Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Saturday, September 21, 2019 11:16:05 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

China is a threat to the world, building military rapidly: Trump

By
22nd-Sep-2019       
Comments
Share your thought
Post a comment »
Read all () »

NDTV, Washington :
Expressing concern over China's growing military might, US President Donald Trump has said the Communist nation is a threat to the world and blamed his predecessors for not stopping it from stealing America's intellectual property to bolster its defence capabilities.
China has hiked its military spending by seven per cent to $152 billion as Beijing aims at countering America's push into the disputed South China Sea.
"Obviously China is a threat to the world in a sense because they are building a military faster than anybody and frankly they are using US money," Donald Trump, who was accompanied by visiting Australian Prime Minister Scott Morrison, told reporters in Washington on Friday.
Donald Trump said the US Presidents before him allowed China to take out $500 billion a year and more than that. "They have allowed China to steal our intellectual property and property rights and I'm not doing that," he said.
However, President Trump said the two countries were very close to having a trade deal.
"We work very closely, had intellectual property, all of the tough things work negotiated and then at the last moment, they said we cannot agree to this," he alleged, referring to the abrupt  collapse of the trade deal with China early this year.
"I said that's all right we are charging you 25 per cent tariffs and then it's going up and it will continue to go up. Frankly we are making so many hundreds of the numbers that we are taking in to our treasury...Look at the great reports that came out two days ago on retailing, on consumers, on numbers that nobody believes," he added.
The world's two largest economies are locked in a trade war since Donald Trump in March last year imposed tariff hikes of up to 25 per cent on $250 billion of Chinese goods. In response, China, the world's second largest economy after the US, imposed tit-for-tat tariffs on $110 billion of American goods.
The two countries have resumed their trade negotiations.
Donald Trump has said that he will enter into a trade deal with Beijing only if he is confident that it is good for the US.
"We are taking hundreds of millions potentially over a short period of time, hundreds of billions of dollars worth of money is coming in from China that never came in before so China wants to make a deal, I think we want to make a deal," Donald Trump said.
"We will see what happens, but I view China in many different ways, but right now I am thinking about trade. But you know trade equals military because if we allow China to take USD 500 billion out of the hide of the United States that money goes into military and other things," said the US president.
Donald Trump went on to say that "They're having a bad year. Worst year in 57 years. Their tariffs aren't coming into us. We're taking in billions and billions of dollars of tariffs. They are devaluing their currency, which means the tariffs are not costing us probably anything, but certainly not very much. They're also adding a lot of money into their economy. They're pouring money into their economy, but were taking in many billions of dollars," he said.
"At some point in the not-too-distant future, it'll be over $100 billion. We've never taken in 100 cents from China. It was always the other way around. With that, they lost over 3 million jobs there. Supply chain is crashing, and they have a lot of problems. And want to make a deal. So, we'll see what happens," Donald Trump said.

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Breathing the worst air in Dhaka


THE Air Quality Index (AQI) on Thursday morning showed that Dhaka's air quality was the second-worst in the world. Dhaka had a score of 190 at 8:21am, indicating that the quality was unhealthy. When the AQI value is between 101 and 200, there is an increased likelihood of adverse effects ...

City »

Natun Dhara Bangladesh formed a human chain in front of the Jatiya Press Club on Friday with a call to ban casino business.


.

Entertainment »

Jhumu Khan will return to music any time


Sheikh Arif Bulbon :Jhumu Khan is a professional doctor. Before becoming doctor she started her career in music. In 1994, her first solo album titled Chondrima Raatey was released. A song of that album titled Pan Khaite Chun Lagey got popularity during that time. Composed by Manam Ahmed Hasan Motiur ...

International »

Pompeo favours 'peaceful resolution' to crisis after Saudi oil attack


AFP, Dubai :The US wants a peaceful solution to the crisis sparked by attacks on Saudi oil installations, Secretary of State Mike Pompeo said Thursday, after Iran raised the spectre of "all-out war".Pompeo has blamed Iran for the dramatic weekend assault on two facilities, condemning an "act of war" which ...

Front Page »

2 Rohingyas among 3 'criminals' killed in C'bazar gunfight


UNB, Cox's Bazar :Three suspected criminals, including two Rohingyas, were killed in a reported gunfight with police at Baharchhara in Teknaf upazila early Thursday.The deceased were identified as Mohammad Jamil, 20, son of Fazal Ahmed; and Asmat Ullah, 21, son of Nabi Hossain of Ukhiya's Balukhali camp; and Mohammad Rafique, ...

Sports »

Timea Babos of Hungary, returns a shot to Karolina Muchova of the Czech Republic, during their second round match of the Korea Open tennis championships in Seoul, South Korea on Thursday.


International »

UK, US discuss need for united diplomatic response to Saudi attack


Reuters, London :British Prime Minister Boris Johnson and U.S. President Donald Trump condemned last weekend's attack on Saudi Arabian oil facilities and discussed the need for a united diplomatic response in a telephone call on Wednesday, Mr Johnson's office said."They condemned the attacks and discussed the need for a united ...

International »

US senators urge Trump to end nuclear talks with Saudi Arabia


Reuters, Washington :Two Democratic U.S. senators on Wednesday urged Trump administration officials to halt talks with Saudi Arabia on building nuclear reactors after weekend attacks that halved the country's oil output and increased instability in the Middle East.U.S. Energy Secretary Rick Perry told reporters on Tuesday at a nuclear power ...

Editorial »

Investors losing interest in stock market


THE government's recent measures to prop up the stock market appear to have failed as the unusual fall of share prices continues to rattle investors. The DSEX, the benchmark index of Dhaka Stock Exchange, slumped to a 33-month low to 4,888 points on Wednesday, losing 533.61 points or 9.84 percent ...

Entertainment »

Farhana Mili in role of judge


Entertainment Report :Farhana Mili is a noted actress of the small screen. Basically she won the hearts of so many viewers to work in movie Monpura. After acting in this movie, she only engaged herself with acting only in the small screen. Sometimes Mili is seen to perform as a ...

Cricket »

England cricket chiefs back Ben Stokes in family tragedy story row


England cricket chiefs on Tuesday rallied round star all-rounder Ben Stokes after he criticised a British newspaper report about a family tragedy more than 30 years ago.Tom Harrison, chief executive of the England and Wales Cricket Board (ECB), said he was "disgusted and appalled" by the front-page story in The ...

Editorial »

Needs sustainable solution to Rohingya crisis


THE Ministry of Foreign Affairs on Tuesday informed the Parliamentary Standing Committee on the same ministry that Dhaka is planning to take Myanmar to the International Court of Justice and the International Criminal Court for its repression on the Rohingyas. The Foreign Ministry also informed that Bangladesh would also take ...

International »

Iran's President says Yemenis attacked Saudi oil sites as 'warning'


By Agencies :Iran's President Hassan Rouhani said Wednesday that Yemenis targeted Saudi oil installations as a "warning" about a possible wider war in response to the kingdom's US-backed intervention in their conflict-ravaged country."The Yemenis… haven't hit a hospital, they haven't hit a school, they haven't hit Sanaa bazaar. They just ...

International »

Do not underestimate no-deal Brexit, EU's Barnier warns


Reuters, Strasbourg  :The European Union's chief Brexit negotiator warned on Wednesday not to underestimate the consequences of any no-deal Brexit and said issues raised by Britain's exit from the EU would still need addressing before a future relationship could be agreed."I advise everyone not to underestimate the consequences, clearly for ...

Entertainment »

Kareena’s simplistic look comes with a price tag of Rs75K


Kareena Kapoor Khan aka Poo is always ready to ‘woo’ us with her amazing fashion and style. Time and again the actress has proved her fashion statement by giving major goals to many. Her latest girl next door look is one of the looks which every girl would wish for. ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news