President tells Fox host that cutting China could save hundreds of billions of dollars
Donald Trump said he did not speak to Chinese Prime Minister Xi Jinping during the coronavirus crisis – and that the United States could completely “sever” its relationship with China.
“I have a very good relationship,” he said. “But I just don’t want to talk to him right now.” I don’t want to talk to him. ”
The president was interviewed outside the White House by Fox Business’s Maria Bartiromo, who asked whether the U.S. should stop issuing visas to Chinese students studying hi-tech subjects, including quantum computing and AI. t.
However, Mr. Trump’s animation seems to lead largely to money and, in particular, to a trade agreement with Chinese trade.
“We can do a lot,” the president said, “we can do things, we can break the whole relationship. Now, if you did, what would happen? You can save $ 500 billion.
“Look at what point – and I’ve said this for years, I’ve said to other countries, China isn’t the only country that tears us apart.”
Mr Trump has long said that closing the trade deficit between the US and China could save $ 500 billion. However, the fact-checkers found this allegation to be false, as it both erroneously establishes the size of the deficit and applies only to goods, with the exclusion of trade in services – where the United States has a surplus.
U.S. investment in China is already being curtailed, albeit only gradually. This week, the U.S. government’s main pension fund, which manages hundreds of billions of dollars in assets for nearly six million workers, completed a plan to relocate investments to Chinese companies. Mr Trump complained that the move could jeopardize national security.
Ms. Bartiromo took the conversation back to the coronavirus after a long Trump clash about NATO.
Mr. Trump cut it off. – That’s not the big deal. The great thing is that they could never let that happen. So I’m doing a great deal, and now I’m saying, “I just don’t feel the same way about me.” The ink was barely dry and the plague came. And not the same for me. ”
Regarding all his complaints about China’s behavior, Mr Trump is concerned about the conspiracy theory that the virus escaped from a Wuhan virology laboratory – a theory that has been spread to the right by a better public in the absence of much evidence.
“Whether it’s from the lab or the bats, it’s all from China. And they should have stopped. They could have stopped at the source. I call it a source. ”
Ms. Bartiromo summed up the interview with a dull question.
“How are you going to partner with China if you can’t trust anything they say and do?”
“It can be hard to do,” Trump said. “She’s fine, she’s fine with me too. It may be hard to do, but that’s okay with me. “