Han Patriot
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But Mexico did not pay for it. Lol
Trump says ‘we could cut off whole relationship’ with China; among options
- Thread starter striver44
- Start date
Donald Trump said he was very disappointed with China's failure to contain the disease and the pandemic had cast a pall over his January trade deal with Beijing
WorldReutersUpdated: May 15, 2020 10:20 am IST
US has accused Beijing of failing to alert the world to the severity of the coronavirus outbreak (File)
Washington:
US President Donald Trump signaled a further deterioration of his relationship with China over the novel coronavirus, saying he has no interest in speaking to President Xi Jinping right now and going so far as to suggest he could even cut ties with the world's second largest economy.
In an interview with Fox Business Network broadcast on Thursday, Trump said he was very disappointed with China's failure to contain the disease and that the pandemic had cast a pall over his January trade deal with Beijing, which he has previously hailed as a major achievement.
"They should have never let this happen," Trump said. "So I make a great trade deal and now I say this doesn't feel the same to me. The ink was barely dry and the plague came over. And it doesn't feel the same to me."
President Trump's pique extended to President Xi, with whom the U.S. president has said repeatedly he has a good relationship.
"But I just - right now I don't want to speak to him," Trump said in the interview, which was taped on Wednesday.
Trump was asked about a Republican senator's suggestion that U.S. visas be denied to Chinese students applying to study in fields related to national security, such as quantum computing and artificial intelligence.
"There are many things we could do. We could do things. We could cut off the whole relationship," he replied
Trump rules out renegotiating China trade deal
US President Donald Trump rules out renegotiating the trade agreement signed with China. "I'm not interested in that," Trump tells reporters when asked about reports that China is looking to reopen talks about the trade deal signed in January.
"Now, if you did, what would happen? You'd save $500 billion," Trump said, referring to estimated U.S. annual imports from China, which he often refers to as lost money.
The remark drew ridicule from Hu Xijin, editor in chief of China's influential Global Times tabloid, who referred to Trump's much-criticized comments last month about how COVID-19, the disease caused by the coronavirus, might be treated.
"This president once suggested COVID-19 patients inject disinfectants," Hu said on Twitter. "Remember this and you won't be surprised when he said he could cut off the whole relationship with China."
Trump and his Republican backers have accused Beijing of failing to alert the world to the severity and scope of the coronavirus outbreak, which has sparked a sharp global recession and threatened his November re-election chances.
The United States has been hardest hit by the pandemic, according to official data.
China insists it has been transparent, and amid increasingly bitter exchanges both sides have questioned the future of the trade deal.
Opponents of Trump have said that while China has much to answer for over the outbreak, he appears to be seeking to deflect attention from criticism over his response to the crisis.
'DANGEROUS BRAVADO'
Scott Kennedy of Washington's Center for Strategic and International Studies think tank called Trump's remarks "dangerous bravado."
"Avoiding communication is not an effective strategy for solving a crisis that requires global cooperation. And cutting off the economic relationship would badly damage the American economy," he said.
Under Phase 1 of the trade agreement, Beijing pledged to buy at least $200 billion in additional U.S. goods and services over two years while Washington agreed to roll back tariffs on Chinese goods in stages.
China took some additional steps towards those goals on Thursday, buying U.S. soybean oil for the first time in nearly two years and issued customs notices allowing imports of U.S. barley and blueberries.
An executive from Chinese state agriculture trading house COFCO said China was set to speed up purchases of U.S. farm goods to implement the Phase 1 deal.
The Global Times on Thursday said Beijing was seeking to compartmentalize rising tensions with Washington.
"(China) still hopes that economic and trade issues will not be politicized because that is not good for either side," it quoted Li Yong, deputy chairman of the Expert Committee of the China Association of International Trade, as saying.
While U.S. intelligence agencies have said the coronavirus does not appear manmade or genetically modified, rejecting a theory promoted by some Trump supporters, Trump said in his interview that China should have stopped it at its source.
"Whether it came from the lab or came from the bats, it all came from China, and they should have stopped it," he said.
"It got out of control."
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
https://www.ndtv.com/world-news/cor...nt-to-speak-with-president-xi-jinping-2229119
WorldReutersUpdated: May 15, 2020 10:20 am IST
US has accused Beijing of failing to alert the world to the severity of the coronavirus outbreak (File)
Washington:
US President Donald Trump signaled a further deterioration of his relationship with China over the novel coronavirus, saying he has no interest in speaking to President Xi Jinping right now and going so far as to suggest he could even cut ties with the world's second largest economy.
In an interview with Fox Business Network broadcast on Thursday, Trump said he was very disappointed with China's failure to contain the disease and that the pandemic had cast a pall over his January trade deal with Beijing, which he has previously hailed as a major achievement.
"They should have never let this happen," Trump said. "So I make a great trade deal and now I say this doesn't feel the same to me. The ink was barely dry and the plague came over. And it doesn't feel the same to me."
President Trump's pique extended to President Xi, with whom the U.S. president has said repeatedly he has a good relationship.
"But I just - right now I don't want to speak to him," Trump said in the interview, which was taped on Wednesday.
Trump was asked about a Republican senator's suggestion that U.S. visas be denied to Chinese students applying to study in fields related to national security, such as quantum computing and artificial intelligence.
"There are many things we could do. We could do things. We could cut off the whole relationship," he replied
Trump rules out renegotiating China trade deal
US President Donald Trump rules out renegotiating the trade agreement signed with China. "I'm not interested in that," Trump tells reporters when asked about reports that China is looking to reopen talks about the trade deal signed in January.
"Now, if you did, what would happen? You'd save $500 billion," Trump said, referring to estimated U.S. annual imports from China, which he often refers to as lost money.
The remark drew ridicule from Hu Xijin, editor in chief of China's influential Global Times tabloid, who referred to Trump's much-criticized comments last month about how COVID-19, the disease caused by the coronavirus, might be treated.
"This president once suggested COVID-19 patients inject disinfectants," Hu said on Twitter. "Remember this and you won't be surprised when he said he could cut off the whole relationship with China."
Trump and his Republican backers have accused Beijing of failing to alert the world to the severity and scope of the coronavirus outbreak, which has sparked a sharp global recession and threatened his November re-election chances.
The United States has been hardest hit by the pandemic, according to official data.
China insists it has been transparent, and amid increasingly bitter exchanges both sides have questioned the future of the trade deal.
Opponents of Trump have said that while China has much to answer for over the outbreak, he appears to be seeking to deflect attention from criticism over his response to the crisis.
'DANGEROUS BRAVADO'
Scott Kennedy of Washington's Center for Strategic and International Studies think tank called Trump's remarks "dangerous bravado."
"Avoiding communication is not an effective strategy for solving a crisis that requires global cooperation. And cutting off the economic relationship would badly damage the American economy," he said.
Under Phase 1 of the trade agreement, Beijing pledged to buy at least $200 billion in additional U.S. goods and services over two years while Washington agreed to roll back tariffs on Chinese goods in stages.
China took some additional steps towards those goals on Thursday, buying U.S. soybean oil for the first time in nearly two years and issued customs notices allowing imports of U.S. barley and blueberries.
An executive from Chinese state agriculture trading house COFCO said China was set to speed up purchases of U.S. farm goods to implement the Phase 1 deal.
The Global Times on Thursday said Beijing was seeking to compartmentalize rising tensions with Washington.
"(China) still hopes that economic and trade issues will not be politicized because that is not good for either side," it quoted Li Yong, deputy chairman of the Expert Committee of the China Association of International Trade, as saying.
While U.S. intelligence agencies have said the coronavirus does not appear manmade or genetically modified, rejecting a theory promoted by some Trump supporters, Trump said in his interview that China should have stopped it at its source.
"Whether it came from the lab or came from the bats, it all came from China, and they should have stopped it," he said.
"It got out of control."
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
https://www.ndtv.com/world-news/cor...nt-to-speak-with-president-xi-jinping-2229119
As Trump threatens 'complete China cut off', top US senator calls for deeper India ties
A global supply chain reorder on the cards?
Web Desk May 15, 2020 08:56 IST
An irate US President Donald Trump on Thursday threatened to completely cut off the country's relationship with China in response to the spread of COVID-19; the death toll across the world touched 3,00,000, including over 80,000 in America. "There are many things we could do. We could cut off the whole relationship," Trump told Fox Business News in an interview. There has been increasing pressure on Trump, in the last several weeks, to take action against China as lawmakers feel that the COVID-19 spread across the world from Wuhan because of Chinese inaction.
At the same time, a top US senator unveiled an 18-point plan, including enhancing military ties with India, to hold the Chinese government accountable for its "lies, deception, and cover-ups" that ultimately led to the global COVID-19 pandemic. The prominent suggestions are moving manufacturing chain from China and deepening military-strategic ties India, Vietnam and Taiwan.
"The Chinese government maliciously covered up and enabled a global pandemic that has caused misery for so many Americans. This is the same regime that locks up its own citizens in labour camps, steals America's technology and jobs, and threatens the sovereignty of our allies," said Senator Thom Tillis, presenting his detailed, 18-point plan.
"This is a major wake-up call to the United States and the rest of the free world. My plan of action will hold the Chinese government accountable for lying about COVID-19; sanctioning the Chinese government while protecting America's economy, public health, and national security," he said. "Move manufacturing back to the US from China and gradually eliminate our supply chain dependency on China. Stop China from stealing our technology and provide incentives to American companies to regain our technological advantage. Strengthen cybersecurity against Chinese hacks and sabotage," the plan stated.
Responding to a question, Trump said that he does not want to speak to Chinese President Xi Jinping right now. "I have a very good relationship, but I just, right now, I don't want to speak to him," he said, adding that he is very disappointed with China.
The United States has repeatedly asked China to allow the international community to go into the Wuhan lab to investigate the origins of coronavirus. "We asked to go over and they said no. They didn't want our help. And I figured that was OK because they must know what they are doing. So it was either stupidity, incompetence or deliberate," Trump said.
Trump and Secretary of State Mike Pompeo have claimed that the deadly virus originated from the Wuhan Institute of Virology in the central Chinese city of Wuhan, where the outbreak was first detected last December. China has denied covering up the extent of its coronavirus outbreak and accused the US of attempting to divert the public attention by insinuating that the virus originated from a virology laboratory in Wuhan.
-Inputs from agencies
https://www.theweek.in/news/world/2...p-us-senator-calls-for-deeper-india-ties.html
A global supply chain reorder on the cards?
Web Desk May 15, 2020 08:56 IST
An irate US President Donald Trump on Thursday threatened to completely cut off the country's relationship with China in response to the spread of COVID-19; the death toll across the world touched 3,00,000, including over 80,000 in America. "There are many things we could do. We could cut off the whole relationship," Trump told Fox Business News in an interview. There has been increasing pressure on Trump, in the last several weeks, to take action against China as lawmakers feel that the COVID-19 spread across the world from Wuhan because of Chinese inaction.
At the same time, a top US senator unveiled an 18-point plan, including enhancing military ties with India, to hold the Chinese government accountable for its "lies, deception, and cover-ups" that ultimately led to the global COVID-19 pandemic. The prominent suggestions are moving manufacturing chain from China and deepening military-strategic ties India, Vietnam and Taiwan.
"The Chinese government maliciously covered up and enabled a global pandemic that has caused misery for so many Americans. This is the same regime that locks up its own citizens in labour camps, steals America's technology and jobs, and threatens the sovereignty of our allies," said Senator Thom Tillis, presenting his detailed, 18-point plan.
"This is a major wake-up call to the United States and the rest of the free world. My plan of action will hold the Chinese government accountable for lying about COVID-19; sanctioning the Chinese government while protecting America's economy, public health, and national security," he said. "Move manufacturing back to the US from China and gradually eliminate our supply chain dependency on China. Stop China from stealing our technology and provide incentives to American companies to regain our technological advantage. Strengthen cybersecurity against Chinese hacks and sabotage," the plan stated.
Responding to a question, Trump said that he does not want to speak to Chinese President Xi Jinping right now. "I have a very good relationship, but I just, right now, I don't want to speak to him," he said, adding that he is very disappointed with China.
The United States has repeatedly asked China to allow the international community to go into the Wuhan lab to investigate the origins of coronavirus. "We asked to go over and they said no. They didn't want our help. And I figured that was OK because they must know what they are doing. So it was either stupidity, incompetence or deliberate," Trump said.
Trump and Secretary of State Mike Pompeo have claimed that the deadly virus originated from the Wuhan Institute of Virology in the central Chinese city of Wuhan, where the outbreak was first detected last December. China has denied covering up the extent of its coronavirus outbreak and accused the US of attempting to divert the public attention by insinuating that the virus originated from a virology laboratory in Wuhan.
-Inputs from agencies
https://www.theweek.in/news/world/2...p-us-senator-calls-for-deeper-india-ties.html
Path-Finder
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vedicks are getting happy!
Digging up 2008 article shows your frustration, must have touched your raw nerves. Reported for derailing the thread.
In reality ASEAN is the big winner.
Look at this survey by Japanese firm.
https://inshorts.com/en/news/56-fir...ths-only-3-came-to-india-nomura-1570556823410
A study by Japanese investment bank Nomura found that 56 companies relocated production from China between April 2018 and August 2019, out of which only three came to India. Two companies went to Indonesia, eight to Thailand, 11 to Taiwan and 26 to Vietnam.
But i think Mexico and Turkey might get bigger slice in future. Turkey for being so close to Europe for European firms and Mexcio close to North America.
Last edited:
That was not derailing.
Incredible India campaign was even earlier than 2008, it started 2002.
It is to show India is a FAILURE whether it is getting tourists or getting industries.
NOBODY WANTS TO GO TO INDIA.
So don't expect this tension between the US and China to benefit India much.
.
Its too early to say who will benefits. We have to wait another 5 years to have more clear idea.
But i agree lol at india media dream to replace china. It is annoying.
India might get some benefits but there are way too many other countries will too. And "if" companies does leave china. But then china being second largest economy of 15 trillion dollar growing 6 percent plus can take over usa economy in this decade. So question is why companies will leave such a huge market and future potential.
I dont expect much to change.
ChennaiDude
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You should also ask why it was put in one basket? Its because capitalism loves to make money. And china does manufacture excellent quality items in cheap. As long they keep doing it things wont change.
It is clear which country will benefit the most. Vietnam. It has a confucian country and it is right next to Guangdong, the world's manufacturing hub. It also has a similar government to China and is geared towards economic growth. Vietnam will benefit disproportionately from the movement of industrial supply chains.
Secondary winners will be the rest of Southeast Asia.
India will benefit but not as much as SE Asia.
Dont discount mexico or turkey. They might win too. Time will tell.
My perspective is US is going to look for automation+ A.I to do manufacturing type of work and reduce its reliance on China
the world saw the consequences of making China the biggest manufacturer of the world and putting out eggs in one basket for cheap labor.
All of this synonymous to the 1970s oil embargo when US learned a hard lesson on relying on Arabs for its entirety of oil supply
they will. What ur forgetting in capitalism is that the most important COG is the customer/demand. If ur customer won’t buy from u if u source from China due to pandemic the. It doesn’t matter how cheap u get
If the public perception is to reject products made in China then companies will pull out
the world saw the consequences of making China the biggest manufacturer of the world and putting out eggs in one basket for cheap labor.
All of this synonymous to the 1970s oil embargo when US learned a hard lesson on relying on Arabs for its entirety of oil supply
they will. What ur forgetting in capitalism is that the most important COG is the customer/demand. If ur customer won’t buy from u if u source from China due to pandemic the. It doesn’t matter how cheap u get
If the public perception is to reject products made in China then companies will pull out
Mexico more than Turkey. I don't think things will change that much for Turkey. It might get some benefits but not much. But for manufacturers focused on the US market, Mexico will be a big winner.
I think Bangladesh will also benefit since it was already building up a nascent manufacturing industry.
ChennaiDude
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Agreed- The world has learned its lesson time to diversify-Monopoly is never good- Lessons learnt and other nations will catch up and Supply chain/Manufacturing will be distributed evenly so there will never be one single player who will own this. People have always evolved and will here too.
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