Trump's China trade deal turns from re-election asset to albatross | The Japan Times

Source: The Japan Times - View Original Article
Published: May 04, 2020
Category:
Bias Rating:

60% Conservative


Bias Score Calculation:


Policies:

Protectionist Trade

Sentiments

95% "Trump said Sunday night, in a televised town hall from the Lincoln Memorial in Washington, that he was tougher on China than past administrations ..."
92% "With six months to go until election day, Real Clear Politics's polling average shows Biden leading Trump by about five points in national surveys.""
91% "Biden also holds narrow leads in battleground states: He's three points ahead of Trump in Wisconsin, five points ahead in Michigan and six points ..."
90% "The big question this fall is whose anti-China message resonates more with voters, especially in battleground states such as Wisconsin.""
89% "Trump will be both emboldened and compelled to take strong action against the Chinese as he realizes American voters, and in particular his political ..."
87% "But the warmth is fading rapidly as the countries feud over who's to blame for a U.S. public-health crisis and an economy in a ..."
86% "While Trump denied reports last week that his administration is planning to cancel part of the U.S.'s debt obligations to China, he said he ..."
84% "But the Trump administration so far has been hesitant to ramp up the pressure or back away from the deal altogether, even as the ..."

We have listed the top 10 sentiments. More sentiments do exist. Please review the full article for more information.



*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization

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Contributing sentiments towards policy:

95% : Trump said Sunday night, in a televised town hall from the Lincoln Memorial in Washington, that he was tougher on China than past administrations and achieved an "incredible" trade deal.
92% : With six months to go until election day, Real Clear Politics's polling average shows Biden leading Trump by about five points in national surveys.
91% : China just had a field day with our country."
91% : Biden also holds narrow leads in battleground states: He's three points ahead of Trump in Wisconsin, five points ahead in Michigan and six points ahead in Pennsylvania.
90% : The big question this fall is whose anti-China message resonates more with voters, especially in battleground states such as Wisconsin.
89% : "A cooperative economic and trade relationship is the propeller of the overall China-U.S. relations," Vice Premier Liu He said at the White House signing ceremony.
89% : "Trump will be both emboldened and compelled to take strong action against the Chinese as he realizes American voters, and in particular his political base, want accountability," said Jason Miller, a senior adviser to Trump's 2016 campaign.
87% : But the warmth is fading rapidly as the countries feud over who's to blame for a U.S. public-health crisis and an economy in a steep decline.
86% : While Trump denied reports last week that his administration is planning to cancel part of the U.S.'s debt obligations to China, he said he had many other ways to punish the country.
84% : But the Trump administration so far has been hesitant to ramp up the pressure or back away from the deal altogether, even as the rhetoric on both sides heats up.
79% : Trump's messaging on China's handling of the virus, which first emerged in the city of Wuhan in December, has recently become more aggressive, though he's been careful to distinguish his displeasure with the country from harsh comments about President Xi. Critics of the deal said its terms, especially the promises on purchases, were unrealistic from the get-go.
79% : "Unlike Biden, Trump can start doing things in real time to be aggressive," he said.
78% : Respond too forcefully amid a growing public outcry to punish China -- with his favorite economic weapon of tariffs or other means -- and he risks hurting consumers and businesses already facing the deepest recession since the 1930s.
77% : A required action plan on changes to China's intellectual property rights regime was published later than expected, and some U.S. officials view it as falling short on specifics.
74% : "The trade war was launched in good economic times, when additional tariffs could be absorbed," said Scott Kennedy, a China expert at the Center for Strategic and International Studies.
73% : "Politically, he is in position to dictate the terms of engagement."
72% : The phase-one pact, which took effect in mid-February, is falling short on a number of fronts, including Beijing's promises of large agriculture and energy purchases.
72% : Over the past two years, Trump imposed duties on roughly $360 billion in Chinese goods, and China retaliated by hitting more than half of America's exports.
71% : Battleground states
70% : The political pressure to do something, however, is mounting within his own party.
69% : "Coronavirus will be the focus for the remainder of the election.
68% : Take action
66% : That's the most since Pew began asking the question in 2003.
63% : The trade agreement U.S. President Donald Trump signed with China less than four months ago has gone from a cornerstone of his re-election bid to a potential political liability as the pandemic sours the relationship between the world's two biggest economies.
63% : As the U.S. economy craters, the death toll from COVID-19 passes 67,000 and some 30 million Americans join the ranks of the unemployed, Trump now finds himself boxed in.
58% : With the Republican caucus calling for China to pay a price, Trump could be convinced to take action before the election.
57% : Seventy-two percent of Republicans say they see China unfavorably, compared with 62 percent of Democrats.
55% : "The timing of the deal could not have been worse from a public health perspective because it was precisely during this period in January and February when what we most needed was a demand for transparency, a demand of cooperation, a demand for answers from the Chinese," said Ned Price, a former National Security Council official in the Obama administration.
53% : The Trump campaign has long said Biden has a track record of being too soft on China.
53% : A recent TV ad by Trump's Super PAC America First Action labeled him "Beijing Biden."
52% : "Reimposing or expanding tariffs right now, in the midst of a global pandemic and U.S. unemployment at over 20 percent, would be far harder to justify economically or defend politically.
52% : The American Exploration and Production Council said last month that China had purchased "a de minimis amount of U.S. crude in the first months of 2020, while it has increased purchases of crude oil from Saudi Arabia and Russia."
51% : Trump's approach
51% : Trump in 2016 narrowly defeated Hillary Clinton in Wisconsin by just under 23,000 votes, and with agriculture being an important part of the state's economy, Democrats are hoping to seize on what they see as his failed trade policies that have exposed farmers to retaliation and resulted in more than $20 billion in subsidies for the sector.
49% : "We think this will resonate across the country."
46% : "China ripped off our country and I've told this to President Xi directly, in a nice manner and in a not-so-nice manner," Trump said in the interview on Fox News. "
46% : On Sunday, he called tariffs the "greatest negotiating tool" but didn't directly answer a question on whether he'd use it now against China for the country's failure to limit the spread of the virus.
45% : "China at the moment has all the leverage," said Jake Sullivan, former Biden national security aide who advises his campaign.
42% : Trump might have an edge because he has the power to act, said Nick Everhart, a Republican strategist in Ohio.
40% : President Obama and Joe Biden didn't do anything.
38% : Whichever route the president takes, continuing to praise what he lauded as "the biggest deal anybody has ever seen" could backfire.
36% : The agreement signed Jan. 15 served as a cease fire in the trade war, and it was supposed to usher in a new era of commercial partnership.
34% : No voter will say he made the right choice to pick a hollow trade deal over the American people's health," Sullivan said.
32% : " Campaign advisers to former Vice President Joe Biden, the presumptive Democratic nominee, are trying to exploit what they see as a glaring weakness in Trump's approach.
30% : A senior official at the Office of the U.S. Trade Representative, on a call with reporters last week, acknowledged that there have been hiccups related to purchases and that the Trump administration has been talking to China to make sure the country stays on track with its commitments.
29% : China committed to spend $52.4 billion buying U.S. energy over two years.
25% : In a recent TV ad, the Biden campaign said "Trump rolled over for the Chinese" because "he took their word for it" when President Xi Jinping told him earlier this year that the virus was contained.
17% : That's only been exacerbated by the slump in demand caused by the virus outbreak.
15% : Two-thirds of Americans have a negative opinion of the country where the virus originated, a recent poll from the Pew Research Center found.
12% : Biden advisers argue that the economic and health catastrophe could have been averted or contained if the president had been tougher on China earlier this year instead of praising the trade deal.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization

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