China’s trade practices, especially its over production and dumping policy, which has increasingly drawn flak across major economies including the EU, India and U.S., is likely to face further hurdles and heightened scrutiny.
On Monday, with U.S. President Donald Trump laying out a new U.S. national security strategy based on his “America First” policy, he has clearly identified China as a competitor, said two senior U.S. officials.
On his recent visit to China, although Trump showered praises on Chinese President Xi Jinping, he also demanded that China do more than lip service to pressure its ally, North Korea, to rein in its nuclear weapons program as well as make changes to its trade practices to make them more favorable to the U.S.
According to officials who spoke on the condition of anonymity, the Trump Administration’s national security strategy should not be seen as an attempt to contain China but rather it offers a clear-eyed look at the challenges posed by China.
As per an officials, the U.S strategy, which is still being drafted, could reverse former U.S. President Barack Obama’s declaration in September 2016 that climate change is a threat to security.
While laying out his foreign policy priorities, Trump is likely to focus on his “America First” policies, including ramping up the U.S. military, re-aligning trade relationships to make them more favorable towards the U.S. and confronting Islamist militants, said officials.