America’s Retreat by 1,000 Small Steps
13th July 2022
- Thanks to a Treasury Department “interpretation,” Americans can still own stock in companies that were placed on a blacklist by the Trump administration because of their direct ties to the Chinese military.
- Thanks to the Biden administration, the “China Initiative” at the Department of Justice to crack down on Chinese attempts to acquire or steal American technology has been discontinued.
- Thanks to the Biden administration’s “green energy” enthusiasm, tariffs on solar panels made by Asian countries who are assembling or repackaging solar panels made in China were removed.
- The Biden administration has also signaled its intention to remove or lift other tariffs imposed by the Trump administration on Chinese products. It has also been friendlier toward Chinese companies such as Huawei and ByteDance (owner of TikTok) in recent weeks.
- And all of this has been done with zero concessions from the Chinese government on any of the outstanding diplomatic, military, strategic, health or trade issues that so concern most Americans.
- Because the Biden family has been so deeply involved and so vehemently denied their involvement with Chinese business, the next question is as inescapable as the first: Does the flow of money to the Biden family from China influence the foreign policy of the United States?