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tv   News  RT  May 28, 2018 4:00am-4:31am EDT

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in the global creating regime is going to further undercut its object and it's right out of t.v. while an agricultural imports are not the only thing at stake here i've already heard some suggestions and mainstream american media that in order to fill these two hundred billion dollar trade deficit pledge the chinese may need to swap european goods for american ones they may stop buying airbus and buy buoying in stats as if it was some exclusive tucson if dots were to proceed i suppose the current trade where would look like child's play the rule american demond 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 subsidize china's development of ten critical technologies technologies where the best in particular the u.s.
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head 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 and this demand has not been well office. but this isn't the heart of the nickel see sions the negotiating strategy or the night states they are trying to get china to. to stop 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 were 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
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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'm mr cheney and i think there could be a legitimate questions about the fairness of all 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 how you know interest is in the reach they see a potential but that my question to you is somewhat different i want to if you see 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 undermine the trade system that has already been suffering quite a lot in recent years it's
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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 odd relationship that is matching if there is a mismatch in the mix between two parties the trade relationship. may be free in terms of free trade but it may not be fish trade so fair trade really depends on china politics it depends on pod down and makes and that goes to the heart of this matter that fran is not about friend only create is largely about politics and if the politics is not right for one party then
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they will not see fair trade so in this china. you must relationship the americans still have and wanted to have the most powerful country and they're seeking to use their greater leverage to get the chinese to accept their major to months this is the dynamic at play kindly ok well mr chinee we have to take a short break now but we'll be back in just a few moments stay tuned. for. a plate for many clubs over the gays so i know the game and so i got. the ball isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super money kill you narrowness and spending to get the twenty million and one player. it's an experience like nothing else not to
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because i want to share what i think of what i know about the beautiful game but great so one more chance. and thinks it's going to. you never know what's around the corner never know what's in the pub even to walk into excitement it's that not knowing that's where the adrenaline rush comes from. and you can easily point to future and extreme through all. the violence is a part. of schizophrenia. where you can do all these things and behave like bad.
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important people of course colorful all. more so for the last one. hundred million infirmed. role. in the start. of a broader where. really beautiful down down with. the beast if you don't involves it's constantly evolving and. welcome back to worlds apart with brahma to lenny professor all strategic studies at the new daily basis for policy research mr chalabi 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
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with china. regardless of how ten years that relationship is or a bit the trumpet ministration neither do you frank with you because when china india has a very lopsided trade relationship the chinese trade surplus with india has doubled in the last three and a half years to sixty billion dollars. which means that every month china is enjoying a five billion create surplus with india and more importantly is the content of that trade relationship the chinese are dumping manufactured goods in the in knock it and buying essentially a raw materials from the in market. so that tribulation ship makes china anything but the 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
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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 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 it pleased that the global economy is not strictly a quid pro quo you know i buy i sell you you know good sports one dollar you buy
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the same from me like this 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 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 a pretty 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 sighted 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
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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 formula in mind for determining that balance for things that are not easily quantifiable well balanced that's no one involved just numbers the amount of goods traded. i'm not talking of just symmetry in that aspect balances also in terms of how the two sides are benefiting from a trade relationship what is the content of that relationship is it aiding the economic growth of both countries or is it ending more they can all make interest or one country all these factors together make the term balance
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balance is not just about the 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 still an aluminum for the european producers and it looks like the europeans are not particularly holding the breath that they will be exempt for 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 well you're
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a strict 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 european union japan canada from steel and aluminum tariffs he threatened to impose tariffs on on auto imports and on and on top of all this there was no going threat of of escalation of us trying tensions so right now this is the sort of confusion in terms of us straight policy but what this confusion is doing is making america's allies we think their relationship with the united states for example the transatlantic relationship which has been the bedrock of. western security that process landing relationship nom is being openly debated and question in
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europe well mr cheney is as you may imagine the re in moscow not big fans of that. transatlantic secure. it's a relationship we tend to think that it sometimes undermines security rather than strengthens it but putting that aside this state of disarray 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 block 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
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themselves want to model is going to do this is going to it's going to make countries. alliances that. they're likely to. form new relationships. they're likely to reduce their dependence on certain countries for example and building 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
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their trade priorities and their friend relationships in a manner to create some stability in their frame policies and then that freed relationships now you mentioned before the spread of secondary sanctions stunning from the trade with iran i know that india has trading good trading relationship with that country so do the europeans but so far what i am 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 lead in a fact of strategy are they being slow in forming those relationships new relationships that the mansion because from my point of view it perhaps with make better sense to form a united front and negotiate with the united states united states on secondary sanctions rather than asking humbly for some individual exemptions begging for
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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 united states because anywhere that is granted to 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 follow the rules of the global critic regime and to give
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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 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. like if you would be able to in full extra turtle sanctions across the world elaborate harder time well mr china i totally agree with the i
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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 i hope the series get on the same place same time here on worlds apart. these we continue to discuss only about some amateurs of the maastricht. but the six pockets and we don't we are nothing to give to the next generation and these
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from the rich to be proud to be utopian these is the reason all of us kept. local blogs selling you on the idea that dropping bombs brings peanuts to the chicken hawks forcing you to fight the battles that still. produce talk to try to tell you that what we gossip to the public but most important news today. off the bad guys and tell me you are not cool enough to buy their product. all the hawks that we along the border with one. so what we've got to do is identify the threats that we have it's crazy to. let it be an arms race off and spearing dramatic development the only move really i'm going to resist i don't see how that strategy will be successful ready. to sit
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down and talk. stories that. correspondent is among a small pool of foreign journalists invited to north korea the. only known nuclear site. and now everything is being. set. up the day another diplomatic. trump. summit with north korea's kim jong il may be back on the day after pulling out. everybody. in. the st petersburg international economic forum sees global business leaders and the political elites
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gather in russia's northern capital to take a closer look at what was on them one of the most anticipated meetings between the french and russian leaders. joining us here on r.t. international on the weekly roundup of this week's news headlines and. thanks for joining us this hour. north korea has taken a highly symbolic step on thursday pyongyang appeared to destroy its only known nuclear test site in front of the world's cameras. was among a select group of journalists invited to the. international airport as you can see behind me we're being greeted like celebrities here. north korea we will be proceeding to check in 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 the 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 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 you can peek from them never mind filming the thing is an air conditioner some beverages but really not much left to do but to go to
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bed. everybody so we're just woke up puts six in the morning but check this out and this one through something really quickly they've opened the window the blinds are out so it probably means we're really really close. so we finally arrive 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 the east northern tunnel number two that's where the fight for the 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
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many journalists may think that well it's better safe than sorry as you can see some are wearing respirator mosques and some crews have taken. me to sit with them to this trip which were billed confiscated at the cost. rules handed out leaves yellow safety helmets. and. every. day. those were used for living for the soldiers to help to locate soldiers and their well now your screens show you that it is destroying the infrastructure to.
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ground this trip we have to be made very clear that what we've been treated to on this trip was a privilege not to many people here knew for career get to experience it because done of reporting from north korea for the. u.s. delegation has met with officials from pyongyang at the demilitarized zone separating the two countries the state department says it's part of preparations for the potential summit between donald trump and king john lee the planning phase has suffered its fair share of different ticked up some downs this week the u.s. president canceled talks on thursday that was just hours after pyongyang closed those nuclear facilities however not the first time of course with trump his position changed very rapidly because on friday he said that they 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.
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it to terminate the planned summit in singapore in june twelfth. everybody plays it you know. you know that better than anybody world continues to come to terms with donald trump's unpredictability and just 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 in 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
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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 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 a 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 we know 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 appeasing the base what we're seeing is the huge naivety in the current
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american administration when it comes to foreign policy making 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 moves i am told is the northern counterpart that trump is committed to ending hostile relations but later did reveal that kim finds it hard to trust the words leaders of the two koreas agreed to hold other talks on friday. you know. now the world's business and political elite gathered this week in russia's northern capital st petersburg international economic forum brought together more than fifteen thousand business ties in as investors and politicians on friday a panel of world leaders from russia japan china and france discussed the key economic and political challenges facing today's world. and we're going to do it here 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
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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. i couldn't change the terms decision on iran but at least i tried i explain that this agreement was signed using international efforts i think that president trump has refused to sign a two thousand and fifteen agreement because he was initially signed by his predecessor who is as he thinks but by definition. shall not china hopes for peace and stability on the korean peninsula under no circumstances should we allow water breakout in the region that's why we should promote the process of demilitarization to. i asked 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 do you have any advice of the world in terms of how to deal with president trump because you were somebody who was. associated with the
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election of president term. a provocator i've got nothing to do with translation 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. like foreign security because 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 of course between a lot of. it was the french leaders first visit to russia as president their patrol was there as the day and events unfolded. this year in front of the cameras is going to happen right here. for now if you were a diplomatic rock brawl schmall new.

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