The Wall Street Journal comments: "In the past few months, multiple illegal North Korean ballistic-missile and ICBM tests—coupled with the most recent bellicose language from Pyongyang about striking the U.S., Guam, our allies and our interests in the Asia-Pacific region—have escalated tensions between North Korea and America to levels not experienced since the Korean War. In response, the Trump administration, with the support of the international community, is applying diplomatic and economic pressure on North Korea to achieve the complete, verifiable and irreversible denuclearization of the Korean Peninsula and a dismantling of the regime's ballistic-missile programs. We are replacing the failed policy of 'strategic patience,' which expedited the North Korean threat, with a new policy of strategic accountability. The object of our peaceful pressure campaign is the denuclearization of the Korean Peninsula... Our diplomatic approach is shared by many nations supporting our goals, including China, which has dominant economic leverage over Pyongyang. China is North Korea's neighbor, sole treaty ally and main commercial partner. Chinese entities are, in one way or another, involved with roughly 90% of North Korean trade. This affords China an unparalleled opportunity to assert its influence with the regime."
Bloomberg reports: "President Donald Trump may be finding out that taking on China over trade is harder than it looks. The White House is stepping up pressure over perceived intellectual-property abuses, and the administration has in recent days proposed fresh duties on imports of China's aluminum foil products. But gaining real leverage is proving elusive, as deep trade links mean that bold sanctions risk backfiring and targeted ones may end up yielding little. The bid to use trade probes as a weapon may turn out to be less effective than using the tools of the World Trade Organization. Landing a blow against China would also be more complicated if the U.S. chooses to target sectors where the countries are connected along global supply chains, which make up a most of their bilateral trade. On Saturday, administration officials said Trump will direct U.S. Trade Representative Robert Lighthizer on Monday to consider investigating China's IP policies, especially the practice of forcing U.S. companies operating in China to transfer technological know-how. If China is found to be flouting rules, the administration's options include imposing import tariffs, officials said. If USTR moves forward, the investigation could take as long as a year."
The Washington Post comments: "All eyes are on President Trump in the showdown with North Korea, but this is very much China's moment. How Beijing handles the brinkmanship of Kim Jong Un is the most important test the Chinese have yet faced in their decades-long effort to take a place in the first rank of world powers... If it is to achieve its goal of becoming a dominant force in the Asian Pacific, other powerful nations in the region must feel a degree of confidence that Beijing can make sound decisions and carry them out wisely. North Korea's existence is the oldest foreign policy decision of the Chinese Communist government. The Red Army's intervention in the Korean War in 1950, which drove back the American-led U.N. forces and compelled a cease-fire, was the birth of a divided Korean Peninsula. And what is the fruit of that Chinese action after nearly 70 years? A hermit kingdom of wretched poverty, ruled despotically by a thuggish family bent on destabilizing the world. For many decades, China has tolerated this humiliating failure as a way of tweaking the United States at low cost. But now the audience of greatest concern to China — namely, the other leading countries in the region — faces the urgent question of whether they can trust a rising China to share in safeguarding their sphere. If the problem of Kim isn't defused, those nations are sure to seek even deeper alliances with the United States while building their own military capacity. China's regional influence will shrink rather than grow."