AND TODAY THERECHINA RELEASES A
REPORT STARTING WITH THE PHRASE
"I CAN’T BREATHE." THERE IS A LOT TO DRILL DOWN ON
THERE IS A LOT TO DRILL DOWN ON
AND WE HAVE THE PERFECT GUEST.
JACK SERVED AS TREASURY
SECRETARY FOR PRESIDENT OBAMA.
CHINA IS EVERYWHERE EXPANDING
THEIR PROJECTS TO 139 COUNTRIES.
UK WITH ITS NEW GLOBAL BRITAIN
REPORTS LAST WEEK OVERTURE TO
CHINA ECONOMICALLY.
WHAT SHOULD THE U.S. DO?
>> IT’S GOOD TO BE WITH YOU.
THE REPORT WE RELEASED YESTERDAY
FROM THE TASK FORCE COUNCIL ON
FOREIGN RELATIONS, IT IS
RECOMMENDATIONS FOR THE U.S.
RESPONSE.
WE CON VEENLD THEVENED THE TASK
BETTER UNDERSTAND THE
INITIATIVES OF CHINA
INTERNATIONALLY AND WHAT IT
MEANS FOR THE U.S.
WE LOOKED AT IT AS PART OF NOT
JUST AN INFRASTRUCTURE PROGRAM,
BUT A PROGRAM TO EXPAND ECONOMIC
INFLUENCE.
WE TRIED TO KEEP IT UP TO DATE
RESPONDING TO THE CHANGES SINCE
COVID-19.
WHAT WE FOUND IS THERE IS A VOID
LEFT BY THE UNITED STATES AND
OUR ALLIES.
AND DESPITE THE POTENTIAL OF AN
INITIATIVE LIKE THIS TO MEET
LONG STANDING NEEDS OF
DEVELOPING COUNTRIES, IT HAS
RISKS THAT FAR OUTWEIGH THE
BENEFITS.
WHETHER IT’S UNSUSTAINABLE DEBT
PRACTICES, SPREADING CHINESE
TECHNOLOGY AND STANDARDS,
BUILDING COAL INFRASTRAUK TOURUC
THAT WILL HAVE A CARBON IMPRINT
FOR YEARS.
THERE ARE MANY THINGS FOR US TO
BE CONCERNED ABOUT.
THE PANDEMIC RELIEF SHOWED THE
FRAJ I STATE MANY COUNTRIES ARE
IN.
WHAT SHOULD U.S. POLICYMAKERS
DO?
THEY NEED TO FOCUS ON THE
PROBLEMS I JUST DESCRIBED AND
COME UP WITH SOLUTIONS.
FIRST OF ALL, WE NEED TO WORK
WITH ALLIES ON STANDARDS LIKE
DEALING WITH CLIMATE,
ANTI-CORRUPTION AND LENDING
PRACTICES THAT ARE GOVERNED
THROUGH DEBT MEK ANYTHINGS LIKE
THE PARIS ACCORD.
WE NEED TO PROMOTE U.S. EXPORTS
AND INVEST AT HOME, INNOVATION,
TECHNOLOGY AND INFRASTRUCTURE.
WE HAVE TO BE A LEADER ON GLOBAL
HEALTH AND CAN’T ABANDON
PROJECTS WE ARE NOT PART OF.
THERE ARE A NUMBER OF THINGS WE
CAN DO.
>> THIS COMES AFTER 4 1/2 YEARS
OF US GETTING OUT OF TRADE
AGROEMTS, CLIMATE
AGREEMENTS, CLIMATE AGREEMENTS.
TODAY TONY BLINKEN IS AT NATO
SAYING WE ARE BACK.
YOU CAN’T JUST SAY IT, YOU HAVE
TO COMPETE.
SOME OF OUR CLOSEST ALLIES ARE
LINING UP WITH CHINA, NOT ON GEO
POLITICAL ISSUES, BUT --
>> I THINK OUR ALLIES ARE
LOOKING FOR THE UNITED STATES TO
COME BACK.
I THINK IF THE NEW
ADMINISTRATION, SECRETARY
BLINKEN AND THE TEAM ENGAGE THE
WAY I BELIEVE THEY WILL, THE
REST OF THE WORLD WILL BE
WELCOMING THE UNITED STATES BACK
IN THE LEADERSHIP ROLE ON THESE
KINDS OF STANDARDS.
FOR 75 YEARS THE WORLD KNEW THAT
UNITED STATES LEADERSHIP WAS
CRITICAL IN THIS AREA.
I DON’T THINK FOUR YEARS CHANGES
THAT.
I DON’T THINK WE GET TO TAKE
ANOTHER FOUR YEARS OUT.
I DON’T THINK WE WILL.
I THINK THE NEW ADMINISTRATION
IS ALREADY ENGAGING.
AND WE ALSO HAVE TO WORK WITH
CHINA.
THE MEETING WAS A TOUGH ONE, BUT
AS RECORDED, IT WORKS WITH AN
AGREEMENT THAT CONTINUED TO WORK
ON CLIMATE.
SO IT IS NOT WORK WITH CHINA OR
DON’T WORK WITH CHINA.
WE WILL HAVE TO WORK WITH OUR
ALLIES.
WE WORK WITH CHINA WHERE WE CAN,