Monday, April 3, 2017

Trump's Push on China to Aid with North Korea's Nuclear Programme Through Possible Trade Reforms

Recently, North Korea's nuclear programme has been a topic of great debate amongst the United States and China. Both nations have been discussing on ways to prevent, or lessen, nuclear activities under Kim Jong-un's control. This week, President Trump has claimed that the US will not rely on China to assist them in the issue, regardless of whether they choose to do it or not.

""If China is not going to solve North Korea, we will. That is all I am telling you," he said in an interview with the Financial Times.

The United States sees China's support in the case as being of crucial importance, since China has great "influence over North Korea", due to its oil exports to the country, as well as the Chinese banks, which are "intermediaries that keep North Korea moving".

Making such statement prior to a scheduled visit from China's president Xi Jinping, one of the ways Mr. Trump sees fit to deal with the country is to tackle trade issues. Currently under a trade deficit, China is the largest source of this deficit, making up $347bi out of a total of $502bi, which concludes that both parties undergo intense international economic transactions. President Trump stated that trade issues will be used as "leverage" on the case, serving as an incentive to have China's cooperation in place. However, the US President has not provided any details on how to deal with this issue nor information on the application of tariffs. 

In the end, we can see how trade can impact a whole nation's position on any matter for economic growth is desired by any country and, given the dependencies on attaining cheap resources from other world partners in order to become more efficient in terms of production.


Source:
http://www.bbc.com/news/world-us-canada-39475178


1 comment:

Unknown said...

Its a bit baffling that Trump would make such a comment It seems that strengthen ties with China would be best for American safety and economic welfare. This has obviously been the attitude Trump has taken with a lot of his polices, particularly foreign policy. I am curious to see if this tariff plan gets implemented.