Blinken discusses trade, migration with Mexican counterpart | Politics News

Prime US diplomat Antony Blinken travels to Mexico Metropolis for high-level financial talks with Mexican authorities officers.

United States Secretary of State Antony Blinken has mentioned “problems with mutual curiosity” together with his Mexican counterpart, together with drug trafficking, migration and commerce, as high officers from the 2 international locations met for high-level financial talks in Mexico Metropolis.

The US State Division stated in an announcement on Monday that Blinken famous “his continued appreciation for collaboration with Mexico” in his discussions with Mexico’s Overseas Minister Marcelo Ebrard.

“In addition they mentioned regional efforts to help the folks of Haiti as nicely Mexico and the US’s continued cooperation to create a simpler United Nations,” US State Division Spokesperson Ned Worth stated within the assertion.

Blinken was joined by US Commerce Secretary Gina Raimondo and different Biden administration officers on the journey to the Mexican capital for this yr’s US-Mexico Excessive-Stage Financial Dialogue.

“Final yr, our two presidents agreed to relaunch the high-level financial dialogue. They recognised collectively {that a} robust US-Mexico relationship was important,” Blinken stated throughout the talks.

Mexican President Andres Manuel Lopez Obrador struck a conciliatory be aware earlier within the day on a serious dispute with the US over Mexican power coverage, saying Washington had adopted a extra respectful angle in direction of his place.

In July, the US commerce consultant demanded dispute settlement talks with Mexico, arguing Lopez Obrador’s drive to tighten state management of the power market was unfair to US firms and certain in breach of a regional commerce deal.

Lopez Obrador, who has solid his power coverage as a matter of nationwide sovereignty, on the time responded defiantly, saying he would defend Mexico’s place at an independence day navy parade happening this coming Friday.

Nevertheless, on Monday he stated he would not seek advice from the power dispute throughout his Friday speech as a result of US President Joe Biden had responded to his considerations positively.

“There’s a unique tone. There’s a respectful angle. Fairly, it’s a reaffirmation of respect for our nationwide sovereignty,” Lopez Obrador instructed an everyday information convention, referring to a letter he stated he acquired from Biden.

Translation: I had the pleasure of welcoming Antony Blinken, US Secretary of State, and Secretary of Commerce Gina Raimondo. Welcome!

The US power grievance, which Canada instantly joined, is arguably probably the most important dispute to floor below the United States-Mexico-Canada Settlement (USMCA) because the North American commerce deal got here into impact in 2020.

If unresolved, it might result in the imposition of hefty commerce tariffs in opposition to Mexico, analysts say.

Ebrard, the Mexican overseas minister, stated Monday’s talks had been very productive and that Mexico had been invited to take part in a US push to strengthen semiconductor output and electromobility in North America.

Ebrard added that the power dispute was not the point of interest of Monday’s agenda and that it had taken up “not more than 5 p.c” of the dialog within the presidential palace.

Washington is more and more seeking to the Mexican authorities to assist handle the rising variety of refugees and migrants arriving on the US-Mexico border.

However ties between the 2 international locations have been examined in current months after Lopez Obrador snubbed Biden by refusing to take part within the Summit of the Americas in Los Angeles on the grounds that Cuba, Venezuela and Nicaragua had not been invited.

That prompted the US president to ask his Mexican counterpart to go to the White Home in July to restore relations.

Ships resume Taiwan routes amid uncertainty over China drills | International Trade

Greater than 30 vessels have transited by China’s drill zones since Sunday, in line with ship-tracking information.

Transport within the Taiwan Strait confirmed indicators of returning to regular, regardless of a scarcity of readability over whether or not China’s navy workouts across the island have ended.

Greater than 30 vessels have transited by China’s drill zone south of Taiwan’s important port since Sunday, in line with ship-tracking information compiled by Bloomberg, with the most recent ship positions displaying 4 of the whole six zones being traversed.

Transport within the Taiwan Strait, a key route for provide chains and commodities, has confronted uncertainty and delays since Beijing started its most provocative navy drills in a long time within the wake of Home Speaker Nancy Pelosi’s journey to Taiwan final week. Some shipowners barred their vessels from transiting the strait, whereas others navigated across the drill zones.

Vessels had additionally been hesitant about approaching the most important port of Kaohsiung in southern Taiwan, looking for to keep away from the massive drill zone positioned simply offshore. Ships are actually beginning to resume their unique routes.

The supertanker Barakah, laden with crude oil from the Center East, was moored off Kaohsiung on Monday after final week diverting to the Sha Lung port on the northern finish of the island, in line with information compiled by Bloomberg. Crude tanker Ghinah can also be en path to Kaohsiung after altering its path to Sha Lung.

Two liquefied pure fuel vessels additionally arrived at ports in Taiwan on Monday after idling off the coast for a number of days, in line with the info.

The navy workouts have been scheduled to be accomplished on Sunday, but it surely’s unclear whether or not the drills have ended. There was no official announcement, and Hu Xijin, former editor of the Communist Occasion’s International Occasions newspaper, mentioned that they had been prolonged.

China additionally publicized drills in different areas alongside its coast, together with live-weapon firing from Aug. 6-15 within the southern a part of the Yellow Sea separating the mainland from the Korean Peninsula — a frequent space for workouts.

The Maritime Security Administration additionally mentioned navy workouts will happen in components of the Bohai Sea within the north for a month from Aug. 8, and warned ships to keep away from coming into the world. Drills have been additionally held in that area round this time final yr.

China, EU to talk trade amid tensions over Ukraine, Xinjiang | International Trade

Dialogue comes after a tense EU-China summit in April ended with no joint assertion.

China and the European Union will maintain high-level talks on the financial system and commerce amid tensions over the conflict in Ukraine, the remedy of ethnic minority Muslims in Xinjiang and an unratified funding deal.

Valdis Dombrovskis, government vp of the EU Fee, and Chinese language Vice Premier Liu He’ll co-chair the digital assembly involving financial officers from both sides on Tuesday afternoon, Beijing time.

“I stay up for co-chairing this essential occasion along with China Vice-Premier Liu He,” Dombrovskis mentioned on his Twitter account on Monday.

The dialogue comes after months of failed efforts to set a date for talks after the tense EU-China summit in April, throughout which the edges didn’t agree on a joint assertion amid divisions over the conflict in Ukraine and human rights considerations.

EU Excessive Consultant Josep Borrell described the April summit as a “dialogue of the deaf” after European officers didn’t safe reassurances that Beijing wouldn’t provide sensible help to Russia because it wages conflict in Ukraine.

China has criticised Western sanctions in opposition to Moscow and promised to push for peace in “its personal approach”.

In Might, the European Parliament voted to “freeze” a sweeping funding cope with China that was seven years within the making after Beijing slapped sanctions on European lawmakers in retaliation for the sanctioning of Chinese language officers accused of oppressing the Uighur inhabitants in Xinjiang province.

US, China talk trade, supply chains as Biden weighs tariff cuts | Business and Economy

United States Treasury Secretary Janet Yellen and Chinese language Vice Premier Liu He mentioned financial points together with worldwide commerce and provide chains, because the Biden administration considers reducing tariffs on Chinese language items to tame hovering inflation.

In a digital assembly together with her Chinese language counterpart on Tuesday, Yellen “frankly” raised considerations about China’s “unfair, non-market” financial insurance policies and Russia’s struggle in opposition to Ukraine, the US Treasury Division stated in a press release.

The 2 sides additionally mentioned the worldwide financial outlook amid rising commodity costs and meals safety challenges in the course of the name, which the Treasury Division described as “candid and substantive” and a part of efforts to “preserve open traces of communication”.

“The feedback from Yellen don’t appear to go a lot past what US officers have stated beforehand,” James Laurenson, director of the Australia-China Relations Institute, informed Al Jazeera.

“The problem is what the US goes to do past simply repeating the identical accusations. Loads of commerce regulation students argue there’s appreciable scope for searching for redress on the WTO however the US appears unenthusiastic in direction of the establishment. However extra unilateral sanctions received’t change Chinese language insurance policies and nor will they win the US plaudits even from shut allies like Japan and Australia, who stay dedicated to the WTO and its processes.”

Following the decision, China’s Ministry of Commerce stated the “pragmatic and frank” talks touched on the macroeconomic scenario and the soundness of world provide chains.

China additionally expressed considerations about US tariffs and sanctions in opposition to Chinese language corporations, the ministry stated, including that either side had agreed to proceed dialogue.

“As the worldwide economic system faces grim challenges, there’s a nice significance to strengthen the communication and coordination of the macro insurance policies between China and america,” the ministry stated in a press release.

“Safeguarding the soundness of world industrial chains and provide chains will serve the advantages of China, the US and the entire world.”

The talks come as US President Joe Biden weighs the potential for easing tariffs on Chinese language imports as a part of efforts to regulate hovering costs, that are rising at their quickest price in additional than 40 years.

Biden’s cupboard is reportedly break up on whether or not to ease tariffs, a few of which have been inherited from former President Donald Trump, who took intention at what he considered as unfair Chinese language commerce practices.

Yellen has publicly pressed Biden to scale back some tariffs, arguing they make “no strategic sense” and are “paid by Individuals, not by the Chinese language”.

Biden-Xi virtual meeting
US President Joe Biden and China’s Xi Jinping are anticipated to carry talks within the subsequent few weeks [File: Susan Walsh/AP Photo]

Deborah Elms, founder and government director of the Asian Commerce Centre in Singapore, described it as a constructive that officers from the world’s two largest economies are persevering with to fulfill.

“There is no such thing as a strategy to handle tensions if communication is dealt with by way of the media moderately than in particular person, or through Zoom,” Elms informed Al Jazeera.

“The US administration line on China has been, and can proceed to be, that China practises unfair commerce. Subsequently, it’s not a shock to have Yellen repeat the assertion. The large query, in fact, is what may be performed about it. Having discussions is a helpful first step however will have to be adopted up with greater than random conversations between authorities officers.”

On the G7 summit in Germany final month, US nationwide safety adviser Jake Sullivan stated Biden and Chinese language President Xi Jinping have been anticipated to carry talks within the coming weeks.

Gary Ng, a senior economist at Natixis in Hong Kong, stated the US and China are unlikely to veer from their rising rivalry regardless of dialogue or reductions in tariffs.

“Whereas it’s doable to see a rollback of tariffs on some merchandise, the US stays involved concerning the function of presidency subsidies and the progress of attaining aggressive neutrality for its corporations in China,” Ng informed Al Jazeera.

“These are structural points on whether or not the US corporations are handled equally versus the Chinese language counterparts with spillover results not solely in market entry in China but additionally the competitors on the earth. The dialogue might increase short-term sentiment, however it’s on no account a U-turn of the strategic competitors between the US and China.”

Russia and China open cross-border bridge as ties deepen | International Trade News

Moscow and Beijing hope new bridge linking Russian metropolis of Blagoveshchensk to Chinese language metropolis of Heihe will additional enhance commerce as Ukraine conflict hits provide stream.

Russia and China have opened a brand new cross-border bridge within the Far East that they hope will additional strengthen commerce as Moscow reels from sweeping Western sanctions imposed over its actions in Ukraine.

The bridge linking the Russian metropolis of Blagoveshchensk to the Chinese language metropolis of Heihe throughout the Amur River – identified in China because the Heilongjiang – is about 1km lengthy and price 19 billion roubles ($342m), the RIA information company reported on Friday.

Amid a fireworks show, freight vehicles from each ends crossed the two-lane bridge festooned with flags within the colors of each international locations, video footage of the opening confirmed.

Russian authorities stated the bridge would deliver Moscow and Beijing nearer collectively by boosting commerce after they introduced a “no limits” partnership in February, shortly earlier than President Vladimir Putin despatched his forces into Ukraine.

“In at this time’s divided world, the Blagoveshchensk-Heihe bridge between Russia and China carries a particular symbolic which means,” stated Yuri Trutnev, the Kremlin consultant within the Russian Far East.

China needs to deepen sensible cooperation with Russia in all areas, Chinese language Vice Premier Hu Chunhua stated on the opening.

Russia’s Minister of Transport Vitaly Savelyev stated the bridge would assist enhance bilateral annual commerce to a couple of million tonnes of products.

Slicing journey time

The bridge had been underneath development since 2016 and was accomplished in Might 2020, however its opening was delayed by cross-border COVID-19 restrictions, stated BTS-MOST, the agency constructing the bridge on the Russian aspect.

BTS-MOST stated freight site visitors on the bridge would shorten the journey distance of Chinese language items to western Russia by 1,500km (930 miles).

Automobiles crossing the bridge should pay a toll of 8,700 roubles ($150), a value that’s anticipated to drop as toll charges start to offset the price of development.

Russia stated in April it anticipated commodity flows with China to develop and commerce with Beijing to succeed in $200bn by 2024.

China is a serious purchaser of Russian pure assets and agricultural merchandise.

China has declined to sentence Russia’s actions in Ukraine and has criticised the Western sanctions on Moscow.

Biden visit to test South Korean leader’s tough talk on China | International Trade News

Seoul, South Korea – Throughout campaigning in South Korea’s presidential election, Yoon Suk-yeol promised to strike a transparent path in his nation’s long-running dilemma over how one can stability relations with the US and China.

With the 2 international superpowers jostling for financial and navy supremacy in Asia, the candidate for the conservative Individuals Energy Occasion pledged to decisively aspect with its safety ally the US, even when it risked South Korea’s essential commerce relationship with China.

Yoon stated he would go so far as to develop the presence of a US missile defence system referred to as THAAD in South Korea, which sparked pricey unofficial sanctions on South Korean items and tradition by China and set off years of frosty relations.

Solely weeks after taking workplace on Could 10, Yoon will see his loyalties examined in his personal again yard on Friday, when US President Joe Biden visits Seoul as a part of a visit to Asia that additionally consists of Japan, one other US ally.

U.S. President Joe Biden delivers remarks, after paying respects and meeting with victims, family, first responders and law enforcement who were affected by the mass shooting committed by a gunman authorities say was motivated by racism, at Delavan Grider Community Center in Buffalo, NY.
US President Joe Biden’s upcoming go to to Seoul has highlighted South Korea’s tough balancing act between Washington and Beijing [File: Leah Millis/Reuters]

Biden’s go to comes as international commerce is going through strain from greater than two years of the COVID-19 pandemic and disruptions to vitality and meals provide chains resulting from Russia’s struggle on Ukraine.

China is by far South Korea’s largest buying and selling associate, taking greater than one-quarter of its exports, and Seoul depends on its large neighbour to energy key industries akin to chips and autos. South Korea additionally has a complete safety alliance with the US that dates again to the 1950-53 Korean Struggle. The nation nonetheless hosts roughly 28,000 American troops on its soil.

On the eve of his first assembly with Biden, Yoon, a former prosecutor with no political expertise previous to turning into president, seems to be shortly studying simply how troublesome it’s for the chief of an export-dependent, mid-sized Asia Pacific nation to stability commerce, safety and diplomatic priorities at a time of rising rivalry between the world’s two largest economies.

Although he talked robust on China earlier than taking workplace, Yoon’s early actions as president recommend he has reckoned with the necessity to stability South Korea’s alliance with the US with its commerce reliance on China. Notably, he seems to have walked again his attention-grabbing election marketing campaign promise to deploy extra THAAD batteries in South Korea, with the pledge omitted from a listing of governance duties just lately launched by his workplace.

He additionally held telephone talks with Chinese language President Xi Jinping earlier than taking workplace, throughout which the 2 leaders exchanged cordial statements about bilateral relations. Chinese language Vice President Wang Qishan travelled to Seoul to attend Yoon’s inauguration on Could 10, and earlier than his journey, China’s overseas ministry described the international locations as “shut neighbours” and “essential cooperation companions”.

Whereas in Seoul, Wang conveyed a letter from Xi inviting Yoon to make an official go to to China.

Xi Jinping
Chinese language President Xi Jinping has invited South Korea’s new president to go to Beijing [File: Andy Wong/AP]

Either side have an incentive to keep up the strong bilateral commerce of current years. Final 12 months, South Korea’s exports to China rose greater than 20 p.c, pushed by brisk shipments of semiconductors and metal.

In April, with main Chinese language cities underneath lockdown resulting from COVID-19, shipments declined 3.4 p.c from a 12 months earlier after gaining 16.6 p.c in March, in keeping with the South Korean commerce ministry.

In his dealings with China, Yoon is prone to search to navigate these financial headwinds whereas being cautious to not be seen as taking Beijing’s aspect over Washington.

“Growing US-China rivalry places Korea, and plenty of Southeast Asian international locations, in a troublesome place,” Erik Mobrand, a political scientist at Seoul Nationwide College, informed Al Jazeera. “The query is, if Yoon’s place on China brings financial retaliation, how does he reply to that?”

“It’s one factor to speak robust on China whereas campaigning,” Mobrand added. “It’s one other to make a press release or take motion as president and face the potential of responses from China.”

Ballot information signifies a souring of public opinion on China, notably amongst younger folks, who as voters have been a coveted demographic within the March presidential election.

In a survey carried out by present affairs journal Sisain and pollster Hankook Analysis in June, simply 26 p.c of respondents had heat emotions in direction of China, in contrast with 57 p.c who felt warmly in direction of the US.

Among the many causes for his or her unfavourable impression, respondents pointed to South Korea’s drawback with air air pollution – which many South Koreans blame on poorly regulated carbon-emitting factories in China – Beijing’s gradual response within the early levels of the coronavirus pandemic, and unlawful fishing by Chinese language vessels in South Korean waters.

Within the carefully fought election, Yoon appeared to intentionally faucet into this negativity with the hope of mobilising voters.
“Yoon’s emphasis on a forceful diplomatic strategy to China displays the present state of affairs the place the South Korean public’s impression of China may be very unfavourable,” Shin Jung-seung, a former South Korean ambassador to China, informed Al Jazeera.

“The emphasis on the alliance with the US is inevitable at a time when safety issues, just like the North Korean nuclear risk and the struggle in Ukraine, are rising. However that doesn’t imply that Yoon will neglect relations with China.”

Cooperation on commerce and infrastructure

Whereas in Seoul, Biden may search a dedication from Yoon to have South Korea be a part of the Indo-Pacific Financial Framework (IPEF), a proposed US-led physique that may facilitate cooperation on commerce and infrastructure between the US and Asia. South Korea is among the many international locations anticipated to participate, together with Japan, Australia and others.

Although the Biden administration has not but provided a transparent clarification of the precise capabilities of the IPEF, analysts have argued that the purpose of the physique is to assist the US counter rising Chinese language financial clout in Asia.

In feedback to South Korea’s legislature on Monday, Yoon indicated that he’ll talk about the IPEF throughout Biden’s go to and that he’s in favour of South Korea becoming a member of. On Wednesday, the presidential Blue Home confirmed that Yoon will just about attend a summit in Tokyo subsequent week the place Biden will formally launch the initiative.

Biden’s journey will subsequently require cautious messaging from Yoon as he makes an attempt to stability relations with Washington and Beijing, however can be an opportunity for the brand new South Korean chief to make good on guarantees he made on the marketing campaign path.

“Yoon desires to develop the US-South Korea alliance and make it extra complete, which implies having a higher curiosity within the Indo-Pacific and a higher connection in chosen areas, akin to COVID or provide chain resilience,” Mason Richey, a professor of politics at Hankuk College of Overseas Research in Seoul, informed Al Jazeera.

“Yoon might want to again up this coverage choice when Biden involves the area.”

UK rejects EU proposals to resolve Northern Ireland trade dispute | European Union News

British International Secretary Liz Truss says the EU provide to ease customs checks failed to handle the core drawback.

The UK has rejected the European Union’s proposals to resolve a standoff over post-Brexit commerce guidelines for Northern Eire, saying it could not draw back from taking direct motion within the newest escalation between the 2 sides.

Hanging a deal that preserved peace in Northern Eire and guarded the EU’s single market with out imposing a tough land border between the British province and EU member state Eire, or a border inside the UK, was all the time the largest problem for London because it launched into its exit from the bloc.

It agreed on a protocol which as an alternative created a customs border within the sea between Northern Eire and the remainder of the UK, however now says the required forms is insupportable.

London’s Conservative authorities has been threatening to tear up the protocol for months, elevating the danger of a commerce conflict with Europe at a time of hovering inflation and ringing alarm bells throughout Europe and in Washington.

Core drawback

Brussels supplied to ease customs checks in October final yr, however British International Secretary Liz Truss on Wednesday mentioned this failed to handle the core drawback, “and in some instances would take us backward”.

“Costs have risen, commerce is being badly disrupted, and the folks of Northern Eire are topic to totally different legal guidelines and taxes than these over the Irish Sea, which has left them with out a (governing) government and poses a menace to peace and stability,” she mentioned in a press release.

Truss mentioned the federal government needed a negotiated resolution, however added we “won’t draw back from taking motion to stabilise the state of affairs in Northern Eire if options can’t be discovered”.

The Occasions newspaper reported that Prime Minister Boris Johnson’s authorities might legislate to ditch checks on items and inform companies in Northern Eire to ignore EU guidelines.

The transfer to announce home laws which might successfully disapply the protocol might come on Tuesday, a Conservative supply mentioned.

However not everybody in British governing circles will again such an strategy, which might additionally take months to be handed by the decrease and higher homes of parliament.

Simon Hoare, a Conservative lawmaker who chairs parliament’s Northern Eire choose committee, mentioned, “No honourable nation ought to act unilaterally inside an settlement.”

Not often used software

Had been the Home of Lords to object to the laws, the federal government might attempt to resort to the Parliament Acts, a not often used system that solves disagreement between the decrease and higher homes, to pressure it by way of.

Eire, Germany and the EU management have urged the UK to not take issues into its personal arms.

However elections in Northern Eire final week added impetus and the UK says nothing should threaten a 1998 peace deal which largely ended a long time of sectarian violence between Irish nationalists and unionists.

Irish nationalist occasion Sinn Fein, which accepts the protocol given its purpose of Irish unification, emerged as the biggest occasion within the vote, whereas the Democratic Unionist Social gathering (DUP), which fears shedding ties with London, fell to second.

The DUP has now refused to type a brand new power-sharing administration except the buying and selling guidelines are overhauled.