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ECONOMY > Trade

China’s “economic aggression” prompts Washington’s shift on TPP

  • January 30, 2018
  • , Sankei
  • JMH Summary

Sankei’s Washington-based columnist Komori claimed that President Trump has made a policy shift and is now looking to rejoin and/or renegotiate the TPP in the belief that the regional free trade framework may be effective in deterring China’s “economic aggression.” As evidence of this assertion, the journalist cited recent remarks made to the Wall Street Journal by Treasury Under Secretary for International Affairs David Malpass, who reportedly stated that one of the key factors that have changed the President’s views on the trade pact is that “China’s economic aggression has intensified globally.” The senior official also stated that one factor prompting the administration to look into joining some form of TPP again was “greater understanding of the economic aggression from China.” The columnist quoted President Trump as saying in a speech in Davos “that the U.S. will no longer turn a blind eye to unfair economic practices, including massive intellectual property theft, industrial subsidies, and pervasive state-led economic planning,” conjecturing that the President had China in mind.  

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