Past American presidents have approached nuclear talks with North Korea as a matter of delicate statecraft, requiring seasoned experts and long technical briefings. For President Donald Trump, it was just another exercise in what one Trump friend approvingly called “the art of the deal.”
U.S. President Trump’s letter to North Korea’s Kim Jong Un
Security and economics experts say they are unsure how much financial or national security harm these Chinese investments are actually causing the United States — if any — simply because it may not be clear for years exactly how important the technology may be. In the meantime, entrepreneurs in Silicon Valley are blunt: America actually needs Chinese money to maintain its global tech advantage.
If nothing further is done, the U.S.-China trade deal reached this month will be remembered, to quote a phrase coined by the current president of the United States, as “the single worst trade deal” ever negotiated.
The world seems to be moving away from multilateralism. The United States has withdrawn from the Trans-Pacific Partnership and the Paris agreement on climate change, attacked the World Trade Organization, and threatened to start several trade wars. The United Kingdom is negotiating a messy exit from the European Union. But one place is bucking the trend. Over the past decade, Africa has moved rapidly toward regional integration.
For the first time since the Cold War ended, air-raid sirens sounded in Hawaii on November 28, 2017. The exercise was part of the revival of the state’s emergency warning system in response to the possible threat of North Korean nuclear missile attack. But the wail of the siren could also symbolize the coming of Cold War II.
The report poked a sensitive spot in Sino-Indian ties but severely lacked factual evidence. The article was coarse, but was soon responded to by Indian media which were extremely excited to see such a topic. Thus it created a hotspot event almost instantaneously.
The current turbulence in the international and regional environment is largely due to US President Donald Trump’s vigorous unilateralism and a major departure from the traditional American economic and foreign policies. In response, China, Russia, Japan and Europe are at once trying to find ways to propitiate Trump as well as hedge against the current volatility in US policies.
China has begun large-scale mining operations on its side of the disputed border with India in the Himalayas, where a huge trove of gold, silver and other precious minerals – valued at nearly US$60 billion by Chinese state geologists – has been found.
The gradual disintegration of the Chimerica symbiosis is likely to be the world’s biggest business story for the next several years, if not decades. Even if the U.S. and China don’t come to blows, their deepening economic rivalry creates a headache for multinational companies that have spent decades constructing global supply chains.
U.S. President Donald Trump said he will meet North Korean leader Kim Jong Un on June 12 in Singapore, locking in a historic summit between the two leaders amid their confrontation over Pyongyang’s nuclear weapons program. “We will both try to make it a very special moment for World Peace!” Trump said in a Twitter message announcing the date and place of the long-anticipated talks.
