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tv   News  RT  May 27, 2018 4:00pm-4:31pm EDT

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the rule american demand on china is not about farm produce it's about high technology americans are concerned about china's made in china twenty twenty five program which seeks to subsidise china's development of ten critical technologies technologies where the best in particular the us way ahead of china today including robotics commercial jetliner manufacture. computer microchips it's a crime. so the american demand is that instead of china subsidizing this made in china i don't even if i program should be buying technology products from the american market now this demand has not been both opposite but this is at the heart of the nickel see the negotiating strategy of the night states they are trying to get china to. to stop
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subsidizing some underwriting this major technology initiative and instead by technology products from the u.s. in order to balance the bilateral trade because if the chinese want to buy major technology products from the u.s. market that would be a much better sure way of cutting down the trade surplus than buying american farm produce which even if they bought all american from produce there would not be able to balance the trade to the satisfaction of the americans well i miss a cellini and i think there could be a legitimate questions about the fairness of of such pressure because if china wants to develop a high tech industry i think it should be able to do so i mean all the countries india including russia including the united states including do you how you know interest is in the reach they see a potential but that my question to you is somewhat different i wonder if you see
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any way of addressing the current balance in trade between china and the united states or between the united states and other countries in the way that would be fair to all and that would not destroy or significantly undermined the trade system that has already been suffering quite a lot in recent years it's a good question free trade is founded on fed trade but free trade is not always fair trade free trade becomes fair trade only if the two parties involved have the our relationship that is matching if there is a mismatch in the pod makes it when two parties the trade relationship. may be free in terms of free trade but it may not be fair trade so fair trade
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really depends on geopolitics it depends on par dynamics and that goes to the heart of this matter that trade is not about trade only create is largely about politics and the politics is not right for one party then we will not see fair trade so in this china. you must relationship the americans still haven't wanted the us they're the most powerful country and they're seeking to use the great leverage to get the chinese to accept their major to months this is the dynamic at play kind of ok well mr giuliani we have to take a short break now but we will be back in just a few moments stay tuned. you
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never know what's around the corner never know what's in the pub even a walk into place that excitement it's that not knowing that's where the adrenaline in much comes from. and you can easily move by definition and extremes the world. of violence is a part and it's almost a schizophrenia. where you can do all these things and behave like bad. people of course colorful all. the more so for the last. punishment in infirmed. war policy and the start. of a broader where by figure out really did
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a poll down down went up. meaning anything is that least if you don't involve these constantly evolving. twenty eight team coverage we've signed one of the greatest goalkeepers of all but there was one more question by the way who's going to be our coach. guys i know you are nervous he's a huge star among us and the huge amount of pressure you have to go meet the center of the pole with you and the great great you are the rock at the back nobody gets past you we need you to get the ball going let's go. alone. and i'm really happy to join the team for the two thousand and ten world cup in russia. this special one was also appreciated me to say the review p.r.t.
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teams the latest edition to make up a bigger. book. welcome back to worlds apart with abramovich lenny professor hall strategic studies at the new daily basis center for policy research mr chill any you wrote once actually more than once that india is a critical swing state perhaps the most critical swing state in the world when it comes to global trade at this point of time do you see its interests aligned more with china regardless of how ten years that relationship is or a bit the trumpet ministration neither to be frank with you because with china india has a very lopsided trade relationship the chinese trade surplus with india has doubled
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in the last three and a half years to sixty billion dollars which means that every month john i was enjoying a five billion trade surplus with india and the importantly this is the content of the trade relationship the chinese are dumping manufactured goods to the united and buying essentially a drama truths from the american. so that tribulation share makes china anything but a partner of india as far as the united states is concerned because of american pressure on india on the information technology industry to give you one example the americans have not been very helpful even though the u.s. and india have a close relationship but the americans have been pressing india on several different fronts they want india to cut down its trade surplus with the u.s. right now in danger as
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a twenty nine billion dollar trade surplus which is which is less than half of what china enjoys was of india by the americans and sustaining that india cut down on that trade surplus they also want to get india to open up its economy to more american products so india is facing multiple pressure and on top of that the americans are trying to pressure india on on russia and on iran through sanctions so india certainly does not look at united states as a partner on trade now it's been presumed up until recently at least that the global economy is not strictly a quid pro quo you know i buy i sell you you know goods for its one dollar you buy the same for me like they are the general wisdom has been that it is more complicated than that then you compensate the trade deficit by having other sort of relationships but it seems that both mr trump and to some extent to you as well
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subscribe to these kind of again as i said quid pro quo type of trade do you think that's the way to go for the future as far as global trade is concerned there has to be some degree of. symmetry in the fridge relationship it's like relationships between individuals if if relationship between any two individuals as unbalanced that relationship will not flourish it won't be sustainable over the long term similarly trade relationship that is unbalanced love cited unhinged is not going to last for ever really last even ten years. there needs to be some degree of balance but mr chill and even in personal family relationship determining that balance is extremely hard it's not only about how much money somebody brings into the household or how many chores a person. carries i guess what i'm trying to ask you is whether you have any
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formula in mind for determining that balance for things that are not easily quantifiable well balanced that's no more involved just numbers the amount of goods traded. not on your just symmetry in that aspect but then says also in terms of how the two sites are benefiting from a trade relationship what is the content of that privilege you ship is a aiding the economic growth of both countries or is it ending more they cannot make interest or one country all these factors together make the term balance balance is not just about the total dollar value of goods created by by by each side with other. now speaking of other countries the united states is set to decide next week on whether it wants to continue with cherif exemptions on
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still an aluminum for the european producers and it looks like the europeans are not particularly holding their breath they will be example much longer do you expect that to change anything in terms of the global trade balance because you know that both the e.u. and the united states more often than not tended to be on the one side when it comes to trade negotiations you mentioned trade blocks before while the developed countries used to be a powerful trade blog do you expect that trade block to you if not to fall apart down the police to be a little bit more fractured than it is right now if the united states indeed withdraws doss. tariff exemptions from the european producers while you are strip policy at the moment as is a mess because from press created confusion on several fronts is critical to sion in terms of its of america's allies for by refusing to permanently exempt the
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european union japan canada from steel and aluminum tariffs he has threatened to impose tariffs on on auto imports and on and on top of all this there was no being threat of of escalation of u.s. china tension so right now there is there's a lot of confusion in terms of us straight policy but what this confusion is doing is making america's allies we think their relationship with united states for example the transatlantic relationship which has been the bedrock of of western security that process landing relationship nom is being openly debated and question in europe both mr chinese as you may imagine really in moscow not big fans of that . transatlantic secure. relationship we tend to think that it sometimes undermines security rather than strengthens it but putting that aside this state of disarray
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do you think it presents any opportunities for countries to form you know cross. you know cross camp ties because he you mentioned before and up until recently the trade negotiations were stalled primarily because of the trade blocs now there seems to be an opportunity to put that bloc differences aside form something new do you think there is any chance of former u.s. allies or current curious allies and perhaps for more current adversity going together and trying to influence trade policies in the way they find feed for themselves want to model is going to do this is going to it's going to make countries. alliances that pretty alliances are likely to. form new relationships. they're likely to
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reduce their dependence on certain countries for example and build a great relationships with some other countries so we're going to see some flux as a result of what we are witnessing today and this turmoil is going to lead to a very different kind of a trade matter in the years to come we have seen a point of ration of free trade agreements by that fully and regionally and i think we're going to see more of these f.t.'s emerging as countries seek to shift their trade priorities and their print relationships in a manner to create some stability in their frame policies and that freed relationships now you mentioned before this threat of second there is sanctions stemming from the trade with iran i know that india has
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a trading good trading relationship with that country so do the europeans but so far what i'm hearing both from the indian experts and the european x.-press is is an idea that they need to go to washington and negotiate some individual exemptions for themselves i wonder if that is every really in a fact of strategy i.v. being slow in forming those relationships new relationships that the mansion because from my point of view it perhaps with bayh it makes better sense to form a united states front and negotiate with the united states as united staes on secondary sanctions rather than asking humbly for some individual exemptions begging for individual waivers. is probably the worst option that any country can pursue because that will lead to even greater american pressure on that country to be subsumed into the night states because anywhere that is granted to
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a country where the bill comes with conditions that further constrict that country's options the fact is that whether it's iran or the new act the new american law directed at russia which is called country america is administering sanctions act these laws and these sanctions are seeking to apply american sanctions extraterritorial only extra to rule sanctions are unlawful international law they violate international law they violate the human charter they also flout the rules of the global critic regime and to give respectability to these dictatorial sanctions will amount to giving a blank check to washington to set international rules for trade as well as to set international rules for interested relations countries have to speak up
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because in the past between twenty twelve and twenty sixteen when the u.s. was applying sanctions against iran on the oil front most countries went along because because the issue then was about restraining iran's nuclear weapons ambitions but now that the americans have been drawn from that nuclear deal even as iran was in full compliance with that deal today the americans do not have this kind of. latitude to be able to enforce extra to rules sanctions across the world elaborate harder time well mr china i totally agree with the i just hope that they could all not only speak out but also act together but anyway we have to leave it there i really appreciate your time and your perspective and i hope our viewers can keep this conversation going on our social media pages as for me to hope to see her again same place same time here on worlds apart.
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if we continue to discuss only about some are matters of the master. come back six spots i know we don't we are nothing to give to the next generation our reason for the rich to be proud to be european these is the reason all of us kept. fifty years ago britain and within two cons are gone as
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a sleeping pill the dust this is what i mean because like to just said this is the side effects were terrible but not on known as shawn induction for board one more day here not the war. will come up across europe victims are starting legal battles demanding at least some compensation in something in two ways first will the physical damage itself but as well that the constant mind that the people who actually perpetrated this crime has never been born the justice and there has been a cup of. hot. coffee. pot to look out the hell. else when the girl was not known.
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at the stores that shake that we want to feel that lets invited. north korea to witness what is said to be the demolition of its only nuclear test site. in the cold war. and now everything is being tucked into a massive cloud of dust another day another diplomatic u. turn from donald trump as he hints that the historic summit with north korea may be back on despite pulling out days early. friday. this week the same petersburg international economic forum saw global business leaders and the political elite gather in russia's northern capital for take
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a closer look at what was one of the most anticipated meetings between the french and russian leaders. follow their welcome the latest developments and a look back at what's been happening over the last seven days to you watching the weekly here on r.t. international. now north korea has taken a highly symbolic step as pyongyang appeared to destroy its only no nuclear test site in front of the world's cameras on thursday r.t. correspondent was among a select group of journalists invited. we're in the beijing international airport and as you can see behind me we're being greeted like celebrities here those who go to north korea and now we will be proceeding to check in to our flight.
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so you walk out of any airports what's the first thing you expect to see it's a bustling crowd of people pushing and shoving it's a taxi drivers offering their often overpriced services well check this out nothing of the sort here it's just an empty parking lot and three buses that will take us to the city. this is where i will be spending the next eleven hours or so on my very own oriental express i guess so check out the room the first thing to notice about it is the windows the blinds are shot there is some sort of a seal and we're not allowed to even peek from them never mind film anything is an air conditioner some beverages but really not much left to do but to go to bed.
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everybody so we just woke up put six in the morning but check this out i just want to show you something really quickly they've opened the window the blinds are up so it would probably mean we're really really close. so we finally arrived this is the dog station we're being told a cylinder now we're up for a bus ride these are the buses that will take us through the next leg of our journey. behind me is northern tunnel number two that's where five nuclear tests five most recent nuclear tests have been conducted people here are reassuring are saying that there have been no radiation leaks that the environment is good but many journalists they think that well it's better safe than sorry as you can see some
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are wearing respirator mosques and some crews have taken. meters with them to this trip which were confiscated at the customs we were also handed out these yellow safety helmets. over and over now everything is being turned into a massive cloud. those barracks were used for living for the soldiers to al to locate soldiers and workers there well now north korea is showing that it is destroying the infrastructure to. surround this trip we have been made very clear that what we've been treated to on
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this trip was a privilege not to many people here in north korea get to experience it done of reporting from north korea to see. well on the same day pyongyang raise its nuclear facility to the ground there the u.s. president can sort in the story meeting with kim jong un shed june fifth june however not for the first time with donald trump that changed within a matter of hours because on saturday he then said that the get together might still happen. but we're doing very well in terms of the summit with north korea so we're looking at june twelfth in singapore that hasn't changed. it to terminate the planned summit in singapore in june twelfth. everybody. knows you know that better than anybody world continues to come to terms with donald trump's unpredictability and just
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a day after he announced of the historic summit in which he would meet with kim jong un in singapore was called off well now he seems to be hinting that it may be back on the table so what changed his mind once again what appears to have been a statement made by north korea and which they said they were still open to meeting and sitting down with the united states at any time now seems particularly sensitive to these statements from north korea his previous decision to cancel the summit was also based on a statement from north korea this is donald trump sadly based on the tremendous anger and open hostility displayed in your most recent statement i feel it is inappropriate at this time to have this long planned meeting north korea has actually released three american prisoners and they've actually gone as far as to blow up their only nuclear test site however it seems that for donald trump words speak louder than actions some people are looking on this and saying that maybe something deeper is going on beneath the surface here perhaps this is what you
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might call a psychological tactic of attrition donald trump did after all right the art of the deal and it seems like he might be playing hardball in the lead up to a potential meeting or no potential meeting with north korea people wonder what the ultimate outcome will be but it seems like only donald trump really knows what's going to happen next who know what he thought so i'd suspect least of all don't want what he thought i mean this is somebody who jumps into the main thing first of all quick of an affair it's up a drawing there is no. policy behind this is somebody who is into making headlines and appease them the base what we're seeing is a huge naivety in the current american administration when it comes to foreign policy making well fueling hopes that the summit will take place after all on saturday the leaders of north and south korea held a surprise meeting at the border i mean jane told his northern counterpart that trump is committed to ending hostile relations but later revealed too that kim does
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find it hard to trust trump's words the leaders of the two koreas agreed to hold more talks on friday. now the world's business and political elite gathered this week in russia's northern capital simply to spur the international economic forum brought together more than fifteen thousand business titans investors and also politicians and on friday a panel of world leaders from russia japan china and france discuss the key economic and political challenges facing the world today. and we're going to do it sure that we have to do everything possible to save the deal the u.s. president hasn't closed the doors a negotiation he says he's dissatisfied with a number of issues in the deal but he doesn't exclude talks with iran it's a two way road the door must remain open i think not all is lost if there are be honest i couldn't change terms decision on iran but at least i tried explaining this agreement was signed using international efforts i think that president trump
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has refused to sign a two thousand and fifteen agreement because it was initially signed by his predecessor who is as he thinks but by definition. i'm not trying to hope for peace and stability on the korean peninsula under no circumstances should we allow water break out in the region that's why we should promote the process of demilitarization to. ask for the summit between north korea and the u.s. i think we have to do everything to make this summit happen so that many issues can be resolved. but you have any voice in the world in terms of how to deal with president trump because you were somebody who was. so shit with the election of president term. a provocator i've got nothing to do with trump's election campaign and you are not a natural. i believe in french foreign policy that's based on independence there are things that tie is really closely to the u.s.
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like foreign security. emanuel said that europe and the u.s. have mutual obligations europe depends on the u.s. in the realm of security which you don't have to worry about that will help. will provide security is. the most anticipated meeting was between emanuel macron i'm glad he made putin it was the french leaders first visit to russia as president. was there is the day unfolded. this year in front of the cameras is going to happen right here. for now if you were diplomatic. none of that tapping on the shoulder but a few smiles were visible out there. now that the presidents are busy talking inside that palace it's all about what they'll choose to say to the journalists in a few hours.

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