Things may have turned for the worse between the United States and China.
Even before an increasingly dangerous North Korea exposed divisions between the world's two biggest economies, the relationship between the U.S. and China was already souring. And the seemingly friendly Mar-a-Lago resort meeting between U.S. President Donald Trump and Chinese President Xi Jinping is becoming a distant memory.
Consider the steps the Trump administration has taken just since late June:
1. Naval operations in the South China Sea
On July 2, the U.S. carried out its second "freedom of navigation" operation during Trump's presidency, as a U.S. warship sailed near a disputed island in the South China Sea.
The United States is highly unlikely to pull forces out of Asia, even if North Korea is trying get U.S. out of the region, said Jonathan Pain, author of investment newsletter The Pain Report.
2. Weapons to Taiwan
Days before China celebrated the 20th anniversary of Hong Kong's handover to the mainland from the British, the U.S. said it plans to sell $1.4 billion in arms to Taiwan in what is seen by Beijing as an affront to the "One China" policy. A U.S. State Department spokeswoman told reporters however that there has been no change to the United States' official acknowledgement that Taiwan and mainland China are a single entity.
Chinese foreign ministry spokesperson Lu Kang argued last week that by selling arms to Taiwan, the U.S. has "severely violated international law" and jeopardized China's sovereignty and national interests."
3. New sanctions on Chinese individuals
The U.S. imposed new sanctions on a Chinese shipping company and two Chinese citizens tied to North Korea. The Treasury Department's Financial Crimes Enforcement Network also proposed banning U.S. financial institutions from doing business with the Bank of Dandong.
Asked about the U.S. sanctions on Friday, the Foreign Ministry's Kang said that China consistently opposes unilateral sanctions imposed outside the U.N. framework.
"We strongly urge the U.S. to immediately correct its mistake, so as not to impact bilateral cooperation on relevant issues," he said.
4. Harsh words on steel and aluminum
Trump hinted this week via his favorite communication mode — Twitter — that his administration may be gearing up to protect the U.S. steel industry.
Even before an increasingly dangerous North Korea exposed divisions between the world's two biggest economies, the relationship between the U.S. and China was already souring. And the seemingly friendly Mar-a-Lago resort meeting between U.S. President Donald Trump and Chinese President Xi Jinping is becoming a distant memory.
Consider the steps the Trump administration has taken just since late June:
1. Naval operations in the South China Sea
On July 2, the U.S. carried out its second "freedom of navigation" operation during Trump's presidency, as a U.S. warship sailed near a disputed island in the South China Sea.
2. Weapons to Taiwan
Days before China celebrated the 20th anniversary of Hong Kong's handover to the mainland from the British, the U.S. said it plans to sell $1.4 billion in arms to Taiwan in what is seen by Beijing as an affront to the "One China" policy. A U.S. State Department spokeswoman told reporters however that there has been no change to the United States' official acknowledgement that Taiwan and mainland China are a single entity.
Chinese foreign ministry spokesperson Lu Kang argued last week that by selling arms to Taiwan, the U.S. has "severely violated international law" and jeopardized China's sovereignty and national interests."
3. New sanctions on Chinese individuals
The U.S. imposed new sanctions on a Chinese shipping company and two Chinese citizens tied to North Korea. The Treasury Department's Financial Crimes Enforcement Network also proposed banning U.S. financial institutions from doing business with the Bank of Dandong.
Asked about the U.S. sanctions on Friday, the Foreign Ministry's Kang said that China consistently opposes unilateral sanctions imposed outside the U.N. framework.
"We strongly urge the U.S. to immediately correct its mistake, so as not to impact bilateral cooperation on relevant issues," he said.
4. Harsh words on steel and aluminum
Trump hinted this week via his favorite communication mode — Twitter — that his administration may be gearing up to protect the U.S. steel industry.
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