日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語(yǔ)Fran?ais
Opinion
Home / Opinion / Editorials

Trump's protectionism puts US economy in danger: China Daily editorial

chinadaily.com.cn | Updated: 2018-07-01 20:45
Share
Share - WeChat
Trump's protectionism puts US economy in danger. [Photo/VCG]

Demonstrating they can stand together when the need arises, Asian countries united on the weekend in opposition to the United States' unilateral trade actions and their "debilitating implications for the multilateral trading system".

At a meeting of the Regional Comprehensive Economic Partnership, co-chaired by Japan and Singapore, trade ministers and officials from 16 countries renewed their commitment to the regional free trade pact and pledged to accelerate negotiations on the outstanding issues in order to reach a basic agreement in time for their meeting in Singapore at the end of the year.

Five years have passed since the idea of the RCEP was first raised in 2012, but negotiations among the 10 members of the Association of Southeast Asian nations, Australia, China, India, Japan, the Republic of Korea and New Zealand, have proved challenging. Divergences over tariffs, trade in services and investment rules, and intellectual property rights protection, as well as concerns about China's influence, have previously proved a drag on reaching an agreement.

However, the actions of the Trump administration have spurred efforts for the countries to bridge their economic and political differences so they can come together for the common good, and it now seems that the RCEP will finally materialize to make the region a flagship for free and fair trade.

And in a separate development on the weekend, the tariff-cut amendment of the Asia-Pacific Trade Agreement became effective Sunday, with China's Ministry of Commerce saying it would facilitate regional economic integration in Asia and provide new economic impetus for the APTA members. According to the adjustment, the six APTA members — Bangladesh, China, India, Laos, the Republic of Korea and Sri Lanka — have cut tariffs by an average of 33 percent on products under 10,312 tariff codes, with some products from less-developed Bangladesh and Laos enjoying special reductions of 86 percent.

These developments show countries in the region are dedicated to upholding free and fair trade, which although it is something US President Donald Trump often claims to be doing, is clearly not the case since his administration's actions belie his words.

Indeed, not only have those actions put the US at odds with countries in Asia, where it has been keen to make itself at home, but they are increasingly alienating the US from the global trading system that it established – and tilted in its favor.

It seems that Trump in seeking the humiliation and weakening of the US' trade competitors, is willing to not only see the US dishonored but also its own economy injured.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 午夜在线观看影院 | 四虎永久免费在线观看 | av毛片在线看 | 毛片1000部免费看 | 日韩精品一区二区在线观看 | 国产日韩第一页 | 天天综合视频 | 97在线视频观看 | 在线中文字幕观看 | 第一页在线观看 | 日本在线一区二区三区 | 亚洲a在线视频 | 网站黄色在线观看 | 黄色特级一级片 | 一二三区在线观看 | 国产日产欧美一区二区 | 玖玖精品视频 | 九九热国产精品视频 | 精品成人一区二区三区 | 五月激情综合网 | 麻豆国产精品777777在线 | 成年人观看视频 | 天堂综合 | 黄色专区 | 日本黄色不卡视频 | 一本一道精品欧美中文字幕 | 国产一二三级 | 日本高清在线观看 | 色综合综合 | 黄色一级免费看 | 少妇av在线播放 | 性网站视频 | 三年中国中文在线观看免费播放 | 在线观看网站黄 | 伊人久久一区二区 | 国产精品九 | av资源首页 | www夜夜操 | 天堂精品视频 | av在线超碰 | 亚洲国产美女 |