ ministries of industry and trade and ministries of defence in Vientiane on Monday. The fair, themed “Co-operation, friendship and development,” will take place at the Lao International Trade Exhibition and Convention Centre. It will feature more than 200 booths, covering an area of 6,000sq.m. Vietnamese firms are set to introduce high-quality and typical products, such as garment-textiles, leather and footwear, agro-forestry-seafood products, handicrafts, processed food, electrical and electronic equipment, mechanical and chemical products, construction material, fertilisers and animal food. Additionally, an exhibition area at the event will … [Read more...] about Trade fair to display best Vietnamese, Lao products
Department fair trading
Trump asserts falsely that US loses $100 billion annually in trade with Canada
Glenn Kessler, The Washington Post Published 2:24 pm, Saturday, June 16, 2018 "Fair Trade is now to be called Fool Trade if it is not Reciprocal. According to a Canada release, they make almost 100 Billion Dollars in Trade with U.S. (guess they were bragging and got caught!). Minimum is 17B." - President Donald Trump, in a tweet, June 10, 2018 - - - "We have a big trade deficit with Canada, I was reading, where, oh, it's actually a surplus. Not a surplus. It's either 17, but it could actually be 100. You know, they put out a document. I don't know if you saw it. They didn't want me to see it, but we found it. Perhaps they were trying to show the power they have. It's close to $100 billion a year loss with Canada." Recommended Video: Now Playing: President Trump says the U.S. is pulling out of a joint statement signed by leaders at the end of the latest G7 summit. Trump tweeted his reversal after what he called "false statements" by Canadian Prime Minister … [Read more...] about Trump asserts falsely that US loses $100 billion annually in trade with Canada
The China-U.S. Conflict Is About Much More Than Trade
May 19, 11:20 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Charles Burton 05/18/18 AT 3:17 PM The recent unprecedented, high-level U.S. delegation to Beijing has left China highly dissatisfied.The group included U.S. Treasury Secretary Steve Mnuchin and America’s toughest China critics, including Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer, and presidential trade adviser Peter Navarro.In the weeks after the trip, reports emerged about a “screaming match” between Navarro, a hardline protectionist where China’s concerned, and Mnunchin, who met one-on-one with his Chinese counterpart, angering Navarro.But regardless of tensions among American officials, the United States wants to see active measures from China to unconditionally reduce America’s US$375 billion annual trade deficit by US$100 billion this coming year, and another US$100 … [Read more...] about The China-U.S. Conflict Is About Much More Than Trade
China Halts US Sorghum Dumping Probe As Conciliatory Gesture Amid Trade Talks
May 18, 4:34 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Reuters 05/18/18 AT 2:59 AM China said on Friday it was dropping an anti-dumping probe into imports of U.S. sorghum, a conciliatory gesture as top officials meet in Washington in an effort to head off a trade war between the world’s two biggest economies.Beijing’s announcement that it was ending its investigation, which effectively halted a trade worth roughly $1.1 billion last year, came hours after U.S. officials familiar with the matter said China was offering a package to slash the U.S. trade deficit by up to $200 billion.“The imposition of anti-dumping and anti-subsidy measures on imports of sorghum originating from the United States would have a widespread impact on consumer living costs, and does not accord with the public interest,” China’s Commerce Ministry said in a statement.News of China’s offer of trade … [Read more...] about China Halts US Sorghum Dumping Probe As Conciliatory Gesture Amid Trade Talks
Trade Delegation Returns to U.S. with Consensus for ‘Immediate Attention’ to Relationship with China
Five top Trump administration officials are returning from two days of trade meetings with officials in China, bringing with them the message that the administration needs to give “immediate attention” to changing the U.S.-China trade and investment relationship. Treasury Sec. Steve Mnuchin led the delegation that included Commerce Sec. Wilbur Ross, U.S. Trade Representative Robert Lighthizer, Assistant to the President for Economic Policy Larry Kudlow, and Assistant to the President for Trade and Manufacturing Policy Peter Navarro. The meetings occured on Thursday and Friday.The White House called the discussions between Chinese officials and the U.S. trade delegation “frank.” The two sides discussed “rebalancing the United States-China bilateral economic relationship, improving China’s protection of intellectual property, and identifying policies that unfairly enforce technology transfers.” U.S. officials stressed to the Chinese the assertion … [Read more...] about Trade Delegation Returns to U.S. with Consensus for ‘Immediate Attention’ to Relationship with China