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China has turned off the tap on crucial goods for North Korea in a bid to pile on economic pressure as South and North Korean leaders prepare for an unprecedented diplomatic summit this April, and hopes for May talks between the US the isolated country mount. The leaders of North and South Korea are to meet on April 27 for the first time in more than a decade, the two countries announced on Thursday after preliminary talks between senior officials.An analysis of Chinese customs data from Aberdeen Standard Investments has revealed that China’s exports of refined petroleum to North Korea have collapsed in the last five months, to as little as 3.7 per cent on the previous year.
originally posted by: alldaylong
No, Trump is not the catalyst that has bought about events in North Korea.
China is the major power broker, with it's crippling economic sanctions on North Korea. Without China, NK are screwed.
China has turned off the tap on crucial goods for North Korea in a bid to pile on economic pressure as South and North Korean leaders prepare for an unprecedented diplomatic summit this April, and hopes for May talks between the US the isolated country mount. The leaders of North and South Korea are to meet on April 27 for the first time in more than a decade, the two countries announced on Thursday after preliminary talks between senior officials.An analysis of Chinese customs data from Aberdeen Standard Investments has revealed that China’s exports of refined petroleum to North Korea have collapsed in the last five months, to as little as 3.7 per cent on the previous year.
www.telegraph.co.uk...
Trump may have well had some input into improving relations, but it is China that is calling the shots. Trump is just but a bit player.
Trump squeeze China,
originally posted by: alldaylong
a reply to: GuidedKill
Trump squeeze China,
Do you honestly think China is going to listen to Trump after he started a Trade War with them?
Misguided or what?
originally posted by: GuidedKill
originally posted by: alldaylong
a reply to: GuidedKill
Trump squeeze China,
Do you honestly think China is going to listen to Trump after he started a Trade War with them?
Misguided or what?
Apparently they are....
Link
originally posted by: alldaylong
a reply to: GuidedKill
Trump squeeze China,
Do you honestly think China is going to listen to Trump after he started a Trade War with them?
Misguided or what?
Fri March 23, 2018
Washington (CNN)President Donald Trump launched the next salvo in his widening war on Chinese trade abuses, this time taking aim at China's unfair seizure of US intellectual property. Trump on Thursday directed the US trade representative to level tariffs on about $50 billion worth of Chinese imports following a seven-month investigation into the intellectual property theft, which has been a longstanding point of contention in US-China trade relations. In addition to the tariffs, the US also plans to impose new investment restrictions, take action against China at the World Trade Organization and the Treasury Department also will propose additional measures.
The customer is always right. US is the worlds biggest consumer by far,
originally posted by: alldaylong
originally posted by: GuidedKill
originally posted by: alldaylong
a reply to: GuidedKill
Trump squeeze China,
Do you honestly think China is going to listen to Trump after he started a Trade War with them?
Misguided or what?
Apparently they are....
Link
To avoid a Trade War yes. As part of brokering peace in NK no.
Trump has started a trade war also with The EU. So what peace is Trump trying to broker in Europe.
Answers here...............
originally posted by: GuidedKill
a reply to: alldaylong
Cause and effect.... for every action there is a equal reaction.
Trump squeeze China, China squeeze N Korea...
Don’t let that hurt your feelings now.....
Trade war with China is just one facet of negotiation
“Hillary Clinton unleashed a trade war against the American worker when she supported one terrible trade deal after another – from NAFTA to China to South Korea,” he said. “A Trump Administration will end that war by getting a fair deal for the American people. The era of economic surrender will finally be over.”
The U.S. trades more than $170 billion with Germany alone at $64 billion deficit.
The United States has the world's largest trade deficit. It's been that way since 1975. The deficit in goods and services was $566 billion in 2017.