Trump apec summit us will no longer tolerate trade abuses

A significant quote from the 2017 APEC Summit in Da Nang, Vietnam, where US President Donald Trump delivered a speech that sent shockwaves through the global trade community.

Here's the full quote:

"We will no longer tolerate the theft of American jobs, the destruction of American industries, and the erosion of our national security. We will no longer tolerate the unfair trade practices that have ravaged our economy and destroyed our manufacturing base. We will no longer tolerate the abuse of our trade relationships, where other countries take advantage of us and we get nothing in return."

In this speech, Trump emphasized the need for fair and reciprocal trade practices, criticizing what he saw as unfair trade practices by other countries, particularly China. He also highlighted the importance of protecting American jobs and industries, which he believed were being harmed by these unfair trade practices.

The speech was seen as a departure from the traditional US approach to trade, which had emphasized cooperation and diplomacy. Instead, Trump's rhetoric was more confrontational, emphasizing the need for the US to take a tougher stance on trade to protect its interests.

The speech was widely reported and sparked a significant reaction from other world leaders, including those from China, who accused Trump of being protectionist and threatening the global trade system. The speech also led to increased tensions between the US and China, which have continued to escalate in the years since.

Overall, Trump's speech at the APEC Summit marked a significant shift in the US approach to trade, and its impact is still being felt today.