World Media

China's March exports unexpectedly fall but 1Q trade surplus with U.S. soars

China's March exports unexpectedly fall but 1Q trade surplus with U.S. soars

US President Donald Trump has approved a possible tariff hike on US$50 billion of Chinese goods in response to complaints that Beijing has been stealing or pressuring foreign companies to hand over technology.

China's overall exports and imports both grew at a strong double-digit clip early in the year, and while exports unexpectedly fell in March - resulting in a rare trade deficit - most analysts chalked it up to seasonal factors and said it was too early to call a trend.

"It is our hope that through this collective effort, we will be able to move the administration away from the use of economically damaging tariffs and toward the development and implementation of a more strategic plan to impact Chinese trade practices".

Cardi B breaks Taylor Swift's Apple Music record
Without even being prompted, Denzel started rapping some of the most memorable lines from one of Cardi's biggest hits. Cardi B is a new artist, but she already beating out veterans like Taylor Swift for streaming records.

China's exports to the US increased 14.8 percent from a year earlier in January-March period, spokesman Huang Songping told a briefing in Beijing, while imports from the USA also rose 8.9 percent.

The global trade balance often slips into deficit for one month early each year as factories restock following the Lunar New Year holiday. "We hope that the United States will listen patiently to rational and pragmatic voices on the trade balance issue".

Trump cited a speech by Chinese President Xi Jinping that the USA president interprets as a signal China is about to open its markets to more US goods.

'DWTS: Athletes' Fans Weigh in on Newly Revealed Cast List
The change could likely be attributed to the network's American Idol reboot, Entertainment Weekly reported. The 10 stars of " Dancing With the Stars: Athletes " were revealed April 13 on " Good Morning America ".

The two countries may end up levying no new tariffs on each other, Mr Trump said.

Xi pledged a "new phase of opening up" Tuesday in a keynote address to the Boao Forum for Asia.

While China was busy selling more to the USA, it was buying more from other countries, and ran a $9.86 billion deficit with the rest of the world in the quarter.

ESPN launches its streaming service ESPN+
Created to supplement its flagship ESPN cable network, ESPN + is Disney's first effort to attract paying streaming subscribers. ESPN president Jimmy Pitaro confirmed to CNBC that ESPN + is rolling out today at a price of $4.99/month or $49.99/year.

"He is going to get rid of a lot of taxes and tariffs", Mr Trump said of Mr Xi in a meeting with Republican lawmakers from states with large agricultural industries, who are particularly concerned about the US President's proposed tariffs on Chinese goods. "That could happen. That could be the big breaking story", Trump said during a March 13 speech in San Diego. "We ask this Committee and Members of Congress to help allow soybean farmers be part of the solution instead of collateral damage from a potential trade war", concluded Heisdorffer. "And, you know, at a certain point, they run out of bullets".


  • USA  and Russian Federation  could set Middle East on fire, warns Ankara

    USA and Russian Federation could set Middle East on fire, warns Ankara

    Syria's regime is backed militarily by Russian Federation in the country's civil war, which has been waged since 2011. The president urged Moscow to stop the arms race it was conducting, as Russian Federation needed the US' help.
    Man City's Guardiola charged by UEFA after Champions League elimination game

    Man City's Guardiola charged by UEFA after Champions League elimination game

    The improper conduct charge against Guardiola is for communicating with the bench during the second half. However, Reds boss Klopp sees no reason for the player to go anywhere else at this stage of his career.
    Facebook is $24 billion richer after Mark Zuckerberg's testimony to Congress

    Facebook is $24 billion richer after Mark Zuckerberg's testimony to Congress

    Zuckerberg repeatedly said he was open to regulations but that it would have to be the "right" regulations with the right details. In other words, Zuckerberg has taken some blame, but he doesn't want his company to be sued for its actions (or inaction).
  • No Matter How Influential, Unnao Accused Won't Be Spared: Yogi Adityanath

    No Matter How Influential, Unnao Accused Won't Be Spared: Yogi Adityanath

    A joint team of the CBI and UP cops picked him up from an Indiranagar residence of his kin at around 4:30am. Unnao legislator Sengar is now being interrogated at the CBI office, but has not been arrested yet.
    Highly Traded Stock: Netflix, Inc. (NFLX)

    Highly Traded Stock: Netflix, Inc. (NFLX)

    Mig Capital Llc decreased its stake in Netflix Inc (NFLX ) by 44.33% based on its latest 2017Q4 regulatory filing with the SEC. Netflix, Inc . on 12/30/2017 reported its EPS as $0.4 with the analysts projecting the EPS of the stock as $0.37.
    No more Necco Wafers? America's least-favorite candy suddenly becomes fan favorite

    No more Necco Wafers? America's least-favorite candy suddenly becomes fan favorite

    She did get her Necco in the end. "They thought I was insane , but they were amusing for even entertaining me". In March, Necco announced that 395 workers could be laid off if the company does not find a buyer.
  • Apple unveils iPhone 8 and iPhone 8 Plus RED Edition

    Apple unveils iPhone 8 and iPhone 8 Plus RED Edition

    A previous iOS update killed touch functionality on iPhone 7s with third party screens but a later update resolved the issue. Last year, an iOS update rendered iPhone 7 devices unresponsive if they were using a non-Apple display.
    Tabloid paid out $30K to spike story alleging Trump love child

    Tabloid paid out $30K to spike story alleging Trump love child

    He set up a shell company that paid Daniels $130,000 to keep quiet about Trump's alleged 2006 sexual encounter with her. That relationship, Sajudin had heard, resulted in a child fathered by Trump with the unnamed woman in question.
    Teachers stay focused on Capitol as walkout continues

    Teachers stay focused on Capitol as walkout continues

    Chapman says Ryan teachers had the opportunity to get involved in the walkout but they chose to continue teaching. James Taylor, an Oklahoma City middle school teacher, says he is not in support of the walkout.
  • Fortnite Has Gone Down For Emergency Maintenance

    The game has been suffering server issues for well over a day now which has made it very hard for players to access the game. If you're not affected, count yourself lucky, because it sounds like most players are experiencing at least some impact.
    Liverpool star Mohamed Salah reacts to Harry Kane winning goal appeal

    Liverpool star Mohamed Salah reacts to Harry Kane winning goal appeal

    Kane was so adamant that he got a touch on Christian Eriksen's free-kick he swore on his daughter's life that the final contact came off his shoulder.
    Apple HomePod Sales Off to Slow Start

    Apple HomePod Sales Off to Slow Start

    It leaves open the prospect that Apple's numbers will improve when HomePod's hardware, software, and pricing issues are addressed. In late January, it accounted for roughly one-third of the smart speaker unit sales in the U.S.