Start GRASP/Korea Trump, Xi Showdown Fails To Materialize At Mar-A-Lago

Trump, Xi Showdown Fails To Materialize At Mar-A-Lago

274
0
TEILEN

PALM BEACH, Fla. (AP) — What was billed as a showdown between the leaders of the United States and China over trade and North Korea ended with little sign of confrontation Friday — or of concrete progress in resolving their differences.
President Donald Trump had predicted a „very difficult“ meeting with Chinese President Xi Jinping. After their first face-to-face at the Mar-a-Lago resort, he trumpeted they had developed an „outstanding“ relationship.
U. S. officials said the two sides agreed to increase cooperation on trying to get North Korea’s to abandon its nuclear weapons program, and China acknowledged the need for more balanced trade with the U. S.
But the two days of meetings appeared heavier on optics than substance. The most powerful message for the Chinese leader may have been Trump’s decision to launch U. S. missile strikes at Syria.
Those strikes added weight to Trump’s threat last week to act unilaterally against North Korea’s weapons program — although a much heavier risk would be required to take military action against the nuclear-armed North, which has its artillery and missiles trained on a key U. S. ally, South Korea.
The U. S. administration’s first recourse is very likely to be economic — pushing China to crack down on Chinese banks and companies said to provide North Korea access to the international financial system.
In a possible harbinger of the kind of punishments Washington could inflict, a leading Chinese telecoms company, ZTE, was fined nearly $900 million in March for shipping sensitive U. S.-made technology to Iran in violation of U. S. sanctions.
„They recognize that shows our clear determination to crack down on this sort of activity, “ Commerce Secretary Wilbur Ross told reporters.
Secretary of State Rex Tillerson said the U.

Continue reading...