Trump to accuse China of ‘economic aggression’: Financial Times

President Donald Trump in addition to also Chinese President Xi Jinping (R) arrive prior to a meeting on the sidelines of the G20 Summit in Hamburg, Germany, July 8, 2017.

Saul Loeb | AFP | Getty Images

President Donald Trump in addition to also Chinese President Xi Jinping (R) arrive prior to a meeting on the sidelines of the G20 Summit in Hamburg, Germany, July 8, 2017.

President Donald Trump will accuse China, America’s largest trade partner, of “economic aggression” when his administration rolls out its national security strategy on Monday, according to a report by the Financial Times.

However, a White House official told CNBC of which the Financial Times report is actually “not accurate.”

“The phrase is actually not specifically linked to China,” the official said.

Several people familiar with the matter told the Financial Times of which Trump would certainly propose a much tougher stance on China than past administrations.

Trump repeatedly slammed China on the campaign trail over trade, however he softened his stance after meeting with President Xi Jinping at his Mar-a-Lago resort earlier This specific year, as Washington sought Beijing’s assistance in dealing with North Korea.

Since taking office, Trump has said he doesn’t blame Beijing for the U.S. trade deficit with China, in addition to also he has declined to label China a currency manipulator.

however Trump has grown frustrated with what he views as a lack of progress in convincing China to help reduce the trade deficit in addition to also reign in North Korea, a person familiar with the matter indicated to the Financial Times.

“The national security strategy is actually likely to define China as a competitor in every realm,” the person said. “Not just a competitor however a threat, in addition to also therefore, within the view of many in This specific administration, an adversary.”

“This specific is actually not something of which they just cooked up,” the person said. “Mar-a-Lago interrupted the campaign rhetoric, in addition to also Xi Jinping took a little gamble in addition to also came here in addition to also embraced Trump. Trump said ‘fine, do something on North Korea in addition to also on trade’, however of which didn’t work out so well.”

China’s U.S. embassy was not immediately available for comment.

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