Page 119 - Export Controls News Today

Slashing your tires a little bit with these tariffs, that has long-term repercussions and they are not good because economists from around the spectrum from paul krudeman and steven moore on the right agree you should not make it tough for countries to trade with each other. it is bizarre. >> the mood, though, inside the white house is this is exactly the time to do this while the economy is humming and really low unemployment. for the point of strength, really, for the american economy. exactly...

United states is quite frankly insulting and unacceptable. >> mr. trudeau, i think he is overreacting. i dont want to get in the middle of that as a fine friend and ally of the united states. nobody denies that. but the point is we have to protect ourselves. >> and beijing is warning washington that all the progress thats been made in recent trade talks will be wiped out if the president follows through on his latest tariff threat on chinese exports. the white house isnt backing down. >> they ta...

Vehicles in the united states, the canadian aluminum that makes your fighter jets is somehow now a threat? the idea that we are somehow a national security threat to the united states is quite frankly insulting and unacceptable. >> and mr. trudeau, i think he is overreacting. i dont want to get in the middle of that as a fine friend and ally of the united states, nobody denies that. but the point is we have to protect ourselves. >> and beijing is warning washington that all the progress thats be...

With tariffs. it is targeting $8 billion of tariffs. which whiskey and harley davidson. commerce secretary wilbur ross says a decision will be announced today. ross was in paris yesterday. he heads to beijing for another u.s. trade battle. china and the u.s. is working on a trade deal. the u.s. just announced plans to target $50 billion in chinese goods. were going to get a list of the goods by june 15th. export controls. u.s. implement china for buying u.s. tech which comes june 20th. >> what i...

Billion worth of chinese goods and limit chinese investment in high-tech industries. this is a big reversal. recently, top u.s. officials have talked down a possible trade war with china. the white house is defending this move saying that this is needed to protect u.s. intellectual property from chinas, quote, discriminatory and burdensome trade practices. now the news caught beijing offguard. the u.s. and china announced a trade cease-fire less than two weeks ago. china calls this action a viol...

That. and what happened eventually was we started to see a little bit of improvement in chinas theft of u.s. tech but at the same time that chinas theft of our stuff by cybermeans declined, russias increased. you know, this was the russians werent taking it for themselves, i think they were working with the chinese. and we have done very little to impose costs on china for this. one thing the trump administration is thinking of right now is the section 301 tariffs. section 301 of the trade act o...

That. and what happened eventually was we started to see a little bit of improvement in chinas theft of u.s. tech but at the same time that chinas theft of our stuff by cybermeans declined, russias increased. you know, this was the russians werent taking it for themselves, i think they were working with the chinese. and we have done very little to impose costs on china for this. one thing the trump administration is thinking of right now is the section 301 tariffs. section 301 of the trade act o...

We heard a spokesman for the government say yesterday that he wouldnt close any doors on sanctions against putin or even against those who have a lot of money who are closely tied to putin, those who are sanctioned will put pressure on vladimir putin. do you think theres more to come? >> i sure hope so. one can only speculate why trump has been hesitant to follow through on the sanctions. we passed over 400 members of the house, close to unanimous, saying there ought to be additional sanctions i...

Military issues. among those countries were talking about cuba, iran, syria, egypt. why? many of those countries have very poor export controls and also the issue of corruption. an additional 19 countries, leland, helped participate in some way or another of putting up shell or front companies. among those countries were talking about china, russia and iran. and lastly, its worth noting here that north korea is able to generate a significant amount of hard currency by hacking into financial syst...

Obviously, but it just one small network. theres a broader network. i think the real response should to go after the irg see, there is a push right now inside washington to designate an entirely terrorist organization. these are the people behind the ballistic missiles, but also terrorism in the stranglehold on the iranian economy. >> heather: speaking of the economy, lets talk about this briefly. we have a chinese company at the same time all this is going on, theyre actually sending prohibited...