Chinese Vice-Premier Liu He (right) gestures as US Treasury Secretary Steven Mnuchin (centre) chats with Trade Representative Robert Lighthizer before their meeting at the Diaoyutai State Guesthouse in Beijing on May 1. President Donald Trump has turned up the pressure on China, threatening to hike tariffs on US$200 billion worth of Chinese goods. Photo: AP
Opinion
Opinion
Why US-China talks should focus on technology as the greater threat, instead of trade
- A trade deal is unlikely to achieve US hawks’ objectives and might even make American companies in China more beholden to the Communist Party’s influence
- Balancing market openness on technology with national security threats is the policy challenge of our time
Chinese Vice-Premier Liu He (right) gestures as US Treasury Secretary Steven Mnuchin (centre) chats with Trade Representative Robert Lighthizer before their meeting at the Diaoyutai State Guesthouse in Beijing on May 1. President Donald Trump has turned up the pressure on China, threatening to hike tariffs on US$200 billion worth of Chinese goods. Photo: AP
Opinion
SCMP Columnist
Shades Off
Donald Trump deserves a Chinese state honour – for failing spectacularly to make America great again
- Despite Donald Trump’s tariff war, the US’ trade deficit with China rose to a record high last year, and the yuan has grown more popular as a reserve currency. Meanwhile, Americans are bearing the economic brunt of Trump’s policies