Saturday, April 7, 2018

US-China trade war fears escalate as threats ramp up
Read more at https://www.channelnewsasia.com/news/business/us-china-trade-war-fears-escalate-as-threats-ramp-up-10113164

07 Apr 2018 04:50AM
Ricky Lim · 

President Donald Trump lashed out again and China called on the European Union to join the battle, sending global stocks into the red
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EU should not trust Trump because :-
(1) Trump threaten the whole EU with tariff on steel and aluminium and only put EU on temporary exemption list - and threaten to put EU on tariff by May if EU don't conply with Trump's demand.
France say "Trump is demanding EU to comply to Trump's demand by pointing a gun at EU's head."
So does EU want to sucuumb to Trump's threat and in turn help Trump for has threaten them?
(2) Trump force EU to pay more for their NATO expenses - also by threat and brute force.
Does EU want to support Trump - who has the habit of bullying and threatening EU?
(3) Does EU want to work with a Devil (Trump) - who will turn around and eat up EU after Trump win?
(4) If EU help Trump, it means EU will be supporting Trump's philosophy of protectionism, "America First, but World last, EU last policy".
Trump stand for policies that is against free trade, open trade - and "America First" where others last policy.
So does EU want to support Trump's policy - that harm EU's interest?

If no, EU should not support Trump and should in fact stand on the side of the World, to demand Trump follow WTO's policies of free trade and open trade.
The World is looking at how EU is going to respond to Trump.
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Ricky Lim · 
Lighthizer has adopted a similarly tough stance in talks to renegotiate the North American Free Trade Agreement, one of the world's biggest trade pacts that spans the United States, Canada and Mexico. He has relentlessly pushed for tough concessions. But in six months of talks, little or no progress has been made.
Mexico and Canada have blamed Lighthizer’s hardline negotiating stance for the lack of progress. They say he has repeatedly told them to swallow tough concessions on autos, investor protection and other issues. Lighthizer has said he is determined to “rebalance” NAFTA trade to restore lost U.S. manufacturing jobs.
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EU be warned.
Trump and his economic aides will use the same tactics to force it on EU's trade with US.

EU should not support Trump and in fact should join the World - to punish Trump that his trade policies is not welcome by the World.
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