China, being the worlds largest polluter of carbon emissions slams the US for not doing enough ahead of the UN climate summit. China likes calling the pot black even though the US has led the world in reducing carbon emissions which has seen a 13% reduction since 2005.
Essentially China wastes no opportunity to virtue signal when they themselves can not hold themselves accountable to the same standards that they preach about. Can you say Hypocrite? Or think of a worse moniker? The real issue here is China is facing a hard deadline by Dec 15th with the US trade negotiations, where another round of tariffs may be imposed if a deal is not reached soon. So any negative rhetoric no matter how ridiculous it may sound coming from china, is hollow cage rattling to spin their greasy smiles into another dollar scheme to subsidize their shorts. Its not working so great for China lately.
Linked
As Trump departed for the NATO summit, something of a surprising announcement from Lighthizer had many in Europe Stunned including Macron, after completing a a 301 review of France’s digital services tax on US internet services, which is roughly estimated at $2.4 billion, Lighthizer announced a countervailing duty tax on French imports into the US. The beauty behind this is that it is perfectly legal and within the rules of the WTO, and is on top of the $7.5 countervailing duty tax team Trump already won in the Airbus subsidy case. Suddenly Macron is not looking too smart these days while holding a 10 billion dollar tariff position as Trump strolls into town for the NATO summit. Something tells me there is more that is on Macron’s mind that he wants to discuss with Trump than just NATO. Just saying!
