CHINA IS HARD TO IMPOSE TRADE
RESTRICTIONS ON RUSSIA.
QUOTING IT NOW, AMBASSADOR GARY
LOCKE, UNITED STATES AMBASSADOR
TO THE OBAMA ADMINISTRATION,
FORMER GOVERNOR OF WASHINGTON
STATE.
AMBASSADOR, THANK YOU FOR BEING
WITH US TONIGHT.
THIS GETS COMPLICATED.
IT LOOKS TO THE REST OF THE WORLD LIKE EVERYBODY IS TURNING
WORLD LIKE EVERYBODY IS TURNING
ON RUSSIA, BUT WITH HELP THEY
CAN HOLD OUT FOR A LOT LONGER.
>> CERTAINLY, CHINA IS IN A
PREDICAMENT.
EVEN THE IMAGES THAT WE HAVE
BEEN SEEING, EVERY DAY ON OUR
TELEVISION SETS, IS BEING
BROADCAST TO THE CHINESE
PEOPLE.
IT WAS DESTRUCTION, VIOLENCE,
DEATH, AND IN THE HANDS OF
RUSSIANS.
AT THE SAME TIME, THE CHINESE
GOVERNMENT, STILL, AND I'M
SEEING THE THEM DEWINE, THIS IS
THE FAULT OF THE NATO OF
RUSSIA.
CHINA IS IN A PREDICAMENT.
WELL THEY HAVE LONG-STANDING
TIES WITH RUSSIA, AND WOULD
LIKE TO DISPLACE THE WESTERN
BORDER, INVENTED, OR DEVISED BY
THE EU, AND THE UNITED STATES.
NONETHELESS, THE TRADE BETWEEN
CHINA, AND THE UNITED STATES,
AND THE EU, IS TEN TIMES THE
AMOUNT OF TRADE THAT IT DOES
WITH RUSSIA.
CHINA'S FURY ECONOMIC SANCTIONS
FROM THE WEST, WHERE IT TO
PROVIDE MILITARY, OR EVEN
ECONOMIC AID TO RUSSIA.
>> LOOK, AMERICAN POLLS INDICATE, AMERICAN CITIZENS ARE
INDICATE, AMERICAN CITIZENS ARE
OKAY WITH THE ECHO THE RELAY
TENDS TO RUIN, BECAUSE OF THE
AMOUNT OF TRADE WITH RUSSIA.
PARTICULARLY, AS IT RELATES TO
ENERGY WITH CHINA, AND SO WE
HAD A CONFLICT ON CHINA AS THAT
FRONT NOW WILL IT MAY HURT
PEOPLE, AND MAKE THEM UPSET AS
WELL WITH IT.
>> YOU ARE ALREADY SEEING,
WITHIN EUROPE, SOME RESERVATION
ABOUT GOING AFTER RUSSIAN OIL
EXPORTS, AND NATURAL GAS TO
EUROPE.
THEY DEPEND ON THOSE ENERGY
SUPPLIES TO HEAT THEIR HOMES,
AND TO PROVIDE GASOLINE FOR
THEIR AUTOMOBILES TO, KEEP
THEIR FACTORIES GOING.
THAT'S WHY MANY OF THE
SANCTIONS HAVE KIND OF GONE AROUND, TO AVOID TOUCHING THOSE
AROUND, TO AVOID TOUCHING THOSE
EXPORTS OF NATURAL GAS WAS
HAPPENED IS A CARE THAT RUSSIA,
AND CHINA, WERE SURPRISED BY
HOW SWIFTLY, AND EXTENSIVELY,
THE WEST IMPOSE SANCTIONS.
VERY BROAD RANGE SANCTIONS
AGAINST RUSSIA.
IT IS GOING TO BE MORE
DIFFICULT TO IMPOSE THOSE SAME
SANCTIONS AGAINST CHINA,
BECAUSE, FOR INSTANCE, THE
FINANCIAL SYSTEM HURTS MOVE THE
RUSSIAN COMPANIES.
OF COURSE, NOT MANY U.S.
COMPANIES, AND EUROPEAN
COUNTRIES, DO TRADE WITH TO
RUSSIA.
HOWEVER, IF YOU WERE TO KICK
CHINA OFF OF THE INTERNATIONAL
FINANCIAL SYSTEM, AND SWIFT
SYSTEM, BY WHICH TRANSACTIONS
OCCUR, WHO WE FOR WORRIES, ARE
SOON BE FAR WORRIES, OUR PORT
EXPORTERS GET PAID FROM CHINA,
IF THEY SELL TO CHINA.
IF WE STOP ALL TRADE WITH CHINA,
WHERE WILL WE GET OUR CLOTHES,
OUR AGE LATE-ABLE.
SO MUCH OF WHICH, MADE IN CHINA,
THAT WE BUY IT AT MACY'S, HOME
DEPOT, TARGET, ETC.
THERE WILL BE A MASSIVE IMPACT TO THE AMERICAN CONSUMER IS THE
TO THE AMERICAN CONSUMER IS THE
BIDEN ADMINISTRATION TO THEN,
TO THE INVASION OF UKRAINE.