CHINA LASHES OUT OVER USMCA CLAUSE

Oct 05, 2018

By Michael Kramer

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China says a controversial new clause in the replacement for NAFTA – amounts to an act of political dominance by the United States.

The Chinese Embassy in Ottawa has issued a scathing statement – on the clause in the United States-Mexico-Canada Agreement that calls on the parties to notify each other – if they enter into trade talks with a so-called “non-market” economy.

While the clause does not mention China specifically, some argue it gives the Americans a veto – over Canada and Mexico pursuing free trade with the world’s second-largest economy.

Beijing is currently engaged in a bitter trade battle with the Trump administration.

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