These are not unrelated stories

First this: President Trump Launching Section 301 Trade Infringement Investigation: “This is only the beginning”….

During an afternoon announcement with Commerce Secretary Wilbur Ross, Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer, President Trump announced the launch of section 301 trade investigations into China’s business practices for theft of U.S. technology and violations of U.S. intellectual property rights.

Perhaps the most overlooked portion of the remarks from President Trump happened as he sat down to sign the Presidential Memorandum authorizing the official investigation:

…This is only the beginning folks. This is only the beginning…

For approximately 30 years China has been engaged in a unidirectional trade war against the United States of America; facilitated and enabled by both Democrats and Republicans who have been purchased by multinational and corporate lobbyists to block any effort to defend our U.S. interests. The biggest victims have been U.S. middle-class workers.

And then this: NORTH KOREA’S KIM JONG UN SAYS WILL WATCH US BIT LONGER BEFORE ACTING

North Korea’s leader Kim Jong Un received a report from his army on its plans to strike the area around Guam and said he will watch the actions of the United States for a while longer before making a decision, the North’s official news agency said on Tuesday.

“The United States, which was the first to bring numerous strategic nuclear equipment near us, should first make the right decision and show through actions if they wish to ease tensions on the Korean peninsula and prevent a dangerous military clash,” Kim was cited as saying in the report by KCNA.

The North’s leader ordered the army should always be fire-ready should he make a decision for action, the report said.

And it ain’t over yet, except perhaps for Kim.

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14 Responses to These are not unrelated stories

  1. jupes

    North Korea’s leader Kim Jong Un received a report from his army on its plans to strike the area around Guam and said he will watch the actions of the United States for a while longer before making a decision, the North’s official news agency said on Tuesday.

    Kim blinks.

  2. C.L.

    Trump wins.
    Better than Kennedy.

  3. Sirocco

    I wonder if Greg Sheridan will follow up with an article in The Oz about how Kim’s bluff was called?

  4. It’s all about China salvaging as much as it can from trade with USA and saving face in defeat.
    This NoKo situation is covered brilliantly by Sundance at the Conservative Treehouse web site.

  5. The Fifth Bike Rider of the Apocalypse

    Fay Boy Slim decides to go and have another couple of pies before taking on President Trump.

    Two pies should give him enough time to reflect on whether he really wants a cruise missile coming within half a bee’s dick of his substantial rear end.

  6. Bruce in WA

    Thought I heard someone say 아 젠장

  7. Irreversible

    Kates: are you the only “economist’ on the planet who is opposed to trade? Or are you so limp that you think trade is “fair”? Seriously, what point are you trying to make here? Do you know what a global supply chain is?

  8. mh

    I wonder if Greg Sheridan will follow up with an article in The Oz about how Kim’s bluff was called?

    That would be the Greg Sheridan who wrote on Nov 8, 2016:

    You can take it to the bank — the American election is effectively all over, Hillary Clinton has won…..Trump is going to lose. You can bank on it.

  9. .

    Kates is a wet? That wasn’t in the book!

    US IP laws are bullshit and no one should take them seriously. 70+ years after the death of the author?

    Do we really need Harry Potter being subject to copyright to the heirs and estate of J K Rowling presumably for the next 120 years?

    The same laws would mean that the original novel Wizard of Oz would still not be public domain. Six generations after it was written.

    Copyright normally weakens due to fair use in education, parody and satire. Do you really want to mess with that?

  10. Stan

    I’m pretty sure that Kates is not saying he is opposed to trade. He is saying that President Trump is using the trade investigation as leverage against China. To further twist China’s arm to fix the North Korea issue, given NK is a client state of China.

  11. Louis Hissink

    Ah so, Mr. Kim Jong Un has brinked.

  12. Zatara

    US IP laws are bullshit and no one should take them seriously.

    If one wants to do business with the US they should.

  13. Fat Tony

    Bruce in WA
    #2469377, posted on August 15, 2017 at 11:52 am

    I think he might have said 빌어 먹을 지옥

  14. Fat Tony

    Dot

    With the IP laws, I think industrial designs, automobiles and everything in that sphere may be more to the point. China has many knock-off versions of every luxury car in the world, among other things which can cost companies billions of dollars in R & D. The Chinese just steal the designs – buy one & reverse engineer it.

    I don’t think the Chinese are too worried about Harry Potter or Winnie the Pooh

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