VZCZCXRO5530
RR RUEHGH
DE RUEHUL #1470 2580534
ZNR UUUUU ZZH
R 150534Z SEP 09
FM AMEMBASSY SEOUL
TO RUEHC/SECSTATE WASHDC 5652
RUCPDOC/USDOC WASHDC 9158
RUEATRS/DEPT OF TREASURY WASHDC
RUEHKO/AMEMBASSY TOKYO 6714
RUEHMO/AMEMBASSY MOSCOW 0288
RUEHBJ/AMEMBASSY BEIJING 6641
RUEAIIA/CIA WASHINGTON DC
RUEKJCS/SECDEF WASHINGTON DC
RHHMUNA/USCINCPAC HONOLULU HI
RUEHGH/AMCONSUL SHANGHAI 1267
RUEHSH/AMCONSUL SHENYANG 5039
RUEHIN/AIT TAIPEI 3998
RUEHGP/AMEMBASSY SINGAPORE 7214
RUCNDT/USMISSION USUN NEW YORK 1516
RUEHGV/USMISSION GENEVA 2830
RUEHLO/AMEMBASSY LONDON 1908
RUEHFR/AMEMBASSY PARIS 2516
UNCLAS SEOUL 001470
SIPDIS
E.O. 12958: N/A
TAGS: PREL PGOV MARR ECON KPAO KMDR KS US
SUBJECT: SEOUL - MEDIA REACTION
Subject: Media Reaction; Seoul
GLOBAL ECONOMY
---------------
"Trade Conflict between U.S. and China Feared to Disrupt
International Efforts to Turn around Global Economy"
Right-of-center JoongAng Ilbo editorialized (09/15): "We believe
that the U.S. is primarily to blame for this trade dispute. This is
because the U.S. action (to impose safeguard tariffs on Chinese tire
imports) breached the G20 agreement to resist trade protectionism.
... Former President George W. Bush rejected four recommendations
to invoke safeguard measures against Chinese products based on the
judgment that trade protectionism, once started, would spiral out of
control. The U.S.'s return to trade protectionism will not only
spark international trade disputes but also undermine world trade,
further delaying the recovery of the global economy."
TOKOLA