VP Vance is speaking and says:
- Security posture of last 20 years is not adequate for the next 20 years
- We think Russians are asking for too much
- Would like Russians and Ukrainians to agree to guidelines for talking to each other.
- There is a big gulf between where Ukrainians and Russians are.
- Probably impossible to mediate this without at least some direct negotiation between Russia and Ukraine.
- No conversation between US and China about a strategic deal of Taiwan.
- We think China will have to let their population consume more.
- Open to having conversations with friends and more adversarial national about rebalancing.
- We think we can do that while preserving dialogue with China.
- Conversations are ongoing with EU.
- We want European markets to be open to American goods
- Think we can have a better trading relationship with your pants if they would drop trade barriers
- We think there is a deal that would reintegrate Iran into global economy
- Would prevent Iran from getting a nuclear weapon
- Would be open to sitting down with Russia and China to reduce the number of nuclear weapons in the world.
- So far so good on negotiations with Iran
- Iran can have civil nuclear power
- Trump thinks goal should be 5% spending on defense and NATO
The comments – as presented – are different in that they seem not to be “Pres Trump wants” but “We think”. A lot of the times, the members of the administration preface most comments with “The President wants to…”
Just an interesting shift which I may be overempasizing, but….
This article was written by Greg Michalowski at www.forexlive.com.