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5 hours ago, nuckin_futz said:

Trump To Unleash Hell On Europe: EU Announces Channel To Circumvent SWIFT And Iran Sanctions Is Now Operational

 

With the world waiting for the first headlines from the Trump-Xi meeting, the most important and unexpected news of the day hit moments ago, when Europe announced that the special trade channel, Instex, that will allow European firms to avoid SWIFT and bypass American sanctions on Iran, is now operational.

 

Following a meeting between the countries who singed the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), which was ditched by US, French, British and German officials said the trade mechanism which was proposed last summer and called Instex, is now operational.

 

As a reminder, last September, in order to maintain a financial relationship with Iran that can not be vetoed by the US, Europe unveiled a "Special Purpose Vehicle" to bypass SWIFT. The mechanism would facilitate transactions between European and Iranian companies, while preventing the US from vetoing the transactions and pursuing punitive measures on those companies and states that defied Trump. The payment balancing system will allow companies in Europe to buy Iranian goods, and vice-versa, without actual money-transfers between European and Iranian banks.

 

The statement came after the remaining signatures of JCPOA gathered in Vienna for a meeting that Iranian ministry spokesman Abbas Mousavi called  "the last chance for the remaining parties...to gather and see how they can meet their commitments towards Iran."

 

 

 

 

This should be fun ;)

 

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14 hours ago, nux4lyfe said:

It’s going to be a rude awakening when the orange man wins by a land slide because these are the saddest group of contenders to date .... where is real policy ??! Trump hate badge and free everything by taxing sh!t out of working America is not going to win it ....
Just sad to watch this clown show.

There's no way Trump doesn't win in 2020. And this is coming from someone who isn't a Trump supporter. 

 

He has it in the bag. 

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4 hours ago, nux4lyfe said:

Yet not a single bomb dropped in Iran..This is BOSS sh!t.. Props to President Trump for not rushing to war like the predecessors and war mongers!

I find the worst part about the Trump presidency, besides all the sexual assaults, climate change denials, nepotism, tax breaks that solely benefited the rich, kids being separated, abused, and dying in concentration camps, the never ending lying, the childish behavior unbecoming a president, the anti-immigration/pro-whitey attitude, etc. etc. ad nauseam, is how he has emboldened stupid, ignorant people to strut around their stupid, ignorant opinion. It's like the degenerates got one of their own into power, and now they want to rub everyone's face it in.

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4 hours ago, nux4lyfe said:

Yet not a single bomb dropped in Iran..This is BOSS sh!t.. Props to President Trump for not rushing to war like the predecessors and war mongers!

Wasn’t JFK assassinated for keeping US out of Vietnam?  Then his VP, once promoted, got into war?  These are extremely powerful men that run the US war machine.  I don’t think Trump will get the support from them in the next election.   

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2 hours ago, Lockout Casualty said:

I find the worst part about the Trump presidency, besides all the sexual assaults, climate change denials, nepotism, tax breaks that solely benefited the rich, kids being separated, abused, and dying in concentration camps, the never ending lying, the childish behavior unbecoming a president, the anti-immigration/pro-whitey attitude, etc. etc. ad nauseam, is how he has emboldened stupid, ignorant people to strut around their stupid, ignorant opinion. It's like the degenerates got one of their own into power, and now they want to rub everyone's face it in.

You mean the deplorables ;)

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2 hours ago, Alflives said:

Wasn’t JFK assassinated for keeping US out of Vietnam?  Then his VP, once promoted, got into war?  These are extremely powerful men that run the US war machine.  I don’t think Trump will get the support from them in the next election.   

I dont know if the Koch bros are part if the military complex machine but they are very powerful people who switched to supporting Dems this year i believe.. he has some strong opposition but his base is as strong as ever imo

 

https://www.google.ca/amp/s/www.cnbc.com/amp/2019/06/06/koch-network-open-to-democrats-as-expands-political-engagement.html 

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Trump Revives China Talks With Tariffs Truce, Break for Huawei

(Bloomberg) -- The U.S. and China declared a truce in their trade war on Saturday, as Donald Trump said he would hold off imposing an additional $300 billion in tariffs and the world’s two largest economies agreed to resume negotiations.

 

After a high-stakes meeting with Chinese President Xi Jinping, Trump told reporters on Saturday that he also would delay restrictions against Huawei Technologies Co., letting U.S. companies resume sales to China’s largest telecommunications equipment maker.

 

Trump outlined the deal following the Group of 20 summit in Osaka, Japan, but the White House released no details about the arrangement worked out by the two leaders. The president’s comments may remove an immediate threat from a trade war looming over the global economy even as a lasting peace remains elusive.

 

After Trump and Xi met at the G-20, the two governments plan to restart trade talks that broke down last month. As part of the arrangement, the president said Xi promised to buy “tremendous” amounts of U.S. agricultural products, but Chinese official media reports said only that Trump hopes China will import more American goods as part of the truce.

 

The decision to ease up on tariffs comes less than two weeks after he formally began his 2020 re-election bid, focusing on a strong U.S. economy and his tough stance with the rest of the world. At his June 18 campaign event in Florida, Trump said tough U.S. measures were adding billions to the Treasury and prompting companies to leave China to avoid the fees.

 

While the resumption of U.S.-China talks was welcomed, International Monetary Fund Managing Director Christine Lagarde warned that the global economy is in a “rough patch” with unresolved issues on trade posing the most serious risk for the future.

 

“Tariffs already implemented are holding back the global economy, and unresolved issues carry a great deal of uncertainty about the future,” she said in a statement.

 

Trump told reporters he wouldn’t put additional tariffs on China for the “time being,” and that he’ll allow U.S. companies to supply gear to Huawei. The Commerce Department last month blacklisted the company for national security reasons.

 

The Trump administration has been lobbying allies around the world not to buy Huawei equipment, which the U.S. says could be used for Chinese espionage. The company has denied the allegation. China has said it wanted Huawei removed from Commerce’s blacklist as soon as possible and has accused the U.S. of unfairly using state power to harass a private company.

 

“U.S. companies can sell their equipment to Huawei,” Trump said. “We’re talking about equipment where there’s no great national security problem with it.”

 

Trump didn’t suggest he was relenting on plans to ban the import of Huawei equipment for new U.S. 5G telecommunications networks, which is the top concern of intelligence agencies.

 

Huawei reacted positively to the news on its verified Twitter account: “U-turn? Donald Trump suggests he would allow #Huawei to once again purchase U.S. technology!”

 

But in the U.S., Senate Minority Leader Chuck Schumer, a New York Democrat, said the decision damages U.S. negotiating efforts on trade.

 

“Huawei is one of few potent levers we have to make China play fair on trade,” Schumer said Saturday in an emailed statement. “If President Trump backs off, as it appears he is doing, it will dramatically undercut our ability to change China’s unfair trades practices.”

 

Senator Marco Rubio a Florida Republican, suggested legislation would be passed -- with what he said is a veto-proof majority -- to keep the limits in place.

 

The return to the negotiating table ends a six-week stalemate that has unnerved companies and investors, and at least temporarily reduces fears that the world’s two largest economies are headed into a new cold war. Still, it’s unclear whether they can overcome differences that led to the collapse of a previous truce reached at the G-20 in November.

 

‘Welcome’ Move

 

Trump and top officials in his administration alleged that Beijing had reneged on provisions of a tentative trade deal. It’s not clear if Xi agreed to return to previous agreements as part of the new truce.

 

https://finance.yahoo.com/news/trump-xi-hit-pause-trade-043744657.html

 

*****************************

 

For the time being at least, the Chinese got what they wanted. No new tariffs will be levied and Huawei will once again be allowed to purchase US made components.

 

I don't see what if anything China gave up?

Edited by nuckin_futz
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21 minutes ago, nuckin_futz said:

Trump Revives China Talks With Tariffs Truce, Break for Huawei

(Bloomberg) -- The U.S. and China declared a truce in their trade war on Saturday, as Donald Trump said he would hold off imposing an additional $300 billion in tariffs and the world’s two largest economies agreed to resume negotiations.

 

After a high-stakes meeting with Chinese President Xi Jinping, Trump told reporters on Saturday that he also would delay restrictions against Huawei Technologies Co., letting U.S. companies resume sales to China’s largest telecommunications equipment maker.

 

Trump outlined the deal following the Group of 20 summit in Osaka, Japan, but the White House released no details about the arrangement worked out by the two leaders. The president’s comments may remove an immediate threat from a trade war looming over the global economy even as a lasting peace remains elusive.

 

After Trump and Xi met at the G-20, the two governments plan to restart trade talks that broke down last month. As part of the arrangement, the president said Xi promised to buy “tremendous” amounts of U.S. agricultural products, but Chinese official media reports said only that Trump hopes China will import more American goods as part of the truce.

 

The decision to ease up on tariffs comes less than two weeks after he formally began his 2020 re-election bid, focusing on a strong U.S. economy and his tough stance with the rest of the world. At his June 18 campaign event in Florida, Trump said tough U.S. measures were adding billions to the Treasury and prompting companies to leave China to avoid the fees.

 

While the resumption of U.S.-China talks was welcomed, International Monetary Fund Managing Director Christine Lagarde warned that the global economy is in a “rough patch” with unresolved issues on trade posing the most serious risk for the future.

 

“Tariffs already implemented are holding back the global economy, and unresolved issues carry a great deal of uncertainty about the future,” she said in a statement.

 

Trump told reporters he wouldn’t put additional tariffs on China for the “time being,” and that he’ll allow U.S. companies to supply gear to Huawei. The Commerce Department last month blacklisted the company for national security reasons.

 

The Trump administration has been lobbying allies around the world not to buy Huawei equipment, which the U.S. says could be used for Chinese espionage. The company has denied the allegation. China has said it wanted Huawei removed from Commerce’s blacklist as soon as possible and has accused the U.S. of unfairly using state power to harass a private company.

 

“U.S. companies can sell their equipment to Huawei,” Trump said. “We’re talking about equipment where there’s no great national security problem with it.”

 

Trump didn’t suggest he was relenting on plans to ban the import of Huawei equipment for new U.S. 5G telecommunications networks, which is the top concern of intelligence agencies.

 

Huawei reacted positively to the news on its verified Twitter account: “U-turn? Donald Trump suggests he would allow #Huawei to once again purchase U.S. technology!”

 

But in the U.S., Senate Minority Leader Chuck Schumer, a New York Democrat, said the decision damages U.S. negotiating efforts on trade.

 

“Huawei is one of few potent levers we have to make China play fair on trade,” Schumer said Saturday in an emailed statement. “If President Trump backs off, as it appears he is doing, it will dramatically undercut our ability to change China’s unfair trades practices.”

 

Senator Marco Rubio a Florida Republican, suggested legislation would be passed -- with what he said is a veto-proof majority -- to keep the limits in place.

 

The return to the negotiating table ends a six-week stalemate that has unnerved companies and investors, and at least temporarily reduces fears that the world’s two largest economies are headed into a new cold war. Still, it’s unclear whether they can overcome differences that led to the collapse of a previous truce reached at the G-20 in November.

 

‘Welcome’ Move

 

Trump and top officials in his administration alleged that Beijing had reneged on provisions of a tentative trade deal. It’s not clear if Xi agreed to return to previous agreements as part of the new truce.

 

https://finance.yahoo.com/news/trump-xi-hit-pause-trade-043744657.html

 

*****************************

 

For the time being at least, the Chinese got what they wanted. No new tariffs will be levied and Huawei will once again be allowed to purchase US made components.

 

I don't see what if anything China gave up?

My guess is that they demanded that Xi write Fat Donny a "beautiful letter".....

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NY Times, but does provide a historical background of the deals signed/forced on Japan in the 3 decades after WW2

https://www.msn.com/en-ca/news/world/trumps-ignorant-comments-about-japan-were-bad-even-for-him/ar-AADBVYE?ocid=spartandhp

President Trump reserves some of his worst behavior for foreign trips, such as abasing himself before President Vladimir V. Putin of Russia in Helsinki a year ago, skipping a ceremony in France last fall to honor American soldiers killed in World War I (too rainy, the White House said) and insulting the mayor of London earlier this month. Yet even by Mr. Trump’s dismal standards, his performance this week before the G-20 summit in Osaka, Japan, should take everyone’s breath away. More than yet another demonstration of his erratic behavior, this was also an object lesson in the dangers of his context-free hostility to the world beyond the United States.

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Before arriving in Japan, Mr. Trump had reportedly been musing about withdrawing the United States from the security treaty with Japan signed in 1951 and revised in 1960 — the cornerstone of the alliance between the United States and Japan and a pillar of American foreign policy. On Wednesday, asked about the treaty on Fox News, Mr. Trump sneered, “If Japan is attacked, we will fight World War III.” Then he added: “But if we’re attacked, Japan doesn’t have to help us at all. They can watch it on a Sony television.”

Mr. Trump’s comment demonstrates a strategic cluelessness and historical ignorance that would disqualify a person from even a modest desk job at the State Department.

Though Mr. Trump implied that the security treaty favors Japan, it was largely dictated by the United States. After Imperial Japan surrendered to the Allies in August 1945, ending World War II, the country was placed under an American-led occupation overseen by the domineering Gen. Douglas MacArthur. When that occupation ended in April 1952, Japan had turned away from militarism to embrace ideals of pacifism and democracy. Under Article 9 of a new Constitution that was originally drafted in English at MacArthur’s headquarters, Japan renounced war and pledged never to maintain land, sea or air forces.

In the 1951 security treaty that Mr. Trump apparently disparages, the United States, from a position of extraordinary dominance over Japan, got pretty much what it wanted. Japan granted the United States the exclusive right to post land, air and sea forces in and around Japan, which the United States could use to defend Japan against armed attack or against Soviet-instigated riots. In a revised 1960 treaty, it was made clear that if Japan was attacked, the United States would defend it. For much of the Cold War, a democratic Japan became the core of American alliances in Asia, a bulwark against Communism in the Soviet Union and China.

Furthermore, Mr. Trump insults his Japanese hosts by overlooking how Japan actually responded when the United States was attacked on Sept. 11, 2001. The Japanese public grieved for their American allies after the terrorist attacks, which also killed some Japanese citizens. Japan’s conservative and pro-American prime minister, Junichiro Koizumi, took the massacre as an opportunity to reconsider Article 9 and urge his country to shoulder more international responsibilities. His government rammed through an antiterrorism law which enabled Japan’s Self-Defense Force to provide support for the American campaign in Afghanistan, although — because of the country’s official pacifism — without fighting or directly supporting combat operations.

a group of people in uniform: Shigeru Yoshida, prime minister of Japan, signing the Bilateral Security Treaty with the United States in San Francisco in 1951.© Bettmann Archive, via Getty Images Shigeru Yoshida, prime minister of Japan, signing the Bilateral Security Treaty with the United States in San Francisco in 1951.

When President George W. Bush invaded Iraq in 2003, Mr. Koizumi was one of his staunchest foreign supporters. Although Japan remained constitutionally forbidden from joining in the invasion or taking a direct military role, Mr. Koizumi’s government passed a special law allowing the Self-Defense Force to help in humanitarian support missions in postwar Iraq. Hundreds of Japanese ground troops in Iraq provided water and medical help, and fixed roads and buildings. One might reasonably fault Mr. Koizumi, as plenty of Japanese do, for going along with Mr. Bush’s disastrous invasion — but it is far harder to blame Japan, as Mr. Trump does, for not standing alongside the United States.

Mr. Trump’s words are also a pointless slap to Japan’s right-wing prime minister, Shinzo Abe, who has ardently sought to cultivate a relationship with Mr. Trump and is trying to mediate a way out of the crisis between the United States and Iran. The 1960 treaty was signed by Mr. Abe’s grandfather, Nobusuke Kishi, another prime minister. During a four-day state visit to Japan in May, Mr. Abe flattered Mr. Trump with an extraordinary meeting with Japan’s new emperor, a sumo wrestling match and a lavish state banquet at the Imperial Palace. Yet standing next to Mr. Abe at a news conference in Tokyo, Mr. Trump shrugged off Japanese fears about North Korea’s recent tests of short-range ballistic missiles that could kill thousands of Japanese civilians.

What could Mr. Trump possibly hope to gain from his ignorant, ungrateful and antagonistic behavior? He is unlikely to withdraw from the security treaty. Yet by questioning the alliance with Japan, Mr. Trump encourages North Korea and a rising China to test that bond. His words undercut an essential alliance for no evident reason and erode the stability of a strategic region torn by rivalry.

And we are all so used to it by now that it barely registers.

Gary J. Bass is a professor of politics and international affairs at Princeton and the author, most recently, of “The Blood Telegram: Nixon, Kissinger and a Forgotten Genocide.”

The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.

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17 hours ago, Alflives said:

Wasn’t JFK assassinated for keeping US out of Vietnam?  Then his VP, once promoted, got into war?  These are extremely powerful men that run the US war machine.  I don’t think Trump will get the support from them in the next election.   

Kennedy was president when they went into Vietnam to start it off. There is as much credibility to that as there is to the theory it was La Costra Nostra for him and Bobby going after them after their dad used his bootlegging contacts to get them votes. 

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15 hours ago, Chicken. said:

I dont know if the Koch bros are part if the military complex machine but they are very powerful people who switched to supporting Dems this year i believe.. he has some strong opposition but his base is as strong as ever imo

 

https://www.google.ca/amp/s/www.cnbc.com/amp/2019/06/06/koch-network-open-to-democrats-as-expands-political-engagement.html 

His base isn't enough against that type of clout. He got in by the middle folk and independents in key states. He is looking like he's lost serious ground in multiple key states, If the Koch brothers are going against him we haven't even begun to see the effects of what that type of money and influence will do. They backed and brought the Tea Party into relevance. 

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1 minute ago, Gnarcore said:

His base isn't enough against that type of clout. He got in by the middle folk and independents in key states. He is looking like he's lost serious ground in multiple key states, If the Koch brothers are going against him we haven't even begun to see the effects of what that type of money and influence will do. They backed and brought the Tea Party into relevance. 

I suppose we will see, but the Koch bros represent a part of the elite establishment that voters are so tired of listening to and hearing from. They are also very good at masking their influence  though and have a plethora of experience lobbying

 

A large portion of Trumps chance at re-election will be determined by whom his opponent is as that will impact independent voters choices greatly imo

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9 hours ago, Chicken. said:

I suppose we will see, but the Koch bros represent a part of the elite establishment that voters are so tired of listening to and hearing from. They are also very good at masking their influence  though and have a plethora of experience lobbying

 

A large portion of Trumps chance at re-election will be determined by whom his opponent is as that will impact independent voters choices greatly imo

The average voter has no idea where/who the money comes from. The Koch's will funnel it through PACs and such.  And of course it matter who the opponent is.....

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  • -SN- changed the title to USA Politics/Election Thread
  • DonLever changed the title to USA Politics/Election Thread: Joe Biden, Donald Trump, Democrats, Republicans, et al.

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