FT reports on US moves to further isolation to china
FT reports on US moves to further isolate China
By gowidenews. Sun 7 Oct 2018 23:42:15
Report reaching us says...,
The Financial Times on how the Trump administration is putting further trade pressure on China
The new Nafta deal with Canada and Mexico includes a provision that would require its two neighbours to give notification of any trade negotiations with a "non-market economy"
Speaking on Saturday, a senior White House official said the US would try to replicate the provision in future trade deals with the EU, Japan and the UK
Says the (unnamed) official:
"Will this be a precedent for the future? Absolutely"
"It is important that we make sure that any agreements we enter into do not ultimately get undermined and [that] China does not find a backdoor way to gain access to the US market."
More here at the FT article, which is gated
All this negative news on US ? China relations will continue to be a headwind for the Australian dollar. And dont even get me started on any Australia /US discussion that seems to enforce such a China provision on Australia. .
By gowidenews. Sun 7 Oct 2018 23:42:15
Report reaching us says...,
The Financial Times on how the Trump administration is putting further trade pressure on China
The new Nafta deal with Canada and Mexico includes a provision that would require its two neighbours to give notification of any trade negotiations with a "non-market economy"
Speaking on Saturday, a senior White House official said the US would try to replicate the provision in future trade deals with the EU, Japan and the UK
Says the (unnamed) official:
"Will this be a precedent for the future? Absolutely"
"It is important that we make sure that any agreements we enter into do not ultimately get undermined and [that] China does not find a backdoor way to gain access to the US market."
More here at the FT article, which is gated
All this negative news on US ? China relations will continue to be a headwind for the Australian dollar. And dont even get me started on any Australia /US discussion that seems to enforce such a China provision on Australia. .
Comments