Despite previous progress on a massive trade deal, increasing tensions over the coronavirus and accusations from the Trump Administration that China is withholding information, have sparked concerns that it could be the start of a new Cold War…
We are at a time when the United States and China were expected to be in the process of finalizing Phase Two of the trade deal. But instead, President Trump is now openly questioning whether China is fulfilling the agreements it made in Phase One.
He says he will be speaking to farmers within the next two weeks, and he will decide whether to “terminate” the current deal and implement new tariffs.
This comes after a representative from the State Department confirmed the US is now “turbo-charging” efforts to reduce their reliance on China’s manufacturing supply chain, in an effort to work with that they describe as “friendly nations.”
China has denied accusations from the US that it was withholding information about the coronavirus in order to hoard medical supplies. Secretary of State Mike Pompeo has also claimed there is evidence the virus leaked from a lab in Wuhan that was receiving funding from the US, but he then doubled back and said he isn’t certain about those claims. To that, a spokesperson for China’s foreign ministry said Pompeo can’t keep his story straight because he was “making up lies.”
“The reason why he made such self-contradictory comments is because he has been making up lies and covering up a lie by fabricating more lies. That is an open secret already. It is not only a war between humankind and viruses, but also a war between truth and lies. Shifting the blame will not solve the problem or the lives lost. We sincerely regret and mourn the lost in the United States,” said Hua Chunying.
China has also called for the US to present evidence of its claims and it has accused Washington of trying to place to blame on Beijing to avoid responsibility for the way the coronavirus has been handled here in the US.
The Trump Administration does not appear to be backing down, and Pompeo said tensions will likely continue between the two countries until China shares more information on the origins of the coronavirus and patient zero.
“This is why this is why when I see people say, well, America is bullying the Chinese we’re demanding of them only what we demand of every nation. Be transparent, be open, be a reliable partner of the very things they say. The Chinese say they want to cooperate. Great! Cooperation is about action. It’s about opening up, it’s about sharing this information. So the details of where patient zero where this began are things that are knowledge that’s in the possession of only the Chinese Communist Party,” Pompeo said.
Now, there are reports that trade representatives from the US and China hold talks over the phone as early as next week. But if the current rhetoric over the coronavirus continues it will likely impact trade negotiations, and there is legitimate concern that we could be looking at a new Cold War.