Trump’s Deals in China Bely Long Trade Fight Ahead

“This includes addressing China’s market access restrictions and technology transfer requirements,” he said, “which prevent American companies from being able to fairly compete within China.”

President Trump’s Joint Press Statement with President Xi Jinping of China President Trump spoke with China’s president, Xi Jinping, on trade and other issues in Beijing.

Both countries face pressure to show their reasonable sides ahead of what could be a difficult fight.

Mr. Trump made harsh criticism of trade with China a centerpiece of his campaign for president and faces pressure to deliver on promises to level the playing field and close the yawning American trade deficit with China. At the same time, he is seeking China’s help containing North Korea, and on other issues.

Mr. Trump struck a somewhat more conciliatory tone in front of his Chinese hosts. While China’s trade practices are unfair, he said, that stemmed mainly from what he called the failings of his predecessors.

“Right now, unfortunately, it is a very unfair and one-sided one,” Mr. Trump said of the two countries’ trading relationship. “But I don’t blame China, after all. Who can blame a country for taking advantage of another country for the benefit of its citizens?”

Mr. Xi faces his own pressures.

Article source: https://www.nytimes.com/2017/11/09/business/donald-trump-china-trade-xi-jinping.html

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