Category Archives: United States

China, Economic, European Union, Government, Politics, Society, United States

Trump’s trade war is a risk to the global economy

GLOBAL TRADE WAR

AN escalating trade war between China, the US and Europe could plunge the global economy into turmoil, international experts have warned.

The World Trade Organisation (WTO) said the battle of wills between President Donald Trump and rivals in China and the European Union has put “economic recovery in jeopardy”.

In a major report on the 20 largest economies – known as the G20 – WTO economists warn that angry rhetoric and rising tariffs on all sides are a severe threat.

The WTO said that G20 countries slapped £52.6billion of sanctions on trade between October and May. A total of 39 new restrictive measures were introduced to block goods from competitors – double the number in the previous report.

The WTO said: “The G20 economies must use all means at their disposal to de-escalate the situation and promote further trade recovery.”

President Trump vowed on the campaign trail to protect US jobs and industries from globalisation. He has imposed aluminium and steel tariffs on China and the EU, and hit the Chinese with extra duties on everything from bulldozers to touchscreens.

Beijing responded in kind, hitting key US exports such as its important soya bean trade. Meanwhile, Brussels has slapped tariffs on American goods, including motorcycles and bourbon whiskey.

The President is now threatening to act against Europe’s prized car manufacturers. Last week, he said: “The EU is possibly as bad as China, only smaller. They send a Mercedes in, we can’t send our cars in.”

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Britain, Defence, Government, Politics, United States

Defence: MPs say a spending boost of 50% is needed

MILITARY EXPENDITURE

DEFENCE spending must increase by 50 per cent to protect the special relationship with the U.S., according to a report by MPs.

Military expenditure, currently around 2 per cent of national income, must also rise for the UK to maintain its influence in NATO, they said.

The MPs reiterated calls for spending to go up to 3 per cent of GDP – which would be equivalent to an extra £2billion a year.

Without this, UK forces would struggle to maintain their ability to work alongside the US military, diminishing their usefulness as allies, the Commons defence select committee said.

The report added some in the US believe Britain’s defence capabilities have “slipped” and that concerns have been raised about the UK’s ability to operate independently.

The report reveals US defence secretary James Mattis had been referring to Britain when he said recently one of America’s allies had cut capacity “to the point where it could no longer speak with strength”.

Conservative MP Julian Lewis, the committee chairman, warned anything less than an investment of 3 per cent of GDP “endangers us and our allies”.

It comes as Defence Secretary Gavin Williamson is locked in a battle with Theresa May over defence spending.

Dozens of Tory MPs could vote to block the Budget unless the Prime Minister increases military spending. It follows reports that Mr Williamson had told military chiefs he could bring down Mrs May if she refuses to back him in his fight to get an extra £2billion a year from the Treasury.

The report, published ahead of next month’s NATO summit in Brussels, also warned the UK military risks becoming “irrelevant” because of the time it would take to deploy forces. Currently, it would take 20 days to deploy a mechanised brigade and 90 for a division.

It suggested Britain should take the lead in defending the North Atlantic, bolstering its anti-submarine warfare capability to defend against a ten-fold increase in Russian submarine activity in the area.

The report said: “If the UK wishes to maintain its leadership position within NATO and continue such fruitful defence relations with the US, then it will have to invest more in its armed forces. Diminished capacity reduces the UK’s usefulness to the US and our influence within NATO. The Government must not allow this to happen.”

Mr Lewis said: “An increased commitment, in the face of new and intensified threats, means further investment is essential. Where percentage of GDP for defence is concerned, our mantra must be: ‘We need 3 to keep us free’.

“Anything less is simply rhetoric which endangers us and our allies.”

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Britain, Government, National Security, Society, United States

Spy chief speaks for the first time over unrepentant Snowden

NATIONAL SECURITY

BRITAIN’S ability to keep its citizens safe was compromised as a result of the intelligence leaks by US traitor Edward Snowden, a spy chief has revealed in an excoriating attack.

Jeremy Fleming, head of Britain’s eavesdropping agency GCHQ, said the unrepentant former spy had caused “real and unnecessary damage” to the security of the UK and its allies.

In his first remarks on the devastating impact of the security breach five years ago, he said the American fugitive, who is now living in exile in Russia, needed to be held to account for his “illegal” actions. His comments came as Snowden said he had “no regrets” about revealing sensitive information via the pages of The Guardian newspaper.

In a rare statement given on the anniversary of the biggest leak of secret documents in its history, Mr Fleming said: “GCHQ’s mission is to help keep the UK safe. What Edward Snowden did five years ago was illegal and compromised our ability to do that, causing real and unnecessary damage to the security of the UK and our allies. He should be accountable for that.”

Mr Fleming, who was deputy director general of MI5 until last year, also made clear that the agency was striving for greater transparency long before the leaks. In a pointed remark, he told The Guardian: “It’s important that we continue to be as open as we can be, and I am committed to the journey we began over a decade ago to greater transparency.”

His comments came as Snowden, 34, showed no remorse over leaking classified data from the US National Security Agency (NSA). Speaking to The Guardian, he said: “People say nothing has changed: that there is still mass surveillance. That is not how you measure change. Look back before 2013 and look at what has happened since. Everything changed.

“The Government and corporate sector preyed on our ignorance. But now we know. People are aware now. People are still powerless to stop it, but we are trying. The revelations made the fight more even.” Asked if he had any regrets he said “no”, before adding: “If I had wanted to be safe, I would not have left Hawaii.”

Snowden was living in Hawaii while he worked as a security contractor for the NSA. It was there that he acquired the data he later leaked, including details of the precise methods used by the intelligence agencies to track terrorist plots. A year after the leaks – by which time Snowden had fled to Hong Kong before subsequently settling and given immunity in Russia – it was estimated that a quarter of the serious criminals being tracked by GCHQ had fallen off the radar because they had been alerted to the covert methods being used to track them.

Theresa May, then as Home Secretary, revealed how Britain’s ability to track terrorists and crime gangs was severely damaged because of the leaks. She said police and security services were finding it harder to monitor the electronic communications used by fanatics and master criminals.

The former head of GCHQ, Sir Iain Lobban, said in 2013 that terrorists were known to be “discussing how to avoid vulnerable communications methods.” And just last month, Bill Evanina, director of the US National Counter-intelligence and Security Centre, said Snowden’s leaks would continue to cause problems for years to come. He told a conference that only about 1 per cent of the documents taken by him had been released.

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