00:43 GMT17 May 2021
Listen Live
    Get short URL
    2137
    Subscribe

    Peter Navarro's selection as a head of the newly created White House National Trade Council signals that Donald Trump intends to reshape US-Chinese relations, Tom McGregor, Commentator at China Network Television told Radio Sputnik. "However, it's going to be a focus on trade wars, not real wars," he stressed.

    US President-elect Donald Trump's pick for trade advisory role at the newly created White House National Trade Council has prompted a heated debate.

    The crux of the matter is that American economist Peter Navarro is known as a vocal critic of China.

    "The formation of the National Trade Council further demonstrates the President-elect's determination to make American manufacturing great again and to provide every American the opportunity to work in a decent job at a decent wage," the transition office said in an official press release, as quoted by Politico.com.

    However, some American observers have expressed deep concerns regarding Navarro's appointment.

    "Navarro means both metaphorically, and literally, there are coming wars with China that we do not need: One of Navarro's books is titled 'The Coming China Wars: Where They Will Be Fought, How They Can Be Won'," Charles Tiefer, Professor at the University of Baltimore School of Law, wrote in his op-ed for Forbes.

    "Navarro is not at all just a 'trade hawk' about China.  He is a 'hawk' about China across the board, in all the theatres of struggle, including the military.  Navarro is, about China, in a word, a war hawk," the American academic argues.

    However, CNTV Asia-Pacific Commentator, Tom McGregor does not share the alarmist stance.

    "Trump is looking for boosting jobs, boosting the economy and he promised on the campaign trail that he was going to fight for those jobs by picking tough trade measures against other countries," McGregor told Radio Sputnik Thursday.

    The journalist called attention to the fact that the US has a major trade deficit problem.

    "It's five hundred billion dollars," he noted, adding that it's getting worse.

    Thus, unsurprisingly, Trump is seeking new ways to solve the problem.

    "Navarro is the right pick to help [solve] the trade issues," he suggested.

    Still, Navarro's selection as a head of the White House National Trade Council shows that the US President-elect is determined to reshape US-Chinese relations, McGregor admitted.

    He noted that he has repeatedly predicted Trump is likely to provoke trade wars between the US and China.

    Indeed, in his September interview with Sputnik the journalist said that if Trump wins the November election and enters the White House, there could be more "trade wars" between the US and China.

    "However, it's going to be a focus on trade wars, not real wars," McGregor told Radio Sputnik.

    "Trump is basically taking a stand to say 'I am going this way to improve the economy'; whether it's right or wrong we'll find out in a few years," the journalist noted.

    "Definitely it's going to be tougher, he's going to be rocky and it's going to be stormy, but the fact is that this is what Trump promised to voters and now he is going to start to deliver on it," he added.

    However, although Trump's appointment of Navarro, a longstanding critic of China sends a serious signal to Beijing, the crux of the matter is that China remains one of the major holders of the US foreign debt, McGregor noted.

    Still, McGregor added that it is highly unlikely that China would dump this foreign debt since it may destabilize the world economy.

    In a word, none of the two global powers are in interested in a dangerous gamble.

    In his previous interview with Radio Sputnik McGregor noted that the Chinese are "brilliant strategists"

    "[Saving] face is a very big deal [in China]. If you hit me I have to hit you back. So obviously if Trump starts a trade war they have to respond… But it's not a terrible thing because they already have a plan B that even though they may respond and they are likely to respond it's not going to harm them like many people think it will," he told Radio Sputnik on December, 10.

    Commenting on Navarro's appointment China's Ministry of Foreign Affairs spokeswoman Hua Chunying told a daily press briefing that "cooperation is the only correct choice."

    "Cooperation is the only correct choice. We hope the US works hard with China to maintain the healthy, stable development of ties, including business and trade ties," she said.

    Have you heard the news? Sign up to our Telegram channel and we'll keep you up to speed!

    Related:

    Trump's Asian Pivot: 'US to Jump on One Belt, One Road Bandwagon'
    US to Adopt More Pragmatic Approach Toward China, Russia if Trump Elected
    Ready for 'Showtime': China Becoming Center of Global Financial Activity
    Tags:
    China trade wars, US debt, geopolitical chessboard, economy, trade, Donald Trump, Asia-Pacific, China, US, Russia, Beijing
    Community standardsDiscussion