The Trump administration is hopeful it can reach agreement “in principle” on a new North American Free Trade Agreement “in the next little bit,” the president’s top trade negotiator said as the U.S. touted a new accord with South Korea.“I’m hopeful,” U.S. Trade Representative Robert Lighthizer said Wednesday in an interview on CNBC television. “If there’s a real effort made to try to close out and to compromise and do some of the things we all know we should do, I’m optimistic we can get something done in principle in the next little bit.”However, Lighthizer cautioned there’s a “short window” to clinch a deal because of “elections,” a likely reference to a presidential vote in Mexico in July and U.S. midterm congressional elections in November. Canada’s chief Nafta negotiator, meanwhile, cautioned that much work remains and that it’s not clear what such a deal would look … [Read more...] about U.S. ‘Hopeful’ of New Nafta Deal in Near Future, Lighthizer Says
Sir Timothy Berners-Lee, credited with inventing the World Wide Web, tweeted up a storm on Thursday, reassuring internet users that they could reassert control over their data -- and the web's future -- after the Cambridge Analytica-Facebook scandals. He's right, but not necessarily in the way he imagines."What can Web users do?" Berners-Lee wrote. "Get involved. Care about your data. It belongs to you. If we each take a little of the time we spend using the web to fight for the web, I think we'll be ok. Tell companies and your government representatives that your data and the web matter."I understand his agony about what has happened to his invention, and I envy his optimism about the efficiency of activism and regulation. Both are, of course, useful in rolling back the massive invasion of privacy we have all suffered, not quite knowingly, in recent years. But even if we get "woke" to the invasion, there's not much we can do about it. Sure, one can go into Facebook … [Read more...] about Protect Your Data. Then Hope for a Tech Revolution.
The president of the European Commission has warned that the election of Donald Trump to the US presidency poses risks to relations between the European Union and the United States. Jean-Claude Juncker said on November 11 that Trump risks “upsetting intercontinental relations in their foundation and in their structure”. Juncker also said Trump needs educating on what Europe is and how it works, recalling a statement Trump made which suggested he thought Belgium, the country where the EU’s and Nato’s main offices are, was a city. Meanwhile, Radio Poland online reported that Poland’s leadership remains optimistic about the future of the country’s relations with the United States. Polish Foreign Minister Witold Waszczykowski said: “We are hopeful about the election of Donald Trump as the next president of the United States”. The head of the governing Law and Justice (PiS) party’s parliamentary caucus, Ryszard Terlecki, told Polish … [Read more...] about Trump worries Juncker about future of EU-US relations, Poland remains ‘hopeful’
Treasury Secretary Steven Mnuchin said he’s optimistic the U.S. can reach an agreement with China that will avert the need for President Donald Trump to impose tariffs on at least $50 billion of goods from the country.“We’re having very productive conversations with them,” Mnuchin said on “Fox News Sunday,” when discussing talks with China. “I’m cautiously hopeful we reach an agreement.”Trump on Thursday also directed Mnuchin to propose new investment restrictions on Chinese companies within 60 days to safeguard technologies the U.S. views as strategic. He has said he also wants a $100 billion decrease in the U.S. trade deficit with China.A day after Trump’s announcement, which led to a selloff in global markets, China unveiled tariffs on $3 billion of U.S. imports in response to steel and aluminum duties ordered by Trump earlier this month. The White House then declared a temporary exemption for the European Union and other … [Read more...] about Mnuchin ‘Hopeful’ Truce Can Be Reached With China on Trade
By and March 25, 2018, 10:21 AM EDT Updated on March 25, 2018, 11:11 AM EDT U.S. Treasury Secretary Steven Mnuchin said he’s optimistic that the U.S. can reach a agreement with China that will forestall the need to impose the tariffs that President Donald Trump has ordered on a least $50 billion of goods from that country.“We’re having very productive conversations with them,” Mnuchin said on “Fox News Sunday,” when discussing talks with China. “I’m cautiously hopeful we reach an agreement.”Mnuchin’s comments came after the U.S. announced a deal with South Korea that he said would limit the amount of steel imported into the U.S.Trump on Thursday also directed Mnuchin to propose new investment restrictions on Chinese companies within 60 days to safeguard technologies the U.S. views as strategic. He has said he also wants a $100 billion decrease in the U.S. trade deficit with China.The Treasury secretary said the … [Read more...] about Mnuchin ‘Cautiously Hopeful’ China Trade Deal Can Be Reached