Trump plans “big deals” to compensate for the Belt and Roads Initiative in China: the United States wants the dominance of China. “
In an attempt to confront the Belt and Road Initiative in China, the President Donald Trump He plans to strike “big deals”, according to Marco RubioThe US Secretary of State.
What happened: Rubio announced that Washington is seeking “opposite” projects that enhance the effect of Beijing, I mentioned Post morning South China.
Earlier this month, President Trump and the Indian Prime Minister Narendra Modi He agreed to cooperate in the India Economic Corridor in India and EUROUS, a project designed to enhance transport communications between India, the Middle East and Europe. “I think there are more great deals in the shadow of President Trump,” Foreign Minister said, in a conversation with Breitbart News.
The Belt and Roads Initiative in China, an intercontinental infrastructure scheme, has raised concerns in Washington about the increasing influence of Beijing. Rubio has warned that the initiative may “threaten” American interests and lead to China’s dominance of its commercial partners. However, I reassured that Trump was taking the “opposite” steps.
Rubio also highlighted that countries in the Indian Pacific Ocean, such as Japan, South Korea, the Philippines, Australia and India, are eager to remain “actively” participation and participation “.
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Why do it matter: This development comes amid a background to increase commercial tensions. Trump has planned to move forward in the definitions of Canada, Mexico and China, a step that can affect multiple sectors and cause American consumers anxiety. On Thursday, Trump announced that the United States will initially implement a 10 % proposed tariff on all Chinese imports that start on March 4, but will double it, leading to an effective rate of 20 %.
However, the United States is also keen to conclude trade agreements with China Xi Jinping. Rubio also stated that Washington requires a diplomatic relationship with both China and Russia. “These are large and powerful countries with nuclear stocks. They can offer energy worldwide,” Rubio added. Meanwhile, China has started the efforts made towards the start of discussions with the US military, indicating a possible mitigation of recent tensions.
As for the Belt and Road Initiative, the United States believes that more than 150 countries signing cooperation agreements are at risk of debt trap from China. However, Beijing rejected these arguments.
These “big deals” can be considered as a strategic step to face China’s influence and protect its own interests in the region.
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