Ralph Winnie Jr. with the Mongolian President
Wednesday, December 4, 2019
Tuesday, November 5, 2019
CNBC Reuter’s quote of Ralph Winnie, Jr. regarding tariffs on China
UPDATE 3-China presses Trump for more tariff roll-backs in ‘phase one’ trade deal
deal@ (Adds details from Xi speech, source; changes date)
WASHINGTON, Nov 5 (Reuters) - China is pushing U.S. President Donald Trump to remove more tariffs imposed in September as part of a “phase one” U.S.-China trade deal, people familiar with the negotiations said on Monday.
The deal, which may be signed later this month by Trump and Chinese
President Xi Jinping at a yet-to-be determined location, is widely
expected to include a U.S. pledge to scrap tariffs scheduled for Dec. 15
on about $156 billion worth of Chinese imports,
including cell phones, laptop computers and toys.
A U.S. official said the fate of the Dec. 15 tariffs is being considered as part of negotiations and a potential signing trip this month.
Another source briefed on the talks said Chinese negotiators want Washington to drop 15% tariffs on about $125 billion worth of Chinese goods that went into effect on Sept. 1. They are also seeking relief from earlier 25% tariffs on about $250 billion of imports from machinery and semiconductors to furniture.
A person familiar with Beijing’s negotiating position said that China is continuing to press Washington to “remove all tariffs as soon as possible.”
China’s request to remove the Sept. 1 duties was earlier reported by Politico, citing sources. The Financial Times newspaper also reported the White House was considering whether to roll back the Sept. 1 tariffs, which cover some clothing items, flat-screen televisions, smart speakers and Bluetooth headphones.
Ralph Winnie, director of the China program at the Eurasia Center, said wrapping up the interim trade pact would provide a boost to both the U.S. and Chinese economies, while handing Trump an important win among farmers - a core constituency.
“Its in both countries interest to have this trade deal,” Winnie said. “If he seals the deal, it will be looked on very favorably by the American people. Its a win-win for both countries.”
Speaking on Tuesday at an import fair aimed at burnishing China’s free-trade credentials, President Xi Jinping called on countries to stand against protectionism and reiterated pledges to continue to open China’s economy and strengthen protection of intellectual property rights.
Foreign governments and business groups have become sceptical of Chinese reform promises and have longed warned that China would invite retaliation if it didn’t match the openness of its trading partners.
COPYRIGHTS, NOT SUBSIDIES
Since Trump took office in 2017, his administration has been pressing China to curb massive subsidies to state-owned firms and end the forced transfer of American technology to Chinese firms as a price of doing business in China.
Analysts say the phase one deal will fail to adequately address these issues, focusing largely on Chinese purchases of U.S. farm goods and intellectual property protections related to copyright and trademark issues. It will not address industrial subsidies at all.
China was requesting some changes to the text, but parts of the agreement are very close to finished, including the text on financial services, said a U.S. source briefed on the negotiations. The text on agriculture was dozens of pages long and nearly completed, the source said.
It is important to both sides to get this agreement across the finish line, said the source, adding that the two presidents were very likely to meet before the end of the month.
Charles Boustany, a former congressman from Louisiana and counselor at the National Bureau of Asian Research, said any initial agreement would likely be short-term in nature and unstable.
“Even though there’s some talk about a phase one agreement, we don’t think its going to be substantive in terms of addressing any of the structural problems,” he said. “It would largely be a status quo situation where China continues to do what its doing.”
Some business groups complain that a central component of the “phase one” deal - increased access to China’s financial services market - will fall short of its promises, because of inconsistencies in China’s new foreign investment law.
In comments submitted to the Chinese government by the U.S. Chamber of Commerce, the American Chamber of Commerce in China and the U.S. Information Technology Office, the groups pointed out that Beijing’s draft regulations “do not address clear differences between the treatment of China’s state-owned enterprises and the private sector,” according to a person familiar with the comments.
Trump had said on Friday that negotiations on the initial phase agreement were going well and he hoped to sign the deal with Xi at a U.S. location when work on the deal was completed. (Additional reporting by Mekhla Raina in Bengaluru and John Ruwitch and Winni Zhou in Shanghai. Editing by Chris Reese, Sandra Maler, Shri Navaratnam and Lincoln Feast.)
WASHINGTON, Nov 5 (Reuters) - China is pushing U.S. President Donald Trump to remove more tariffs imposed in September as part of a “phase one” U.S.-China trade deal, people familiar with the negotiations said on Monday.
A U.S. official said the fate of the Dec. 15 tariffs is being considered as part of negotiations and a potential signing trip this month.
Another source briefed on the talks said Chinese negotiators want Washington to drop 15% tariffs on about $125 billion worth of Chinese goods that went into effect on Sept. 1. They are also seeking relief from earlier 25% tariffs on about $250 billion of imports from machinery and semiconductors to furniture.
A person familiar with Beijing’s negotiating position said that China is continuing to press Washington to “remove all tariffs as soon as possible.”
China’s request to remove the Sept. 1 duties was earlier reported by Politico, citing sources. The Financial Times newspaper also reported the White House was considering whether to roll back the Sept. 1 tariffs, which cover some clothing items, flat-screen televisions, smart speakers and Bluetooth headphones.
Ralph Winnie, director of the China program at the Eurasia Center, said wrapping up the interim trade pact would provide a boost to both the U.S. and Chinese economies, while handing Trump an important win among farmers - a core constituency.
“Its in both countries interest to have this trade deal,” Winnie said. “If he seals the deal, it will be looked on very favorably by the American people. Its a win-win for both countries.”
Speaking on Tuesday at an import fair aimed at burnishing China’s free-trade credentials, President Xi Jinping called on countries to stand against protectionism and reiterated pledges to continue to open China’s economy and strengthen protection of intellectual property rights.
Foreign governments and business groups have become sceptical of Chinese reform promises and have longed warned that China would invite retaliation if it didn’t match the openness of its trading partners.
COPYRIGHTS, NOT SUBSIDIES
Since Trump took office in 2017, his administration has been pressing China to curb massive subsidies to state-owned firms and end the forced transfer of American technology to Chinese firms as a price of doing business in China.
Analysts say the phase one deal will fail to adequately address these issues, focusing largely on Chinese purchases of U.S. farm goods and intellectual property protections related to copyright and trademark issues. It will not address industrial subsidies at all.
China was requesting some changes to the text, but parts of the agreement are very close to finished, including the text on financial services, said a U.S. source briefed on the negotiations. The text on agriculture was dozens of pages long and nearly completed, the source said.
It is important to both sides to get this agreement across the finish line, said the source, adding that the two presidents were very likely to meet before the end of the month.
Charles Boustany, a former congressman from Louisiana and counselor at the National Bureau of Asian Research, said any initial agreement would likely be short-term in nature and unstable.
“Even though there’s some talk about a phase one agreement, we don’t think its going to be substantive in terms of addressing any of the structural problems,” he said. “It would largely be a status quo situation where China continues to do what its doing.”
Some business groups complain that a central component of the “phase one” deal - increased access to China’s financial services market - will fall short of its promises, because of inconsistencies in China’s new foreign investment law.
In comments submitted to the Chinese government by the U.S. Chamber of Commerce, the American Chamber of Commerce in China and the U.S. Information Technology Office, the groups pointed out that Beijing’s draft regulations “do not address clear differences between the treatment of China’s state-owned enterprises and the private sector,” according to a person familiar with the comments.
Trump had said on Friday that negotiations on the initial phase agreement were going well and he hoped to sign the deal with Xi at a U.S. location when work on the deal was completed. (Additional reporting by Mekhla Raina in Bengaluru and John Ruwitch and Winni Zhou in Shanghai. Editing by Chris Reese, Sandra Maler, Shri Navaratnam and Lincoln Feast.)
Wednesday, October 23, 2019
Thursday, June 20, 2019
Wednesday, June 12, 2019
Tuesday, June 11, 2019
Thursday, June 6, 2019
Tuesday, May 28, 2019
May 28th 2019 Presentation by Ralph Winnie, Jr. to Maryland Rotary-Bethesda Chevy Chase-US-China Trade Relations
Ralph,
Thanks again for a
wonderful presentation this afternoon to our B-CC Rotary club. You
enlightened and informed many of our members. Proof of that was in the
number of members who stayed beyond the end of
the meeting to ask you questions. That’s a good barometer of how well
it went. Again, thank you and do come in the future to visit our club.
You can always be my guest.
Johnny
Wednesday, May 22, 2019
Wednesday, May 15, 2019
Thursday, April 4, 2019
Ralph Winnie, Jr. pictured with Ambassador and Yasser Reeda of the Arab Republic of Egypt
Thursday, March 28, 2019
Monday, March 25, 2019
Friday, February 1, 2019
Monday, January 21, 2019
January 21st 2019 interview of Ralph Winnie, Jr. CGTN (CCTV News)-The Point with Liu Xin
Dear Mr. Winnie,
Thank you so much for attending our show.
- CGTN
Tuesday, January 8, 2019
TV Screen Shots of Departure Ceremony of George Herbert Walker Bush
Ralph,
We were all over the news that day!
Randy
Randy & Wendy Spaide
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