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China Mobile: World’s Largest Telecom Can’t Access U.S. Market –For National Security Risks

National security concerns raised after jump in cyber attacks against US JUL 3, 2018 (BE2C2): The Trump administration has cited national security concerns to deny China Mobile entry into the US, dealing a blow to one of China’s biggest state-owned telecoms providers amid a looming trade war between the two countries. The National Telecommunications and Information Administration, part of the US Department of Commerce, said late on Monday it had recommended that the Federal Communications Commission block a 2011 application by China Mobile to offer telecoms services in the US.Read More

China Hammers US Products With Tariffs as ‘Sparks’ Fly in Trade War

(BE2C2) — China has increased tariffs by up to 25 percent on 128 US products, including certain fruits and nuts, escalating a dispute between the world’s biggest economies in response to US duties on imports of aluminum and steel imposed by the Trump administration. The tariffs, to take effect on Monday, were announced late on Sunday by China’s finance ministry and matched a list of potential tariffs on up to $3 billion in US goods published by China on March 23. US President Donald Trump is seeking to impose tariffsRead More

China Says Trade War With US Will Only Bring Disaster to Global Economy

China’s commerce minister said on Sunday that Beijing and Washington are still holding economic talks. He warned that a trade war would harm both nations. President Donald Trump has since announced tariffs on steel and aluminum imports, drawing threats.