September 08, 2017

David Goldman: How China holds American companies hostage

Ezra LevantRebel Commander

On last night's show, Asia Times columnist David P. Goldman joined me to discuss Steve Bannon leaving the White House, and American trade with China.

Bannon understood that the rise of China posed a great threat to the United States, American companies are happy to give away their knowledge to China so they access their 1.5 billion customers. It's one of the reasons Trump campaigned on renegotiating trade deals that didn't benefit the United States.

WATCH my video to see why David thinks American manufacturing jobs moving to China will weaken the defensive capabilities of the United States.

Comments
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commented 2017-09-08 18:37:58 -0400
How about a story about what’s happening at the Quebec/US border? The MSM has been silent for a few weeks. Like gas companies conspire to fix prices, the MSM conspires to bury bad news.
commented 2017-09-08 17:57:14 -0400
And look at how passively we/our government stands by while they steal our technology.
commented 2017-09-08 17:47:39 -0400
William Elder goddamn right. The left and too many on the right are to stupid to see this while they demonize a president who is trying to make changes.
commented 2017-09-08 17:12:27 -0400
How about a story on how Rotten Potato Trudeau volunteered to be China’s hostage and give away Canada.
commented 2017-09-08 13:31:06 -0400
You can blame China all you want but it won’t negate the fact they are simply opportunistic beneficiaries of disasterous public and economic policy our political class has evoked in the past 4 decades.

They made it so onerous to mass produce here through tax and regulation innovators were forced to go off shore where none of these disincentives exist. The key to mass production is low production costs to maximize market out put – nowhere is this more true than in innovative consumer electronics – phones, video, PCs – we would have none of these leading edge items (they would be unaffordable to us because of cost of production) if they had to be manufactured here.