U.S. Eyes New Tactic to Press China

U.S. Eyes New Tactic to Press China

read https://www.wsj.com/articles/u-s-eyes-new-tactic-to-press-china-1487034167

For the weekly article summaries, use the instructions presented to you on the syllabus for guidance. The article you select to summarize should be of interest to you. Summaries should be at least 150 words in length and written in APA format. I’ve also included an example of an article summary format that I expect you to follow. Please include a link to the article you summarized in your submission.

200 words

Answer preview………..

The White House is exploring a new strategy to discourage China from devaluing its currency so as to improve exports. This tactic is part of an ongoing plan to challenge China – the U.S.’s biggest trading partner – without necessarily getting involved in direct confrontations. To balance the aims of challenging China while not breaking relations, the measures employed against China would also apply to other nations. It may be a sign of the softening position on China by Trump as he has not labeled the country a currency manipulator and also recognizes the “One China” policy, contrary to his earlier statements. However, the plan, which may have to be reviewed by cabinet officials, may infringe World Trade Organization rules and other countries may also take similar stances against U.S. exports. China’s currency policies have long been a controversial issue between the two…\

APA 259 words

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