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Trump calls Xi meeting ‘extraordinary,’ says China has much to gain in post-G20 tweet – National

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The dinner table diplomacy that Presidents Donald Trump and Xi Jinping of China conducted over the weekend produced something as vague as it was valuable: an agreement to keep talking.

Forged over grilled sirloin at the Group of 20 summit Saturday in Buenos Aires, Argentina, the ceasefire Trump and Xi agreed to Saturday night illustrated that the leaders of the world’s two largest economies can at least find some common ground, however tentative and ill-defined it might be. The truce pulled the United States and China back from an escalating trade war that was threatening world economic growth and had set global investors on edge.

Trump called the meeting “an extraordinary one” in a tweet Monday morning, adding that China has “much to gain if and when a deal is completed.”

“The prospects for real progress on substantive issues with China are now better than at any point in the Trump administration,” said Andy Rothman, investment strategist at Matthews Asia.

What Trump and Xi achieved was the gift of additional time – 90 days, at least – to try to resolve the thorny and complicated issues that divide them. Most important among them, and perhaps the most intractable, is the U.S. argument that Beijing has deployed predatory tactics in a headlong drive to overtake America’s global supremacy in high technology.

WATCH: Trump says he has ‘incredible relationship’ with Xi






Yet reaching a permanent peace will hardly be easy. The Trump administration asserts, and many experts agree, that China systematically steals trade secrets and forces the U.S. and other foreign countries to hand over sensitive technology as the price of admission to the vast Chinese market.

Washington also regards Beijing’s ambitious long-term development plan, “Made in China 2025,” as a scheme to dominate such fields as robotics and electric vehicles by unfairly subsidizing Chinese companies and discriminating against foreign competitors.


READ MORE:
Trade, climate change and an under-pressure prince: Here’s what happened at the G20 summit

This year, Trump imposed an import tax of 25 per cent on $50 billion in products, then hit an additional $200 billion worth of goods with 10 per cent tariffs. Those 10 per cent tariffs were scheduled to ratchet up to 25 per cent on Jan. 1 if the United States and China failed to reach an agreement to at least postpone that move.

In Buenos Aires, they did reach such an accord. Trump agreed to delay the scheduled U.S. tariff increase for 90 days while the two sides negotiate over the administration’s technology-related complaints. In return, China agreed to buy what the White House called a “not yet agreed upon, but very substantial” amount of U.S. products to help narrow America’s gaping trade deficit with China. If the Chinese did eventually increase such purchases, it would be warmly welcomed in the U.S. Farm Belt, where producers of soybeans and other crops have been hurt by Beijing’s retaliatory tariffs.

WATCH: Trump, Xi, discuss US-China relations and passing of passing of George H. W. Bush at G20 dinner






Trump tweeted late Sunday that “China has agreed to reduce and remove tariffs on cars coming into China from the U.S. Currently the tariff is 40%.” There was no Chinese announcement about possible tariff cuts and the Ministry of Commerce in Beijing didn’t immediately respond to questions.

Beijing cut import duties on foreign autos to 15 per cent in July but added a 25 per cent penalty for U.S.-made vehicles the following month in response to Trump’s tariff hikes.

WATCH: China-U.S. temporary trade deal prompts surge in stock markets






But can China be trusted? Its contentious tech policies lie at the heart of its economic vision, and Beijing could prove reluctant to sacrifice its ambition, no matter what longer-term agreement with the United States it eventually reaches.

“Make no mistake about it: The issues that we have with China are deep structural issues, and you’re not going to resolve all of them in 90 days or even 180 days,” said Dean Pinkert, a former commissioner on the U.S. International Trade Commission and now a partner at the law firm Hughes Hubbard & Reed. The Trump administration is “going to have to decide how much progress they need in order to define it as a win.”


READ MORE:
Trump’s G20 message to Kim Jong Un: I like you and will fulfill your wishes, says South Korea president

Parag Khanna, founder of the FutureMap consultancy and author of the forthcoming book “The Future is Asian,” noted that in speeches to domestic Chinese audiences, Xi is still promoting the economic self-reliance that Made in China 2025 symbolizes.

“What he’s saying to his own people has more long-term validity than what he’s saying to Trump over dinner for the sake of everyone saving face,” Khanna said.

Even so, the Buenos Aires breakthrough may calm investors who worried about financial damage from the trade hostilities. Caterpillar, Ford and other U.S. corporate giants have complained that the higher Trump tariffs, if kept in place, would guarantee higher costs and lower profits. That’s one reason the Dow Jones Industrial Average tumbled this fall after hitting a record close Oct. 3.


READ MORE:
U.S.-China high-stakes trade talks at G20 signal diffusing of tensions

In the meantime, just as Trump dialed back the drama on one trade front over the weekend, he magnified the tension on another. En route from Buenos Aires on Air Force One, the president told reporters that he would soon notify Congress that he’s abandoning the North American Free Trade Agreement. Such a move would force lawmakers to approve the NAFTA replacement he reached Sept. 30 with Canada and Mexico – or have no North American trade bloc at all. The absence of any such bloc would hurt companies that have built supply chains that crisscross the three countries’ borders.

“This trades one trade uncertainty for another,” Diane Swonk, chief economist at Grant Thornton, tweeted. “Policy uncertainty remains unusually high for an economy that on paper should be feeling fat and happy.”

Prospects in Congress for the new deal – the U.S.-Mexico-Canada Trade Agreement – were complicated by the midterm elections, which left opposition Democrats in control of the U.S. House. Democrats favour provisions of the USMCA that encourage automakers to shift production back to the United States. But they say the deal must do more to protect U.S. workers from low-wage Mexican competition.

“The work is not done yet,” Democratic Sen. Sherrod Brown of Ohio told CNN’s “State of the Union” on Sunday.

Associated Press writer Darlene Superville contributed to this report.



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Catholic Bishops react to military coup in Mali

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Catholic Bishops react to military coup in Mali

Contrary to the expectations of the people, the leadership of the Episcopal Conference of Mali (CEM) has termed the Tuesday, August 18 military coup in the West African nation as “regrettable” and “a big failure for our democracy” and called for a change of mentality if the country has to put an end to coups.

In an interview with ACI Africa Wednesday, August 19, made available to RECOWACERAO NEWS AGENCY, RECONA, the President of CEM, Bishop Jonas Dembélé said that the governance challenges the country is facing can be managed through dialogue.

“The military coup that led to the ousting of President Ibrahim Boubacar Keïta is regrettable because we are in a state of law and democracy. This is the second time that Mali has had a military coup as a result of the way in which the country is governed. It is a big failure for our democracy even if there were reasons for it,” Bishop Dembélé told ACI Africa.

“It is true that our country has serious challenges including bad governance, the poor management of the economy, corruption, insecurity and so on,” Bishop Dembélé said and probed, “Why is it that we Malians have not managed to engage in dialogue to be able to discuss these problems and face up to these challenges responsibly?”

“Our leaders, our people lack transparency, they hate those who speak the truth and advocate for good governance. This mentality must change for our country to move on,” the Prelate told ACI Africa August 19.

Bishop Dembélé who is a frontline member of RECOWA-CERAO urged the military officials “to ensure a return to democracy as promised but most especially ensuring the new leadership of the country put the people first and tackle the security challenges facing the nation.”

Asked about the role of the Church in the current crisis, the 57-year-old Prelate noted, “For us the Catholic Church in Mali, our role is to preach peace; our role is to preach dialogue. We shall continue in this path of dialogue for peace just like Cardinal Jean Zerbo and some religious leaders initiated.”

“In a state of law, power is not in the hands of certain individuals but to the people. The anger of our people led to this crisis, but we must work for peace and reconciliation in Mali,” Bishop Dembélé said.

He continued in recollections, “The Bishops in Mali have always issued messages before every election in our country sounding the alert and inviting the government to organize transparent elections, ensure good governance and better management of resources.”
“But it seems our messages are never taken into consideration that is why we find ourselves in this situation today,” the Local Ordinary of Kayes Diocese told ACI Africa and added, “If the opinion of the Episcopal Conference of Mali is needed to mediate in bringing back stability and peace in the country, then we are ready.”

As a way forward, the Bishop urged the people of God in Mali to “seek the path to conversion” and to accept dialogue in the spirit of truth and honesty.
“We all want change in our

country, but this change can only be possible if individually we seek the path to conversion. It is for Malians be they Muslims or Christians or members of traditional religion, to do an examination of conscience and accept personal and community conversion in order to engage in sincere dialogue,” he said.

The Malian Prelate added, “Now there is this coup d’état to demand change we really wonder where change should come from. As long as we don’t change our behavior, our mentality, we will always have a repeat of the current situation.”

On Tuesday, August 18, President Keita announced his resignation and dissolved parliament hours after mutinying soldiers detained him at gunpoint, Aljazeera reported.
“For seven years, I have with great joy and happiness tried to put this country on its feet. If today some people from the armed forces have decided to end it by their intervention, do I have a choice? I should submit to it because I do not want any blood to be shed,” President Keita said August 18 during the televised address to the nation.

Rev. Fr. George Nwachukwu
RECOWACERAO NEWS AGENCY, RECONA

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Harris accepts VP nomination

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Harris accepts VP nomination

Senator Kamala Harris formally accepted the Democratic nomination for vice president on Wednesday following a scathing speech by former President Barack Obama, who said the fate of the nation” depends entirely on the outcome of this election.”

Both Mr. Obama and Harris stressed the importance of voting, with Harris saying “we’re all in this fight together.” Harris sounded an optimistic note by highlighting her personal history and the promise of America, saying she was “so inspired by a new generation.”

“Make no mistake, the road ahead will not be not easy,” she said. “We will stumble. We may fall short. But I pledge to you that we will act boldly and deal with our challenges honestly. We will speak truths. And we will act with the same faith in you that we ask you to place in us.” She called Mr. Trump a “predator” in a speech that came after Mr. Obama issued his most forceful rebuke of his successor to date, saying Mr. Trump “hasn’t grown into the job because he can’t.”

“This president and those in power — those who benefit from keeping things the way they are — they are counting on your cynicism,” Mr. Obama said. “They know they can’t win you over with their policies. So they’re hoping to make it as hard as possible for you to vote, and to convince you that your vote doesn’t matter.

That’s how they win. That’s how they get to keep making decisions that affect your life, and the lives of the people you love. That’s how the economy will keep getting skewed to the wealthy and well-connected, how our health systems will let more people fall through the cracks. That’s how a democracy withers, until it’s no democracy at all.”

Mr. Obama and Hillary Clinton, speaking earlier in the night, both said they had hoped Mr. Trump would rise to the occasion. But they both stressed what they called his failures while in office, with Mr. Obama saying Mr. Trump has shown “no interest in treating the presidency as anything but one more reality show that he can use to get the attention he craves.”

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Mali coup leaders vow to hold elections as history repeats itself

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Mali coup leaders vow to hold elections as history repeats itself

The Malian soldiers who forced President Ibrahim Boubacar Keita to resign in a coup promised early Wednesday to organize new elections after their takeover was swiftly condemned by the international community.

In a statement carried overnight on state broadcaster ORTM, the mutinous soldiers who staged Tuesday’s military coup identified themselves as the National Committee for the Salvation of the People led by Colonel Major Ismael Wagué.

“With you, standing as one, we can restore this country to its former greatness,” Wagué said, announcing that borders were closed and that a curfew was going into effect from 9 p.m. to 5 a.m

The news of Keita’s departure was met with jubilation by anti-government demonstrators in the capital, Bamako, and alarm by former colonial ruler France and other allies and foreign nations.

The U.N. Security Council scheduled a closed meeting Wednesday August 19, 2020 afternoon to discuss the unfolding situation in Mali, where the U.N. has a 15,600-strong peacekeeping mission. Keita, who was democratically elected in a 2013 landslide and re-elected five years later, still had three years left in his term.

But his popularity had plummeted, and demonstrators began taking to the streets calling for his ouster in June.

West African regional bloc ECOWAS had sent mediators to try and negotiate a unity government but those talks fell apart when it became clear that the protesters would not accept less than Keita’s resignation.

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