sundance:
President Trump gave an interview to the Wall Street Journal where he changed a prior position on declaring China a “currency manipulator”:
(Via ABC) According to the Wall Street Journal, the president said the decision came in consideration of talks with China over its role in countering North Korean weapons testing. Trump said that any move to attach the designation could hamper China-U.S. relations. He claimed that, in recent months, China’s currency manipulation has halted. (link)
Is this a change in position? Yes.
It is an arbitrary change, or even an unexpected shift? Hell no.
As we have pointed out since the February 2016 GOP debate, the Trump approach toward North Korean hostilities is to leverage China to get control over N-Korea. –Expanded Backstory–
President Trump is realigning U.S. geopolitical relationships based on America-First interests. President Trump is using economic leverage to provide security and global stability. President Trump knows how to stroke the panda fur.
Last night President Trump and Chinese President Xi Jinping held another consultation call.
Had a very good call last night with the President of China concerning the menace of North Korea.
— Donald J. Trump (@realDonaldTrump) April 12, 2017
Earlier today China abstained from vetoing a U.N. security council resolution against the use of chemical weapons in Syria. Russia was forced to stand alone in alliance with Bashir Assad. Russia is now isolated. To emphasize that point, President Trump publicly states his support for NATO.
Earlier this week, following the April 6th, 7th Florida meeting between President Xi and President Trump, China refused to allow North Korean coal cargo ships to unload. Today, China signaled they may temporarily ban the export of oil into North Korea. Through these actions North Korea is becoming isolated.
China holds leverage over North Korea as the U.S. holds leverage over Puerto Rico.
As we stated in 2016, and again in January 2017, President Trump is positioning economic leverage with China to promote U.S. security interests.
The non-designation of China as a “currency manipulator” may be a billion benefit to China today, but if China can leverage productive action by North Korea, that same transactional exchange may save the U.S. billions in the use of military and peacekeeping assets, and provide enhanced security to South Korea – another strategic economic interest of the U.S.
This should come as no surprise to those who carefully followed Donald Trump’s public positions on the issues. Bold predictive statements made earlier provide the leverage today for President Trump to find a larger economic and national security win.
In the last 24 hours:
The idea of calling China out for its currency manipulation was rhetoric replaced only after many and varied concessions from China to the USA.
Trump got China to take part in reeling in North Korea.
Trump also got China to quit buying coal from North Korea.
And Trump got China to begin buying coal, and beef, and more, from the USA.
All this and all we “gave up” was a rhetorical flourish!
More, just like this, please!