By Karl Plume and Tom Polansek CHICAGO, Jan 15 (Reuters) - China's pledge to buy U.S. farm goods based on "market conditions" during the Phase 1 trade deal signing ceremony on Wednesday added to doubts among farmers and commodity traders over Beijing's lingering tariffs on U.S. exports. The agreement, meant to reduce tensions after nearly two years of a tit-for-tat tariff … [Read more...]
China Signs ‘Phase 1’ Trade Deal with United States
WASHINGTON, Jan 15 (Reuters) - The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved. Beijing and Washington touted the "Phase 1" agreement as a step forward after … [Read more...]
The Maritime Stories That Shaped the Decade
As the 2010's come to a close, we're taking a look back at the maritime stories that kept us talking the most these last ten years. Deepwater Horizon For me, the Deepwater Horizon was one of those "I'll never forget where was when I first heard" kind of events. I was sitting in my home office in San Luis Obispo, probably contemplating how the heck to make gCaptain … [Read more...]
China’s First Domestically Built Aircraft Carrier Enters Service
BEIJING, Dec 17 (Reuters) - China commissioned its first domestically built aircraft carrier into service on Tuesday at a key base on the shores of the disputed South China Sea, in another big step in the country's ambitious military modernisation. Little is known about China's aircraft carrier program, which is a state secret. But the government has said the new carrier's … [Read more...]
U.S. Top Trade Negotiator Praises Deal, China Remains Cautious
By David Lawder and Kevin Yao WASHINGTON/BEIJING, Dec 16 (Reuters) - U.S. President Donald Trump's top trade negotiator praised a "phase one" U.S.-China trade deal which is expected to nearly double U.S. exports to China over the next two years, while China remained cautious ahead of the signing of the agreement. U.S. Trade Representative Robert Lighthizer, speaking on CBS' … [Read more...]