PWC News
Tuesday, July 14, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Trump torn apart for selling out American workers to China

Home Economy
Share on FacebookShare on Twitter



President Donald Trump just lately met with Chinese language President Xi Jinping and claimed he did so to assist American employees — however a gaggle of conservatives declare he truly bought them out.

“China: They have been taking our jobs for many years — tens of millions of jobs misplaced to unfair commerce and low-cost labor, crushing American employees,” The Lincoln Challenge posted on Wednesday. “Elon Musk made $178 billion final yr. His largest manufacturing unit is in China. Tim Prepare dinner, CEO of Apple, remodeled $100 million final yr. iPhones are made in China with low-cost labor. These firms made billions in income exploiting American employees.”

The submit continued, “Who’s going to talk up for the American employee? No one. Donald Trump and the Republicans do not care about us. They’re reducing offers with China and laughing at us. Extra AI to kill our jobs — they adore it. They get richer, we get screwed. It is fallacious, however till we cease them, it can solely worsen.”

The Lincoln Challenge is just not alone in claiming that Trump failed to advertise American pursuits throughout his summit with China. Derek Grossman, a senior fellow on the Heart for a New American Safety and the China-World South Challenge, warned earlier this month that China is normally outmaneuvering Trump whereas placating him with enterprise offers that assist himself and the oligarchs who assist him. Particularly, he pointed to China’s diplomatic efforts with Iran and Southeast Asian nations.

“Why does this matter?” Grossman defined, “As a result of exhibiting up in Southeast Asia is greater than half the battle relating to waging and successful the competitors for affect. Washington, so far, has proven relative disinterest in sustained high-level engagement, undermining its capacity to compete with China. With out routine engagement, Southeast Asian nations develop into uneasy about U.S. commitments and have a tendency to look elsewhere — resembling to China — to satisfy their wants.”

He additionally identified that Trump’s tariffs have allowed China to current itself as a extra dependable buying and selling associate than the US.

“Trump’s struggle in Iran and the ensuing disruption to commodity flows by the Strait of Hormuz have additionally dealt a heavy blow to Southeast Asian economies,” Grossman wrote. “The Philippines has been compelled to take notably stark measures in response, declaring a nationwide emergency and lowering its work week to preserve gas. The disaster reinforces a notion that Washington is distracted and unable to stabilize international situations when it issues most. And the area is responding: Thailand’s international minister just lately lamented that its longstanding safety ally, the US, has executed nothing to assist its financial system amid the fallout of the Iran struggle.”

Talking with this journalist for Salon in 2019, former Secretary of State Madeleine Albright defined Trump’s pondering towards China as overly-simplistic and misinformed.

“The Chinese language are in actual fact, they’re on their very own international coverage trajectory which for the time being is increasing their affect,” Albright defined. “A few of it by what they name the “One Belt, One Highway” through which they’re offering infrastructure in addition to unusual form of loans to nations to get them on their aspect. That’s what’s happening, that the Chinese language are in actual fact a rising energy whereas on the similar time we’re not actually explaining our insurance policies nicely and/or speaking about our values system.”

She added, “I feel it’s a very advanced subject. I do assume our relationship with China itself is difficult and we’re not excellent at making an attempt to determine find out how to cooperate and compete on the similar time. It’s clearly one of the vital tough relationships and a key one, and once more, because the intelligence panelist defined yesterday, one that’s on the market as a really difficult scenario for the US.”



Source link

Tags: AmericanChinaSellingtornTrumpworkers
Previous Post

Glassnode Warns Nearly 30% Of Bitcoin Supply Could Face Future Quantum Risks

Next Post

Diamond Hill Securitized Total Return Fund Q1 2026 Commentary (DHWIX)

Related Posts

Ram Mandir ‘Donation Theft’: SC seeks UP SIT report, notice to trust
Economy

Ram Mandir ‘Donation Theft’: SC seeks UP SIT report, notice to trust

July 13, 2026
States sue to stop Paramount-Warner Bros blockbuster merger
Economy

States sue to stop Paramount-Warner Bros blockbuster merger

July 14, 2026
Sri Lanka June 2006 tourism revenue records lowest in 32 months; down 10.9-pct y/y | EconomyNext
Economy

Sri Lanka June 2006 tourism revenue records lowest in 32 months; down 10.9-pct y/y | EconomyNext

July 14, 2026
FTSE 100 Live: Stocks to drop as Iran closes Hormuz after strikes
Economy

FTSE 100 Live: Stocks to drop as Iran closes Hormuz after strikes

July 13, 2026
How Sh299bn fees crashed Mau-Summit toll road deal
Economy

How Sh299bn fees crashed Mau-Summit toll road deal

July 13, 2026
What a Monopoly importer learned when it tried to make things in the U.S.A.
Economy

What a Monopoly importer learned when it tried to make things in the U.S.A.

July 12, 2026
Next Post
Diamond Hill Securitized Total Return Fund Q1 2026 Commentary (DHWIX)

Diamond Hill Securitized Total Return Fund Q1 2026 Commentary (DHWIX)

Can Republicans Survive High Food and Gas Prices?

Can Republicans Survive High Food and Gas Prices?

3 Reasons XLM Price is Up 14% Today, May 28, as Stellar Enters Wall Street

3 Reasons XLM Price is Up 14% Today, May 28, as Stellar Enters Wall Street

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Ram Mandir ‘Donation Theft’: SC seeks UP SIT report, notice to trust
Economy

Ram Mandir ‘Donation Theft’: SC seeks UP SIT report, notice to trust

by PWC
July 13, 2026
0

New Delhi: Supreme Court docket on Monday sought a standing report on the probe into the alleged embezzlement of donation...

Airlines are filling planes with passengers paying top dollar — but for how long? FP Video explores

Airlines are filling planes with passengers paying top dollar — but for how long? FP Video explores

July 13, 2026
Can European Stocks Rise Without a Strong Economy? | Investing.com

Can European Stocks Rise Without a Strong Economy? | Investing.com

July 14, 2026
The Supermarket That Turned Cashiers Into Millionaires

The Supermarket That Turned Cashiers Into Millionaires

July 11, 2026
Clothespin’s US0 mn Colombo Port City project expires unsigned | EconomyNext

Clothespin’s US$540 mn Colombo Port City project expires unsigned | EconomyNext

July 8, 2026
Technical Analysis of Gold Prices | Investing.com

Technical Analysis of Gold Prices | Investing.com

July 11, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.