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US trade bullyism shakes foundations of global multilateral trading regime: white paper

Xinhua | Updated: 2018-09-24 21:32
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In international affairs, it has frequently requested entities or individuals of other countries to obey US domestic laws, otherwise they may face US civil, criminal or trade sanctions at any time, said the white paper.

The United States internationalizes domestic issues and politicizes economic and trade issues, said the white paper. "It has erroneously attributed unemployment caused by domestic policy and institutional flaws to international trade."

"The US administration has accused other countries of 'stealing US jobs through unfair trade.' China, as the biggest source of the US trade deficit, is a convenient primary target," the white paper said.

However, statistics from the United Nations show that China-US trade expanded by a factor of 4.4 between 2001 and 2017, yet unemployment in the United States dropped from 5.7 percent to 4.1 percent, as noted in the white paper.

In fact, unemployment of some social groups in the United States is caused by flaws in domestic economic policy and the absence of proper redistribution and reemployment mechanisms against the backdrop of technological advances and economic restructuring, the white paper said.

The white paper also said the current US administration is violating its own commitments as it has turned its back on universally-recognized and widely-observed norms governing international relations, and made a series of moves in violation of its own commitments.

The opportunism of the United States toward international relations has been widely challenged and criticized by the international community, said the white paper.

"The short-sighted actions of the United States in pursuit of short-term interests harm its international credibility, and will undermine its international standing and prejudice its strategic interests," it said.

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