President Donald Trump went to Vietnam on Friday with a strong message for Asia.
The United States won’t be taken advantage of anymore.
The president told the attendees of the Asia-Pacific Economic Cooperation summit that he does not “blame China,” at the event in Da Nang, Vietnam.
“After all, who can blame a country for being able to take advantage of another country for the benefit of its citizens? I give China great credit,” he said.
But he cautioned that the United States “will not tolerate” anymore trade abuses or “unfair practices.”
“I do not blame China or any other country, of which there are many, for taking advantage of the U.S. on trade. If their representatives are able to get away with it, then they’re just doing their jobs,” he declared.
“We are not going to let the United States be taken advantage of anymore,” the president said. “I am always going to put America first, the same way I expect all of you in this room to put your countries first.”
He added that “We must ensure that all play by the rules, which they do not right now. Those who do will be our closest partners. Those who do not can be certain that the United States will no longer turn a blind eye to violations, cheating or economic aggression. Those days are over.”
President Trump chastised nations that manipulate currency in order to make their products cheaper and to increase their deficit with the United States. A practice China has been notorious for.
Moreover he took aim at the theft of intellectual property which is rampant in the Asian world.
“We will no longer tolerate the audacious theft of intellectual property,” he said. “We will confront the destructive practices of forcing businesses to surrender their technologies to the state and forcing them into joint ventures in exchange for market access.”
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