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AP Explains A look at where the USChina tariff war stands

BEIJING — Ahead of China’s appearance at the U.N. General Assembly this week, The Associated Press explains where the U.S.-China tariff war stands:___The United States and China are making conciliatory gestures ahead of trade talks, but they are showing no signs of progress toward ending a tariff war that threatens global economic growth.Beijing is offering to narrow its trade surplus with the United States by purchasing more American exports. But Chinese leaders are resisting pressure to roll back technology plans that their trading partners say violate Beijing’s free-trade commitments and hurt foreign competitors.Ahead of the 13th round of talks in Washington in early October, President Donald Trump postponed a planned tariff hike on Chinese goods. Beijing lifted punitive duties on soybeans in a move that helps both American farmers and Chinese pig breeders who need soy as feed and are under economic pressure amid a devastating outbreak of African swine fever. Those gestures helped reassure jittery financial markets.But economists say while some temporary agreements in the sprawling dispute over technology and trade might be possible, they don’t expect a final settlement this year.Trump has accused Beijing of dragging out talks in hopes he will be defeated in his re-election bid next year and his successor might agree to more favourable terms. Private sector analysts say that is unlikely. But they say Beijing might be hoping Trump will feel pressure to compromise to reinforce his self-proclaimed status as a deal-maker.The tariffs Trump first imposed on Chinese imports last year largely spared American consumers by focusing on industrial goods. But the latest rounds — Sept. 1 and Dec. 15 — hit household goods such as smartphones and baseballs.“Being tough on China is popular as long as that doesn’t mean you pay more for stuff,” said Nathan Sheets, chief economist at PGIM Fixed and former undersecretary of the treasury for international affairs.A look at the trade war and its impact:___HOW IT STARTEDTrump slapped 25% tariffs on $50 billion of Chinese imports last year. Beijing retaliated with similar penalties. In a spiral of tit-for-tat increases, the United States has raised duties — or announced plans to do so — on $550 billion of Chinese goods, or almost everything Americans buy from China. Beijing has raised duties on an estimated $120 billion of American goods. China is running out of imports for retaliation due to the lopsided trade balance.___WHAT THE DISPUTE IS ABOUTThe Trump administration wants Beijing to roll back plans for government-led creation of global competitors in robotics and other technology fields. Europe, Japan and other trading partners object to Trump’s tactics, which also have been used against them, but echo American complaints that Beijing’s plans violate its market-opening commitments. They say China’s industry development is based on stealing or pressuring companies to hand over technology and violating its trade agreements by subsidizing and shielding its fledgling companies from competition. Chinese leaders are reluctant to give up development strategies they see as a path to prosperity and global influence.WHY IT MATTERSThe war has battered American and Chinese farmers and factories and sent shockwaves through global industries. Chinese data show trade with the United States fell 13.9% from a year earlier in the first eight months of 2019. That has disrupted industrial supply chains that stretch around the world, depressing demand for processor chips and other industrial components from Japan, South Korea, Europe and other suppliers. Companies and investors worry global economic growth, which already shows signs of cooling, could fall into recession.STATUS OF NEGOTIATIONSA sticking point is how to enforce any agreement. China insists Trump’s tariff increases must be lifted as soon as a deal takes effect. Washington says at least some must stay in place to guarantee Beijing carries out its promises. Talks broke down in May over that issue, and there is no indication either side has offered concessions to break that deadlock.As world leaders gather for their annual meeting at the United Nations this week, the AP takes a look at some of the issues brewing in the background that are contributing to tensions between countries.Joe McDonald, The Associated Press read more

Crew snap threegame losing streak electrify in shutout

Columbus Crew forward Federico Higuain (33) scores on a penalty kick against New York Red Bulls goalkeeper Luis Robles in the second half at Crew Stadium in Columbus, Ohio, on Saturday, August 10, 2013. The Crew won, 2-0.Federico Higuain scored two goals to propel the Columbus Crew to a 2-0 win over the New York Red Bulls Saturday night in their first home game since PrecourtSports Ventures purchased the team on July 30.The victory snapped a three-game losing streak for the Crew. It was the third time this season they have triumphed over a first place team, and the other two wins have also come at home. The Red Bulls fell to second in the Eastern Conference standings with the defeat.“It’s tough to play against a team like this. With a good performance and a little bit of luck, you can win the games,” said Crew coach Robert Warzycha during a press conference after the match.Higuain’s first goal Saturday came on a penalty kick opportunity after Red Bulls goalkeeper Luis Robles was flagged for contact in midair while defending a Crew free kick.The goal was the Higuain’s fifth from the penalty spot this season and seventh overall.Robles guessed and dove to his right and Higuain easily scored kicking to the opposite corner.If the Red Bulls had any beef with the officiating that set up the first goal, they could have found no fluke or flaw inHiguain’s second goal, notched in the 76th minute.The Argentine team captain caught Robles venturing dangerously far out of his goal, and he chipped the ball from 20 yards away into the upper left corner of the goal with a skillful crossing shot.Rookie center defending midfielder Wil Trapp was credited with the assist, his first as a pro.“If you score goals like the second one that Pipa (Higuain’s team nickname) scored, I mean, that’s why we come into the stadium. That’s why we’re coaching, that’s why we’re playing. We’re looking for goals like that,” said Warzycha.Ohio State alum Matt Lampson served capably in goal for the Crew in place of the injured Andy Gruenebaum, making key saves throughout the game.The Red Bulls have had success late in games, with 12 goals after the 75th minute of play this season. Lampson’s late save of a Jonathan Steele shot helped the home team avoid having to claw their way back from a deficit.“I didn’t see it until really late, and credit to him because that was a hell of a shot. I just got my body in the way and swung a flipper at it, and luckily, it went off the crossbar,” said Lampson in a postgame interview.On the whole, however, The Red Bulls weren’t as aggressive as the Crew throughout the match. From early on, the away team failed to engage the Crew’s core of backs during defensive possessions, preferring instead to sit back and wait for the ball to come to their side of the field.Along with Viana and center back Josh Williams, Trapp and fellow University of Akron product Chad Barson anchored the defense and controlled the tempo of the game with methodical passing and turnover-free ball handling.Trapp spoke after the game about what the Crew did wrong two weeks ago—when they lost to Toronto FC on the road—that they were able to do right Saturday night. The Canadian squad visits Columbus next Saturday in the tiebreakingthird matchup of the rival teams this season.“Tonight, from front to back, it was a complete performance. We closed out the game. That’s something we didn’t do in the Toronto game. In the second half, we didn’t attack anymore. We sat back and let them attack and attack. When you keep absorbing those waves of pressure, it’s going to be tough to keep out a goal. Tonight, we did a good job of having the mindset that once we get one, we’ve got to get two. That was definitely key, and I think if we transition that to Toronto, we’re going to have a good shot at winning the game,” said Trapp.Crew Stadium observed a pregame moment of silence in commemoration of former Crew player Kirk Urso, who passed away on Aug. 5, 2012, from a congenital heart defect at age 22.Owner Anthony Precourt participated in the pregame coin toss.As for the Crew securing a win at home in front of new ownership, Lampson said, “Every single player on the field today came and they brought it. And Mr. Precourt can be very pleased with what we have, and I think it’s a sign of the things we’re capable of. He can have lofty goals because that’s what we can do as a team.” read more