Washington [US], July 15 (ANI): As tensions between China and US heighten, President Donald Trump on Tuesday said he is not interested in talking to China regarding a Phase Two of the trade deal.
“I’m not interested right now in talking to China,” Trump said in an interview with CBS News. “We made a great trade deal. But as soon as the deal was done, the ink wasn’t even dry and they hit us with the plague.”
Trump and Chinese President Xi Jinping signed the Phase One deal in January. The two sides described the pact as a first-phase agreement, to be followed by new negotiations toward a more expansive deal in a second and possibly third phase.
The world’s two largest economies never set a timeline for the second phase, however, and trade negotiations were quickly overshadowed as countries around the world grappled with the coronavirus pandemic.
The economic fallout from the pandemic also made it increasingly unlikely that China would meet its targets for expanded purchases of US goods under the Phase-One deal, fueling further doubts about prospects for new talks.
The US had a USD 308 billion trade deficit in goods and services with China in 2019, due to the US importing far more goods than it exports. That deficit is little changed since 2016, when Trump took office but is down from a peak imbalance of nearly USD 380 billion that was reached in 2018.
US confronted ‘untrustworthy’ Chinese technology, convinced many countries not to use Huawei: Trump
The United States confronted “untrustworthy” Chinese technology and has convinced many countries not to use Huawei-produced equipment because of its big security risk, President Donald Trump said on Tuesday.
“We confronted untrustworthy Chinese technology and telecom providers. We convinced many countries not to use Huawei because it’s a big security risk. Just today, the UK announced that they are not going to be using it,” Trump said while addressing reporters here.
The United States had designated Chinese telecom companies Huawei and ZTE Corp as national security threats, saying they have close ties with the Chinese Communist Party and China’s military apparatus.
The UK on Tuesday announced its decision to ban British companies from buying Huawei-produced equipment for 5G networks from the end of the year.
Earlier in the day, US Secretary of State Mike Pompeo said that the UK joins democracies such as the Czech Republic, Denmark, Estonia, Latvia, Poland, Romania, and Sweden in banning Huawei from future 5G network.
He said that countries need to be able to trust that 5G equipment and software will not threaten national security, economic security, privacy, intellectual property, or human rights.
US welcomes UK ban on Huawei, says clean carriers like Jio have prohibited Chinese company’s equipment
Welcoming the United Kingdom‘s decision to ban Huawei from future 5G networks, US Secretary of State, Mike Pompeo, on Tuesday said London joins a growing list of countries from around the world that are standing up for their national security by prohibiting the use of “untrusted, high-risk vendors”.
In a statement, Pompeo said that clean carriers like Jio in India and others have also prohibited the use of the Chinese company’s equipment in their networks. He said that countries need to be able to trust that 5G equipment and software will not threaten national security, economic security, privacy, intellectual property, or human rights.
“We welcome news that the United Kingdom plans to ban Huawei from future 5G networks and phase out untrusted Huawei equipment from existing networks. With this decision, the UK joins a growing list of countries from around the world that are standing up for their national security by prohibiting the use of untrusted, high-risk vendors,” Pompeo said in a statement.
“We will continue to work with our British friends on fostering a secure and vibrant 5G ecosystem, which is critical to Transatlantic security and prosperity,” it added.
The momentum in favour of secure 5G is building. The UK joins democracies such as the Czech Republic, Denmark, Estonia, Latvia, Poland, Romania, and Sweden in banning Huawei from future 5G networks, he said.
“Clean carriers like Jio in India, Telstra in Australia, SK and KT in South Korea, NTT in Japan, and others have also prohibited the use of Huawei equipment in their networks,” he added
The UK on Tuesday announced its decision to ban British companies from buying Huawei-produced equipment for 5G networks from the end of the year.
“We have been clear-eyed from the start that Chinese vendors Huawei and ZTE were deemed to be high-risk…The NCSC (National Cyber Security Centre) has now reported to ministers that they have significantly changed their security assessment of Huawei’s presence in the UK’s 5G network…The UK can no longer be confident it will be able to guarantee the security of future Huawei 5G equipment…,” Oliver Dowden, Secretary of State for Digital, Culture, Media and Sport, told the UK Parliament.
This comes in the backdrop of US designating Chinese telecom companies Huawei and ZTE Corp as national security threats, saying they have close ties with the Chinese Communist Party and China’s military apparatus. (ANI)
