President Donald Trump's policy with China is not simply about economy or trade, it is a question of power, his National Security Advisor John Bolton said Sunday.
Bolton in an interview to Fox News said that China is still trying to figure out what the president is up to.
"I think they're still trying to figure out what the president's up to, although there's no doubt, in some of the tariffs that they have imposed, they have targeted the president's supporters in Congress to see if they can change the majority," Bolton said.
"I think a lot of people don't understand exactly what's at stake here. I think the president will address this. This is not just an economic issue. This is not just talking about tariffs and the terms of trade. This is a question of power, Bolton said.
The intellectual property has a major impact on China's economic capacity, and, therefore, on its military capacity, he argued.
I think the president correctly understands, when China gets economic power by stealing from the US and others, it's time to call a stop to it, said the top national security advisor.
Bolton agreed that China is applying its economic power toward its military complex by creating islands in the South China Sea and then setting military bases there.
They (China) talk in the Middle East about creating facts on the ground in the Israel-Palestinian issue. China's creating the ground in the South China Sea and putting more facts on top of it. It's very dangerous, very aggressive, something that the administration has confronted, he said.
I think all of this goes to what will be the major theme of the 21st century, which is how China and the United States get along, Bolton said.
Trump has been ramping up pressure on China to reduce the USD 336 billion trade deficit in the USD 710.4 billion bilateral trade slapping three rounds of sanctions.
On Tuesday, Trump slapped 10 per cent tariffs on USD 200 billion worth of Chinese imports and the duties which will rise to whopping 25 per cent at the end of the year.
China has retaliated by hitting USD 60 billion in US products and the world's two largest economies have already imposed tariffs of USD 50 billion on each other.
The Trump administration has also punished a unit of China's defense ministry for buying fighter jets and missiles from Russia in defiance of sanctions on Moscow.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
