US military deployments aimed at Iran, China, and more tariffs threaten trade talks

The US navy is deploying ships in the South China Sea ‘freedom of navigation’ and the Middle East (to deter Iran).

Stuff:  US sends strike group to Middle East in rebuke to Iran

Deputy Prime Minister Winston Peters believes the United States and Iran need to “engage in constructive dialogue” before tensions rise.

Peters’ remarks come following news the US is sending an aircraft carrier and a bomber task force to the Middle East in a show of force aimed at Iran.

“In response to a number of troubling and escalatory indications and warnings, the United States is deploying the USS Abraham Lincoln Carrier Strike Group and a bomber task force to the US Central Command region to send a clear and unmistakable message to the Iranian regime that any attack on United States interests or on those of our allies will be met with unrelenting force,” national security adviser John Bolton said in a statement.

“The United States is not seeking war with the Iranian regime, but we are fully prepared to respond to any attack, whether by proxy, the Islamic Revolutionary Guard Corps, or regular Iranian forces,” the statement said.

The statement did not identify what actions Iran may have taken that would prompt the United States to increase its military presence in the region.

“I also note Bolton stated the US is not seeking armed conflict with Iran,” Peters said in response to the White House’s release.

Also yesterday:

JUST IN: Two U.S. Navy destroyers carried out ‘freedom of navigation’ operation in South China Sea on Monday: U.S. military spokesman tells

And more US pressure on China over trade:

Reuters:  Trump tariff threat leaves U.S.-China talks in limbo as markets fall

U.S. President Donald Trump’s escalation of a trade war with China left plans in limbo on Monday for high-level negotiations later this week to end the dispute.

Stocks around the world tumbled and oil prices hit a one-month low after Trump tweeted on Sunday that he would raise tariffs on $200 billion worth of Chinese goods to 25 percent from 10 percent by the end of the week, and would “soon” target the remaining Chinese imports with tariffs.

The announcement ended a four-month truce in a trade war that has cost the world’s two largest economies billions of dollars, slowed global growth and disrupted manufacturing and farming.

NY Times: Trump’s Trade War Threat Poses Problems for China and Investors

President Trump upended what appeared to be steady progress toward reaching a trade pact after he threatened on Sunday to impose still more tariffs on Chinese-made goods unless Beijing moved closer to a deal. Liu He, the Chinese vice premier overseeing economic policy and Beijing’s lead trade negotiator, had been set to travel to Washington for talks scheduled for Wednesday that were widely seen as the potential last round before reaching a trade deal.

President Trump upended what appeared to be steady progress toward reaching a trade pact after he threatened on Sunday to impose still more tariffs on Chinese-made goods unless Beijing moved closer to a deal. Liu He, the Chinese vice premier overseeing economic policy and Beijing’s lead trade negotiator, had been set to travel to Washington for talks scheduled for Wednesday that were widely seen as the potential last round before reaching a trade deal.

President Trump upended what appeared to be steady progress toward reaching a trade pact after he threatened on Sunday to impose still more tariffs on Chinese-made goods unless Beijing moved closer to a deal. Liu He, the Chinese vice premier overseeing economic policy and Beijing’s lead trade negotiator, had been set to travel to Washington for talks scheduled for Wednesday that were widely seen as the potential last round before reaching a trade deal.

This also poses potential problems for New Zealand, and the world economy.

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7 Comments

  1. lurcher1948

     /  7th May 2019

    Wow I think Iran and China are shaking with fear,the most scary orange president the world has ever seen is waving a little stick.tRump the scary POTUS #45.

    Reply
    • Kitty Catkin

       /  7th May 2019

      POTUS ; Puffed-up Orange Trump,Unbelievable Skite.

      Reply
  2. Griff.

     /  7th May 2019

    China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results. The 10% will go up to 25% on Friday. 325 Billions Dollars….

    We have so called right wingers that back this moron.
    Adam Smith must be spinning at 7000rpm.
    The tariffs are paid by the American consumers. Industry ends up paying more for its raw materials and consumers pay more for imported goods.
    The long term result is every single thing America makes becomes uncompetitive in the global market place.

    Reply
    • Kitty Catkin

       /  7th May 2019

      It’s understandable that a Corky would admire him, but how an intelligent person like Alan can do so is beyond me.

      Reply
  3. Blazer

     /  7th May 2019

    Trump is trying to get the price of oil up.

    The fracking industry has huge leveraged loans maturing,and fracking is not viable at under $80 a barrel.

    Reply
  4. Duker

     /  7th May 2019

    Just Trump making something out of nothing
    CVN74( Stennis) left the Gulf a month ago , and is being replaced by CVN72(Lincoln)

    yawn …. never take anything Trump says at face value.

    Reply
    • Kitty Catkin

       /  7th May 2019

      Is this the face that launched a million fibs ?

      Reply

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