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Media Report
August 29 , 2017
  • The Atlantic comments: "On Monday, alarm bells sounded in Japan when a North Korean missile overflew its northern provinces...However, there is another, even more likely way that a North Korean nuclear weapon could explode in a U.S. city: Kim could sell one to terrorists. Are the terrorists the United States is fighting today interested in nuclear weapons? Ayman al-Zawahiri, the current leader of al Qaeda, has been seeking nuclear weapons for more than a decade. Moreover, in 2016, an ISIS-related group was discovered actively pursuing nuclear materials at a Belgian nuclear power plant. Does Kim imagine he could get away with selling a nuclear weapon, or the material to make one, to a terrorist group? One would think not—and the United States must do everything possible to make him believe that... In addition to the current effort, Trump needs to send Kim a clear message, with an identical copy delivered to China's president Xi Jinping: If any nuclear bomb of North Korean origin were to explode on American soil or that of an American ally, the United States will respond as though North Korea itself had hit the United States with a nuclear-tipped ICBM."
  • CNBC reports: "U.S. President Donald Trump last month rejected a Chinese proposal to cut steel overcapacity, despite the endorsement of some of his top advisors... Beijing proposed cutting steel overcapacity by 150 million tonnes by 2022 in a deal twice rejected by Trump, who instead urged advisors to find ways to impose tariffs on imports from China, the paper said, citing the sources. The deal was endorsed by U.S. Commerce Secretary Wilbur Ross a week before U.S. and Chinese officials held a high-level economic dialogue, the FT added, citing a U.S. official and another person familiar with the matter. White House spokeswoman Natalie Strom declined to comment on the 'purported internal discussions' between the president and his cabinet members when contacted by Reuters. Last week, American steel industry executives appealed to Trump for immediate import restrictions in a letter seen by Reuters, saying the industry was suffering the consequences of government inaction. Total steel imports through July were up 22 percent from the same period a year ago, the American Iron and Steel Institute said in a report. Pressure over trade between China and the United States seems likely to grow in future and Beijing should prepare, China's hawkish Global Times newspaper said on Tuesday."
  • Bloomberg comments: "As summer reached the high Himalayas this past June, one corner of the mountains turned hotter than expected. On a small plateau called Doklam, close to where the India-China border meets the tiny kingdom of Bhutan, two of the largest armies in the world faced off against each other... Neither government seemed to know how to back down. That's changed -- although exactly how and why remains unclear. Perhaps both sides compromised. Perhaps India pulled out first; perhaps China promised to put its road-building on hold for awhile, if not forever; perhaps some other deal was struck in an unrelated dispute, such as over counter-terrorism or China's Belt and Road infrastructure scheme. We can't know -– and that's fine. What matters is that two large, nuclear-armed countries -- nations with outsized ambitions, hyper-nationalist lobbies and leaders who pride themselves on "strength" -- somehow managed to find a via media that allowed them to wiggle out of a difficult position.This is a welcome sign of maturity. A confrontation that bled into domestic politics was in neither government's interest. That they managed to defuse the standoff -- just days before Prime Minister Narendra Modi was due to visit China for a BRICS Summit -- reflects well on their diplomats."
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