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There are four annual dialogues held between the United States and China; the Diplomatic and Security Dialogue, the Comprehensive Economic Dialogue, the Law Enforcement and cybersecurity Dialogue, and the Social and Cultural Issues Dialogue which serves as a unique platform to promote bilateral understanding, discuss differences, expand consensus, increase cooperation, and build mutual trust between the two. The United States has put great emphasis on the need for both countries to enhance bilateral trust through formal dialogues, high-level exchanges, and expansion of people ties to ties. The United States approach to its economic relations with China has two major elements which are integrating China into the global, rules-based trading and economic system and also expanding United States exporters' and investors' access to the Chinese market.Recently Trump has directed the US trade representative to level tariffs about $50 billion worth Chinese imports. 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It is said that the tariffs would focus on the theft of US technologies. The investigation concluded that China has stolen United States companies into turning over their intellectual property through a series of state-run structural maneuvers, which includes its requirement for foreign companies partners with Chinese companies to access the Chinese market. The investigation has claimed that China has stolen US intellectual property by hacking US computer networks. According to the United States of America’s International Trade Commission, the current average tariff on imports from China is about 3 percent. Low production costs in Latin America and Asia bring cheap goods in the United States of America, but tariffs would increase the cost of selling Chinese-made goods into the U.S. — which in fact appears to be Trump's goal. 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The Trump administration’s tax proposal, which is said to include cutting the corporate tax rate to 15 percent and also providing a one-time repatriation tax rate for trillions of dollars in the international earnings stashed overseas, is aiming at luring USA’s firms to remit overseas profits home and also to bring such operations back to the United States itself. The tax changes by the United States including the tariffs imposed on imports would tempt the Chinese manufacturers to now invest mostly in the United States of America and to sabotage the competitiveness of Chinese exports. The moto is for China to give up on an old growth model of its relying on exports and to increase its economic transformation. If the initiative of Trump’s maximum 15 percent corporate tax rate is approved by the US Congress, it could flash increased foreign investments into the United States of America. Also, re-shoring of USA’s businesses would be happening to create a shock to the global and Chinese economy as a whole. China might have to cut its own domestic corporate tax in this possible case.The tariffs imposed by the United States on China will not only affect China but it might hurt other countries too as it is true that China exports a lot of steel to the United States but more than that Brazil, Canada, Mexico and other countries do. The metals are used in a huge range of industrial applications that include cars and infrastructures. It is questionable that the imports might pose a threat to the natural security of the country. The United States is the world biggest steel importing country in the world. The top shipment of steel is done by Canada. But the ones affected by this also includes Japan and South Korea. China is not one of the Top 10 countries from which the United States imports steel. In fact, it is not even included in the Top 10 list of steel importers. It is said by trade experts that if Trump goes that route, even U.S. allies like Canada, South Korea, Mexico could be willing to stick tariffs of their own on U.S. exports like agricultural products, or picking non-U.S. goods — like Airbus planes over Boeing models. Beijing is said to take necessary measures to protect its interests if the final decision of the United States affects the country. The unfinished products made from steel are sent to South Korea and Vietnam where the workers put the final touch on the products and ships the finished products to the United States. After that, it is marked as a Vietnamese or Korean import. If that path is closed it indirectly affects China. If Trump invokes Section 232 of the Trade Expansion Act, as is recommended, then it is said that he tends to believe that it is hurting the natural security. Trump must respond to the reports by April 11 and 19 for steel and aluminum, respectively to avoid the risk of trade wars and the threat of natural security being imposed on the country.
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LABOR DAYinternational labors day also known as International workers day. This day is an annual holiday to celebrate the contribution of workers in the society and also to celebrate the working classes that is promoted during the international labor movement, which occurs every year internationally on 1st may. labor union movement was specifically the eight-hour movement which apostle eight hours of work, eight hours of dalliance, and eight hours of rest. Although some countries celebrate workers day on other dates suggestive to them, such as in Canada and the United States celebrate their labors day on the first Monday of September and considered the unofficial end of summers. This date was assigned by the pan-international organization of socialist and political parties to monumentalize the Hay-market affair, which originated at Chicago on May 4, 1886. The1904 Sixth conference of the second international noted that all social democratic party organization and trade unions of all countries to substantiate energetically on first of may for the legal conduct of the eight-hour day for universal peace. In the late 19th century, as the trade union and labor movement started growing N number of days were chosen by the trade unionists as the day to celebrate labor day.LABOUR DAY IN UNITED STATESin 1882, Mathew Maguire, a mechanism, first proposed the idea of labor day holiday on the first Monday of September. while working as the secretary of the central labor union in New York. after witnessing the labor festival held in Toronto, Canada. in 1887, Oregon was the first state of united state to make it an official public holiday. after that, it became an official federal holiday, in 1894 around thirty US states officially celebrated labor day.I honor the American labor movement and contributes that workers have created a strength and well being of the country. it is known as labor day weekend. it is reorganized as the federal holiday labor day is "unofficial end of summers "because it marks the end of summer season. Many take a two week holiday during the two weeks ending labor day weekend. school districts resume its classes around the labor day weekend.many Americans enjoy hosting and attending picnics with family and friends on the labor day, barbecued meals are often served, especially such typically American fare as hot dog and hamburgers. the fruits and vegetables of summers, such as watermelon and green beans. cold drinks and cold desert usually round out the celebration.many political parties host a grand picnic at which speeches are made. This creates the welfare and upliftment of workers.LABOUR DAY IN INDIAin India, labor day is a public holiday held every year on 1st may it is celebrated ad Antarrashtriya shramik diwasLabour day in India was first celebrated in Madras (today Chennai) on may 1,1983. This initiative was taken by the Kisan party of Hindustan, This party was governed by Comrade Singaravelar, he arranged two meetings to celebrate this occasion. One meeting was held at Triplicane Beach, and other took place at the beach opposite to the Madras high court. Here Singaravelar passed a resolution the government should immediately announce the national holiday on may-day or labor day in India. He also accentuated the need for non-violence within a political party. This time became the first when the red flag was used in India.However, they took the courage to stand united and raised their voices. accordingly, they were all risking their jobs in order to protest against injustice. eventually, government heard their plea and the workers hours were reduced to 8 hours. the labor day is celebrated not only in India but around the globe. this proposed the power of unity among the people and also was a golden inspiration for the children as the bond of togetherness. in addition to advancement, there are public speeches held by the political leaders' of various parties in order to inspire and celebrate the may-day. this day Maharashtra and Gujrat achieved their statehood. in 1960 once the old Bombay was divided on the basis of language so the day there is called as Maharashtra diwas or Gujrat diwas respectively.LABOUR DAY IN AUSTRALIAlabor day in Australia is a public holiday on the dates which changes between the change in states and territories. it is the first of October in Australia capital, New South Wales and South Australia, it is second Monday of March in Victoria and Tasmania, first Monday of March in Western Australia, in northern territories and Queensland it is first Monday in May. The first march for the nine-hour day by the labor movement occurred in Melbourne on April 21, 1856. This day stonemasons and building workers on building sites around Melbourne stopped working and marched from the University of Melbourne to parliament house to achieve eight hour day. their direct protest was succeeded. LABOUR DAY IN SOUTH AFRICAthe historical struggle of workers and their trade unions internationally for creating unity between working people in their struggle to win fair employment and most importantly to establish a culture of human and worker rights to ensure that these are glorified in national law of those countries aligned to the international labor organization. in early 1994 South Africa demand for the annual observance of the day as a public holiday. Hence after a series of a struggle, it was declared the official public holiday on 1 may each year since 1994. LABOUR DAY IN CHINA1st may is the official holiday for the people republic of China, prior to 2008, it was three days holiday but now its just one day. although the other two days are "made up" by working either the preceding or following weekend.in 2000, labor day became a "golden week", created by the Chinese government. here the workers and shopkeepers take a week off and go shopping and travel.in 2007 there was the three-day holiday to make a way for three traditional festivals- Qingming, dragon boat, and mid-autumn - to became national holidays.each year during a labor day holiday millions of people goes to the road trip, causing traffic jams and overcrowding problems in big cities, such as Beijing and Shanghai and other popular travel destinations.LABOUR DAY IN JAPANmay-day is not officially celebrated by the Japanese government as a national holiday, but as it lies between other national holidays a majority of workers celebrate it. These series of days form a "golden week" together with 29 April "showa day", 3rd may "Constitutional memorial day", 4th may "greenery day", 5th May "children's day". worker generally take a day off and join public rallies and labor union gathering.the origin of labor day emphasized how noting is impossible if we stand united. now it is celebrated to honor the hard work done as well as to honor those who went out to fight for the rights of laborers. Labour day is a special occasion when people celebrate the true spirit of togetherness and unity. This shows that small fragment unites together and are enough to make changes in society. Which indicates how effectively the struggle can bring up the positive reforms of the working class in the society. It inspires and turns on a heat to fight against the injustice.
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