China's toughness in the Trump impeachment call is misplaced
Gordon Chang, author of & # 39; The Coming Collapse of China & # 39;, discusses the country's perspective on President Trump.
As Democrats ramp up impeachment talks, they can give the Chinese a false hope that high-level trade negotiations with the United States, which resumes Thursday, will be easier.
"They look very closely at what's happening in the United States, and this inquiry is working, I think, in their negotiating position, which makes them a lot tougher than they normally would be," Gordon Chang, author of the Coming Collapse of China "to Fox News'" Tucker Carlson Tonight. "" They've signaled over the past couple of days that they're just not going to talk about the core issues US dealers demand as we discuss, "Chang added.
However, an underestimation can of the United States and Trump being a miscalculated move, Myron Brilliant, executive vice president and head of international affairs at the US Chamber of Commerce, tells FOX Business.
"With increasing excitement, it would be a huge mistake for China to play the waiting game on trade talks . Concerns about China's trade practices are not a party issue. There is strong bipartisan consensus in our country that China must take concrete and measurable measures to address a range of unfair trade practices. China should double during this critical window to provide constructive deals that will result in a high standard and enforceable agreement, "he said.
Over the past 24 hours, the White House has increased pressure on the Chinese. [1[ads1]9659007] On Tuesday, the US Department of State introduced visa restrictions for Chinese human rights suppression officials in Xinjiang, following a move on Monday when the United States added 28 names to its blacklist, including a government unit, which includes entities that are believed to act in other ways. Contrary to US foreign policy or national security interests, restrict access to US goods.
In addition, White House top adviser Larry Kudlow told FOX Business USA Chinese companies listed on US stock exchanges amid alleged investor complaints. also to limit state pension fund investment in China.
Michael Pillsbury, US Director of Center on Chinese Strategy & # 39; Mornings with Maria. "" There will definitely be some kind of assurance that there will be friction between the US and China. "
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On Tuesday it was announced Chinese Deputy Prime Minister Liu He, who is chairing the delegation, has not been designated as a special envoy, which means he cannot make any decisions and must report to President Xi Jinping, who is meeting all hopes of an agreement to be reached this week.
Meanwhile, the IMF warned the US-Chinese trade war, if it continues, will not produce any winners.
The 15-month US-China trade war could cost an increasingly fragile global economy around $ 700 billion, or 0.8 percent of GDP, by 2020, Kristalina Georgieva, the new head of the International Monetary Fund, said in her first speech on Tuesday.
"It's a bit like you know a sum fight, they're both in the ring," said Center for Strategic and International Studies Scholl, senior adviser Bill Reinsch to FOX Business.
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"We have gone above and beyond to stomp on the earth and stare at each other's faces, but they cannot agree, but they cannot leave. If Trump leaves there is a failure in a signature issue. If they leave, he lets him off the hook. He can blame them for everything, subjecting them to further retaliation that they don't want. So everyone keeps talking. "
