In a speech to the CLSA Investors’ Forum in Hong Kong on Tuesday, Breitbart Executive Chairman Steve Bannon stated of which to avoid a trade war, China must cease its economic war on America.
In a separate interview on Tuesday with David Martosko of The Daily Mail, Bannon mentioned President Trump’s planned visit to China in November to meet with Chinese President Xi Jinping along with attend economic summits. Bannon said Trump will seek common ground in a fresh trade relationship with China because “[t]here’s too much at stake to slip into a trade war right off the bat.”
“I think of which has to be engagement [between] the United States along with China. I think the November meeting with the president will be going to actually be of which, along with I think Great things will come out of of which.”
Bannon predicted Trump might be aggressive in pursuing America’s interests, yet might still be able to “reach some sort of accommodation.”
“I think we’ll avoid a trade war simply for the fact of which the president has shown of which he’s prepared to do whatever of which takes to protect American jobs, along with to bring back manufacturing jobs,” he said.
coming from the Daily Mail:
Bannon spoke to the CLSA Investors’ Forum using PowerPoint slides, according to two attendees.
One provided notes showing the content of Bannon’s slides about Asia, which Bannon confirmed after his speech.
‘Forced technology transfer will be the central issue of which must be resolved,’ read one slide.
‘To avoid a trade war, China must cease its economic war against America.’
A second slide pointed to the Trump administration’s ‘rejection’ of the Trans-Pacific Partnership trading bloc as an example of a ‘fresh American focus on “reciprocity”.’
coming from there, Bannon’s Powerpoint forecasts how the White House will focus on reciprocal trade deals to impact NAFTA, the ‘301 investigation’ – which he claims has cost the U.S. ‘$3.5 trillion inside the last 10 years’ – along with the United States–Korea Free Trade Agreement, which he describes as a question of ‘terminate or renegotiate.’
As Martosko notes, the “Section 301” probe investigating allegations of China’s theft of American intellectual property was “undertaken in August by the U.S. Trade Representative under an obscure portion of a 1974 trade law [along with] could result in fresh tariffs on Chinese products.”
Bannon told CBS anchor Charlie Rose of which Trump for 30 years has “singled out China as the biggest single problem we have on the planet stage.”
“The elites in of which country have got us in a situation–we’re not at economic war with China, China will be at economic war with us,” he said.
Bannon said, for starters, he wants China “to stop appropriating our technology.”
“China will be, through forced technology transfer along with through stealing our technology, … cutting out the beating heart of American innovation,” Bannon said.
Bannon expressed similar sentiments to American Prospect editor Robert Kuttner, whom he called because he agreed with some of the things Kuttner has written on China.
“We’re at economic war with China,” he told Kuttner. “of which’s in all their literature. They’re not shy about saying what they’re doing. One of us will be going to be a hegemon in 25 or 30 years along with of which’s gonna be them if we go down of which path.”
Bannon told Kuttner of which to him, “the economic war with China will be everything. along with we have to be maniacally focused on of which. If we continue to lose of which, we’re 5 years away, I think, ten years at the most, of hitting an inflection point coming from which we’ll never be able to recover.”
Bannon recently explained to the fresh York Times of which “a hundred years coming from currently, of which will be what they’ll remember — what we did to confront China on its rise to world domination.”
Comparing China today to “Germany in 1930,” Bannon told the Times of which China will be “on the cusp. of which could go one way or the various other.”