Donald Trump accuses China over unfair trade practices at UNGA

US President Donald Trump criticised China in his dress at United Nations General Assembly (UNGA), on Tuesday, September 24, for its tre practices which he deemed unfair. Trump derided that ory behind mission of China in World Tre Organisation (WTO) has been proven completely wrong. Reportedly, China was mitted to WTO in 2001, when US leers argued that it would implore China to liberalise ir ecomy and strengn tre regulations between two States, Trump explained. He went on to d that two deces later, ir ory has been tested and proven completely wrong.

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Trump accuses China of intellectual property ft

Trump also blamed China for ft of intellectual property and tre secrets on a "grand scale".

“It has embraced an ecomic model, dependent on massive market barriers, heavy state subsidies, currency manipulation, product dumping, forced techlogy transfers and ft of intellectual property and also tres secrets on a grand scale,” he said at UNGA. "As far as America is concerned, those days are over," he ded.

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Loss of jobs and tre deficit

Talking about international tring system, Trump said that it has been easily exploited by nations acting in 'very b faith’. He said  ‘exploitation’ resulted in loss of 4.2 million jobs and $15 trillion in tre deficit over last quarter-century. According to Trump, a small handful grew wealthy at expense of middle class as ir jobs were outsourced. “ United Nations is w taking that decisive action to end this grave ecomic injustice,” he said. 

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'national renewal' program

Trump spoke about his vision for a 'national renewal' program - an "ambitious" campaign to reform international tre. He said US wants a balanced tre that is both fair and reciprocal. “We have worked closely with our partners in Mexico and Cana to replace NAFTA with brand new and hopefully bipartisan US-Mexico-Cana agreement,” said Trump. President Trump confirmed that his ministration is working closely with British Prime Minister Boris Johnson on a ‘magnificent new tre deal’.

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