- Joined
- Dec 1, 2020
- Messages
- 7,133
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- 32,915
Honestly bro, Trump was making executive power moves in a very unilateral fashion and wasn't interested in Pelosi's input or assistance. She was actually on board with the trade war on the CCP in principle, but firmly opposed to the simultaneous actions against the EU, Canada and East Asian allies. I don't know how people missed this.
Dear Chinese Government, The Democrats Won't Save You
5 November 2018
If Beijing thinks that a House flip on Tuesday is good news for them in this trade war with Trump, they are in for a rude awakening. Sorry, China, the Democrats won’t save you.
Here is what Pelosi thinks about China tariffs: “The report of the USTR investigation on China’s intellectual property theft is a good first step, but far more is need to confront the full range of China’s bad behavior. Beijing’s regulatory barriers, localization requirements, labor abuses, anticompetitive ‘Made in China 2025’ policy and many other unfair trade practices require a full and comprehensive response. The tariffs announced today should be used as a leverage point to negotiate more fair and open trade for U.S. products in China.”
This from a woman whose district in the state of California has seen a marked increase in trade with China. She both knows the economic benefit of China and the impact China trade has had on blue-collar labor, as well as on the intellectual property often created in the Bay Area she represents. It’s true that governors and business representatives like doing business with China, but Washington is another animal with quite a different mindset.
The Democrats Won't End Trump's China Trade War
2 January 2019
The Democrats take over the House of Representatives this week. The bulk of their power will be used to block Trump any which way. The one roadblock they won’t set up, however, is ending Trump’s trade war with China.
For starters, new House leader Nancy Pelosi is a China skeptic. It is unclear if any of her Bay Area constituents can flip her on this (NoDak: lmao). Pelosi was a critic of China’s joining the World Trade Organization - a move pushed by President Bill Clinton - and she thinks China is a headwind for American workers. Even before the ballots were counted in the midterm races on November 6, Reuters reported that the one thing Trump and a Pelosi-led House can agree on is beating up on China.
Meanwhile...
The Magnitsky Act is a bipartisan bill passed by the U.S. Congress and signed into law by President Barack Obama in December 2012, intending to punish Russian officials responsible for the death of Russian tax lawyer Sergei Magnitsky in a Moscow prison in 2009 and also to grant permanent normal trade relations status to Russia. Since 2016, the bill, which applies globally, authorizes the U.S. government to sanction those it sees as human rights offenders, freeze their assets, and ban them from entering the U.S.[1]
