US President Donald Trump has warned America’s trading partners that Washington will “no longer tolerate” unfair trade, closed markets and intellectual property theft, highlighting his “America First” doctrine that seeks to rewrite the rules of global commerce.
In a speech on Friday to Asia-Pacific leaders in Vietnam, Trump said the United States was ready to make a bilateral deal with any country in the region, but only on the basis of “mutual respect and mutual benefit.”
America “will not tolerate… chronic trade abuses” Trump said as he criticized the World Trade Organization for failing to regulate free trade violations by nations.
“We are not going to let the United States be taken advantage of any more. I am always going to put America first the same way I expect all of you in this room to put your countries first.”
Trump arrived in Vietnam to take part in the annual Asia-Pacific Economic Cooperation (APEC) summit, as part of his…