Trump promises to herald economic resurgence

Washington, June 29 

Criticising the current US trade policies that has wiped out American manufacturing, presumptive Republican presidential nominee Donald Trump has threatened to take punitive actions against China's illegal trade activities while promising to herald a US economic resurgence if elected.

"If China does not stop its illegal activities, including its theft of American trade secrets, I will use every lawful presidential power to remedy trade disputes, including the application of tariffs...," Trump said in his remarks on economy in the Monessen township of Pennsylvania.

In his seven-point action plan on economic independence, Trump devoted considerable speech on China.

In fact, his last three action plans are all directed against China. "I'm going to instruct my treasury secretary to label China a currency manipulator, which should have been done years ago. Any country that devalues their currency in order to take unfair advantage of the United States, which is many countries, will be met with sharply. And that includes tariffs and taxes," Trump said.

"I'm going to instruct the US trade representative to bring trade cases against China, both in this country and at the WTO," he said.

Noting that China's unfair subsidy behaviour is prohibited by the terms of its entrance to the WTO, Trump said he intends to enforce those rules and regulations. — PTI