We are fighting trade war with China, says Steve Bannon

Trump Xi

Trump Xi

President Donald Trump's close aide Steve Bannon has advocated a tougher stance toward China asserting that the United States is at economic war with it, prompting Beijing to warn that "there is no victor in a trade war". Many within the Trump Administration differ with him.

In an interview with The American Prospect posted online, Mr Bannon told the liberal publication that the U.S. is losing the economic race against China.

"The economic war with China is everything", Mr Bannon said.

"It's about the final choices on do we go forward with these very hard sanctions on the Chinese or do we look to make a tradeoff on a security issue, and Bannon would have been in the first camp", Scissors said.

The United States on Friday formally launched an investigation into China's alleged theft of US intellectual property, a widely expected move following a call from President Donald Trump earlier this week to determine whether a probe was needed.

Asked about Bannon's comments, Hua said at a regular new briefing, "There is no victor in a trade war". "We hope that the relevant persons can stop perceive an issue of the 21 century with the zero-sum mentality of the 19th or 20th century".

In his interview over phone, Bannon argued that there was no military solution to North Korean provocative behaviour. "On Korea, they are just tapping us along".

President Donald Trump's chief strategist Steve Bannon says there's no military solution to the threat posed by North Korea and its nuclear ambitions, despite the president's recent pledge to answer further aggression with "fire and fury". He recommended pursuing a trade investigation of Beijing's technology policies and anti-dumping action over Chinese exports of steel and aluminum. Administration officials have said that China's theft of USA intellectual property could amount to as much as $600 million. "For too long, this wealth has been drained from our country while Washington has done nothing", Trump said. At the same time he acknowledged that he is getting opposition from various section.

"Without Steve constantly pushing back on every policy idea coming from the so called "globalists", it's easy to see how they could have a chance to start winning more policy battles", the official said. "We gotta do this". Don't get me wrong.

Notícias recomendadas

  • Le monde entier dit sa solidarité — Attentat de Barcelone

    En Espagne , le palais du roi Felipe VI a condamné l'attentat en déclarant: " Ils [les terroristes] ne nous terroriseront pas. Le pape François a quant à lui fait part de sa "grande préoccupation", assurant qu'il "priait pour les victimes".
    Africa's Richest Man Will Fire Wenger If He Buys Arsenal

    Africa's Richest Man Will Fire Wenger If He Buys Arsenal

    Fan protests against his rule rumbled on throughout last season but the Frenchman agreed a two-year contract extension in May. But he stated clearly that long serving coach, Arsene Wenger is out of the planned swoop, which may be sometime in 2019.
    Bonnie Tyler's hit is soundtrack of historic solar eclipse

    Bonnie Tyler's hit is soundtrack of historic solar eclipse

    Tyler will sing the 1983 hit as the moon sails across the sun as the cruise ship settles into the historical eclipse's path of totality .
  • L'appel désespéré du grand-père de Julian, 7 ans, disparu à Barcelone

    L'appel désespéré du grand-père de Julian, 7 ans, disparu à Barcelone

    Un garçon australien de 7 ans qui se trouvait à Barcelone avec sa mère manque à l'appel depuis l'attentat terroriste survenu hier. Or, dans une publication devenue tristement virale sur les réseaux sociaux, le grand-père du petit a rapporté sa disparition.
    Appeal for Ronaldo's Five-match Ban Fails

    Appeal for Ronaldo's Five-match Ban Fails

    Speaking at his pre-match press conference, Zidane said he hoped Ronaldo was not being judged unduly by the game's authorities. The Real coach also warned against complacency in today's match. "I'm telling you how I feel after watching the match again".

    JPMorgan Chase CEO slams Trump over Charlottesville

    Presidential advisory councils are largely ceremonial, meant to give the business community a line in with the White House. Equity firm, Goldman Sachs, was appointed a member of Mr.
  • Driver of van may have died in second attack

    Driver of van may have died in second attack

    He has claimed his brother stole his ID and reportedly handed himself in to police in Ripoll after he saw his photo in the media. A man is found dead in the vehicle but the interior ministry denies earlier reports he was killed by police gunfire.
    Coutinho: Liverpool reject third Barcelona bid

    Coutinho: Liverpool reject third Barcelona bid

    Coutinho spent his formative years in Brazil with Vasco and then became an Inter player at the age of 16, before switching to Liverpool as a 20-year-old.
    Cardinals move Wainwright back to DL

    Cardinals move Wainwright back to DL

    He allowed five runs (earned) on seven hits in three innings Thursday in the Cardinals' 11-7 win over Pittsburgh . He's been pitching in relief since the All-Star break and has a 1.89 ERA in 10 appearances over 19 innings.
  • Découvrez les toutes premières minutes de la saison — The Voice Kids

    Découvrez les toutes premières minutes de la saison — The Voice Kids

    Il faut donc s'attendre à une belle bataille entre eux pour tenter d'emmener un de leurs nouveaux poulains jusqu'à la victoire. The Voice Kids est de retour en prime time sur TF1 à partir du samedi 19 août.
    Former Syracuse basketball player Andrew White signs with Boston Celtics

    Former Syracuse basketball player Andrew White signs with Boston Celtics

    The event will be witnessed by Cavaliers superstars LeBron James and Kyrie Irving , if he's still with the team. The Boston Celtics have announced the date of Paul Pierce's number retirement ceremony.
    ON Semiconductor Corporation (ON) PT Raised to $17.00 at Morgan Stanley

    ON Semiconductor Corporation (ON) PT Raised to $17.00 at Morgan Stanley

    The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . Lockheed Martin Investment Management Co. increased its stake in ON Semiconductor Corporation by 22.6% in the first quarter.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.