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>> EXTRAORDINARY GROWTH OF THE
PAST SEVEN YEARS, DURING THIS
TIME McKINSEY HAS PARTNERED
WITH MANY OF THESE PLAYERS TO
UNLOCK THE POWER OF AI AND
ADVANCED ANALYTICS TO DRIVE
INNOVATION TO TRANSFORM
OPERATIONS AND CREATE ENTIRELY
NEW BUSINESS MODELS.
GLOBAL TALENT AND CUTTING EDGE
TECHNOLOGIES.
>> COMBINED WITH LEADING
TECHNOLOGY AND CREATE
COMPETITIVE ADVANTAGE WHICH WE
CALL HYBRID INTELLIGENCE.
>> THAT CREEPY VIDEO WAS JUST
ONE OF DOZENS YOU CAN FIND ON
CONSULTING GIANT McKINSEY’S
TWITTER AND WEB PAGES.
DESPITE THE BAD LUCK AND THE BAD
MUSIC, U.S. COMPANIES COMINGLING
WITH CHINESE ENTITIES IS NOTHING
NEW BUT SHOULD IT BE ALLOWED?
IT’S THESE SAME COMPANIES
CONSULTING WITH OUR OWN PENTAGON
PICK OUR NEXT GUEST IS TRYING TO
PUT A STOP TO THIS INTRODUCING
LEGISLATION THAT WOULD END THIS
COMPROMISED PRACTICE OF DOUBLE
DIPPING.
JOINING US NOW IS JOSH HAWLEY
MEMBER OF THE HOMELAND SECURITY
COMMITTEE.
MY FIRST QUESTION IS HOW IS THIS
NOT ALREADY BARRED BY U.S. LAW
GIVEN THE FACT THAT WE DON’T GET
THAT TYPE OF RECIPROCITY WHEN
DEALING WITH SENSITIVE MATTERS
THAT CHINA HAS ACCESS TO?
>> THAT IS CERTAINLY THE CASE.
IT SHOULD ABSOLUTELY BE ILLEGAL
AND THIS SHOULD MAKE IT SO.
WE HAVE THESE CORPORATIONS WHO
WANT TO TAKE A BUCK FROM
UNCLE SAM WHO WANT TO GET
CONTRACTS AND THEY ARE HAPPY TO
SELL OUT OUR TECHNOLOGY COME OUR
JOBS, OUR WORKERS AND THEY ARE
DOING IT FOR YEARS.
IT’S TIME TO PUT A STOP TO IT.
THE LEAST WE CAN DO IS SAY IF
YOU CAN GET A CONTRACT WITH THE
DEFENSE DEPARTMENT OF THE
UNITED STATES YOU SHOULDN’T BE
ADVISING THE CHINESE GOVERNMENT.
>> Laura: PRESIDENT BIDEN HAS
BEEN DRAGGING HIS FEET ALTHOUGH
WE KNOW WHICH WAY HE’S GOING TO
GO ON MAKING THIS DECISION TO
LIFT HIS TARIFFS ON CHINA --
HERE’S HOW THE WHITE HOUSE
RESPONDED TO QUESTIONS
YESTERDAY.
SPEAK OF THE WAY IT WAS HANDLED
BY THE LAST ADMINISTRATION
WAS -- IT WAS BUNGLED IF I’M
GOING TO BE REALLY -- HONEST
HERE.
TELL HIM IT WAS NOT DONE IN AN
EFFECTIVE WAY.
>> Laura: BUNGLED?
TRUMP TOOK CHINA HEAD-ON REALLY
SMARTLY, THEY DID THAT LONG
REPORT, BOB LIGHTHIZER THE MOST
TALENTED ONE WE’VE HAD IN OUR
HISTORY, THIS WAS DONE
METICULOUSLY.
HE DIDN’T COWER TO THE CHINESE
LIKE BIDEN IS OBVIOUSLY
BEGINNING TO DO.
>> I THINK THE TARIFFS ON CHINA
WERE SOME OF THE BEST THINGS
THAT PRESIDENT TRUMP DID AND WE
ALL KNOW WHAT’S GOING TO HAPPEN,
JOE BIDEN IS GOING TO CAVE.
HE’S GOING TO ROLL OVER FOR THE
CHINESE COMMUNIST PARTY AND LET
THEM HAVE EVERYTHING BACK THAT
THEY WANTED TO.
ALL I CAN SAY IF YOU LIKE WHAT
YOU’RE GETTING FROM BIDEN IF YOU
WANT TO SEND MORE JOBS OVERSEAS
IF YOU WANT TO HAVE TO BUY OUR
ENERGY AND IF YOU WANT TO BE
DEPENDENT ON CHINA JOE BIDEN IS
YOUR GUY.
THAT IS HIS ENTIRE POLICY.
FOR THOSE OF US WHO WANT JOBS IN
AMERICA, GOOD PAYING JOBS
MANUFACTURING JOBS IN THIS
COUNTRY, THOSE TARIFFS ARE
IMPORTANT.
I THINK WE SHOULDN’T ROLL THEM
BACK, WE OUGHT TO BE
STRENGTHENING THEM.
>> Laura: BOB LIGHTHIZER WROTE
AN OP-ED IN
"THE WALL STREET JOURNAL" TODAY
THAT WAS BRILLIANT TALKING ABOUT
HOW LIFTING THE TARIFFS EVERYONE
KNOWS IT’S NOT GOING TO HAVE ANY
REAL EFFECT ON INFLATION.
IT’S ONLY GOING TO MAKE CHINESE
PRODUCTS STRONGER IN THE
UNITED STATES AND HURT U.S.
MANUFACTURING AT A TIME WHEN I
THOUGHT BIDEN WAS SUPPOSED TO BE
IMPROVING U.S. MANUFACTURING.
THAT IS OUT THE WINDOW TOTALLY.
>> HERE’S THE DEAL, THE CHINESE
GOVERNMENT AND THE CHINESE
ECONOMY IS DEPENDENT ON
SLAVE LABOR, WHAT EFFECTIVELY IS
HAPPENING IS THAT BY THE
ADMINISTRATION ONCE U.S. WORKERS
TO HAVE TO COMPETE AGAINST THE
SLAVE LABOR WHICH WILL END UP
STRENGTHENING THE SLAVE LABOR.
IT WILL FUND THEM, IMPOVERISH
OUR WORKERS SENT OUR INDUSTRY
OVERSEAS, THIS IS WHAT THE
LIBERALS AND UNFORTUNATELY MANY
REPUBLICANS HAD BEEN PUSHING FOR
DECADES NOW.
WE KNOW WHAT THE RESULTS ARE.
THE RESULTS ARE JOBS LEAVING
THIS COUNTRY, HOLLOWED OUT
INDUSTRY, WE NEED TO REVERSE ALL
OF THAT AND THAT’S WHY IT’S
IMPORTANT TO SAY WE ARE GOING TO
HOLD CHINA ACCOUNTABLE, WE ARE
GOING TO PROTECT AND NURTURE OUR
OWN INDUSTRY IN THIS COUNTRY AND
WE ARE GOING TO PROTECT AMERICAN
WORKERS, THAT WILL BE OUR
POLICY.
>> Laura: THERE’S SO MUCH I