TREY: THANK YOU, JENNIFER
GRIFFIN.
THANK YOU.
>> U.S. LAWMAKERS ARE
NEGOTIATING NOW PEST TO
REVIEW BILLIONS OF AMERICAN
INVESTMENT IN CHINA,
SENATORS FROM BIKE SIDES
BOTH SIDES OF AISLE ATTEMPTS
TO ENSURE THAT U.S. IS NOT
EXCEEDING THE MANUFACTURING
POWER.
TO FOREIGN ADVERSARIES AS
PRESIDENT BIDEN OCCURS
ENDING TRUMP-ERA TARIFFS ON
CHINESE IMPORTS, JOINING ME
NOW, HOUSE FOREIGN AFFAIRS
COMMITTEE, TEXAS CONGRESSMAN
MIKE McCAUL, WELCOME.
DOES GOVERNMENT PLAY A ROLE
IN DECIDES WHETHER U.S.
COMPANIES WITH INVEST IN
FOREIGN COUNTRYS?
>> YES.
THE CURRENT RULE THEY CALL
ENTITIES LIST.
DEPARTMENT OF DEFENSE HAS
ONE, DEPARTMENT OF COMMERCE,
COMMERCE IS MORE INDUSTRY
DRIVDRIVEN.
YOU CANNOT INVEST IN NO
COMPANIES, TO GIVE YOU SOME
PERSPECTIVE, THERE ARE ABOUT
125 BILLION DOLLARS VISITED
FROM THE UNITED STATES IN TO
CHINA EVERY YEAR.
AND ONLY 500 MILLION MUCH
THAT IS SCREENED TO PROTECT
THE UNITED STATES FROM
EXPORTING TECHNOLOGIES, THEY
COULD GO STRAIGHT INTO THE
PRC, MILITARY APPARATUS.
THE HYPERSONIC WEAPON THAT
WE SAW THEM LAUNCH, WENT
AROUND THE WORLD LANDING
WITH PRECISION.
THAT COULD CARRY A NUCLEAR
WARHEAD WAS BUILD ON THE
BACKBONE OF AMERICAN
TECHNOLOGY.
THAT NEEDS TO STOP.
TREY: CONGRESSMAN, DURING
THE PANDEMIC THERE WAS MUCH
DISCUSSION ABOUT REDUCING
OUR RELIANCE ON GOOD
IMPORTED FROM CHINA, IS
THERE STILL TALK ABOUT
DECREASING OUR RELIANCE ON
WHAT IS BECOMING AN
ADVERSARY OF OURS.
>> I THINK THAT COVID WOKE
EVERYONE.
THE UNITED STATES, WE’RE TOO
RELIANT ON MEDICAL SUPPLIES
OUT OF CHINA, AND TWO OTHER
CRITICAL SUPPLIES, ONE IS
RARE EARTH MINERALS, THAT IS
IMPORTANT THAT GOES INTO SO
MANY THINGS THAT WE
MANUFACTURE.
THEY CORNER 85 PERCENT, THE MOST IMPORTANT ARE ADVANCES
MOST IMPORTANT ARE ADVANCES
SOME SEMICONDUCTOR CHIPS TO
GET THAT INVESTMENT.
THAT MANUFACTURING OF THE
CHIPS WHICH GO 2 INTO
EVERYTHING.
FROM YOUR PHONE TO YOUR
VEHICLES TO MOST ADVANCE
WEAPON SYSTEM, TAIWAN
CORNERS ABOUT 90% OF THE
ADVANCE SEMICONDUCTOR CHIP
MANUFACTURING CAPABILITY IN
THE WORLD, WE KNOW THAT
PRESIDENT XI JINPING HAS
THREATENS TO TAKEOVER
TAIWAN, IF OUR SEMICONDUCTOR
CHIP MANUFACTURING IS DONE
IN VURLER VULNERABLE NATIONS
LIKE TAIWAN AND CHINA THAT
PUTS US VERY MUCH AT RISK.
TREY: CONGRESSMAN, YOU
MENTIONED XI AND PUTIN,
THERE SEEMS TO BE A
PARTNERSHIP EMERGING BETWEEN
CHINA AND RUSSIA?
PERHAPS IT HAS ALWAYS BEEN
THERE.
WE’RE JUST HEARING ABOUT IT.
WHAT DO YOU MAKE OF THAT
RECENT PARTNERSHIP WHY, THEY
ARE ALIGNED?
IT SEEMS AGAINST THE
INTEREST OF THE WEST.
>> IT IS VERY DANGEROUS, I
CALL IT AN UNHOLY ALLIANCE,
HAPPENS AT BEIJING OLYMPICS,
PUTIN TOLD HIM HE WAS
INVADING UKRAINE, BY THE
WAY, AND PRESIDENT
XI SUPPORTS, THAT AT THE
SAME TIME, PUTIN SUPPORTS
PRESIDENT XI A AFFORD TO
INVADE TAIWAN.
AND TAKEOVER THE SOUTH CHINA
SEA.
THE PARALLELS TO MY FATHER’S
WAR, ARE STRIKING.
WHEN I WAS IN THE POLAND,
THEY TALKED ABOUT 1939.
WHEN HIT LEARLER INVADED
POLAND, AND PRESIDENT XI
JINPING THREAT TO TAIWAN,
AND SOUTH PACIFIC.
AND INTERESTING THE SALOMON
ISLANDS OF TAKEN OVER BY
TAIWAN, THEY BOUGHT THEM
OFF.
AND SIGNED A SECURITY
AGREEMENT.
THOSE A ISLANDS ARE NOW IN
HANDS OF PRCAND PRESIDENT XI
JINPING THIS IS A WAKE-UP
CALL LIKE I HAVE NEVER SEEN.
TREY: CONGRESSMAN.
I KNOW A PARTICULARLY IF YOU
ARE IN THE MAJORITY OF --
YOU WILL DO IT REGARD LESS,
YOU WILL CONTINUE TO MONITOR
OUR RELIANCE ON CHINA.
AND ALSO THIS FLOW OF
INFORMATION FROM OUR
TECHNOLOGY BASE OVER TO
THEM.
THANK YOU FOR JOINING US ON
A SUNDAY NIGHT.
WE LOOK FORWARD TO HAVING
YOU AGAIN.