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.

Federalism Isn’t a Relic — It’s America’s Political Shock Absorber

The resistance movement in Minneapolis is a glimpse of future conflict over the expansion of federal power, federalism, and the essential role of states.

Republican Voter Surge Shocks!

"Young and minority Americans, including Gen Z and Gen Alpha, are shifting from left to right, influenced by figures like Kirk, Presler, and Minaj."

John Fetterman, The Last Moderate Democrat

Sen. John Fetterman has emerged as a moderate Democrat, breaking with his party on voter ID, Israel, DHS funding, and other key policy issues.

Ghislane Maxwell’s 9/11 ‘Shadow Commission Invitation’

Why was socialite Ghislaine Maxwell — not an engineer, security expert, official, or even American-born — invited to a secret 9/11 shadow commission?

America’s Most Sacred Right: The Vote

If you are an American citizen, it is imperative that you understand that the right to vote is the most important right you possess.

2 High-Profile Transgender Surgery Cases Head to Trial

Two high-profile detransitioner cases involving women surgically altered as teens are headed to trial in 2027, raising legal and medical questions nationwide.

New Research Suggests Cause of Rare Blood-Clotting Side Effect From COVID-19 Vaccine

New research published in The New England Journal of Medicine suggests the cause of a rare blood-clotting side effect came from the COVID-19 Vaccine.

Fed’s Bowman Signals New Mortgage Capital Rules for US Banks

The Federal Reserve plans to release a revised Basel III Endgame framework, potentially introducing new mortgage capital rules for U.S. banks.

Trump Says US Helicopter Pilots Were ‘Hit Pretty Bad’ During Maduro Raid

Trump said U.S. military pilots were “hit pretty bad in the legs” during a mission last month in Venezuela that led to the capture of Nicolás Maduro.

DOGE Says It Helped Terminate Billions of Dollars in New Contracts

DOGE helped terminate hundreds of contracts in the past month or so, providing the first public update on its work in more than a month.

Trump Admin Unveils Maritime Action Plan to Revive US Shipbuilding

The Trump administration unveiled a comprehensive Maritime Action Plan on Feb. 13 meant to resurrect the U.S. shipbuilding sector.

Trump Says US Military ‘Best-Trained, Best-Equipped’ Under His Administration

President Donald Trump highlighted military successes and investments during a speech to soldiers in Fayetteville, North Carolina.

Trump Says 2nd Carrier Group to Middle East Will Be Leaving Soon

Trump told reporters he is sending a second U.S. aircraft carrier strike group to the Middle East, in case ongoing negotiations with Iran fall through.
spot_img

Related Articles

Popular Categories

MAGA Business Central