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Media Report
April 13 , 2017
  • The Associated Press：Trump Says China Won't Be Labeled a Currency Manipulator
    The Associated Press reports: "Backing away from a campaign pledge, President Donald Trump said Wednesday that his administration won't label China a currency manipulator in a report due this week, though he does think the U.S. dollar 'is getting too strong.'...In the interview, Trump said, 'I do like a low-interest rate policy, I must be honest with you.' The decision not to label China a currency manipulator represents one of the sharpest reversals of Trump's brief presidency. Trump began to bash China in the 2015 speech that began his campaign, saying Beijing kept its currency artificially low to give its manufacturers an unfair advantage in global trade...As a candidate, Trump pledged to instruct his Treasury secretary to label China a currency manipulator immediately after he took office. But in Wednesday's published interview with the Journal, Trump said he had changed his mind because he now believes that China hasn't been manipulating its currency for months and because labeling Beijing a manipulator might jeopardize his talks with the Chinese on confronting the threat of North Korea."
  • The Wall Street Journal：Trump Says He Offered China Better Trade Terms in Exchange for Help on North Korea
    The Wall Street Journal reports: "President Donald Trump said Wednesday he has offered President Xi Jinping more favorable trade terms for Beijing in exchange for help on confronting the threat of North Korea, raising the prospect of a new pact that does less than Mr. Trump would otherwise like to address the U.S. trade deficit with China. Mr. Trump, in a wide-ranging interview with The Wall Street Journal, said he told Mr. Xi when they met for the first time last week that his administration wouldn't accept a continued large trade deficit with China. He added that he told Mr. Xi: 'But you want to make a great deal? Solve the problem in North Korea.' That's worth having deficits. And that's worth having not as good a trade deal as I would normally be able to make.'...Amid growing U.S. unease about North Korea's nuclear activities, Mr. Trump dispatched an aircraft carrier group toward the Korean Peninsula over the weekend. Mr. Trump said the ships are meant to deter North Korea from taking further actions. Mr. Trump, who has criticized China for not using its influence with Pyongyang more aggressively, said that during an hourlong phone call with Mr. Xi on Tuesday, he told him he should let North Korean leader Kim Jong Un know the U.S. doesn't just have aircraft carriers, but also nuclear submarines."
  • TIME：President Trump and China's Xi Jinping Gave Very Different Reports of Their Phone Call
    TIME comments: "President Donald Trump spoke by phone with Chinese President Xi Jinping April 11 — and their official statements about the conversation couldn't have been more different. The White House provided no information beyond the fact that a phone call had taken place. 'President Donald J. Trump spoke last night President Xi Jinping of China to follow up after President Xi's visit to Mar-a-Lago," it said in a statement. "It was a very productive call.' A readout from the Chinese President, however, obtained and translated by CNN, not only detailed what the two discussed — topics included North Korea and Syria — but also mentioned steps to move the relationship forward. 'We held in-depth exchanges on China-US relations in a new era as well as major international and regional issues, and reached important consensus,' said Xi. 'Mr. President and I have deepened our mutual understanding and established a good working relationship. Next, both sides should utilize the four high-level dialogue mechanisms, namely diplomatic and security, comprehensive economic, law enforcement and cyber security, as well as social and people-to-people dialogues.' "
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