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Trump seeks to leverage his position on trade with China because, then something something, Kim Jon Un is deposed. Here's an excerpt from a recent interview between the press corps and Trump.
https://mobile.nytimes.com/2017/07/...times&smtyp=cur&referer=http://m.facebook.com
Trump seems focused on two things here.
1. The U.S. is getting exploited somehow.. and that is a problem, without DPRK. (We're going to talk tough on trade anyway, oh and by the way, we want you to fix DPRK too, or else!!)
2. The U.S. has power by leveraging its markets to extort the Chinese and South Korea into solving a totally unrelated problem: DPRK.
Is trade with China or, South Korea (two different agreements in and of themselves, Trump seems to interchange one for the other belying a poor understanding of the topic) connected in any way to a workable solution for DPRK? I don't believe the two are connected. Trump is conflating Wilbur Ross' job as commerce secretary with Rex Tillerson's job as SOS.
https://mobile.nytimes.com/2017/07/...times&smtyp=cur&referer=http://m.facebook.com
Trump said:Very important to me with China, we have to fix the trade. We have to fix the trade. And I’ve been going a little bit easier because I’d like to have their help. It’s hard to go ***. But we have to fix the trade with China because it’s very, very none-reciprocal.
Press Corps said:Q Is that your bargaining chip with them to get on board with North Korea? Is, like, you want to —
Trump said:THE PRESIDENT: Nobody has ever said it before. I say it all the time. Somebody said, what cards do you have? I said, very simple — trade. We are being absolutely devastated by bad trade deals. We have the worst of all trade deals is with China.
We have a bad deal with South Korea. We’re just starting negotiations with South Korea. South Korea, we protect, but we’re losing $40 billion a year with South Korea on trade. We have a trade deficit of $40 billion. The deal just came up.
That was another Hillary Clinton beauty. Remember she said it was five-year deal, and now it’s an extension period. She said this will put jobs in our country. She said we’ll make money with it. Great. We’re losing $40 billion a year. It’s a horrible deal. So we’re starting — we started, as of yesterday, renegotiating the deal with South Korea. We have to.
But the biggest strength we have are these horrendous trade deals, like with China. That’s our strength. But we’re going to fix them. But in terms of North Korea, our strength is trade.
Trump seems focused on two things here.
1. The U.S. is getting exploited somehow.. and that is a problem, without DPRK. (We're going to talk tough on trade anyway, oh and by the way, we want you to fix DPRK too, or else!!)
2. The U.S. has power by leveraging its markets to extort the Chinese and South Korea into solving a totally unrelated problem: DPRK.
Is trade with China or, South Korea (two different agreements in and of themselves, Trump seems to interchange one for the other belying a poor understanding of the topic) connected in any way to a workable solution for DPRK? I don't believe the two are connected. Trump is conflating Wilbur Ross' job as commerce secretary with Rex Tillerson's job as SOS.