India, China no longer growing nations: Trump


Washington, Aug 14 (IANS): US President Donald Trump has said that India and China are no longer "growing nations", claiming that they are "taking advantage" of the tag from the World Trade Organization (WTO) and warned that he will not let it happen anymore.

"They (WTO) view certain countries like China, India... as growing nations. Well, they have grown, and they had tremendous advantages... We're not letting that happen anymore...Everybody is growing but us," said Trump at a campaign rally in Pittsburgh on Tuesday.

They (India and China) were taking the advantage of a developing nation tag from the WTO, putting the US to disadvantage, he said at the rally.

The WTO is an intergovernmental organisation that regulates international trade between nations.

The White House pointed out in a memorandum that China and many other countries continue to style themselves as developing countries "allowing them to enjoy the benefits that come with that status and seek weaker commitments than those made by other WTO members", media reports said.

Trump said the US does not need the WTO if the Geneva-based organization fails to address loopholes that favour certain nations.

Shortly after issuing the memorandum, Trump said in a statement that the WTO was "broken" as "the world's richest countries" claim to be developing countries and get special treatment to avoid WTO rules, reports say.

China, with whom the US is engaged in a bruising trade war, has been identified by Washington as the "most significant abuser" of WTO regulations. Since joining the WTO, China has insisted that it is a developing country, according to the memorandum.

  

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Comment on this article

  • ad, mangaluru

    Wed, Aug 14 2019

    India is milking the world in the name of development. Modi's development is hindutva, cow ban, lynching. Rape, corruption, anti secular, church attacks, attacks on muslims and the list goes on.

    Its time the world put India on a watch list until Modi changes all this.

    DisAgree Agree [4] Reply Report Abuse

  • Azeez Vittal, Dubai

    Wed, Aug 14 2019

    China is in fact playing with the value of currency (Devaluation), as US calls “Currency manipulator”. When it does so, the import from china become less expensive, gives stiff competition to other major exporting countries, which forced US to slap tariff of 10%.On the other hand, India is going through economic turmoil since the beginning of 2019.If we look into statistical figures of consumer matrix, there has been decline in the sale of Domestic car, Tractors, commercial vehicles, housing sales, etc leaving a great impact on GDP figures.We can solve this by acknowledging instead of blaming global economic slowdown.

    DisAgree [1] Agree [7] Reply Report Abuse

  • Rolf, Dubai

    Wed, Aug 14 2019

    Before Trump was Nationilist for Bakt , suddenly he become Anti national.

    Jai Donold trump.

    DisAgree [5] Agree [10] Reply Report Abuse

  • David Pais, Mangalore

    Wed, Aug 14 2019

    I don't say thanks 2 chaiwala 4 making Hindustan X2 vegetarianistaan, lynchistaan & rapistaan

    DisAgree [8] Agree [11] Reply Report Abuse

  • Desh Bhakth, Mangalore

    Wed, Aug 14 2019

    Now fake claims and fudged statistic numbers of BJP on economy will be exposed. Signs are already showing in Indian economy on trade, stock markets and ever depreciating Indian rupee will not lie even if Modi's fake bhashans, Monkey Baath and self praising on zero achievement to fool people and drag people's attention on 71years of congress rule to cover its own sins and incapabilities but copying and pasting own name on Congress's pending developmental projects.

    DisAgree [4] Agree [11] Reply Report Abuse

  • Rolf, Dubai

    Wed, Aug 14 2019

    Dear Trump We are Growing in Rape , lynching, cow matha flesh export, Haterate, falling economy, No other country can over take us .

    Jai Donold trump

    DisAgree [10] Agree [29] Reply Report Abuse

  • mohan, Mangalore

    Wed, Aug 14 2019

    Thanks to Congress who build the nation ...

    DisAgree [6] Agree [30] Reply Report Abuse


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