NATION:

UPDATE:


Trump visits Beijing amid mounting tensions over trade

Published: Tuesday, November 07, 2017 @ 8:13 PM
Updated: Tuesday, November 07, 2017 @ 8:12 PM

BEIJING (AP) — After a brief truce with China to cooperate on North Korea, President Donald Trump arrived in Beijing on Wednesday amid mounting U.S. trade complaints, with limited prospects for progress on market access, technology policy and other sore points.

The strains between the world's two biggest economies are fueling anxiety among global companies and advocates of free trade that they could retreat into protectionism, dragging down growth.

Washington accuses Beijing of backsliding on market-opening promises, and Trump said last week that the U.S. trade deficit with China — $347 billion last year — is "so bad that it's embarrassing."

"I don't want to embarrass anybody four days before I land in China, but it's horrible," said Trump.

His government has raised import duties on Chinese aluminum foil, stainless steel and plywood, and is investigating whether Beijing improperly pressures foreign companies to hand over technology.

If they discuss trade during the two-day visit, Chinese President Xi Jinping's government is unlikely to offer enough "to appease U.S. negotiators," said John Davies of BMI Research.

That is likely to lead to "more protectionist measures on the part of the U.S.," said Davies.

While Trump is looking to boost sagging public approval ratings, the Chinese leader enters their meeting on a political high.

The ruling Communist Party added Xi's name to its constitution at a twice-a-decade congress last month, giving him status equal to Mao Zedong, founder of the communist government, and Deng Xiaoping, who launched economic reforms in 1979.

At the congress, Xi promised to open the economy wider but affirmed plans to build up state-owned companies that dominate industries including finance, energy and telecoms. That, along with plans for government-led development of electric cars and other technology, makes foreign companies worry that Beijing is squeezing them out of promising fields.

The chairman of the American Chamber of Commerce in China, William Zarit, expressed concern that Trump appears to have done too little to prepare and said some companies worry his focus on trade in goods will mean he does too little about such "structural issues." Zarit said those include limits on access to finance, health care and other industries.

In contrast to "advance work" for previous presidential trips to Beijing, "there really hasn't been much of that for this visit, which makes us a bit concerned that there may not be much discussion on the structural issues," said Zarit, a former American diplomat.

A senior administration official who briefed reporters in Washington denied that Trump hasn't adequately prepared.

"We've analyzed this probably more than most administrations," said the official, who spoke on condition that he not be identified further.

The official said Beijing has shifted to "moving away from market-based principles" and Washington wants movement toward a "market-oriented" system.

That echoes complaints by foreign companies that despite a 2013 pledge by the ruling party to give market forces a "decisive role," restrictions on them in some industries are increasing. That led to a 1.2 percent fall in foreign investment in China in the first seven months of this year, breaking a series of annual double-digit gains.

Business groups have warned that Beijing's efforts to shield its fledgling competitors in electric cars, clean power and other fields are fueling a backlash against globalization.

A possible U.S. response might be "closing down certain industry sectors that are now open to Chinese investment," said Zarit. "I know we do not want to see any kind of a tit-for-tat, which could end up in a trade war."

For its part, Beijing is pressing Washington and the European Union to grant "market economy" status to its state-dominated system. That would make it harder for trading partners to bring anti-dumping and other cases against China.

China says that when it joined the World Trade Organization in 2001, it was promised that status would take effect last December. The United States, Europe and Japan reject that and say Beijing has yet to meet market-opening goals to qualify.

Chinese economists argue their country isn't to blame for U.S. problems. They say global companies benefit from low-cost Chinese labor and a growing consumer market.

The loss of American factory jobs is due not to Chinese exports but to U.S. manufacturers moving to lower-wage countries, said Sun Lijian, an economist at Shanghai's Fudan University.

"In the end, it is U.S. companies that have gained large profits," said Sun.

Trump temporarily set aside trade complaints in April after meeting Xi for the first time in Florida and said he hoped Beijing would help discourage North Korea from pursuing nuclear weapons. They issued a "100-Day Plan" under which Beijing agreed to discuss expanding market access for electronic payments and financial services.

Despite renewed criticism on trade, "the U.S. needs continued Chinese cooperation" over North Korea, economist Rajiv Biswas of IHS Markit said in an email.

That means Trump will feel compelled to negotiate instead of using "blunt bilateral trade measures that could endanger the overall bilateral geopolitical relationship," said Biswas.

Potential options for a possible new package of immediate measures include raising Chinese ownership limits in fields including securities, in which foreign firms can own only 49 percent of a venture, said Zarit.

"If you raised it to 51 percent, I think that would be progress," he said.

China criticized Trump's order in September to investigate whether Beijing violates its free-trade commitments by pressing foreign companies to hand over technology in return for market access. They complained that Trump was jeopardizing the global system by launching the probe under U.S. law instead of the World Trade Organization.

Few American companies have provided evidence for the investigation, possibly due to fear of Chinese retaliation.

The U.S. Commerce Department also is investigating whether Chinese exports including metal tubing, industrial resin and polyester fiber benefit from improper subsidies.

Trade is a smaller share of China's economy than it was a decade ago and the U.S. market is losing importance for its exporters as sales to other developing markets grow. That blunts the potential impact of American tariffs or other sanctions, but the United States still accounts for about one-third of China's trade surplus, and export industries employ millions of workers.

"The U.S. does have leverage to realistically threaten to damage China's economic prospects," said BMI Research's Davies.

Trending - Most Read Stories

Got old tax returns? Bank records? Here’s when you can shred them for free

Published: Wednesday, June 20, 2018 @ 7:15 AM


            Huber Heights residents can participate in a free paper shredding event on July 14. Shred-it will provide the document destruction services. FILE
Huber Heights residents can participate in a free paper shredding event on July 14. Shred-it will provide the document destruction services. FILE

Huber Heights residents can participate in a free paper shredding event on July 14.

The event will be held from 9 a.m. to 11 a.m. at Thomas Cloud Park and the Rose Music Center.

MORE: Pike County murders: 8 deaths, 2 years, no answers

Only paper will be accepted for shredding. Documents residents may consider shredding include old bank records, tax returns and other documents that could catch the attention of identity thieves.

Assistance will be provided for unloading items.

Huber Heights city government and the Huber Heights Chamber of Commerce will host the event. Shred-it will provide the document destruction services.

Read more coverage:

» 28 local children killed by gunfire since 2007

» Beavercreek, Springboro see largest population gains in subur bs

» Brown water? Huber Heights residents should know these tips

» PHOTOS: $1.89 million luxury home built by Charles Kettering for sale

Trending - Most Read Stories

Dayton traffic from the WHIO Traffic Center

Published: Monday, June 18, 2018 @ 12:53 AM
Updated: Wednesday, June 20, 2018 @ 7:14 AM

Traffic issues can be reported by calling our newsroom at 937-259-2237 or tweeting @WHIOTraffic.

Traffic conditions are updated every six minutes on AM 1290 and News 95.7 FM.

Major Highway Incidents

  • No major incidents to report.

Surface Street Incidents

  • In the 2700 block of South Smithville Road in Dayton, live wires are reportedly down on a trash truck as of 6:15 a.m.

>> RELATED: WHIO Weather App

>> RELATED: Track the latest conditions in your neighborhood on our live WHIO Doppler 7 Interactive Radar

Ongoing Construction & Other Closures 

Live look at highways on our traffic cameras here.

Latest traffic conditions are also available on our traffic map. 

MONTGOMERY COUNTY

  • Valley Street between Stanley Avenue and Brandt Street will be closed for reconstruction through late October. This is the first phase of a project to reconstruct Valley Street from Stanley Avenue to Rita Street.
  • Arlington Road between Pleasant Plain and Upper Lewisburg Salem Road, BRIDGE CLOSURE, March 5 - Sept. 30. All ramps for I-70 will remain open. 
  • Keowee Street north of Stanley Avenue, bridge closed until 2019. The official detour is: Keowee Street to Stanley Avenue to I-75 to Wagner Ford Road and back to Dixie. More information is available here.
  • Stewart Street Ramp to US 35 East, RAMP CLOSURE March 28 - Sept 30, 2018. The official detour is: Stewart Street to Edwin C. Moses Boulevard to I-75 north to US 35 west to James H. McGee Blvd. to US 35 east.
  • I-75 north Ramp to US 35 west, RAMP CLOSURE, March 12 - Sept. 30. The official detour is: I-75 north to US 35 east to Jefferson/Main Street to Ludlow Street to US 35 west
  • I-75 between Northwoods Boulevard and the Miami County Line, Nightlylane closures June 4 - July 9 between 7 p.m. and 6 a.m. Two lanes will remain open in each direction. 
  • I-75 between SR 48 and Needmore Road, Nightly lane closures April 29 - July 31 between 7 p.m. and 6 a.m. Will become double lane closures at 10 p.m. 
  • SR 48 between First Street and Riverdale Street, Lane closure April 2, 2018 - April 1, 2019. One lane will remain open in each direction.

GREENE COUNTY

  • State Route 235 between Dayton Yellow Springs and Enon Roads, ROAD CLOSURE for six months. The official detour is U.S. 68, West Hyde, and West Enon Roads.
  • Trebein Road from U.S. 35, Lane restrictions April 16 - August, 2018 for construction of a right turn lane. One lane will remain maintained at all times with flagging operations. 

WARREN COUNTY

MIAMI COUNTY

  • N. Market Street between Foss Way/Kirk Lane and Stonyridge Avenue, ROAD CLOSURE March 5 at 7 a.m. - Aug. 10 at 5 p.m. 
  • US 36 westbound between Scott Drive and Kienle Drive, Lane closure March 26 - June 30. One westbound lane will remain open. 
  • US 36 between Scott Drive and Aerovent Drive, Lane closure April 26 - August 31. 

DARKE COUNTY

  • Arcanum Bears-Mill Road between Folkerth Road and Erisman Road, ROAD CLOSURE June 4 - August 3. The official detour is: SR 49 to US 36/US 127 to US 36
  • SR 49 between Rossburg Lighsville Road and SR 47, Daily lane closures May 28 - July 2 between 7 a.m. and 5 p.m.
  • SR 722 between Gordon-Landis Road and SR 49, Dailylane closures May 28 - July 2 between 7 a.m. and 5 p.m.
  • Sweitzer Street/ West Fourth Street between Pine Street and Sycamore Street, ROAD CLOSURE May 21 - May 31, 2019. The official detour is: Pine Street to Washington Avenue to Broadway.
  • US 36/US 127 between Hogpath Road and Horatio- Harris Creek Road, Daily lane closures April 30 - August 31 between 7 a.m. and 7 p.m.

MERCER COUNTY

  • SR 49 between Park Road and Zehringer Road, BRIDGE CLOSURE June 18 - 25. The official detour is: SR 119 to SR 118 to SR 219.
  • SR 117 between US 127 and SR 116, Daily lane closures April 23 - July 31 between 7 a.m. and 7 p.m. 

SHELBY COUNTY

  • SR 29 between SR 274 and Pleiman Road, Daily lane closures May 18 - June 30 between 7 a.m. and 5 p.m.
  • SR 66 between SR 47 and Russia Houston Road, Daily lane closures May 18 - June 30 between 7 a.m. and 5 p.m. 
  • SR 66 between SR 48 and Schlater Road, Daily lane closures May 14 - June 22 between 7:30 a.m. and 5:30 p.m.
  • SR 47 between Fifth Avenue and Wilkinson Avenue, Lane closures Jan. 21 - Nov. 27. One lane will remain open in each direction at all times.  

CLARK COUNTY

  • I-70 east Ramp to I-675 north, RAMP CLOSURE March 15 - Aug. 15. The official detour is: I-70 east to I-675 south to SR 444 to I-675 north
  • Spangler Road south between Restoration Drive and I-70, Traffic pattern switch March 26 - August 15. Southbound Spangler Road traffic going to I-675 south and I-70 east will be moved to northbound side of I-675. Traffic will then be redirected to the southbound side of I-675 after passing over I-70. 
  • US 42 between Bershet Street and Short Street, ROAD CLOSURE July 9 - 13. The official detour is: SR 72 to I-70 to SR 41.

CHAMPAIGN COUNTY

  • US 36 between Zimmerman Road and Kite Road, BRIDGE CLOSURE June 11 - August 10. The official detour is: SR 235 to SR 29 to SR 560.

LOGAN COUNTY

  • SR 347 between Rogers Road and C - 154, ROAD CLOSURE June 29 - July 7. The official detour is: SR 347 to US 33 to SR 739 to SR 347.
  • SR 47 between County Road 12 and SR 292, BRIDGE CLOSURE June 4 - 25. The official detour is: County Road 5 to SR 540 to SR 292 to SR 47.
  • SR 274 between Morris Rose Road and SR 235, Daily lane closures May 1 - June 29 between 7 a.m. 5 p.m. 
  • SR 235 between SR 720 and SR 117, Daily lane closures May 1 - June 29 between 7 a.m. and 5 p.m.
  • SR 68 between SR 508 and Gunn Town Road, Daily lane closures April 23 - June 29 between 7 a.m. and 5 p.m. 

AUGLAIZE COUNTY

  • US 33 between SR 29 and I-75, Daily lane closures March 26 - July 31 between 7 a.m. and 5 p.m. One lane will remain open in each direction. 

Trending - Most Read Stories

NEW DETAILS: Woman, 87, killed in fatal wrong-way downtown Dayton crash

Published: Tuesday, June 19, 2018 @ 9:20 AM
Updated: Wednesday, June 20, 2018 @ 3:46 AM

A driver is reportedly trapped inside their vehicle following a crash in downtown Dayton on West Fifth Street Tuesday morning.

The victim killed in a wrong-way crash Tuesday morning in downtown Dayton was identified as 87-year-old Opal Clouse of Dayton by the Montgomery County Coroner’s Office.

TRENDING: More American Airlines flight cancellations reported Tuesday morning

Officers were dispatched to a report of a crash with one person trapped near the intersection of West Fifth Street and South Perry Street around 9 a.m. 

According to a crash report, a red Toyota Rav driven by Adrian F. Traylor, 67, was traveling westbound in the wrong direction on West Fifth Street.  At the intersection of W. Fifth Street and S. Perry Street, Mr. Traylor crashed into Mrs. Clouse’s silver Honda, sending her vehicle into a DP&L pole.  

Marshall Gorby/Staff

Ms. Clouse was transported to Miami Valley Hospital where she was pronounced dead, the report states. 

Mr. Traylor was not injured in the crash. 

Police said excessive speed doesn’t appear to be a factor, and it is not uncommon to see drivers travel the wrong way on Dayton’s one-way streets. 

TRENDING: Tipp City actress lands first big-screen role in new Jennifer Aniston movie

“With going the wrong way, there is no traffic device to tell you that you should be slowing down for a red light,” Lt. James Mullins said.  “I’m sure the person was driving normal speeds and had the collision.” 

The preliminary report does not show Mr. Traylor to be charged or cited in the crash, however, the crash remains under investigation. 

Marshall Gorby/Staff

Trending - Most Read Stories

Police, medics called for stabbing victim in his late 70s

Published: Tuesday, June 19, 2018 @ 8:20 PM
Updated: Wednesday, June 20, 2018 @ 3:46 AM

Police, medics called for stabbing victim in his 70s

Springfield police are investigating after a 79-year-old man was stabbed Tuesday evening.

The incident was reported around 8 p.m. in the 2100 block of Gerald Drive. The victim, who has not been identified, was transported to Miami Valley Hospital.

>> Man stabbed by 15-year-old girl after attacking her pregnant mother

According to his neighbors, he was alert and talking to medics following the incident, and he said he was stabbed by a relative.

Everyone knows the victim, neighbors said. They described him as a nice man who is quick to help out his neighbors.

According to initial reports, the victim suffered wounds to the chest and leg.

Springfield police Lt. Jeff Williams said detectives were at the scene and that no further information would be released until Wednesday.

>> Springfield police seek public’s help in deadly shooting outside Wagon Wheel bar

The incident remains under investigation and no one is in custody, Williams said.

Got a tip? Call our monitored 24-hour line, 937-259-2237, or send it to newsdesk@cmgohio.com.

Trending - Most Read Stories