Energy News  
TRADE WARS
Virus outbreak to delay Chinese purchase of US goods: Trump aide
by Staff Writers
Washington (AFP) Feb 4, 2020

The new coronavirus outbreak in China will delay Beijing's plans to purchase goods from the United States under the terms of a trade deal, a top US trade official said Tuesday.

The US and China agreed in January to a deal that ended their trade war, with Beijing agreeing to buy an additional $200 billion in American goods over the next two years, including agricultural and manufacturing products.

But the virus -- which has killed more than 400 people, spread worldwide and disrupted business in China -- has thrown a wrench into the works.

In an interview with Fox Business Network, White House economic advisor Larry Kudlow acknowledged that the outbreak may delay the deal's implementation.

"The export boom from that trade deal will take longer because of the Chinese virus, that is true," he said.

However, Kudlow said he expected "minimal impact" from the virus on the US economy.

"The world is not in Wuhan," he said, referring to the Chinese city where the outbreak began.

The trade tensions between the US and China fueled a global growth slowdown in 2019, and concerns are rising that the outbreak could continue to hamper economic growth this year.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
China exempts US imports from tariffs for virus fight
Beijing (AFP) Feb 1, 2020
Beijing announced Saturday that US imports that can be used in China's fight against a deadly new virus will be exempted from retaliatory tariffs imposed in the trade war. The decision comes as China is scrambling to contain the spread of the virus which has overwhelmed hospitals and caused shortages of medical supplies in the worst affected city, Wuhan. The US and China have been engaged in a bruising trade conflict for around two years, although both sides came to a ceasefire last month with B ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
January 2020 warmest on record: EU climate service

The fingerprints of paddy rice in atmospheric methane concentration dynamics

Another reason to reduce man-made ozone: To cool a warming planet

Artificial intelligence to rebuild Iraq via second phase of the UNOSAT challenge

TRADE WARS
Space Force decommissions 26-year-old GPS satellite to make way for GPS 3 constellation

Using artificial intelligence to enrich digital maps

Galileo now replying to SOS messages worldwide

China's international journal Satellite Navigation launched

TRADE WARS
Trees struggle when forests become too small

Pygmy chief arrested for destroying forest in DR Congo park

Some trees respond to weight increases by thickening their stems

Yanomami leader pleads with world to save Amazon from Bolsonaro

TRADE WARS
Vast amounts of valuable energy, nutrients, water lost in world's fast-rising wastewater streams

UCF researchers work on project to develop cleaner-burning, renewable fuels

New way of recycling plant-based plastics instead of letting them rot in landfill

Ecofriendly catalyst for converting methane into useful gases using light instead of heat

TRADE WARS
A consensus statement establishes the protocols to assess and report stability of perovskite photovoltaic devices

Anti-solar cells: A photovoltaic cell that works at night

Prodiel will build a 244 MWp facility in Chile for Atlas Renewable Energy

Arlington County partners with Dominion Energy to help achieve energy goals

TRADE WARS
UK looks to offshore wind for green energy transition

Britain's green energy sector brightens: survey data

Consider marine life when implementing offshore renewable power

Supporting structures of wind turbines contribute to wind farm blockage effect

TRADE WARS
Protesters occupy disputed German coal mine

Protests in Germany as cabinet passes coal exit law

BlackRock coal divestment welcomed, scrutinised by insiders

Germany looks to step up coal exit timetable

TRADE WARS
China protests US bill threatening Tibet sanctions

Protest violence won't work, leading Hong Kong activist says

Proposed Hong Kong virus quarantine building firebombed during protest

As intensity fades, Hong Kong protesters mull tactics









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.