Future does not belong to globalists but patriots: Trump at UNGA

Tensions between the US and China on the trade front have escalated since the beginning of this year, with both the sides having had imposed tariffs worth billions of dollars of each other’s imports.

Written by September 24, 2019 21:58

New Delhi: The future does not belong to globalists but to patriots, said US President Donald Trump at the UN General Assembly on Tuesday.

“The free world must embrace its national foundations. It must not attempt to erase them or replace them. Looking around this large magnificent planet, the truth is plain to see. If you want freedom take pride in your country. If you want democracy, hold on to your sovereignty. If you want peace, love your nation,” he said.

First Lady Melania Trump was also present amongst the audience when Trump made his speech, that pitched for nationalism.

“Wise leaders always put the good of their own people and own countries first. The future does not belong to globalists, it belongs to patriots, to sovereign and independent nations who protect their citizens, respect their neighbours and honour the differences that make each country special and unique,” the US President added.

“It is why in the US have embarked on an exciting programme of national renewal. Everything we do, we are focused on empowering the dreams and aspirations of our citizens,” Trump said.

China has broken promises on trade, says Trump

Trump accused China of breaking its promise to the international community of adopting “promised reforms” following its admission to the World Trade Organisation, and said the country has instead embraced an economic model dependent on massive market barriers, currency manipulation, and product dumping.

“In 2001 China was admitted to the World Trade Organisation. Our leaders then argued that this decision would compel China to liberalise its economy & strengthen protections to provide things that were unacceptable to us. And for private property for the rule of law,” Trump said in his address at the United Nations.

China cancels upcoming trade talks with US

“Decades later, this theory has been proven wrong. Not only has China declined to adopt promised reforms, but it has also embraced an economic model dependent on massive market barriers, currency manipulation, product dumping, forced technology transfers and theft of intellectual property,’ he said.

Trump said that the second-largest economy in the world shouldn’t be allowed to declare itself a developing country just so to “game the system at other’s expense.”

“US lost 60,000 factories after China entered the WTO. This is happening to other countries all over the globe. WTO needs a drastic change. The second-largest economy in the world shouldn’t be allowed to declare itself a developing country in order to game the system at others’ expense,” said Trump.

Tensions between the US and China on the trade front have escalated since the beginning of this year, with both the sides having had imposed tariffs worth billions of dollars of each other’s imports.