G20 pushes for free trade as U.S. vows to defend national interest

US President Donald Trump is reported to have said  on 28 January 2018  that EU trade terms are unfair to US, warning that his  many problems with Brussels   may morph into something very big.   Now  towards fag end  of  February ,  2018 ,   news has  appeared  saying that Trump wants  to have changes in WTO.    Just some days earlier on 20 January , 2018 , another  news report has appeared saying that Trump Administration says  US mistakenly backed China’s WTO accession in 2001.  The news report said : - “  It seems that the US erred in supporting China’s entry into the WTO on terms that have proven to be ineffective in securing China’s embrace of an open , market-oriented trade regime”.   A news  has appeared in media on 24 February , 2018, as : - ‘  While ties have improved but China  is absolutely  killing US on trade says US President Trump’.       There  is something still more. Perception of US   that  NAFTA  does not appear to be  doing much good to them  and  as such ,  whether     doing  away with the pact  could serve    purpose.     These somewhat identical   views   coming from Trump and Trump Adm   on   eve of February 2018  look  to be   corresponding to one of alerts of   this Vedic astrology writer   on 11 October 2017    in article - “ Astrological probable alerts for the United States in 2018” - published last year  in monthly Webzine of Wisdom Magazine from US  at  wisdom-magazine.com/Article.aspx/4647/  on 1 December 2017. The related  text in the said article reads as :- “ Near mid- March to 30 April 2018. US economy looks to be presenting a happy picture while some kind of hidden or behind the scene areas of substantial concern may remain. PAST ERRORS OR SLIPS ARE LIKELY TO IMPACT TRADING OR COMMERCIAL ASPECTS IN SOME WAY”. 

Thus , it can be said that  the alert  prediction of this writer  substantially prior , was precisely and closely   accurate   to the fact on the ground.

Where Wally? Opps, I meant Aso.

If the U.S is going down the trade war route there has to be a whole other level of strategizing with private enterprise in America among its exporters and importers that simply does not exist right now and hasn't existed since WW2. This is where China has a big advantage. The CCP has complete control of private enterprise. Until the U.S is able to secure a similar relationship with its own companies I would be holding fire altogether or limiting tariffs and other measures to key U.S economic sectors, number 1 of which, is high tech.

A complete ban on Chinese takeovers or mergers in the tech and A.I sector is long overdue. That should also be extended to countries with a broad Chinese diaspora, like Singapore. I was very happy to see the Qualcomm deal blocked, that would have been a monumental mistake.