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U.S. agency submits auto tariff probe report to White HouseThe Saigon Times Daily Imported vehicles are shown out for delivery in National City, California, U.S. June 27, 2018 – PHOTO: REUTERS WASHINGTON (REUTERS) - The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed. Late on Sunday, a department spokeswoman said it would not disclose any details of the “Section 232” national security report submitted to Trump by Commerce Secretary Wilbur Ross. The disclosure of the submission came less than two hours before the end of a 270-day deadline. Trump has 90 days to decide whether to act upon the recommendations, which auto industry officials expect to include at least some tariffs on fully assembled vehicles or on technologies and components related to electric, automated, … [Read more...] about U.S. agency submits auto tariff probe report to White House

U.S. blocks North Korean air traffic revival ahead of Trump-Kim summit - sourcesThe Saigon Times Daily People carry flags in front of statues of North Korea founder Kim Il Sung (L) and late leader Kim Jong Il during a military parade marking the 70th anniversary of North Korea's foundation in Pyongyang, North Korea, September 9, 2018 – PHOTO: REUTERS MONTREAL/SEOUL (REUTERS) - The United States has blocked efforts by a U.N. agency to improve civil aviation in North Korea at a time when Pyongyang is trying to reopen part of its airspace to foreign flights, three sources familiar with the matter told Reuters. The U.S. move is part of a negotiating tactic to maintain sanctions pressure on North Korea, one of the sources said, ahead of a second summit between President Donald Trump and leader Kim Jong Un in Vietnam in late February. Washington is seeking concrete commitments from Pyongyang at the summit to abandon its nuclear and missile programmes. The United … [Read more...] about U.S. blocks North Korean air traffic revival ahead of Trump-Kim summit

U.S.-China trade talks to resume next week, Trump hints at extension The Saigon Times Daily Chinese President Xi Jinping speaks as he meets with U.S. Trade Representative Robert Lighthizer, second from left, U.S. Treasury Secretary Steven Mnuchin, left, and Chinese officials at the Great Hall of the People in Beijing, China February 15, 2019 – PHOTO: REUTERS BEIJING/WASHINGTON (REUTERS) - The United States and China will resume trade talks next week in Washington with time running short to ease their bruising trade war, but U.S. President Donald Trump repeated on Friday that he may extend a March 1 deadline for a deal and keep tariffs on Chinese goods from rising. Both the United States and China reported progress in five days of negotiations in Beijing this week. Trump, speaking at a White House news conference, said the United States was closer than ever before to “having a real trade deal” with China and said he would be “honored” to remove … [Read more...] about U.S.-China trade talks to resume next week, Trump hints at extension

U.S. raises pressure on Maduro via sanctions, aid airlift The Saigon Times Daily An opposition supporter holds a sign that reads "Out" as she gathers to rally against Venezuelan President Nicolas Maduro's government at the Colombian-Venezuelan border over the Simon Bolivar international bridge, on the outskirts of Cucuta, Colombia February 15, 2019 – PHOTO: REUTERS WASHINGTON/MUNICH (REUTERS) - The United States ratcheted up pressure on Venezuelan President Nicolas Maduro on Friday by sanctioning some of his top security officials and the head of the state oil company, and unveiling plans to airlift over 200 tons of aid to the Colombian border. The U.S. Treasury said it sanctioned PDVSA chief Manuel Quevedo, three top intelligence officials and Rafael Bastardo, who U.S. officials say is the head of a national police unit responsible for dozens of extrajudicial killings carried out in nighttime raids on Maduro’s behalf. Separately, the U.S. State Department said on … [Read more...] about U.S. raises pressure on Maduro via sanctions, aid airlift