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TO APPEAR OUT OF THE DARK, YOU MUST DELIVER TANKER, BRITAIN TELLS IRAN-
Britain told Iran on Monday that if it wants to come out of the dark it must chase international rules and deliver a British indicated oil tanker grasped by its forces in the Gulf. Iranian commandos seized the Stena Impero near the Strait of Hormuz, the world's most important waterway for oil shipments, on July 19. That was two weeks after British forces captured an Iranian oil tanker near Gibraltar charged of breaching sanctions on Syria. If the Iranians want to appear of the dark and be received as an accountable member of the deliberate community they need to adhere to the rules-based system of the international community, Foreign Secretary Dominic Raab told Sky News. You cannot go about detaining unlawfully foreign vessels. Tehran is angered by renewed sanctions assessed by the US and what it sees as the collapse of Britain and European powers to safeguard it from the dispute of Washington's departure from a nuclear agreement between Iran and World powers. Under the 2015 deal, international sanctions on Iran were relaxed in exchange for Tehran curbing its nuclear program. Britain last week started sending a warship to accompany all British-flagged vessels through the Strait of Hormuz, a change in policy announced on Thursday after the government previously said it did not have resources to do so. The Defence Ministry said a second warship arrived in the Gulf to help the passage of UK-flagged ships through the strait.
CHINA-US TRADE SPEAKS TO RECOMMENCE TODAY BUT WITH SHORT HOPES FOR ADVANCEMENT-
Two months after US-Chinese talks aimed at ending a tariff war broke down, both sides are trying to cheer hopes for a breakthrough when negotiations continue Tuesday on a cluster of disputes that has grown to include pressure over China's tech giant Huawei. Rhetoric has toughened despite the June agreement by Presidents Donald Trump and Xi Jinping to revive efforts to end the costly fight over China's technology ambitions and trade surplus. He repeated his claim that the United States is flourishing by sharing in tens of billions of dollars from his tariff hikes on Chinese products. In reality, those are paid by US companies and consumers who buy Chinese goods.US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer are due to meet Tuesday and Wednesday in Shanghai with a delegacy led by China's economy czar, Vice Premier Liu He. Chinese leaders are withstanding US pressure to roll back plans for government-led evolution of industry leaders in robotics, artificial intelligence, and other technologies. Washington protests those efforts depend on stealing or forcing foreign companies to hand over technology. Some American officials trouble the US is losing its lead. For their part, American negotiators have withstood Beijing's demand that they detach all punitive tariffs immediately. Washington wants to keep some in place to protect China keeps its promises. Julian Evans-Pritchard of Capital Economics said the same issues that caused the talks to break down are still there. Evans-Pritchard neither side seems any closer to offering major concessions. It's very hard to see how they can reach a deal this time if they were unable to do that in March.US priorities include industrial policy issues such as intellectual property rights, forced technology transfer and subsidies for Chinese state-owned enterprises said Jeff Moon a former US diplomat and trade official who spealized in China. Enforcing any agreements is also a top priority.
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