Trump Orders U.S. Companies To Leave China And Look For Alternatives

On Friday, President Donald Trump told American companies that they are “hereby ordered” to start looking for alternatives to China.

The president was responding to news that China was hiking tariffs on U.S. products.  It was an unexpected move by China, and according to someone in the know, it took the White House by surprise.

So much for September talks between the U.S. and China to make progress in the trade war.

I want to know how many Democrats reached out to Chinese government officials and encouraged them to do this just to screw Trump in 2020.  Don’t get me wrong, I think Trump is doing the right thing because it’s high time we stop letting China screw us over in trade, especially now that they are definitely on the move to replace the United States as the world’s top superpower.  However, I put nothing beyond what Democrats will do against this president, even if it’s to the detriment of our country.

Trump met with U.S. trade officials in the White House Friday morning, including U.S. Trade Representative Robert Lighthizer and trade advisor Peter Navarro.

The president used an unfamiliar tone when speaking about Chinese leader Xi Jinping, who he normally talks about using friendly and respectful words.

Trump then asked, “who is our bigger enemy, Jay Powell (Chairman of the Federal Reserve Bank) or Chairman Xi?”

The president also pointed out that China has not lived up to its promise to stop shipments of fentanyl coming into the United States, and because of that he has ordered FedEx, UPS, Amazon and the U.S. Post Office to destroy any shipments from China containing fentanyl.

Another part of the problem dealing with China is their forced technology transfer policy where they make it mandatory for companies who wish to do business with them to hand over their proprietary technology.  In other words, they want relinquishment of their software source code, their business practice documents, basically anything they use to run their business.  That’s against UN policy, and we’ve been putting up with it for a long time.

It’s not yet clear how the president can legally order companies to come home, but he has, and will continue to make it easier for American companies to move their operations back to mainland USA.  Knowing Trump, he is warning companies that tariffs are going to increase in response to China’s reaction, which will in turn make it much more expensive to manufacture products in China.

In the end, China needs us much more than we need them.  We can manufacture our own cheap crap and sell to the world.  Right now, China has been devaluing their dollar (or Yuan) to make their goods cheaper to purchase, but the problem for the Chinese government is they are screwing their own citizens, because the devaluing of the Yuan is also reducing Chinese purchasing power.  The Chinese people can’t buy as much as they could before the devaluation of their currency, and the Chinese government is eventually going to have to deal with it.

Trump has them right where he wants them, which is why what they did comes as such a surprise.