US Pres Trump: Current trade balance with China not acceptable

Comments crossed the wires now from the US President Trump, as he speaks at the APEC conference held in Danang, Vietnam.

Key Points via Reuters:

Current trade balance with China not acceptable.

We can no longer tolerate these chronic trade abuses.

Must ensure that all play fair, which they do not right now.

We expect our trade partners to follow rules.

US will insist on fair and equal trade policies from now on.

US has not been treated fairly by WTO.

We will make bilateral trade agreements with any Indo-pacific partner.

The future of this region must not be held hostage to dictators twisted fantasies.

We seek robust trade rooted in principles of fairness and reciprocity.