President Trump is proposing 25% tariffs on 1300 Chinese imports which, if actually collected, would be $50 billion. This is said to be in retaliation for theft of intellectual property from US companies. The list of imports includes steel and metals used in oil and gas pipelines as well as nuclear materials and reactors for power plants. This could upset the US nuclear industry that is planning to build 100 nuclear plants in China by 2030. [If this proposal is implemented, the quantity of imports will drop as their prices rise to cover the added cost of import tax. US companies will pay the tariff as part of higher prices. Some of this then will be passed back to China in the form of higher prices for construction of its nuclear plants. Part will be paid by Americans for higher prices for domestic products that use the imported materials. We expect that this proposal will not materialize as currently being discussed.] -GEG
The Trump administration has proposed slapping retaliatory tariffs on 1,300 Chinese imports in response to the country’s continued theft of intellectual property from U.S. companies.
That lists includes, steel and metals used in oil and gas pipelines as well as nuclear materials and reactors for power plants. The proposed tariffs would impact $50 billion worth of imports, according to the U.S. Trade Representative.
Trump has a more aggressive stance on trade with China than his predecessors, arguing the gaping trade deficit with the Asian giant needs to be closed. Trump also criticized China’s theft of intellectual property.
Now, Trump is targeting nuclear energy industry imports from China, including uranium (U-235), reactor components and machinery to separate isotopes. The U.S. gets a very small percentage of its uranium from China, so the tariffs in this area probably won’t have much effect.
What could upset the U.S. nuclear industry is retaliation from China, which is planning to build at least 100 nuclear plants through 2030 to reduce its reliance on coal power. China is largely dependent on foreign imports of uranium and equipment to build nuclear plants.
China is trying to become more self-sufficient in nuclear technology, but “ample opportunities exist for U.S. industry, including fuel cycle, nuclear components, and services related to nuclear power in China,” according to the U.S. Commerce Department.
U.S. companies supplied China with about 30 percent of its enriched uranium imports in 2015, according to government data.
Milan, Italy: A bus filled with 51 children from a middle school was set on fire by its driver, Ousseynou Sy, a man originally from Senegal but with Italian citizenship. This was done to seek revenge for the migrants who have drowned due to Italy’s blocking migrant boats.
The mass murder of Christians is being censored by Western media, because those who control mainstream media consider Christians to be an obstacle to “progress”. As a result, most Americans do not know that 4,136 Christians were killed for faith-related reasons last year.
Nashville teachers report chaos and violence is overtaking their classrooms after following policies by the Obama administration to reduce the disproportionate number of suspensions for minority students, mostly by keeping kids in school who don’t deserve to be there.
New Zealand and Australia are using the shooting as a pretext to block access to 4Chan, 8Chan, LiveLeak, Voat, BitChute, Zero Hedge, Dissenter and a number of other sites. A 44-year old man has been arrested and is facing 28 years in prison for sharing the video.
Democrats are proposing to eliminate the electoral college, pack the Supreme Court with additional (Democrat) judges, allowing illegal aliens, violent felons and 16-year olds to vote. Nancy Pelosi wants to “capture” kids in high school.
The goal of the lawsuit is to shut down gun manufacturers by making them liable for individuals’ actions. While the plaintiffs will have extreme difficultly in proving their case, pre-trial discovery that will include Bushmaster’s internal communications could be harmful to the company.
In the last five years, a culture shift began with legislature decriminalizing felonies and dumping convicts onto the streets. Shoplifting is rarely prosecuted and crime has exploded, the city is overrun with rats, garbage, human feces and needles.
After representatives of the Yellow Vest movement accused the French government of failing to stop black bloc anarchists from crashing and marring their protests this weekend, the French government is using the violence by the black bloc as an excuse to ban rallies in wealthy areas and to give riot police more power.
US student loan debt stands at $1.5 trillion and cannot be erased through bankruptcy. The youth of America are captives to colleges and universities that hold a monopoly over credentials. A hundred schools have endowments worth over a billion dollars.
Federal law exempts services like Twitter from defamation liability, but because the site censors and bans content, it should be considered to be a content developer/ publisher and face liability like any other publisher.
Scientists behind the United Nations International Panel on Climate Change (IPCC) climate report confirm that the 12-year deadline is based on the Paris treaty 2030 goal to cut carbon emissions and that the planet is not in imminent danger.
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