Trump to call for China trade investigation

Trump to call for China trade investigation

The statement Friday does not mention any specific actions China would be willing to take, although some Chinese scholars and state media have called on Beijing to take on a shuttle diplomacy role to facilitate talks between the USA and North Korea.

"This situation is beginning to develop into this generation's Cuban missile crisis moment", ING's chief Asia economist, Robert Carnell, told Reuters.

"The [U.S. -China] relationship could spiral out of control, particularly if the movement on the trade front is combined with growing tensions over how to respond to North Korea", said Scott Kennedy, a China expert at the Center for Strategic and International Studies.

Trump, who has been residing at his golf club in Bedminster, New Jersey, for the past week, plans to return to Washington on Monday to officially announce the trade investigation. "If the US and South Korea carry out strikes and try to overthrow the North Korean regime and change the political pattern of the Korean Peninsula, China will prevent them from doing so".

An editorial in the Communist Party tabloid Global Times says "Beijing is not able to persuade Washington or Pyongyang to back down at this time".

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Hence, it would not be surprising to see that "hard" rather than "soft politics" issues will set the tone of the rivalry between Beijing and D.C.in the coming months and years.As far as global hegemonic competitions are concerned, the USA perceives China as the only viable candidate that could potentially challenge its global dominance through empowerment in political, economic and military realms.

For the Pentagon and the American security establishment, China stands at a critical stage where it could translate its massive economic might into modern military technology and political muscle in a matter of years, rather than decades. "China's been engaged in the theft and forced transfer of US technologies and intellectual property for years". -China Economic and Security Review Commission, a bipartisan group created by Congress in 2000 to monitor trade and security issues between the world's two largest economies.

Next week the United States is scheduled to embark on its first round of renegotiations of the North American Free Trade Agreement.

President Trump on Monday will start a process that could lead to action against China, which has been accused of stealing American businesses' intellectual property, even as he seeks Beijing's help against nuclear threats from North Korea.

The administration has been eyeing other moves to rebalance the U.S. That initiative sets forth a long-term plan for China's dominance in a wide variety of high-tech industries, including electric vehicles, advanced medial products and robotics. "And I think China will do a lot more". "I've heard folks say, 'It's not going well, but a trade war would not be the best thing for us, dialogue is the better path.' And there are others who say, 'Bring it on, '" he said.

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