US Seeks to Use Trade Talks With Nations as Leverage Against China: Report | The Epoch Times

By Emel Akan
Washington is reportedly asking countries to ban transshipments, help stop China from dumping cheap goods on the global market, in exchange for tariff cuts.

WASHINGTON—The Trump administration is reportedly seeking to add a condition in its trade negotiations with nearly 70 countries that would isolate China.

According to a report first published by the Wall Street Journal, Washington is asking other countries to reduce their trade and economic ties with Beijing in exchange for a reduction in tariffs.

A White House official familiar with the administration’s trade talks told The Epoch Times that he could not confirm but would not “wave off” the report. He did not elaborate on the administration’s strategy.

U.S. officials are reportedly asking other nations to ban transshipments, a practice that involves Chinese goods being minimally altered or simply relabeled in other countries and then sent to the United States.

Another strategy is to prevent Chinese companies from moving their production to other countries to avoid U.S. tariffs. In addition, U.S. officials are urging other countries not to allow cheap Chinese goods to be poured into their markets, a practice that many countries have already started to address.

On April 2, President Donald Trump announced a 10 percent baseline tariff on nearly every country and added higher, reciprocal tariffs on a number of key trading partners, including Japan, Vietnam, the European Union, and China.

Please read more at the below link

https://www.theepochtimes.com/us/us-seeks-to-isolate-china-in-trade-talks-with-other-nations-report-5842953

Discover more from Vietnamese-American Conservative Alliance (VACA)

Subscribe now to keep reading and get access to the full archive.

Continue reading