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INDIA
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CHINA
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AUSTRALIA
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FOREIGN POLICY
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REX
TILLERSON
Secretary
of State
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TRADE
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VISA URGES ACTION ON VIETNAM ELECTRONIC PAYMENT MOVE: Former
Deputy U.S. Trade Representative Demetrios Marantis returns to Capitol Hill
today as a senior vice president for credit card giant Visa to tell the House
Ways and Means Subcommittee on Trade that U.S. electronic payment suppliers
"are on the brink of being forced out" of Vietnam's market. The problem stems from a State Bank of
Vietnam regulation, known as Circular 19, that Marantis says grants a de facto
monopoly on domestic payment processing to the state-owned National Payment
Corporation, known as NAPAS. Although
both the Trump and Obama administrations have strongly objected to the
provision, "NAPAS is charging ahead and is pressuring banks to prepare to
process all domestic transactions, including Visa and MasterCard-branded
payment cards, over its network," Marantis says in his prepared remarks.
"This fundamentally threatens the ability of U.S. payments companies to
continue to operate in Vietnam." Still,
Trump's upcoming visit to Vietnam offers a ray of hope, if not an
action-forcing event, to resolve the issue. "Given the consistent message
from Congress and the administration on this issue, we remain hopeful that the
Vietnamese government will suspend and revise Circular 19 before President
Trump's visit to Vietnam for the APEC leaders meeting next month,"
Marantis will tell the panel. [POLITICO's Morning Trade, October 11, 2017]
Scott Paul, president of the Alliance for American
Manufacturing, whose members include labor groups and steel companies, will
offer support for the Trump administration's focus on reducing bilateral trade
deficits, as well as criticism for not following through on a number of
proposed trade actions, such as restricting steel imports in the name of
national security under Section 232.
"Domestic production of steel and aluminum are vital in the
manufacture of America's military and critical infrastructure, including
everything from ships and tanks to bridges and energy infrastructure,"
Paul says in his prepared remarks. "If domestic manufacturing capabilities
deteriorate further, we may be forced to rely on countries like China and
Russia to supply steel for our military and critical infrastructure needs. We
cannot let that happen." [POLITICO's Morning Trade, October 11, 2017]
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U.S.
MILITARY
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Russian interference in the 2016 election
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TRUMP – RUSSIA PROBE
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HOUSE
INTELLIGENCE COMMITTEE
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NOTE: The news sources here vary. Not all sources have the same credibility, but in an effort to share some different perspectives, they are included here. This compendium itself cannot claim to be unbiased. Please take into consideration where these different perspectives originate in assessing their value. Thank you
NOTE: I have no official connection to any organization from which information is shared.. Occasionally, I post informational material and/or an opportunity to donate or join as "community service" announcement. These again are shared for their varying perspectives.
Any books listed are random or topic-related to something else in the post. Think of these as a "library bookshelf" to browse. They are shared for informational or entertainment value only, not as being recommended
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