As the Nomination of Donald J. Trump as the Republican Party’s Presidential Candidate and his possible election as the next President of the United states of America, becomes closer to becoming a reality, it’s not just the internal enemies of a strong America who are getting nervous.
It is Obama’s “Foreign Economic Partners”, as well.
The Washington Free Beacon reports that
China warned the United States on Wednesday not to adopt punitive currency policies that could disrupt U.S.-China relations after Donald Trump’s win in the Nevada caucus.
Foreign Ministry spokeswoman Hua Chunying told reporters in Beijing that “we are following with interest the U.S. presidential election.”
Hua was asked about China’s response to a possible Trump presidency and his announced plan to punish China for currency manipulation with a tax on Chinese goods.
“Since it belongs to the domestic affair of the U.S., I am not going to make comments on specific remarks by the relevant candidate,” she said.
“But I want to stress that China and the U.S., as world’s largest developing and developed countries, shoulder major responsibilities in safeguarding world peace, stability and security and driving world development,” the spokeswoman added.
“The sustained, sound and steady growth of China-U.S. relations serves the fundamental and long-term interests of the two countries and benefits the world. We hope and believe that the U.S. government will pursue a positive policy toward China in a responsible manner.”
The comments came as Wang Yi, the Chinese foreign minister, is holding talks in Washington that include U.S. concerns about a Chinese military buildup on disputed islands in the South China Sea, and cooperation on dealing with North Korea’s nuclear and missile provocations.
Hua said Wang and Secretary of State John Kerry agreed the two sides will enhance cooperation and increase talks and exchanges.
“We stand ready to preserve and advance China-U.S. relations together with the U.S. side,” she said.
Kerry said he spoke to Wang about reducing tensions and finding diplomatic solutions to competing South China Sea claims.
“We want there to be a halt to the expansion and militarization of occupied features,” Kerry said. “Everyone benefits by true demilitarization, non-militarization.”
Kerry also said the United States remains committed to freedom of navigation and overflight, “something which China says it does not stand in the way of; it agrees that there should be peaceful freedom of navigation.”
Reports from Asia say Chinese state-run media have been ordered by the Communist Party to minimize reporting on the U.S. presidential election.
Hong Kong’s Chinese-language news outlet Oriental Daily reported Feb. 5 that the Party’s Propaganda Department, which sets policies for all state-run media, ordered all publications to ban election coverage of U.S. policies toward China and to focus election coverage on negative stories and scandals.
Trump won the Nevada caucus with 45 percent of the vote, increasing his chances of winning the Republican nomination later this year.
Last month, Trump vowed to impose a 45 percent tariff on Chinese good to offset China’s devaluation of the yuan.
“They’re devaluing their currency, and they’re killing our companies,” Trump said. “We are letting them get away with it, and we can’t let them get away with it.”
The Obama administration has adopted conciliatory policies toward China on trade and currency issues.
On his Campaign Website, donaldjtrump.com, Trumps outlines how he would handle U.S. Trade Negotiations with China.
How We Got Here: Washington Politicians Let China Off The Hook
In January 2000, President Bill Clinton boldly promised China’s inclusion in the World Trade Organization (WTO) “is a good deal for America. Our products will gain better access to China’s market, and every sector from agriculture, to telecommunications, to automobiles. But China gains no new market access to the United States.” None of what President Clinton promised came true. Since China joined the WTO, Americans have witnessed the closure of more than 50,000 factories and the loss of tens of millions of jobs. It was not a good deal for America then and it’s a bad deal now. It is a typical example of how politicians in Washington have failed our country.
The most important component of our China policy is leadership and strength at the negotiating table. We have been too afraid to protect and advance American interests and to challenge China to live up to its obligations. We need smart negotiators who will serve the interests of American workers – not Wall Street insiders that want to move U.S. manufacturing and investment offshore.
The Goal Of The Trump Plan: Fighting For American Businesses And Workers
America has always been a trading nation. Under the Trump administration trade will flourish. However, for free trade to bring prosperity to America, it must also be fair trade. Our goal is not protectionism but accountability. America fully opened its markets to China but China has not reciprocated. Its Great Wall of Protectionism uses unlawful tariff and non-tariff barriers to keep American companies out of China and to tilt the playing field in their favor.
If you give American workers a level playing field, they will win. At its heart, this plan is a negotiating strategy to bring fairness to our trade with China. The results will be huge for American businesses and workers. Jobs and factories will stop moving offshore and instead stay here at home. The economy will boom. The steps outlined in this plan will make that a reality.
When Donald J. Trump is president, China will be on notice that America is back in the global leadership business and that their days of currency manipulation and cheating are over. We will cut a better deal with China that helps American businesses and workers compete.
The Trump Plan Will Achieve The Following Goals:
Bring China to the bargaining table by immediately declaring it a currency manipulator.
Protect American ingenuity and investment by forcing China to uphold intellectual property laws and stop their unfair and unlawful practice of forcing U.S. companies to share proprietary technology with Chinese competitors as a condition of entry to China’s market.
Reclaim millions of American jobs and reviving American manufacturing by putting an end to China’s illegal export subsidies and lax labor and environmental standards. No more sweatshops or pollution havens stealing jobs from American workers.
Strengthen our negotiating position by lowering our corporate tax rate to keep American companies and jobs here at home, attacking our debt and deficit so China cannot use financial blackmail against us, and bolstering the U.S. military presence in the East and South China Seas to discourage Chinese adventurism.
Details of Donald J. Trump’s US China Trade Plan:
Declare China A Currency Manipulator
We need a president who will not succumb to the financial blackmail of a Communist dictatorship. President Obama’s Treasury Department has repeatedly refused to brand China a currency manipulator – a move that would force China to stop these unfair practices or face tough countervailing duties that level the playing field.
Economists estimate the Chinese yuan is undervalued by anywhere from 15% to 40%. This grossly undervalued yuan gives Chinese exporters a huge advantage while imposing the equivalent of a heavy tariff on U.S. exports to China. Such currency manipulation, in concert with China’s other unfair practices, has resulted in chronic U.S. trade deficits, a severe weakening of the U.S. manufacturing base and the loss of tens of millions of American jobs.
In a system of truly free trade and floating exchange rates like a Trump administration would support, America’s massive trade deficit with China would not persist. On day one of the Trump administration the U.S. Treasury Department will designate China as a currency manipulator. This will begin a process that imposes appropriate countervailing duties on artificially cheap Chinese products, defends U.S. manufacturers and workers, and revitalizes job growth in America. We must stand up to China’s blackmail and reject corporate America’s manipulation of our politicians. The U.S. Treasury’s designation of China as a currency manipulator will force China to the negotiating table and open the door to a fair – and far better – trading relationship.
End China’s Intellectual Property Violations
China’s ongoing theft of intellectual property may be the greatest transfer of wealth in history. This theft costs the U.S. over $300 billion and millions of jobs each year. China’s government ignores this rampant cybercrime and, in other cases, actively encourages or even sponsors it –without any real consequences. China’s cyber lawlessness threatens our prosperity, privacy and national security. We will enforce stronger protections against Chinese hackers and counterfeit goods and our responses to Chinese theft will be swift, robust, and unequivocal.
The Chinese government also forces American companies like Boeing, GE, and Intel to transfer proprietary technologies to Chinese competitors as a condition of entry into the Chinese market. Such de facto intellectual property theft represents a brazen violation of WTO and international rules. China’s forced technology transfer policy is absolutely ridiculous. Going forward, we will adopt a zero tolerance policy on intellectual property theft and forced technology transfer. If China wants to trade with America, they must agree to stop stealing and to play by the rules.
Eliminate China’s Illegal Export Subsidies And Other Unfair Advantages
Chinese manufacturers and other exporters receive numerous illegal export subsidies from the Chinese government. These include – in direct contradiction to WTO rules – free or nearly free rent, utilities, raw materials, and many other services. China’s state-run banks routinely extend loans these enterprises at below market rates or without the expectation they will be repaid. China even offers them illegal tax breaks or rebates as well as cash bonuses to stimulate exports.
China’s illegal export subsidies intentionally distorts international trade and damages other countries’ exports by giving Chinese companies an unfair advantage. From textile and steel mills in the Carolinas to the Gulf Coast’s shrimp and fish industries to the Midwest manufacturing belt and California’s agribusiness, China’s disregard for WTO rules hurt every corner of America.
The U.S. Trade Representative recently filed yet another complaint with the WTO accusing China of cheating on our trade agreements by subsidizing its exports. The Trump administration will not wait for an international body to tell us what we already know. To gain negotiating leverage, we will pursue the WTO case and aggressively highlight and expose these subsidies.
China’s woeful lack of reasonable environmental and labor standards represent yet another form of unacceptable export subsidy. How can American manufacturers, who must meet very high standards, possibly compete with Chinese companies that care nothing about their workers or the environment? We will challenge China to join the 21 st Century when it comes to such standards.
The Trump Plan Will Strengthen Our Negotiating Position
As the world’s most important economy and consumer of goods, America must always negotiate trade agreements from strength. Branding China as a currency manipulator and exposing their unfair trade practices is not enough. In order to further strengthen our negotiating leverage, the Trump plan will:
Lower the corporate tax rate to 15% to unleash American ingenuity here at home and make us more globally competitive. This tax cut puts our rate 10 percentage points below China and 20 points below our current burdensome rate that pushes companies and jobs offshore.
Attack our debt and deficit by vigorously eliminating waste, fraud and abuse in the Federal government, ending redundant government programs, and growing the economy to increase tax revenues. Closing the deficit and reducing our debt will mean China cannot blackmail us with our own Treasury bonds.
Strengthen the U.S. military and deploying it appropriately in the East and South China Seas. These actions will discourage Chinese adventurism that imperils American interests in Asia and shows our strength as we begin renegotiating our trading relationship with China. A strong military presence will be a clear signal to China and other nations in Asia and around the world that America is back in the global leadership business.
Could Trump realistically make this plan work?
The Godfather of Conservative Talk Radio, Rush Limbaugh, recently gave a superb analysis of the way Trump operates, on his nationally-syndicated Program…
Let me share with you some analysis that will no doubt be misunderstood and distorted in many places in our media, but here we go. As I’m listening to Trump talk about all this — and not just today. It is fascinating, is it not, that Donald Trump has sort of reframed, or maybe even redefined, the purpose and the position of the presidency as something defined by negotiating deals? He talks about this all the time. This is important. He’s credibly presenting himself as a skilled dealmaker, as a skilled negotiator. Therefore, he is positing here that the job of president, to him, is negotiating and dealmaking, foreign and domestic.
Trade equals deals. Foreign policy equals deals such as Iran, the entire Middle East. Domestic policy equals deals, i.e., making them with Democrats. By all those deals… Here’s the thing: Every time Trump talks about doing a deal — with Mexico and the wall, you name it, with the ChiComs. Every time he talks about doing deals, he talks about winning them for his position, that nobody else is any good at this, that the people running our government now, elected officials now don’t know how to do deals. They do the dumbest deals ever.
But Trump is gonna do smart deals, because that’s what his life is.
He does deals for everything, and he runs rings around everybody.
He wrote a book on how to do deals better than anybody else. Even after telling everybody how to do deals, they still can’t do ’em better than he does. And he’s defined all of this as pro-America, i.e., for the people. Making America great again. The opposition, or the opposite reactions to Trump among Republicans and others depends on whether people trust or believe him or not. Trump opposers don’t believe it; Trump supporters do believe it.
We all remember the first time we went into a voting booth and got to pull the lever for the candidate of our choice.
I was especially blessed as a 22 year old college senior. My very first vote, in any sort of election, was when I got to pull the lever for Ronald Wilson Reagan.
In 1974, at the very first Conservative Political Action Conference, the future President of the United States said the following:
Somehow America has bred a kindliness into our people unmatched anywhere, as has been pointed out in that best-selling record by a Canadian journalist. We are not a sick society. A sick society could not produce the men that set foot on the moon, or who are now circling the earth above us in the Skylab. A sick society bereft of morality and courage did not produce the men who went through those years of torture and captivity in Vietnam. Where did we find such men? They are typical of this land as the Founding Fathers were typical. We found them in our streets, in the offices, the shops and the working places of our country and on the farms.
We cannot escape our destiny, nor should we try to do so. The leadership of the free world was thrust upon us two centuries ago in that little hall of Philadelphia. In the days following World War II, when the economic strength and power of America was all that stood between the world and the return to the dark ages, Pope Pius XII said, “The American people have a great genius for splendid and unselfish actions. Into the hands of America God has placed the destinies of an afflicted mankind.
We are indeed, and we are today, the last best hope of man on earth.
When Reagan became president, he did everything within his power to uphold these lofty words.
I suppose that is why I hold Barack Hussein Obama in such disdain. As a young man just starting my new life in the business world, I was able to watch the economy start to turn around under the greatest president in our lifetime. There was a confidence in our strength as an American people that I had never seen before.
You could see it in people’s faces as you walked past them on the street… or at the gas station, as we all watched the price of a gallon of gas finally go down after the pain at the pump that we experienced during the Carter Presidency.
People who had been out of work and suffering along with their families were beginning to be hired again. And, young Americans who had no confidence in the previous commander in chief, were once again going to military recruiters asking to sign up to serve our country.
Yes, indeed. Once again, it was “Morning in America”.
However, the popularity of our president was not just limited to the boundaries of our nation. Reagan was admired the world over. The things that he accomplished, along with his friends, Prime Minister of Britain Margaret Thatcher, Soviet Premier Mikhail Gorbachev, and Pope John Paul II, have caused the decade of the 1980s to be recorded as a seminal moment in world history.
I remember watching President Reagan speak at the Berlin Wall. When he said, “Mr Gorbachev tear down this wall!”, I was never prouder to be an American and of an American president, than at that moment.
The Liberal Democrats lost their collective minds.
For you see, Liberal Democrats, just as they do now, hate it when Marxism gives way to Freedom.
So do the Marxists themselves, such as the Chinese. Their nation is right on the verge of a move toward a form of Capitalism, even with a weak United States President like Barack Hussxein Obama in office.
Image what the future would hold for the Chinese People, if America was brought back to a Position of Strength.
The Great Wall probably would not be torn down…but, there probably would be some more doors installed in it.
Until He Comes,