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US’ Pompeo to deliver remarks to the media at 1500 GMT

US secretary of state, Mike Pompeo, will brief the media later today

No further details on what it may be about. Here is the press release by the US Department of State. Just take note as it could relate to tensions in the Middle East.

Pres. Trump has not yet decided to rollback tariffs with China

Says China would like to have them rollback

  • Has not yet decided on rollback of tariffs with China
  • Says he isn’t concerned about anything on impeachment
  • Says he won’t fully rollback China tariffs
  • Says he could sign it trade deal with Xi in Iowa
  • Says he plans to sign any China trade deal in the US
  • Says China wants make a deal
  • I am very happy with taking in billions of dollars from China in tariffs.
The comment that he won’t FULLY rollback China tariffs is open to interpretation.
  • Does it mean that he won’t initially fully rollback the tariffs?
  • Does it mean he will be reluctant to rollback all the tariffs over time?  The President does have a tendency to like to get back what was taken.  He also thinks the tariffs are paid by China directly.
  • Does it mean, there will be some rollback initially. Peter Navarro said earlier that the December 15 tariffs would be postponed on a Phase I  deal, but the existing tariffs would remain to encourage Phase II and Phase III talks to proceed

US Secretary of State Pompeo: Time for China to stop taking advantage of trade

US Secretary of State Michael Pompeo

US secretary of state Pompeo is on the wires saying:

  • dispute about central premise of high global trade done
  • it is time for China to stop taking advantage of trade
  • China using predatory trade tactics for decades
  • China behavior has negative implications for business
  • Pres. Trump is clear that he wants China to do the right thing
  • US won’t tip and to what it will or won’t do in Hong Kong
  • engaging with Kim didn’t give him a darn thing
  • urges China to do the right thing regarding Hong Kong protests
  • China capital flowing to the US should not compromise national security
  • North Korea needs to fulfill promises made in Singapore
  • US fully committed to denuclearization in North Korea via diplomacy
  • US taking a toughest response to North Korea in history
  • Iran sanctions have been effective and we will enforce them everywhere
  • China has been helpful in engaging North Korea