The U.S. President Donald Trump is seeking to punish China with allegations of covering the information that causes the Covid-19 to break the globe. However, to do this without hurting the U.S. economy or negatively affecting the prospect of re-election his second term is extremely difficult.
While tougher measures such as sanctions and tax increases are being discussed, American officials also consider both options such as increased pressure on the Chinese 5G companies or political actions aimed at Beijing.
Trump had had to confront the fact that trade with China, which he frequently praised was poorly functioning. Many weeks after the implementation of a phase agreement, China has not yet acquired American goods at a speed as promised, sparking the skepticism whether the 18-month-trading war that Trump had really worthwhile was worth it.
Not least Americans, especially farmers in strategic states that were heavily influenced by trade warfare, had hoped that 200 billion in exports from the US to China as a deal would help them significantly increase profits. But to date, the new China only bought less than half the goods committed under the agreement, weakening the core declaration in Trump’s re-election campaign that he forced China to participate in a better deal with the U.S. right in its first term.
However, according to Chad Bown, senior specialist at the Peterson Institute for International Economics, if China continues to fail to comply with the commitments in the agreement, this will help Trump simplify the Beijing attack strategy he is pursuing, increasing many times the criticism aimed at China.
“The Covid-19 shock creates a political space that helps the government give the message that even if they want to keep the deal, China cannot guarantee its execution. From there, they have a reason to advocate for questions why the deal does not promote the effect “, Bown commented.
Trump has repeatedly criticized China for not being able to act sooner to prevent nCoV from spreading and alerting the world. In Washington, everyone agrees that it is necessary to do something for China, but all of them stop here.
While President Trump attempted to blame China for deliberately concealing the severity of the virus that caused the outbreak of disease globally, U.S. Congressman, from both the Democratic and Republican Party, said that they believed Washington should seriously think back into relation to Beijing.
But the presidential election is about to go along with internal disagreements about how strong China punishments seem to be overshadowed the prospect of achieving a bipartisan agreement.
In recent weeks, Lawhouses began to discuss measures to move the supply chain of essential medical items and pharmaceuticals back to the United States.
China is in fact the center of global supply chain. To circumvent this system may take many years and potentially risk causing short-term economic lesions while countries seek their own outgoing paths.
Meanwhile, the American legislature is through some sanctions. On 20/5, the Senate ratified a law that prevented Chinese companies from dealing on American stock exchanges.
Early in the month, Republican Senator Lindsey Graham proposed the Chinese Sanctions Act if Beijing could not prove the nCoV’s apparent origins. This law will give US president 60 days to confirm that China complies with the requirements for information about the epidemic and other requirements from the U.S.
The Republican Senator Ted Cruz proposed the bill to punish Chinese officials. The Democratic congressman gave or they willingly advocated the proposed Beijing sanctions for “fool” America and the world of seriousness of Covid-19 last month 12 years.
But aside from that, Democrats were also wary of not advocating the Overzeal Chinese attack campaign before the presidential election. The blow to China at present time can give Trump a perfect “spirit goat”, which helps him escape criticism that the White House did not act fast enough and was fiercely when new epidemic outbreak in America.
The Trump administration is also reviewing measures that can send powerful messages to China butG influencing U.S. economy, including sanctions relating to national security and strengthening the pressure on the network providers of 5G China.
U.S. day 21/5 began blocking the semiconductor shipments from global chip manufacturers offering Huawei, a dynamic can escalate tensions with China.
Dissatisfaction with China is increasing, even in Trump’s advisers who often improve economic relations between Washington and Beijing. But some of his top trade advisors, including Secretary of Finance Steven Mnuchin and U.S. Trade Representative Robert Lighthizer, both proved cautious because of the fear of damaging the trading agreements that they were very new attempts to achieve.
On the other hand, the Republican Party is now very sensitive when Trump acts too tough or tempting against China at a time when they need China to keep a commitment to procurement of U.S. agricultural products as in the trade agreement phase one.
The senators believed that Chinese punishment at the time of America depends on Beijing on essential items such as drugs or protective equipment as well as exported goods that would be a serious mistake.
“Especially in the agriculture industry, we still need the Chinese market”, Republican Senator Roy Blunt identified.
Senator John Thune Cho or the Republican is seriously looking to let the key companies of America move the factory to water but this cannot be a reality immediately.
“We will discuss very thoroughly on this issue but I do not know where the negotiations will go,” Thune said.
Vu Hoang (According to Cnn)