Posted on 02/19/2021 6:45:46 PM PST by cba123
Sen. Tom Cotton, R-Ark., has called for the United States to ''decouple'' from China, saying it should revoke its permanent normal trade relations status and take the same strategy as it has against the Soviet Union for what his report calls the ''breakup or the gradual mellowing'' of the ''Chinese Communist Party’s (CCP) power.''
Cotton announced his push during a speech at the Reagan Institute in Chicago on Thursday while unveiling a report compiled by him and his office, ''Beat China: Targeted Decoupling and the Economic Long War.''
''The will and need to confront Communist China is growing,'' he said. ''Now it’s time for action.''
Citing the theft of intellectual property, Cotton emphasized sectors the United States should target for ending connections, such as higher education, entertainment, semiconductors, telecoms and 5G — or fifth generation mobile networks — critical minerals and rare-earth elements, medicine and medical equipment, and artificial intelligence and quantum information science.
''U.S. policymakers must recognize the immense leverage they have over China,'' Cotton’s report says. ''Having grown used to China wielding its domestic market as a weapon, many in the United States seem to have forgotten that U.S. market access is one of the most valuable prizes in the world, particularly for the world’s largest exporter.
''Access to the U.S. market may therefore be the single most powerful point of leverage in the entire competition, provided the United States can create resilient supply chains for essential goods that do not depend on Chinese manufacturing.''
China is a regime that seeks to replace the United States as ''the world’s great power,'' and has had success in many areas because previous administrations had ''failed, flawed policies over the last 30 years, pursued by both parties," he said.
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Cotton needs to talk to Ditch to get on the gravy train to personal wealth.
Long, long overdue.
You have to wonder what a Senator from Arkansas (Walmart) means by “targeted decoupling” from China?
Tom Cotton is a war-seeker and is anathema in my book. Won’t vote for him any more than I would John McCain.
President Trump had China on the ropes until BOTH parties cheated him out of office.
This will impact Humpher's "walking-around" money, and affect the Big Demented Guy's cash flow...
Fat chance with Biden at the helm.
We were putting this into motion the last 4 years...the next 4 would have been crucial. Now we will have to start over again...if we even can after Biden and his crew are through.
Cotton on or off the Silk Road?
You got that right.
But it’s notable that it was the Dem Party that installed China’s viceroy.
TOO LITTLE TOO LATE.
The entire stinking, backstabbing GOP must go.
They were silent when it MATTERED.
Always.
They should commit ritual suicide and go to HELL
where ALL the lying politicians BELONG.
HasCotton forgotten WE are not in power and this is going nowhere because Biden is in bed with China!!
YEP they had the chance to make these changes when we had FULL POWER and they all chose to betray our POTUS!! SCREW THEM ALL!!
Ditch, Pelosi's *itch, is a little busy fetching fresh covfefe for Leader Sheckie, Speaker Botox and President Roundheels McClownlaugh...
He’s right. We are in better shape than we were 4 years ago with a couple of rare earth mines and processors and a requirement that PPE and other vital medical supplies purchased by the government be domestically produced, but there is a lot more work to do. We need to make sure there are no Chinese electronic components in any military hardware. We also need to force Big Tech to decouple from China and not share any software or help China in any way to develop theirs.
Then we need to slap a nice hefty tariff on all Chinese goods like President Trump already did.
Cotton is rotten, as rotten as the rest, don’t be fooled by his pretty red dress, he needs to go down, accept nothing less, than the total destruction of the GOPe nest
Don’t compare Cotton with McCain.
He is similar to Pompeo, and President Trump.
They had 4 years to do something about this BUT CRICKETS!! What the hell are they doing NOW about us being censored have you SEEN ANYONE OF THEM screaming from the rooftops NO!!!
When you wrote "nice hefty tariff", Xi jerked PuppetJoe's strings, and made him dance and shriek in horror: "No! NO!!!"
I'm not sure Tom understands the dynamic here.
We're the biggest market today but China has a reputation for playing the long game, and given that our growth is hovering around 2% while lots of Asia is well above that I'm not sure China views us as critical to their success medium/long term.
We have to be aggressive and win in those new markets, not overplay our leverage trying to maintain the past.
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