Trump Gives Clarification On US-China Trade Deal After White House Trade Advisor Says ‘it’s Over’
On this week’s Tuesday, President of the United States Donald Trump shed light on the US-China trade deal and told that China is ‘fully intact’ in Twitter Trump said that he expects China will proceed to ‘live up to terms’ of the agreement. His tweet appeared just after reports arrived that trade adviser of White House, Peter Navarro in an interview to Fox news told that the trade deal with China is “over.”
The US attacks China on various issues
The US has been talking publicly against China for its negligence of Coronavirus outburst. The United States spoke against Beijing for its Hong Kong security law, steps against the minorities in Xinjiang and its one-sided action on the LAC with India.
In reality, among the rising stress between the Asian neighboring countries – India and China, United States president, Donald Trump has offered reconciliation between the two on the recent LAC standstill. He said that the US is talking to both India and China to help them solve the matter.
The United States Secretary of state strongly attacked China on the Galwan clashes. On 20th June, mentioning the Galwan conflicts, he said, “The PLA has escalated border tensions – we see it today in India, the world’s most popular – populous democracy. And we watch as it militarizes the South China Sea and illegally claims more territory there, threatening vital sea lanes, a promise they broke again”.
Another bone of dispute that has appeared between the US and China is the “Uyghur Human Rights Policy Act of 2020” signed by the US President last week. It aims to penalize China for the human rights infringement of the ethnic minority groups in Xinjiang. It is focused on holding responsible violators of human rights and abuses such as the structured usage of propaganda camps, enforced toiling, and intruding scrutiny to eliminate the ethnic specification and religious faiths of Uighurs and other minorities in China.
The initial agreement between the US and China
In January this year, the US and China had signed an agreement to stop their months-long trade war. According to the agreement, China promised to improve US imports by $200billion above 2017 levels and reinforce intellectual property rules. In return, the US consented to halve some of the new tariffs it had inflicted on Chinese products. While Washington entitled it as ‘transformative’ for the US economy, Beijing had expected a ‘win-win’ situation.
US-China trade war
The trade war started between the two economies in 2018 when the Trump government inflicted tariffs on more than $360bn (£268bn) of Chinese goods, accusing it of ‘unfair trade practices.’ China responded with tariffs on more than $110bn of US products. Washington delivered four rounds of tariffs from 2018-2019. The most recent was a 15 percent duty on Chinese imported products, from meat to musical instruments. Beijing responded with tariffs ranging from 5 percent to 25 percent on US imported goods.
