Panel Warns of ‘Chinese Subversion’ of US Economy

5Mind. The Meme Platform
The Epoch Times Header

House Intelligence Committee member LaHood: Trump’s tariffs ‘got the attention of the Chinese’

Speakers including Rep. Darin LaHood (R-Ill.), a member of the House Permanent Select Committee on Intelligence, discussed potential costs and benefits of decoupling from China at a June 14 American Enterprise Institute (AEI) forum dedicated to countering “Chinese subversion.”

“China has a plan to replace us—but we are tied to them economically,” said LaHood, who suggested that the countries were moving toward a “Cold War mentality.”

“I’m not generally a fan of tariffs, but the tariffs that were implemented by President Trump got the attention of the Chinese,” LaHood said when asked about China’s continued financial dealings with Russia in the midst of U.S. sanctions against that country.

“There is a consensus that we can’t have business as usual—but … there is not a consensus about what to do,” said Derek Scissors, a senior fellow at AEI.

He drew attention to the economic costs of doing business with China, such as intellectual property theft.

“You’re a target just as much as you are a partner,” he said. “Xi Jinping isn’t going to leave, and he isn’t going to change.”

While Scissors struck a more aggressive tone than LaHood on the necessity of decoupling, he sounded less than hawkish on the prospect of a confrontation on the fate of Taiwan.

“If we were to get into a conflict with China over Taiwan, the damage caused by the Russian invasion of Ukraine to supply chains would be dwarfed in comparison—and I’m not sure the U.S. is ready for that,” he said.

James Palmer, a deputy editor at Foreign Policy, argued that Chinese barbs directed at the United States could reveal real vulnerabilities—for example, our dependence on rare earths that are mined and processed in that country.

“We should be acting to re-shore those chains in a much more serious way,” he said.

Adolfo Urso, a leader of the Italian parliament’s intelligence committee who served in the government of former Prime Minister Silvio Berlusconi, made similar comments during the panel discussion.

Speaking through a translator, he argued that the West must ensure that strategic technology, including “green technology,” becomes concentrated in friendly hands.

By Nathan Worcester

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

2026: No charge required

Republicans are famous for their ability to snatch defeat from the jaws of victory as those acquainted with history know all too well.

What if Somali Fraud is About More than Votes?

What if Somali public aid abuse is more than vote-buying? Could it be a money-laundering scheme with Democrats and mainstream media skimming profits?

Bioterror Roundup: ‘Vax Pac’

Democrat dark money machine ActBlue opened spigot, urging boosted liberals to “debunk disinformation” by donating to Democrats amid vaccine debates.

The CIA Is Manipulating Trump Against Putin

Russia’s military intelligence shared drone route data with a US attaché, saying it proves the target was Putin’s presidential residence in Novgorod.

Shirley’s Somali Fraud News Story Explodes!

Several days ago we reported on independent journalist Nick Shirley, a 23 year old man who created a viral video exposing the fraud in Minnesota.

Somali Americans Face Audits for Potential Immigration Fraud

Gaining citizenship via fraud is grounds for denaturalization, said a federal official amid investigations into scams in Minnesota.

FBI Thwarts ISIS-Inspired New Year’s Eve Terror Plot in North Carolina

The FBI said it foiled an ISIS-inspired New Year’s Eve terror attack in North Carolina. Suspect Christian Sturdivant, 18, was arrested and charged.

New Year’s Gas Prices 23 Cents Cheaper Than a Year Ago in US

American drivers began the new year with further relief at the gas pump, as national average gasoline prices continued to edge lower.

SBA Suspends 6,900 Minnesota Borrowers Over Potential COVID-19 Loan Fraud

The SBA has suspended 6,900 Minnesota borrowers amid suspected fraudulent activity in the state’s pandemic-era loan programs, SBA Administrator Kelly Loeffler said.

Trump Vows to Intervene if Iran Kills Protestors

President Donald Trump on Jan. 2 vowed to come to the aid of protesters in Iran if they are killed by the regime in Tehran.

Trump Says Minnesota Fraud Investigation Only the Start, Suggests Other States Next

President Trump said his administration is going to continue to target alleged social services fraud in Minnesota, but said that it’s worse in other states.

Homeland Security Looks to Fast-Track Demolition of Dilapidated Buildings in DC

DHS is seeking an emergency demolition of historic buildings in the nation’s capital. “This is about safety,“ DHS Asst. Sec. Tricia McLaughlin said.

Trump Hosts Netanyahu at Mar-a-Lago for Bilateral Discussions

President Trump welcomed Israeli PM Netanyahu to Mar-a-Lago in Palm Beach, Florida, on Dec. 29 to discuss Gaza, Iran, Syria, and other matters.
spot_img

Related Articles

Popular Categories

MAGA Business Central