Trump presses China on NKorea; another bluff could hurt himBy Norman Carr Apr 07, 2017
Now, as President Donald Trump prepares to host his Chinese counterpart, Xi Jinping, at Mar-a-Lago in Florida, a reversal of sorts has emerged: It's the US leader who is seen as an unpredictable wild card and a skeptic of free-trade deals - and it's China that is casting itself as a champion of rules-based global trade.
"We have a big problem", Trump said during a joint news conference with Jordanian King Abdullah II at the White House, referring to North Korea and its leader Kim Jong-un.
Following North Korea's test of four missiles last month, Trump affirmed Washington's "ironclad commitment" to Japan and South Korea.
Initial US and South Korean assessments indicate it was a KN-15 medium-range missile, whose first known test by North Korea was in February.
North Korea's most recent launch comes just days before the president plans to meet with Chinese President Xi Jinping's at Mar-a-Lago this weekend. So, North Korea is increasingly disappointed with the Trump administration. He also called North Korea a "humanity problem" Tuesday, and warned that the USA is ready to tackle it on its own if China does not help, in an interview released Sunday.
A trade and customs enforcement law enacted previous year set out three criteria for identifying manipulation among major trading partners: a "material" global current account surplus, a "significant" bilateral trade surplus with the United States, and persistent one-way intervention in foreign exchange markets.
"The North Korean threat is no longer business as usual", said Lt. Gen. Wallace Gregson (Ret.), the senior director for China and the Pacific at the Center for National Interest.
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Trump, who has said global warming is a hoax perpetrated by the Chinese to hurt the US economy, signed an executive order last week that aims to roll back Obama-era policies regulating carbon emissions.
While an open bid by China could be stopped by USA regulations that protect national security, US officials are anxious that the company could fall indirectly into China's hands through complex banking transactions and third-party sleight-of-hand.
Mr Trump is due to hold his first meeting with his Mr Xi on Thursday amid a myriad of foreign policy challenges, from Syria to North Korea. "The thought of any country in Asia that can fire a missile that can come close to China's border is never going to be welcomed by Chinese leadership". "If China is not going to solve North Korea, we will".
The One-China policy and trade will be the other two issues that could dominate the talks between the two leaders over Thursday and Friday.
US Secretary of State Rex Tillerson has also said that "the clock has now run out and all options are on the table" in regard to North Korea, according to CNN.
It had risen to a three-week high of 100.850 overnight on an upbeat U.S. ADP private sector employment report. Former Deputy Assistant Secretary of State for USA policy toward China, Taiwan, Hong Kong and Mongolia. Of Trump's ultimatum, he said, "I think the Chinese are likely to see through this".
China accounts for about 90 per cent of North Korea's trade, giving it potential leverage over its ally. China may have agreed to an early summit because they see an opportunity to strike a better deal before Trump has a full team in place and a clearly defined strategy, he said.
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