Dimanche, 20 Août, 2017

Trump delays announcement of trade action against China

Korean People's Army soldiers and city residents at a ceremony to open a new residential area on Ryomyong Street in Pyongyang Anti-N Korea Sanctions Not in Line With Interests of US Allies Rivals – DPRK Sputnik Iliya Pitalev
Manon Joubert | 05 Août, 2017, 00:24

China opposes the new US law to toughen sanctions against Russia, Iran and North Korea, the Chinese Foreign Ministry said in a statement. "But China is extremely sensitive to even theoretical possibility of this", he said. "But the Russian-Chinese partnership has its own dynamics without it. It is based on the fact that we are neighbors with a huge border, that we have a huge cooperation potential that can be increased in all spheres - starting from economy to humanitarian areas", Andrei Korneev concluded.

China's strategic interests in Korea are different from those of the U.S., and that leaves China unwilling to act on America's behalf.

This week, in an unsigned editorial in the English-language newspaper China Daily, the government sounded an exasperated note.

Despite the rancor, the US has recently expressed a desire to engage the North in talks, and in the past Trump has expressed a willingness to meet with supreme leader Kim Jong-un.

"He needs to be convinced the costs he will suffer are greater than the benefits [of continuing the nuclear program]".

"North Korea keeps its military capabilities secret, and is particularly cautious about revealing its cyberwarfare capabilities".

Schumer alleged that the North Korean regime, is increasingly dependent on China's goods and investments, especially its energy and manufacturing imports.

The United States had for months put pressure on China to rein in North Korea's increasingly sophisticated weapons program, but Trump's tweets have indicated he is tired of waiting for results. "I think that this further stimulates cooperation under sanctions", he drew attention.

Trump on April 20 launched a trade probe against China and other foreign exporters of cheap steel into the U.S. market, citing national security concerns and raising the possibility of new tariffs.

Bolton begins by arguing that recent ballistic missile tests by North Korea indicate that sanctions and diplomatic initiatives are destined to fail.

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"We see a bumpy road ahead for the trade relationship between the two countries", said Yang Zhao, Nomura's chief China economist.

Growth in fixed asset investment is expected to have been unchanged from June at 8.6 percent, while retail sales growth may have moderated slightly to 10.8 percent from 11.0 percent a month earlier, analysts said. The big question: Can North Korea be deterred, just as the Soviet Union and China were?

It was clear to tens of millions of Americans during the Cold War that there could be no winner in a nuclear exchange between our country and the USSR.

The sanctions target Russia's defense, intelligence, mining, shipping and railway industries and restricts dealings with Russian banks and energy companies. A pre-emptive first-strike by the United States would risk the deaths of hundreds of thousands of Koreans and Japanese (and American residents of Seoul), albeit with little risk to the American homeland.