Trump Says China May Be ‘Getting in Our Way’ on North Korea
(Bloomberg) -- U.S. President Donald Trump suggested China is obstructing nuclear talks with North Korea as the world's two biggest economies tussle over trade.
Trump's remark at a political rally Wednesday in Tampa, Florida, was the latest sign of friction between the U.S. and North Korea, as they attempt to implement on Kim's June 12 agreement to “work toward complete denuclearization.” The president made the claim during a long defense of his trade war with China.
“We are doing well in North Korea, although I happen to think that we're doing so well with China that China maybe is getting in our way,” Trump said, noting that Kim has continued to refrain from launching missiles. “No tests. No rockets flying. We'll see what happens.”
Trump didn't provide details on how China was interfering in the nuclear talks.
It wasn't the first time Trump has suggested that China was relaxing pressure on North Korea amid the simmering trade dispute. After his summit with Kim in Singapore, Trump acknowledged that his trade disputes could discourage Chinese President Xi Jinping's cooperation, saying “the border is more open than it was when we first started.”
Besides being the U.S.'s largest trading partner, China is arguably the most important player in Trump's “maximum pressure” campaign to force Kim to give up his nuclear arsenal. After an April 2017 meeting at the president's Mar-a-Lago home, Xi supported successive rounds of United Nations sanctions and clamped down on border trade with North Korea.
China has so far avoided publicly conflating the disputes over trade and North Korea. The government has said only that the UN Security Council -- where China and the U.S. both wield vetoes -- should revisit sanctions after Kim's meeting with Trump.
Since the Singapore summit, independent researchers and U.S. intelligence reports published by news organization have suggested that North Korea is still expanding its weapons program. The regime has continued to assemble intercontinental ballistic missiles at a plant near Pyongyang, the Washington Post reported Monday, citing people familiar with U.S. intelligence.
Trump told the rally that had a good relationship with Kim. “There's nothing like talking,” he said.
To contact the reporter on this story: Toluse Olorunnipa in Tampa, Florida at tolorunnipa@bloomberg.net
To contact the editors responsible for this story: Brendan Scott at bscott66@bloomberg.net, ;Alex Wayne at awayne3@bloomberg.net, Philip Glamann
©2018 Bloomberg L.P.
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.