USA in China trade talks again, demands 'change of posture'


Vice President Mike Pence said that the Trump administration does not plan to budge in its trade dispute with China, even if that means a cold war. "We are here to stay".

Mr Pence said: "We seek an Indo-Pacific where every nation is free to follow its own path and pursue its own interests, where the seas and skies are open to all engaged in peaceful activity, and where sovereign nations grow stronger together. We are at $250 billion [in tariffs] now; we can more than double that", the vice president warned.

Mr Pence told the Washington Post: "I think much of that will depend on Argentina, ". "We hope that when the U.S. does this, their intentions are pure and the results are good", she said. "We're looking for a change of posture".

The US-China Economic and Security Review Commission, a bipartisan congressional panel charged with monitoring the security implications of US-China trade, has released a new report accusing China of using its Belt and Road Initiative development strategy as an excuse to establish military bases in other countries, Reuters reports. "They know what our administration's position is".

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Asked what would happen if Beijing fails to agree to act in Asia in a way that can avoid "a new Cold War" with the United States, Pence appeared to accept that such a reality could be inevitable. He first moved to add the additional levies to $50 billion of China's imports this summer, to which Beijing responded in a tit-for-tat manner, placing new taxes on an equal amount of USA products. The United States has consistently sought concessions from China on intellectual property and technology, as well as tariffs on imports of US goods. He has often pointed to alleged currency manipulation, arguing that Beijing's policies hurt the US financially.

The commission also claims that China is using its road, highway, bridge, and port investments not only to "encourage and validate authoritarian actors abroad", but of exporting technology standards which may threaten United States companies' market access. -China trade has cost some 3.4 million American jobs.

Beyond trade, the Trump administration has warned repeatedly about China's alleged efforts to meddle in US and global affairs.

"Then so be it", he said. "His remarks were way off base they were not authorized by anybody", Kudlow said during an interview on CNBC.



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