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Cablegate: Seoul - Media Reaction

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UNCLAS SEOUL 001470


SIPDIS

E.O. 12958: N/A
TAGS: PREL PGOV MARR ECON KPAO KMDR KS US
SUBJECT: SEOUL - MEDIA REACTION

Subject: Media Reaction; Seoul

GLOBAL ECONOMY
---------------

"Trade Conflict between U.S. and China Feared to Disrupt
International Efforts to Turn around Global Economy"

Right-of-center JoongAng Ilbo editorialized (09/15): "We believe
that the U.S. is primarily to blame for this trade dispute. This is
because the U.S. action (to impose safeguard tariffs on Chinese tire
imports) breached the G20 agreement to resist trade protectionism.
... Former President George W. Bush rejected four recommendations
to invoke safeguard measures against Chinese products based on the
judgment that trade protectionism, once started, would spiral out of
control. The U.S.'s return to trade protectionism will not only
spark international trade disputes but also undermine world trade,
further delaying the recovery of the global economy."


TOKOLA

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