Updated: September 24, 2019 9:37:13 pm
Slamming China for not adopting international trade reforms, US President Donald Trump Tuesday said the time for tolerating Beijing’s trade abuses is over as it has declined to adopt promised reforms and has instead embraced an economic model dependent on massive market barriers, currency manipulation, product dumping, forced technology transfers and theft of intellectual property.
Addressing the United Nations General Assembly (UNGA) in New York, the US President said, “In 2001 China was admitted to the World Trade Org. Our leaders then argued that this decision would compel China to liberalise its economy and strengthen protections to provide things that were unacceptable to us. And for private property for the rule of law. Decades later this theory has been proven wrong.”
Trump said WTO needs drastic change given China’s actions on trade. “WTO needs drastic change. US lost 60,000 factories after China entered WTO. This is happening to other countries all over the globe. WTO needs drastic change. 2nd largest economy in world shouldn’t be allowed to declare itself a developing country in order to game the system at others’ expense.”
Coming down hard on Iran, Trump said all nations have a duty to act against Tehran and “no responsible government should subsidise Iran’s bloodlust.” He said the US has imposed the highest level of sanctions on Iran and will be further tightened.
His comments come in the backdrop of flaring tensions between Iran and Saudi Arabia. The Saudis say Iran was responsible for an attack earlier this month on two oil facilities in the kingdom, which Iran denies.
“As long as Iran’s menacing behaviour continues sanctions will not be lifted, they will be tightened. For 40 years the world has listened to Iran’s rulers as they lashed out to everyone else for the problems they alone have created,” Trump said.
In his opening statement, Trump said the future belongs to patriots, not globalists. Trump: “The future belongs to sovereign and independent nations who protect their citizens, respect their neighbors and honor the differences that make each country special and unique.”
Delivering a robust defense of his tough immigration policies, Trump said everyone has a right to protect their borders. “We have taken a very unprecedented action to stop the flow of immigration. Anyone crossing the US border will be sent home,” he said.
Trump told the UNGA that the sovereignty and security of all nations is threatened by uncontrolled migration and loose border controls. He warned other world leaders of what he calls a “growing cottage industry” of radical activists that is promoting open borders.
Trump said those who do so threaten human rights under the cover of championing social justice. The Republican president said those policies are not just but rather “cruel and evil.”
Since the time of the 2016 US presidential campaign, Trump had promised to expand the wall on the US-Mexican border and had claimed Mexico will pay for it.
Applauding his diplomatic efforts with North Korean leader Kim Jong Un, Trump said the country should denuclearise as America’s goal is not endless wars. Trump said on Monday that another meeting with Kim Jong Un “could happen soon”.
Trump has met Kim for summits in Singapore and Hanoi, Vietnam, and orchestrated a surprise encounter with him in June at the Demilitarized Zone, where he became the first US president to ever set foot in North Korea.
He provided few details, and it wasn’t clear what officials were doing behind the scenes to set up a meeting to break the diplomatic impasse over the North’s development of nuclear-armed missiles targeting the US mainland.
Trump said he wanted to strike a “magnificent trade deal” with Britain as it prepares to leave the European Union.
“We are working closely with Prime Minister Boris Johnson on a magnificent trade deal,” Trump told the United Nations in New York.
(With inputs from Agencies)
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