"Fair trade" or America First?
BEIJING, May 23 (Xinhua) -- "Fair trade" has been a frequently invoked theory by the United States in pressuring its trade partners including China for concessions, and a most deceptive one.
In a word, the U.S. version of "fair trade" is just a thin, frail layer of paint to whitewash over the headstrong pursuit of its "America First" policy.
The core of U.S. "fair trade" is its so-called "reciprocal" opening, which demands that all countries apply identical tariff levels and offer identical market access with that provided by the United States.
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