Secretary Wilbur Ross Discusses Moving Manufacturing Out of China…

U.S. Commerce Secretary Wilbur Ross appears with Maria Bartiromo to discuss Taiwan Semiconductor Manufacturing Co. (TSMC) building an advanced chip factory in Arizona.

Additionally, Wilburine also highlights new moves by the commerce dept. amending its longstanding foreign-produced direct product rule and the Entity List to narrowly and strategically target Huawei’s acquisition of semiconductors that are the direct product of certain U.S. software and technology.

This entry was posted in Auto Sector, Big Government, China, Economy, media bias, President Trump, Trade Deal, Uncategorized. Bookmark the permalink.

96 Responses to Secretary Wilbur Ross Discusses Moving Manufacturing Out of China…

  1. Martin says:

    China has made it a survival tactic to steal intellectual property. Locating here, where Democrats are even closer to their carrot, must not mean we still get the stick. Not that the ChiComs have a corner on industrial espionage.

    Like

    • iwasthere says:

      The don’t need industrial espionage when you build a plant in China. When you train the China work force you give them the best IP of all – know how.

      Liked by 7 people

    • Robert Osterhout says:

      The company is from Taiwan, not China.

      Liked by 1 person

      • sunnydaze says:

        I know, weird, right?

        Ask a question about PRC, get an answer about Taiwan.

        Hoping maybe Wilbur “misheard” the question. He’s usually pretty good.

        Like

        • Harvey Lipschitz says:

          I can open my company files and notice a lot of Taiwan headquartered companies which run plants in China.

          Foxxconn Taiwan

          Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group

          ‎803,126 employees.They are Taiwan and run massive plants in China building Apple and many other top brand products.
          They announced building a LCD factory in Wisconsin 13,000 workers and reducing Chinese footprint.

          Secretary Wilbur Ross understands what he is saying.

          Liked by 3 people

          • sunnydaze says:

            But, if I’m understanding what you said, they are Taiwan Companies that have plants in China. (maybe I’m misunderstanding you)

            So….they would not be PRC Companies, they are Taiwanese Companies.

            I’ve got no problem w/ Taiwan doing whatever Taiwan thinks is right for itself. I just don’t want stuff that is sourced out of China coming into the U.S.- especially stuff that is ingested, like pharmaceuticals, and , unfortunately, food. I say unfortunately cuz Chinese food is the BEST, IMO!

            Like

    • Dutchman says:

      From CCP ‘point of view’ they have no choice but to steal IP, for their survival.

      Conmunism MUST cheat, cause it can NOT compete.

      In the case of IP, we’re talking about INNOVATION. And CHINA, run by the CONmunist party, uses all their innovative thinkers as Organ Donors.

      Seriously, the same kind of innovative thinker that would come up with “the next big thing”, would question the political system in CHINA, and the CCP ruthlessly suppresses any such thought.

      So, they MUST steal the innovative ideas (IP) developed by others. The,U.S. has, traditionally been a major source for new innovations, in part because our system of inherent, God given liberties ENCOURAGES innovative thought, EVEN when it questions the powers that be, i.e. the government.

      Conmunism can NOT compete, with ‘free market capitalism, which includes extensive personal liberty.

      Hence, they MUST Cheat. They will ALWAYS, INVARIABLY cheat, reneg, steal and lie. It is the Conmunist way.

      So long as CCP is in charge of China, the only way to ‘deal’ with China,…..
      Is DON’T.

      PDJT has known this, all along and the Who-flu only strengthens his hand, in the long run.

      They attempted to ‘fire a shot, across our bow’, but misfired, putting a hole in their own boat, below the waterline.

      Liked by 7 people

      • nattyrem420 says:

        Steve Bannon is the China expert. Whispers of him frequenting the WH on the regular these days are getting louder.

        Like

      • nats1mom says:

        Dutchman, IMO, perfectly stated. Thank you.

        Like

        • Dutchman says:

          There are 3 inherent weaknesses in Conmunism, which make it impossible for it to compete, on an ‘equal footing’ with free market capitalism
          Firstl, as already discussed, it suppression of ANY innovative thought.

          Secondly, inherent CORRUPTION. While free market capitalism is NOT ‘free’ of corruption, it normally tends to be exposed and expunged, periodically. The rampant corruption we see today is largely the result of a sustained effort BY CCP, WORLDWIDE, to USE corruption to further its goal of World domination.

          Thirdly, the inherent inefficiency of a Conmunist, central controlled economic model.

          Reagan said he KNEW his plan for ending the USSR would work, when he read a report on Soviet wheat production.

          The Soviets produced enough wheat to feed themselves, but every year (and this had been going on for many years) they lost 1/2 of the wheat, because the trucks that transported the wheat from the farms to the granaries, were not TARPED!

          1/2 their wheat crop blew out of the trucks. But, it wasn’t the farmers, or the truck drivers, or the granary operators responsibility to address the problem.
          It was some faceless buerocrat in Moscow, who was sitting on the requests for tarps.
          “NOT my job” is endemic in such systems.

          Liked by 2 people

          • Snellvillebob says:

            It was a combination of things. We also vastly outspent them militarily. But my favorite is a Russian KGB officer reading how the Americans were not purchasing personal computers with printers (printing presses), then looked up and saw the Two armed guards and a chekist guarding the office Xerox machine.

            Like

            • Dutchman says:

              Many mispercieve what Reagan did as an “arms race”, being distracted by the ‘big hairy (and expensive) WEOPONS systems.

              They were just the vehicle, to get USSR to compete. Because our system is more efficient, and encourages innovation, we could continue not only to come up with innovative new, complicated systems, but we could AFFORD to develop them.

              We had enough $, ‘left over’ (so to speak) after feeding our people, and other necesities, to have $ to finance these big hairy weopons systems.
              Soviets didn’t have the innovation, but more important couldn’t ‘afford’ to keep spending a portion of GDP, of their ECONOMY, on big hairy weopons systems, to counter OUR BHWS.

              Vital to understand, because,CHICOMS watched this, and learned, even as they inherited the mantle of State sponsor of Conmunism, AND worldwide network of markist embeds.

              Seeing they were vulnerable in the same way as USSR, to an ‘economic attack’, they preemptively began to wage economic war against the U.S., which is how we got to where we are,…

              Liked by 1 person

            • Snellvillebob says:

              “Not purchasing” meant to be “Now purchasing”.

              Like

          • Beigun says:

            Take out “Communist” and replace it with “North East Asia” and you can then describe the Japanese “Economic Miracle” of the 1960-80s or the rise of the South Korean economy under single party rule until the 1980s. Oh, and add single party rule to Taiwan until the 1980s as well.

            My point is that it took all of NE Asia to decimate the American Middle Class with 100 years of cumulative consecutive trade deficits (65 years with Japan, 30 with Korea, and 20 with China). BTW, you will not find much of American manufacturing in the region as the notion of “import one, export many” is the main economic philosophy there. Japan and Korea already had their fill of American IP when we let China into the WTO. NE Asia countries are the “Fat Cats” that we defend by safeguarding oil from the Middle East to Shanghai, Pusan and Yokohama while they export red ink to the USA.

            Bring home our industries! And bring home our boys and gals defending the “Fat Cats” of Asia so we can build a Fortress America!

            Like

            • Dutchman says:

              There certainly are parallels, but also differences.
              I fall back on my childhood, when at 5-7 y.o., we would immediately check any new toy we were given, for point of origin.
              “If its Jap, its crap!” we said in our innocence.
              And yet, by my teenage years, I was stealing “high end” stereo systems, made by Sony,..and Japanese cars moved from cheap knock offs of British designs, to reliable autos.

              Point is they started off producing cheap crap, but IMPROVED the quality.
              China is still producing cheap crap, made from adulterated raw materials, 30 years later.
              THATS the Conmunism difference, and it ain’t “racial” cause thruout their history, the Chinese PEOPLE have been innovative, and capable of producing unbelievable quality.

              Soviet Union, Venezuela, anywhere Conmunism develops, the story is the same. Innefficientcy, poor quality, indemic corruption, and suppression of innovative thinking.

              But yes, we are the only country in the World, capable of producing everything we need.
              We are by far the LARGEST consumer of products, while in no way close to the largest in population.
              EVERYONE wants access to OUR markets, and yet we don’t charge a tariff to allow them to sell here,…and yet they ALL charge large, punishing tariffs on OUR products selling in THEIR Countries!

              Its insane, and its OVER under PDJT.THANK GOD!

              Liked by 4 people

            • Dutchman says:

              There certainly are parallels, but also differences.
              I fall back on my childhood, when at 5-7 y.o., we would immediately check any new toy we were given, for point of origin.
              “If its Jap, its crap!” we said in our innocence.
              And yet, by my teenage years, I was stealing “high end” stereo systems, made by Sony,..and Japanese cars moved from cheap knock offs of British designs, to reliable autos.

              Point is they started off producing cheap crap, but IMPROVED the quality.
              China is still producing cheap crap, made from adulterated raw materials, 30 years later.
              THATS the Conmunism difference, and it ain’t “racial” cause thruout their history, the Chinese PEOPLE have been innovative, and capable of producing unbelievable quality.

              Soviet Union, Venezuela, anywhere Conmunism develops, the story is the same. Innefficientcy, poor quality, indemic corruption, and suppression of innovative thinking.

              But yes, we are the only country in the World, capable of producing everything we need.
              We are by far the LARGEST consumer of products, while in no way close to the largest in population.
              EVERYONE wants access to OUR markets, and yet we don’t charge a tariff to allow them to sell here,…and yet they ALL charge large, punishing tariffs on OUR products selling in THEIR Countries!

              Its insane, and its OVER under PDJT.THANK GOD!

              Like

              • Tornarosa says:

                Boy! you can say that again Dutchman. America is surely three times blessed. A beautiful topography and temperate climate, self-sufficient in ALL of our needs if we so choose. Nestled between two big ponds that make invasion nearly impossible, And our champion, President Trump who understands the blessings of Freedom

                Liked by 1 person

          • rashomon says:

            ALL politics is local. Lack of food tops military every time.

            Like

      • konradwp1 says:

        But the lesson from history is that cheating and stealing in the areas of science and technology ultimately doesn’t lead to survival.

        This was a critical factor in the fall of the USSR. Their espionage against the US and allies was cheaper than running their own science and development programs. They became dependent on stealing technology to keep pace with the US, while their ability for independent research withered.

        Regan exploited this with his “Star Wars” program. It cost suprising little compared to what it cost the USSR in their panic to rebuild their own research and development systems. One of the interesting things about “Star Wars” is that amongst the advisors were science fiction writers. Half the surge of technological advances claimed were internationally exaggerated and even faked. The USSR were financially destroying themselves chasing chimeras.

        If US high tech manufacturing abandons China, they will face crippling economic impacts in trying to switch from theft to local research and development.

        Liked by 1 person

        • Dutchman says:

          Yup,….but ‘we’re not about regime change, we just want China to play by the rules!’

          The catch in that is that CCP can not maintain their system of governance, if they play by the rules….
          Neither can the EU. Both have structured their systems, so they are utterly dependant on screwing us.

          Therefore, DJT in the Oval office, is an intrinsic, inherent threat to the CCP, AND to the current ‘rule’ in Europe.

          But, we’re not about REGIME change,….lol.

          Like

      • Pale rider says:

        I’m more to the opinion that Trump grabbed the harmless arrow they shot at us and stuck it under his arm, waved his arms around saying “they shot me they shot me”.
        China is not done and they are willing to kill as many as needed on both sides. This ‘pandemic’ just woke a sleeping giant. A population who didn’t understand what president Trump was trying relentlessly to explain.
        IMO it explains a paid for pandemic and crazy counting on the numbers. We end up with less deaths than a flu and burning desire to get out and away from China. China just got isolated?? How can he achieve that without huge negative consequences from the congress? He just did and better yet, they all agreed.
        It also explains why Pelosi and the rest want their payoffs. They know what just happened.
        Now if they tell me I have to get vaccinated to keep my job, then I’m wrong and will admit it willingly.

        Like

        • Dutchman says:

          Given the massive shutdown of the perfect economy he spent 3 years creating, AND that almost every other country ALSO shut down,…and that hospitals in some countries WERE overwhelmed, I don’t think he grabbed a harmless arrow.

          I do think this was a real desperation move, a hail mary by CCP, which means the tariffs are biting, and they detirmined they can NOT survive 4 more years, AND their minions here are NOT going to be able to prevent his reelection.

          You know your over the target, when the flac is thickest!

          Liked by 1 person

    • sturmudgeon says:

      This is exactly the way in which the U.S.A. has been “worked”: (it is a lengthy post)

      From Italy…… What Happened? A Must read

      Posted on April 1, 2020 by Paul Vallely

      ITALY’S COMMUNIST RECIPE FOR DISASTER

      Published March 24, 2020 | By Giacomino Nicolazzo

      (Giacomino Nicolazzo is one of Italy’s most beloved writers. Born and raised in Central Pennsylvania, he lives in a small village in Lombardy where he writes his books.)

      Montecalvo, Lombardy, Italy. As I sit here in my involuntary isolation, it was just reported that overnight 743 more people died and 5,249 new cases have been reported. This brings the total cases of infection to 69,176 and the body count to 6,820. We take relief in knowing that 8,326 people have recovered so far. (Numbers as of 3/24, 8:30pm in Italy.) Most towns here in Italy, from the upper reaches of the Alps to the ancient shores of Sicilia and Sardinia, while not deserted, are closer

      to being ghost towns than the bustling centers of tourism, business and daily life they were just a few weeks ago.

      Stores and shops have been shuttered. Restaurants and coffee shops no longer serve customers. Schools, universities, sporting arenas…even our museums and theaters…all closed. Even the Vatican City has closed its gates and armed patrols monitor the 20 foot tall walls that protect it! Streets and roads are now empty for as far as the eye can see. Normally they would be filled with crazed Italian drivers in tiny cars and scooters (the ones that sound like demonic insects), darting here

      and there, reaching the limits of centrifugal force on our roundabouts. In the piazze of our towns and cities, there are now officially more pigeons than people.

      Many of us know someone, who has been infected and recovered. Some of us know someone, who did not recover…now they are dead. But everyone knows someone, who has been affected by this microscopic monster in one way or another. Sixty million of us are in lockdown…it is like a war zone here. We are being held prisoner in our own homes by an unseen enemy that sneaked in unnoticed…by most of us. As you will read in just a few more minutes, there were those, who knew something like this was coming…or at least they should have.

      So who is to blame? With all this craziness swirling like a whirlpool at our feet, I just had to find the blame answer. And so I have spent my free time (of which I have a lot in these days) digging and researching. I was literally shocked to discover how this has come to be. I am not going to bore you with talk of Patient ‘zero’, who spread it to Patient ‘1’ and how mathematics efficiently explains the rapid expansion of infection. No…I am going to tell you how (as I see it) the virus came to Italy.

      It has everything to do with communists. Allow me to explain.

      Beginning in about 2014, Matteo Renzi, the imbecile ex-mayor of Firenze (Florence), acting as the leader of the Partito Democratico, (synonymous with the Italian Communist party), somehow managed to get himself elected as Italy’s Prime Minister. To give you a proper frame of reference, Matteo Renzi was so far left, he would make Barack Obama look like Barry Goldwater! At the same time that Renzi was leading Italy into oblivion, strange things were happening in Italy’s economy. Banks were failing…but not closing. Retirement ages were being extended…for some reason the pension funds were dwindling or disappearing. The national sales tax

      we call IVA (Value Added Tax) rose from 18% to 20%, then to 21% and again to 22%.

      And in the midst of all this financial chicanery, the Chinese began furiously buying up Italian real estate and businesses in the North. Now the reason I mention, Renzi and the Chinese together is that strange things were also going on between the governments of Italy and China. A blind eye was being turned to the way the Chinese were buying businesses in the financial, telecommunication, industrial and fashion sectors of Italy’s economy, all of which take place in Milano.

      To be brief…China was getting away with purchases and acquisitions in violation of Italian law and EU Trade Agreements with the US, and the UK…and no one in either of those countries (not Obama in the US or Cameron in the UK) said a thing in their country’s defense. As a matter of fact, much of it was hidden from the public in all three countries.

      In 2014, China infused the Italian economy with €5 billion through purchases of companies costing less than €100 million each. By the time Renzi left office (in disgrace) in 2016, Chinese acquisitions had exceeded €52 billion. When the dust settled, China owned more than 300 companies…representing 27% of the major Italian corporations. The Bank of China now owns five major banks in Italy…all of which had been secretly (and illegally) propped up by Renzi, using pilfered

      pension funds! Soon after, the China Milano Equity Exchange was opened and much of Italy’s wealth was being funneled back to the Chinese mainland.

      Chinese state entities own Italy’s major telecommunication corporation (Telecom) as well as its major utilities (ENI and ENEL). Upon entry into the telecommunication market, Huawei established a facility in Serrate, a suburb of Milano. It launched is first research center there and worked on the study of microwaves, which has resulted in the possibly-dangerous technology we call 5G.

      China also now owns controlling interest in Fiat-Chrysler, Prysmian and Terna. You will be surprised to know that when you put a set of Pirelli tires on your car, the profits are going to China. Yep…the Chinese colossus of ChemChina, a chemical industry titan, bought that company too!

      Last but not least is Ferretti yachts…the most prestigious yacht builder in Europe. Incredibly, it is no longer owned by the Ferretti family.

      But the sector, in which Chinese companies invested most, was Italy’s profitable fashion industry. The Pinco Pallino, Miss Sixty, Sergio Tacchini, Roberta di Camerino and Mariella Burani brands have been acquired by 100%.

      Designer Salvatore Ferragamo sold 16% and Caruso sold 35%. The most famous case is Krizia, purchased in 2014 by Shenzhen Marisfrolg Fashion Company, one of the leaders of high-priced, ready-to-wear fashions in Asia.

      Throughout all of these purchases and acquisitions, Renzi’s government afforded the Chinese unrestricted and unfettered access to Italy and its financial markets, many coming through without customs inspections. Quite literally, tens of thousands of Chinese came in through Milano (illegally) and went back out carrying money, technology and corporate secrets.

      Thousands more were allowed to enter and disappeared into shadows of Milano and other manufacturing cities of Lombardy, only to surface in illegal sewing shops, producing knock-off designer clothes and slapping ‘Made In Italy’ labels on them. All with the tacit approval of the Renzi government.

      It was not until there was a change in the governing party in Italy that the sweatshops and the illegal entry and departure of Chinese nationals was stopped. Matteo Salvini, representing the Lega Nord party, closed Italy’s ports to immigrants and systematically began disassembling the sweatshops and deporting those in Italy illegally. But his rise to power was short-lived. Italy is a communist country…socialism is in the national DNA. Ways were found to remove Salvini, after which the communist party, under the direction of Giuseppe Conte, reopened the ports. Immediately, thousands of unvetted, undocumented refugees from the Middle East and East Africa began pouring in again. Access was again provided to the Chinese, under the old terms, and, as a consequence, thousands of Chinese, the majority from Wuhan, began arriving in Milano.

      In December of last year, the first inklings of a coronavirus were noticed in Lombardy…in the Chinese neighborhoods. There is no doubt amongst senior medical officials that the virus was brought here from China. By the end of January 2020 cases were being reported left and right. By mid-February the virus was beginning to seriously overload the Lombardy hospitals and medical clinics. They are now in a state of collapse.

      The Far-Left politicians sold out and betrayed the Italian people with open border policies and social justice programs. One of the reasons the health care system collapsed so quickly, is because the Renzi government (and now continued under the Conte government), redirected funds, meant to sustain the medical system, to pay for the tens of thousands of immigrants, brought in to Italy against the will of the Italian people. If you remember the horrible earthquake that decimated the villages around Amatricia, in the mountains east of Rome in 2015, you would also remember how the world responded by sending millions of dollars to help those affected. But there is a law in Italy that prevents private donations to charitable Italian organizations. All money and donations received must be turned over to a government agency, who, in turn, is to appropriate the funds as needed. But that agency is corrupt, just as are all the others. Most of the money never reached a single victim in the mountains. The Renzi government redirected the vast majority of those funds to pay for the growing immigrant and refugee costs.

      As the economy worsened under the burden of illegal immigration, compounded by gross government spending and incompetence, unemployment rose quickly…especially among young people. The unemployment rate for men and women under age 35 is close to 40%. So more money was diverted from the health care system and used to pay what is known here as guaranteed income. Whether you work or not, you are paid here, especially, if you belong to the PD! The government simply raises taxes on those, who do work. Let me give you a quick example of the height of insanity, to which Italian taxation has risen. If you live in a building that has a balcony or balconies…and any of those balconies cast a shadow on the ground, you must pay a public shadow tax! I will say no more!

      The point I am trying to make here, is that not only did the Chinese bring the virus to Italy (and the rest of the world), it was far-Left politics and policies that facilitated it. This should hopefully be a warning to Americans that while they work to rid themselves of the China Virus, they should just as vehemently endeavor to rid their government of any politician that circumvents the Constitution and ignores the laws of the land…plain and simple.

      Like

  2. iwasthere says:

    Arizona has perfect weather for a 5 nano meter fab facility. You need a place that is hot and dry. Improves the chip yields.

    Liked by 4 people

  3. Jim in TN says:

    Technology amazes me. 5 nm is about 50 atoms wide.

    Liked by 4 people

  4. Issy says:

    We have to get companies that produce products necessary for our national security back in this country. Otherwise, we can be held hostage at any time by a hostile foreign power. Some apparently don’t remember how OPEC did this for decades.

    We also need to get their spies out of our research facilities here. It is a disgrace this was allowed to happen. We can cooperate with the Chinese only if it benefits us too. No More Free Lunch For China.

    Liked by 7 people

    • Sharpshorts says:

      You make valid arguments but nothing is that simple.
      One caveat of many – Who can be trusted to decide which products are necessary for our national security?

      Liked by 2 people

      • Perot Conservative says:

        Here’s a start:

        1. Pharmaceuticals.
        2. Military components, esp. Electronics.
        3. Computer chip sets.
        4. Ban Confucius Institutes on American colleges.
        5. Limit or ban graduate & PhD students from China

        Liked by 9 people

      • gunrunner03 says:

        Let’s start with the President.

        Liked by 2 people

      • Issy says:

        Someone with common sense, which seemed to have been in short supply, when they allowed all medical equipment and drugs, parts for military equipment, semiconductors, etc. to move to an unfriendly communist country. Oh and someone not getting paid by the comunist to sell us out.

        It really doesn’t take a rocket scientist to make a list of the things necessary to keep us alive and protect us from foreign enemies.

        Like

  5. sunnydaze says:

    I’m 4:25 min. in and Wilbur has still not answered Maria’s original question re. China (PRC). He keeps talking about Taiwan.

    I’d like to hear the answer to Maria’s question re. China and Pharmaceuticals.

    Like

  6. TradeBait says:

    And the noose around the necks of the Chi-coms continues to tighten.

    Liked by 2 people

  7. Harvey Lipschitz says:

    More winning. Make nanometer chip sets to run nanocars to deliver zink molecules thru the cell membranes.

    “James M. Tour is an American nanotechnologist and both Professor of Materials Science and … Tour also worked on nanocars, single-molecule vehicles”

    Liked by 2 people

  8. MitchRyderDetroitWheels says:

    Tommy Donohue and his China Chamber of Commerce will not be happy with The Wilbur’s plan. If you can’t get companies moved back now then it will never happen other than a shooting war and then those companies might choose the other side. You never know when it comes to dollar.

    Liked by 2 people

    • James Carpenter aka "Felix" says:

      Yes, we really strike now while the iron is hot. Because once it’s cooled, back to business and the forgetful public be damned.
      And we DON’T ave much time. The proposed chip plant in Arizona, not online until 2024? What are the odds we don’t _have_ four years before China (or a PRC conquered/occupied Taiwan no longer supply us? I surely don’t know. But have to believe that current trend lines are piling odds up. And not in our immediate favor.

      Liked by 1 person

  9. Dutchman says:

    Gee, to bad previous administrations didn’t have some kind of group, at Cabinet level, meeting regularly to evaluate transactions with foreign companies, to evaluate threats to Natl. Security; State, FBI, CIA, COMMERCE, etc would all have to ‘sign off’ on any such deals.

    Guess they just “dropped the ball”,..huh?

    Major sarc, cause of coarse they DID have such a group, and they signed off, not ONLY on Uranium One, but on MANY of these ‘deals’, once they recieved their pay off.

    What a tangled mess to unravel. I was heartened by PDJT apperently rejecting the idea that ‘we’ need to incentivise these companies with 100% tax break for relocation costs.
    Something like ”we don’t HAVE to. I can just tax the **** out of any products coming in from other countries, just like the other countries all do, to OUR products!”

    Liked by 4 people

    • Tornarosa says:

      Don’t think they needed all that stuff, Dutch, the previous administration had a sponsor that took care of all the details. Obama just brought the ground game as community organizer in chief to cool out the marks and ‘splain what his sponsor wanted done

      Like

  10. disgusted citizen says:

    It’s a wonder the US is even functioning at all with the leeches sucking us dry (global & internal). What a corrupt traitorous mess we have become… Trump is truly our last stand. Godspeed PDJT.

    Liked by 5 people

  11. Bailey Howe says:

    Wiillllbbburrrr….’ git ‘ er done….!!

    Liked by 4 people

  12. Perot Conservative says:

    Maria interrupted him. Did he say they would bring 8 companies in the supply chain with them, or 80?

    20,000 transistors a month – in the graphic – doesn’t seem to make sense.

    Liked by 2 people

    • GB Bari says:

      I replayed that part about 4 times and he either slurs the number but it sounds more like “a key suppliers”.
      But that doesn’t make sense so I watched his mouth as he spoke several times thru that sentence and could not detect a “t” or a “ty” at the end of the “a”-sounding word. So it did not sound like eight or eighty.

      He may not have actually spoken a number but rather corrected himself mid-sentence from “a key supplier” to just “key suppliers” (plural), meaning no specific number.
      It’s anyone’s guess as to what he meant.

      Like

      • James Street says:

        I did the same thing but also used the inaccurate closed captions. I’m pretty sure this is what Wilbur Ross said at that point:

        “The most important thing about the TSMC is two things. One is that they hope to bring their supply chain with them. There are about 80 key suppliers to TSMC and we’re very very hopeful because then we’ll have a vertical integration. And Arizona since it already has Intel, already has ON Semiconductor, will now have a very powerful technology complex that we hope will be very vertically integrated and that should facilitate even more activity.”

        Like

  13. A2 says:

    The PRC in light of Taiwan’s high-tech sector move to the US is trying to lure Taiwan businesses back through their NDRC Taiwan affairs office. Recent moves have them rattled. They have threatened Australia again over beef sales. Either the carrot or the stick, but actually just the stick.

    Read this thread👇

    Like

    • GB Bari says:

      “….invest in high tech manufacturing…” in China translates to “donate all of your costly high end technology to the CCP.”

      Liked by 1 person

      • Missy says:

        And you bet that Elaine Chou’s family’s business connections will be in play, big time. McConnell will do everything he can to sabotage this. Ahe is Taiwan and PRC, all rolled into one.

        Like

  14. Beigun says:

    The Coronavirus will shake up international relations just like the “Suez Crisis” wiped-out the old order. The paradigm of Globalism is dead. Nations will increasingly desire to have a minimum of required manufacturing and production (medicine, etc.) capability for “national security.” And it saves the “Middle Class” from predatory trade. Speaking of predatory trade, Japan just announced restrictions on foreign investment for half of the TOPIX stock market. But then again, if anyone thought NE Asia was a “free market” they probably also believed in China joining the WTO.

    Liked by 2 people

    • jumpinjarhead says:

      I am not so sanguine about Globalism being “dead.” I will withhold judgment until I see ALL US economic and other “friendly” ties with the Chicoms terminated and we start dealing with it as the mortal enemy it is—just like Iran.

      In addition, we are still under the thrall of globalists and jihad-deniers if we do not do the same cut off with every islamic nation and group, especially our so-called “allies” of Saudi Arabia, Iraq, Afghanistan AND Turkey!

      Like

  15. A2 says:

    PRC has bought a bigger shovel. Keep digging. New list of retaliatory investigations and restrictions on for example, Apple and Boeing,

    If any company needs an incentive to leave the PRC, the CCP just gave them one. Can’t make this stuff up. I think there is a cliche for this regarding giving rope to hang oneself.

    Liked by 1 person

    • GB Bari says:

      Wow. If that isn’t a steaming pile of Chinese Communist propaganda I don’t know what is.

      Their threatened actions may not be idle threats but their accusations against US policies and change in US strategies certainly is full of hot, steaming manure.

      Like

      • A2 says:

        GB, I read this garbage everyday, sort through the trash to see what is recycled, what’s past it’s sell by date, what new ‘products‘ are used, is there inflation, and where they went shopping. It’s even ruder in Chinese, after awhile it gets to be
        🤣🤣🤣😂😂😂😂😂😂

        Liked by 2 people

      • jumpinjarhead says:

        And this is exactly the same stuff they have been putting out since their founding yet, apparently enchanted with the same fairy dust that brought us Barack Hussein Obama, a nobody with zero qualifications, we (the Royal “we”) have managed to get thoroughly (and inextricably?) entangled with that savage totalitarian state as if it is our “best friend.”

        Liked by 1 person

  16. MGBSE says:

    The BEST part… the same RINORATS that will screech “racism”: code for we’re losing Trillion$$$ … are the same RINORAT Establishment Traitors who STOLE millions of American jobs from LEGAL AMERICANS to give to 3rd world illegal “graduates” for cheap labor profits.

    Liked by 1 person

  17. A2 says:

    Here is the report referenced in the interview👇

    Commerce Addresses Huawei’s Efforts to Undermine Entity List, Restricts Products Designed and Produced with U.S. Technologies

    https://www.commerce.gov/news/press-releases/2020/05/commerce-addresses-huaweis-efforts-undermine-entity-list-restricts

    Liked by 1 person

  18. huecowacko says:

    Undoing everything that Bill Clinton started; or, if you want to blame RMN, have at it, I don’t.

    Like

  19. Paul Vincent Zecchino says:

    A most welcome development and a hopeful turnaround from that rotten Mr. Peanuts’ anti-Taiwan policy of forty years ago which punished our good friend Taiwan and empowered chicom killers.

    Good for President Trump and Wilbur Ross for making this happen.

    Generalissimo Chang Kai Shek would be smiling.

    Most excellent news.

    Like

    • Missy says:

      Given how we abandoned him and stuck him with hostile US commanders when he was battling Mao, we owe them, IMHO.

      Like

      • sturmudgeon says:

        CKS was not a particularly nice person, as I have read that the wealth he “escaped with” ended up in very few persons pockets… remind you of anyone?

        Like

  20. hokkoda says:

    The beauty of being a self-contained economy is that no matter what China does to hurt the US, the US can simply spin up domestic industries to replace China. Then, find ways to export to markets China exports do, then beat them on the trifecta of price, quality and not being held hostage to the CCP in an emergency.

    What the US does is important. I am interested to see how Europe reacts to the pandemic. Do they kowtow to Bejing or do they break away like the US is doing? Their wokeness just got a huge splash of cold water to the face, but I wonder if it’ll be enough for them to break free.

    Liked by 2 people

  21. Silk says:

    This is a classic move by our President Trump everyone…..

    Liked by 1 person

  22. Pegon Zellschmidt says:

    unless Biden wins.

    Like

  23. jumpinjarhead says:

    When will we wake up from this $-induced trance and see the reality that COMMUNIST China is still our mortal enemy? Nothing has changed in their COMMUNIST world view and their desired end state of subjugation of the world, especially the US?

    Why we are not dealing with the Chicoms just as we do Iran is a continuing mystery to me.

    Exact same thing with islam except instead of trade it is just a never-ending pipeline of our blood and treasure without any real benefit in return.

    Like

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