Chinese Greenlights 16 More Trademarks For Trump

According to Chinese government records, Ivanka’s trademark applications were granted preliminary approvals, in October, as Chinese and U.S. officials sought to restart trade talks.

China has greenlighted more than one dozen trademarks - ranging from fashion accessories to electronics - for United States’ First Daughter, Ivanka Trump.

RELATED: Activist Probing Ivanka Shoe Supplier Detained In China

In addition to the trademarks that cover several fashion-related categories, the clothing entrepreneur also applied for items in a category which covers voting machines and electronics including cameras and telephones.

The reportedly now-defunct company, which bears the name of the White House adviser, had previously applied for the 16 trademarks in March and May of 2016 - the year the elder Trump was elected U.S. head of state.

The family-run Trump Organization was also granted a number of trademarks by Beijing that same year.

According to Chinese government records, Ivanka’s trademark applications were granted preliminary approvals, in October, as Chinese and U.S. officials sought to restart trade talks.

“Since she has retained her foreign trademarks, the public will continue to have to ask whether President Trump has made foreign policy decisions in the interest of his and his family’s businesses,” Caroline Zhang of Citizens for Responsibility and Ethics (CREW), who uncovered the filings, remarked.

Jordan Libowitz of CREW added that data indicated that some of the Washington advisor’s applications have taken longer than usual to process. “We obviously do not know the reason behind the timing, although some others have suspiciously lined up with events involving the Trump administration.”

However, Abigail Klem, former-president of the Ivanka Trump brand, had previously stated in relation to copyright infringement, that "we have recently seen a surge in trademark filings by unrelated third parties trying to capitalize on the name and it is our responsibility to diligently protect our trademark." 

In May, China awarded Ivanka seven trademarks, which coincided with President Trump pledge to help Chinese state-owned telecom equipment maker to recover.

The recent trademarks are set to become fully approved after a three-month public review period. China has approved more than 30 trademark applications for Ivanka, who will hold trademarks for senior homes, veterinary services, batteries, wedding gowns and sausage casings. Ivanka Trump submitted 53 applications, overall.

China reversed a decision to reject nine Donald Trump trademarks last year, the Associated Press reported.

Ivanka currently serves as an adviser to her father, U.S. President Donald Trump.

Failed U.S.-China trade talks have resulted in Trump slapping $250-billion worth of tariffs on Chinese imports, followed by the Asian country imposing retaliatory tariffs on US$110 billion worth of U.S. products.

  • Published in World

China halts all oil imports from US amid escalating trade war

America’s second-largest oil client, China, has completely stopped buying crude from the United States as trade tensions between the world’s two largest economies continue to grow.

While oil has not been included on the list of bilateral tariffs, Chinese refiners have been staying away from buying crude from the US.

 
© Ilya Naymushin

 

“We are one of the major carriers for crude oil from the US to China. Before [the trade war] we had a nice business, but now it’s totally stopped,” Xie Chunlin, the president of CMES, said on the sidelines of the Global Maritime Forum’s Annual Summit in Hong Kong, as quoted by Reuters.

“It’s unfortunately happened, the trade war between the US and China. Surely for the shipping business, it’s not good,” the CMES president said.

He added that the trade war was also forcing China to diversify its soybean supplies. Beijing is now buying most of its soybeans from South America.

China’s crude oil imports from America reached an average of 334,880 barrels per day through August, making Beijing the second-largest buyer of US oil after Canada.

In fact, China may be the largest buyer of American crude since much of the oil imported by Canada is re-exports – Canadian crude that briefly crosses into the US on pipelines before re-entering Canada. After ending a 40-year ban on oil exports in late 2015, the US has ramped up sales to two million barrels per day (bpd).

China buys most of its crude from Russia, with imports soaring from 665,000 bpd in 2014 to 1.2 million bpd last year. Beijing’s other major suppliers are Saudi Arabia and Iran.

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China Says Tit-For-Tat Tariffs Will 'Destroy' US-China Trade

Beijing, China: China on Wednesday said tit-for-tat tariffs will "destroy" trade between the world's top two economies, after Washington fired the next shot in a ballooning trade war, readying fresh levies on $200 billion in Chinese goods.

"The outburst of large-scale mutual levying of tariffs between China and the United States will inevitably destroy Sino-US trade," assistant minister of commerce Li Chenggang told a forum in Beijing.

US policy "actually interferes with the process of economic globalisation" and "damages the world economic order," charged Li.

On Friday, the US imposed 25-percent tariffs on around $34 billion in Chinese goods, sparking an immediate dollar-for-dollar retaliation from Beijing.

Washington on Tuesday announced it was starting the process to slap 10-percent tariffs on another $200 billion in Chinese export goods as soon as September.

Analysts have warned that a spiralling trade war between the world's two financial powerhouses could have a damaging impact on the global economy.

"It is a chaotic time in international trade," said Li.

He added: "Companies in both countries will suffer losses. There is no winner in a trade war. Cooperation is the only correct choice between China and the United States."

"It seems that the US is escalating the scale of this trade friction," said Li, adding: "The negative impact of the trade friction has already appeared."

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