[ISSUE TALK] U.S. gives South Korea relief from steel quotes, but prolong dispute with China

  • 6 years ago
미국 철강관세 면제받은 한국... 향후 전망은? - 신상협 교수 대담

We have joining us now Professor Shin Sang-hyup from Kyunghee University. It's good to have you back on the show.

My pleasure.

1 - It has been announced today that Trump signed a proclamation that allows South Korea and some other countries relief from steel and aluminium quotas. What does this mean for South Korean steel makers?

2 - Why have South Korea and these other countries been given this relief and other exemptions?

3 - Last week officials from the U.S. and China met in Washington to discuss the trade dispute they are embroiled in. But, as both sides had forecast, little came out from it. If neither side thought the talks would be much good, why did they bother meeting?

4 - Trump has said that it's not the right time to talk with China right now, even though they want to talk. What does he mean by this? Is it some sort of negotiation tactic? Why not now?

5 - The U.S. at the moment is still going ahead with the 25% tariffs on 200 billion dollars worth of Chinese imports, and they are expected to come in some time in September. Some have been calling it the 'fall offensive'. How damaging are these proposed tariffs?

6 - China has announced its own retaliatory measures, 25 percent on 16 billion dollars worth of U.S. goods. How much impact will these have? Which side is losing out more?

7 - Trump continues to say negotiations with North Korea are not going well because of China. He says China is doing that in retaliation for the trade dispute. Do you think China really is interfering in the North Korea situation more because of the trade dispute? Will China hold the North Korea situation hostage in negotiations over trade?

8 - Chinese President Xi Jinping is reportedly going to Pyongyang for the 70th anniversary of the North Korean regime's foundation, on September 9th. If Beijing really is influencing Pyongyang, then a visit by Xi Jinping could be worse news for Trump then?

9 - The Trump administration seems to be putting less priority on China right now, and just the other day Trump announced that a new trade deal with Mexico is being readied to replace NAFTA and that even Canada has been invited. How significant is this new deal?

9a - What effect will it have on the trade disputes with China? Does it offer hope that a different deal could be made in the future?

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