Vice President JD Vance reveals the Trump administration is considering several aggressive actions against China, including removing Chinese stocks from U.S. exchanges. Vance states they are 'looking at everything,' including tariffs, restricting Chinese stock exchanges, pushing back against intellectual property theft, and potentially expelling certain Chinese nationals. This comes amidst escalating tensions with China, fueled by President Trump's tariffs.
The Trump administration is contemplating stringent measures against China, including the removal of Chinese stocks from U.S. exchanges, according to Vice President JD Vance in an interview with FOX Business' Maria Bartiromo. Vance emphasized the need for a comprehensive approach, stating, 'We need to look at everything.' He further elaborated, 'We need to look at tariffs. We need to look certainly at some restrictive activities when it comes to their stock exchanges.
We need to look at ways of pushing back against intellectual property theft. We need to look at ways maybe of expelling certain Chinese nationals who are using our openness as a society to take advantage of the United States of America.'Vance's comments came during a time of heightened tensions with China, particularly in light of President Trump's tariffs. While Vance refrained from making any binding commitments on Trump's behalf, he disclosed that the president is actively considering various options as part of the administration's efforts to counter the perceived threat to the country. The White House announced on Saturday that the Trump administration would impose a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China. This move was aimed at holding these countries accountable for their commitments to curb illegal immigration and the flow of illicit drugs, including fentanyl, into the U.S.In response, Canada and Mexico promptly announced retaliatory tariffs. However, on Monday, a truce was brokered, with Trump and the Mexican president agreeing to a one-month suspension of tariffs on both sides. As part of the agreement, Mexico pledged to deploy 10,000 troops to the U.S. border. Trump further indicated on social media that he had spoken with Canadian Prime Minister Justin Trudeau and planned to engage in further discussions. Meanwhile, a spokesperson for the Chinese Foreign Ministry asserted that the unilateral tariff hikes blatantly violated World Trade Organization regulations and would not resolve the U.S.'s domestic issues or benefit either party, let alone the global community. China, the spokesperson claimed, has consistently demonstrated its commitment to counternarcotics efforts both domestically and internationally. The spokesperson emphasized that China was the first nation to officially categorize fentanyl-related substances as a class in 2019 at the U.S.'s request and has engaged in extensive counternarcotics cooperation with the U.S. The statement concluded by suggesting that the fentanyl issue primarily concerned the U.S. and that additional tariffs could hinder future collaboration on counternarcotics efforts.
TRUMP ADMINISTRATION CHINA STOCKS TARIFFS INTELLECTUAL PROPERTY INTERNATIONAL RELATIONS
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump and Xi Jinping Speak Ahead of Trump's InaugurationFormer President Donald Trump confirmed a phone call with Chinese President Xi Jinping discussing trade, fentanyl, and TikTok. Trump stated his expectation to solve many problems with China, including ensuring a peaceful and safe world. The call follows the Supreme Court's decision upholding a law that could lead to TikTok's ban in the US unless its Chinese parent company sells the app. Trump, who previously attempted to ban TikTok, has now pledged to save it and met with TikTok CEO Shou Chew recently. While Trump's inauguration will be attended by Chinese Vice President Han Zheng, Xi himself will not be present.
Read more »
Chinese President Xi Jinping will send a special representative to Trump's inaugurationChinese President Xi Jinping will not attend President-elect Donald Trump’s swearing-in ceremony, but he is sending Vice President Han Zheng as his special representative.
Read more »
Chinese President Xi Jinping will send a special representative to Trump’s inaugurationWASHINGTON (AP) — Chinese President Xi Jinping will not attend President-elect Donald Trump's inauguration, but he is sending Vice President Han Zheng as
Read more »
Trump says he spoke to Chinese President Xi Jinping on FridayAlexandra Marquez is a politics reporter for NBC News.
Read more »
Panama President Rejects Canal Return to US Control, Clashes with Trump Over Chinese InfluencePanamanian President José Raúl Mulino firmly rejected any negotiation to return the Panama Canal to US control, calling it a matter of national sovereignty. Mulino's statement came ahead of a visit by US Secretary of State Marco Rubio, who is focused on addressing the surge of migrants crossing the Darién Gap and concerns about Chinese influence in the region. Mulino denied claims of Chinese military presence in the canal and accused Trump of 'abusing' the canal.
Read more »
Mexico President Sheinbaum has dig at President-elect Trump over 'Gulf of America'Mexico's president on Wednesday responded sarcastically to Donald Trump's proposal to change the name of the Gulf of Mexico to the Gulf of America.
Read more »