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Big League Trade

President Trump Puts Multinational Corporations on Notice: ‘Start Looking for an Alternative to China’

Trump wants U.S. corporations to be more patriotic.

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President Donald Trump is rapidly escalating his trade war with China, and drawing a line in the sand for multinational corporations.

He laid down the gauntlet in a series of tweets from earlier today:

Trump’s strong words had an immediate impact on the stock market today, as it fluctuated downward as a result. Globalist lobbying groups like the National Retail Federation and the Chamber of Commerce are particularly perturbed and sounding the alarm about Trump’s demands from the capitalist class.

“The U.S. Chamber has been on the front lines of efforts to resolve these challenges through negotiation and encouraging tough action by the United States government,” wrote Myron Brilliant, Executive Vice President and Head of International Affairs for the U.S. Chamber.

“Despite our concerns, the 40-year old trade relationship between our two countries has been for the most part productive, constructive, and mutually beneficial. U.S. companies have been ambassadors for positive changes to the Chinese economy that continue to benefit both our people,” Brilliant added.

“For years, retailers have been diversifying their supply chains, but finding alternative sources is a costly and lengthy process that can take years,” said National Retail Federation senior vice president for government relations David French in a statement. “It is unrealistic for American retailers to move out of the world’s second largest economy, as 95 percent of the world’s consumers live outside our borders.”

Trump does not share the point of view with the corporate lobbyists, and wants multinational corporations to back him as he works to pull the American economy from China’s death grip.

The nation can not be great again without companies fully on board about putting America first. Economic patriotism is key, as FOX News commentator Tucker Carlson has explained on his titular TV show.

Trump and Carlson are correct. Corporations and companies must serve the American worker, not vice versa. It’s come time to pick a side, and either stand with the U.S. or stand with the ruthless Chinese communists.

Big League Trade

Chinese State Media Hack Cites CATO Institute To Defend Globalist Trade Policies

Politics makes strange bedfellows.

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An editor of a Chinese-government controlled media group cited a CATO Institute article to argue against Senator Josh Hawley’s criticisms of the World Trade Organization in a tweet on Tuesday, telling the Missouri Senator to “get educated” on the benefits the globalist trade organization supposedly provides.

Chen Weihua is the EU bureau chief of China Daily, a daily newspaper following in the mold of many Chinese media organizations in being entirely state-owned and affiliated with the Chinese government.

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It would nominally comes as a surprise that an operative of the Chinese Communist Party would cite the free-trade libertarian think tank’s rebuttal to Senator Hawley’s argument against the WTO, but politics makes for strange bedfellows. Both the Chinese government’s outsourcing-based economic model and western corporate elites cozy with CATO benefit from a continued regime of low trade barriers and free trade, placing the ideological libertarians and Chinese communists in the same camp on trade policy.

Senator Hawley had put Weihua on blast for propagandizing against the populist-right senator’s call to abolish the World Trade Organization and replace it with an economic nationalist and pro-worker alternative. The WTO has been a critical element in the outsourcing of millions of American jobs and vital national industry to China and other countries where cheap labor is plentiful.

Staunch America First advocates pushed back against Weihua and CATO’s defense of “free trade” with China, with economic nationalists arguing that the country should never even have been let into the WTO to begin with.

 

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