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3 October, 2018 00:00 00 AM / LAST MODIFIED: 2 October, 2018 10:06:21 PM
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Even in new trade deal, US plays hardball with China

AFP

Even as he announced a new trade deal with Canada and Mexico on Monday, US President Donald Trump again went after China, making it clear a truce with Beijing was unlikely to come soon, reports AFP from Washington.

Trump told reporters China wanted to open negotiations but “frankly, it’s too early to talk.”

With US tariffs now on $250 billion in Chinese annual exports, about half the total that comes into the US market, and Trump threatening to target the other half, relations with Beijing have deteriorated.

That has spilled over into other areas of diplomacy: A meeting between Defense Secretary Jim Mattis and his Chinese counterpart, General Wei Fenghe, to discuss security issues has been canceled, a US defense official said Monday.

And even the new US-Mexico-Canada Agreement that updates the existing continental free trade pact reveals Washington’s strategy for countering China—by essentially forbidding any free trade deals with Beijing by any of the USMCA partners.

Trump acknowledged the importance of relations with Beijing, especially in talks with North Korea, and left the door open to negotiations at some point.

“China wants to talk. We want to talk to them. We want them to help us with North Korea,” he said, referring efforts to negotiate a deal to denuclearize the Korean peninsula.

But he again slammed China, saying “they have been ripping us off for so many years,” and showed no sign of backing down on his threat to impose tariffs on all Chinese imports.

“It’s a privilege for them to do business with us.”

 

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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