A solid chunk of President Trump's latest sit-down interview with one of his favorite reporters - the OG "money honey" Maria Bartiromo - was devoted to the president's latest belligerent musings about China, the latest in an escalating tit for tat as at least one hedge fund titan subtly warns that 'World War III' between the US and China might be a tail-risk worth hedging against.
Asked about the US-China bilateral relationship, Trump replied "we could cut off the whole relationship," saying the US "could save $500 billion" by doing so. For those who don't understand the significance of this last remark, it's a reference to cancelling some of the massive pile of Treasury debt held by China. Rates have continued to drop even as China has dumped a large chunk of its US foreign-exchange holdings, which has prompted some economist know-it-alls to insist that the Fed could simply soak up the entire slug of debt held by China, dismissing the risk of a destabilizing spike in interest rates.
After that, Trump launched into a tangent about NATO before Bartiromo managed to bring him back to the topic at hand. Moving on, she pressed Trump about whether he's raised any of these complaints with President Xi, with whom he has reportedly spoken at least one time since the beginning of the year.
Trump waved away the suggestion, saying he hasn't spoken to Xi recently and seemed to suggest he doesn't plan to. He added that China had "called" about the trade deal today and yesterday (the two sides reportedly held a virtual meeting last week). But with China, unfortunately, "you can't have an even deal"...seeming to suggest once again that the "Phase 1" trade deal is as good as dead, even as China ramps up its agriculture purchases.
Pro-Beijing tabloid the Global Times responded to the interview almost immediately, urging China to take "tougher countermeasures" against the US's recent "provcations."
"China needs to take tougher countermeasures against the US, given the latter's recent hyped up provocations, including accusing China of stealing US COVID-19 vaccine information, experts and Chinese netizens said."
Meanwhile, the paper's editor, a prominent CCP mouthpiece, hinted at the possibility of an armed conflict.
I am asked a lot recently: Will a war break out between China and the US? My answer: The two countries increasingly dislike each other, various conflicts are rising, therefore, risk for a military clash is increasing. But meanwhile, they both don't want a war. Am I right?
Shortly after Trump's interview aired on Fox Business, former Alphabet Chairman Eric Schmidt appeared on CNBC's "Squawk Box" to rebut Trump's comments in an obvious attempt to signal to the national party that Silicon Valley still values its business relationship with the mainland, even if the political climate in the US appears to be turning.
Trump setting the stage for wartime retaliation against communist China regime for launching biological weapon attack against the United States
Mike Adams
President Trump and top Trump administration officials are setting the stage for wartime retaliation against communist China for China’s launching of biological warfare against the United States. The goal of this effort is to cause the collapse of the communist regime, which is widely known as the most evil, dishonest and malicious government on the planet.
Trump setting the stage for wartime retaliation against communist China regime for launching biological weapon attack against the United States
Mike Adams
President Trump and top Trump administration officials are setting the stage for wartime retaliation against communist China for China’s launching of biological warfare against the United States. The goal of this effort is to cause the collapse of the communist regime, which is widely known as the most evil, dishonest and malicious government on the planet.
Now, President Trump has correctly described the Wuhan coronavirus attack as a “Pearl Harbor” against the United States, saying, “This is worse than Pearl Harbor. This is worse than the World Trade Center.” That’s important language to recognize, because it’s the language of war. Similarly, in numerous White House pandemic press briefings, Trump has referred to the pandemic as a “war.”
Now, we can add Peter Navarro’s comments to the mix, with Navarro saying recently on Fox & Friends:
“We are at war, make no mistake about that. The Chinese unleashed a virus on the world.”
The rhetoric against China from both Republicans and White House officials has become especially accusatory in recent days.
This is on top of Secretary of State Mike Pompeo repeatedly insisting there is “enormous evidence” that the Wuhan coronavirus was engineered in a Chinese lab. He also warns that China tried to hide the origins of the virus.
It’s all leading up to war against China
The upshot of all this is that Trump and his top officials are setting the stage for retaliatory action against China. Any form of retaliation would be justified under the truth that China launched the first attack wave against the United States by releasing the Wuhan coronavirus and then deliberately spreading it around the world, including to the United States.
The bioweapons attack has caused trillions of dollars in economic damage in the United States alone, and it has killed hundreds of thousands of people around the world — a number that will almost certainly turn to millions of deaths once the virus completes its rampage across Africa, Mexico and South America.
When attacked with a weapon of mass destruction from an enemy nation, the United States has many options for retaliatory strikes:
- Economic weapons such as embargoes and trade restrictions.
- Financial weapons such as nullifying US Treasuries held by China.
- Geopolitical weapons such as increasing weapon funding and supply for Taiwan.
- In an even more enticing scenario, the USA could end its official recognition of China and switch its recognition to Taiwan as the rightful China.
- Cyber weapons, including cyber attacks on China’s infrastructure.
- Kinetic weapons, including targeted cruise missile strikes on China’s virology labs.
- Nuclear weapons, which might include tactical nukes that target communist government strongholds.
What’s clear is that before war is initiated, a war of words is used to establish the justification of the real war to follow. And that war of words is what we’re seeing now from Navarro, Pompeo and Trump himself. It’s a strong indication that acts of war are in the works and might be deployed without warning.
My recent interview with JR Nyquist provides further evidence that war with China may be imminent:
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