Opinions on US-China trade row

CNC
Added On April 9, 2018

The Trump administration's threat to impose more tariffs on imports from China escalates economic brinkmanship with Beijing.
 
The unilateral move is disturbing the world.
 
Many said that the decision is a wrong remedy for U.S. trade deficits, but a protectionist step that builds up trust deficits with trade partners.
 
Politicians and experts speak up on the Trump administration's tariff move against China.
 
U.S. congressman Al Green said on Friday that world stability needs the U.S. and China on the same boat.
 
He said that U.S.-China relations are vitally important.
 
SOUNDBITE: AL GREEN, US congressman
"This relationship is the one that will not only develop great business opportunities for the citizens of both of these great nations, this is an important thing of business opportunities. But I think there is something that is even more important. It is the opportunity to develop the stability that we need in the world." 
 
Green added that he is not in support of the U.S. tariff proposals.
 
SOUNDBITE: AL GREEN, US congressman
"To hear all these talks about tariffs and possible trade w ars, I am a member of the Congress of the United States of America, I'm proud to serve my constituency and proud to serve my country. But I want you to know this: I don't favor tariffs, I don't favor trade wars. I favor an opportunity for us to do business together."
 
 
Stephen Orlins, a U.S. expert on China issues, said that America should find areas "of cooperation, not of conflict" in its relations with China.
 
Orlins recognized China as a responsible stakeholder in the global community, and a productive member of the United Nations, the International Monetary Fund and the World Bank. 
 
China has made it clear that it wants healthy, win-win trade cooperation with the U.S., but recent months have indicated that the latter has other ideas.
 
Orlins said he regrets seeing the positive aspects of U.S.-China relations ignored.
 
SOUNDBITE(ENGLISH): STEPHEN ORLINS, President, National Committee on US-China Relations
"Of course I'm worried that the portrayals of China and of U.S.-China relations in these documents lack context. They focus on the negative aspects of the relationship without focusing and talking about all the positive aspects of this relationship. Where is that part of the document that poor Americans and lower middle-class Americans when they can save $1000 or $1500 a year on purchasing shoes and socks and underwear and shirts and televisions. They can live better. Where is that in this document? Where is the balance? Where is the statement that American, we are running a $58 billion trade surplus in services. Where is that? Where is the statement about Boeing and Apple and Caterpillar and all the US companies that have done so well. Is there a trade deficit? Yes. But the trade deficit, the bilateral trade deficit is based upon issues that are not addressed in this document." 
 
Trade tensions between the world's two largest economies are also worrying other countries.
 
Former Thai Deputy Prime Minister Surakiart Sathirathai said that the ongoing tensions are beginning to concern international businesses. 
 
SOUNDBITE(ENGLISH): SURAKIART SATHIRATHAI, Chairman, Asia Peace and Reconciliation Council
"Obviously, the past 2 or 3 days, there has been impact on our stock market, because of the fear, because of the lack of certainty, as we all know, business people they want to be secured of their business transactions, they don't want to charter into the un-chartered territory, so when they don't know what's going on, and also the international investors are hesitated.the trade war between China and US would have indirect effect on the supply chain among ASEAN countries. The supply chain among ASEAN countries is something that have kept ASEAN economy growing in the past ten years."