#AceNewsReport – July.06: President #Xi Jinping will go to the G-20 meeting on Friday after a state visit in #Germany to meet EU’S #Merkel which #Beijing sees as the key to Europe and free trade #AceNewsDesk reports
Having lost patience with China, the Trump administration is studying new steps to starve North Korea of cash for its nuclear program, including an option that would infuriate Beijing: sanctions on Chinese companies that help keep the North’s economy afloat.
It’s an approach that’s paid off for the U.S. in the past, especially with Iran, where American economic penalties helped drive Tehran to the nuclear negotiating table. Yet there are significant risks, too, including the possibility of opening a new rift with Beijing that could complicate U.S. diplomatic efforts on other critical issues Time reports http://ift.tt/2uMZxoJ #AceNewsDesk
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