Larry Kudlow: Now is the time for America first

THE PHASE ONE TRADE DEAL AS YOU KNOW. LARRY: GOOD STUFF. THANK YOU, EDWARD LAWRENCE. WE APPRECIATE IT. FOLKS, I WANT TO CONTINUE THIS ON THE CHINA QUESTION. I FLAT-OUT DO NOT BELIEVE PRESIDENT JOE BIDEN UNDERSTANDS THE SERIOUSNESS AND SEVERITY OF THE CHINA THREAT TO AMERICAN INTERESTS, WHETHER THE ECONOMY, THE TRADE, NATIONAL DEFENSE OR SECURITY. I WANT TO PLAY A CLIP FROM THE AIR FORCE COMMENCEMENT SPEECH QUICKLY, TO LOOK AT THIS. EDWARD LAWRENCE PLAYED IT. I PLAY IT AGAIN. TAKE A CAREFUL LISTEN. PRESIDENT BIDEN: THE UNITED STATES DOES NOT SEEK CONFLICT OR CONFRONTATION WITH CHINA. CHINA AND THE UNITED STATES SHOULD BE ABLE TO WORK TOGETHER WHERE WE CAN TO SOLVE SOME GLOBAL CHALLENGES LIKE CLIMATE BUT WE ARE PREPARED FOR VIGOROUS COMPETITION. LARRY: SO POINT HERE THAT I WANT TO MAKE, FOR ONE THING THERE IS NO COOPERATION WITH CHINA ON CLIMATE CHANGE. THEY KEEP OPENING HUNDREDS COAL PLANTS. THEY COULD CARE LESS ABOUT PARIS CLIMATE TARGETS. I DON'T FEEL ANY COUNTRY IS POUND BY PARIS CLIMATE TARGETS EXEMPT JOE BIDEN'S AMERICA. FOSSIL FUELS AND ENERGY AND FOOD PRICES CONTINUE TO RISE AT AN ALARMING RATE. MORE BROADLY THE BIDENS SEEM NOT TO UNDERSTAND THAT WE'RE NOT ENGAGED IN A FRIENDLY COMPETITION WITH CHINA. THE PRESIDENT TALKS ABOUT VIGOROUS COMPETITION. IT IS MUCH TOUGHER THAN THAT. CHINA WANTS DOMINANCE. IT'S NOT LET'S COMPETE MAYBE WE'LL ALL DO BETTER TOGETHER. CHINA WANT TO DOMINATE AMERICA AND ITS INTERESTS IN EVERY SPHERE OF ACTIVITY. OUR NEXT GUEST, FORMER U.S. TRADE REPRESENTATIVE ROBERT LIGHTHIZER WILL HAVE A LOT TO SAY ABOUT THIS SUBJECT. INDEED I LEARNED A LOT ABOUT THIS SERVING WITH BOB IN THE TRUMP ADMINISTRATION AND IN FACT I WANT TO ADD I THINK THE WHOLE COUNTRY LEARNED A LOT FROM FORMER PRESIDENT DONALD TRUMP WHO WAS THE FIRST TO REALLY RING THE BELL ABOUT THE CHINA THREAT. YOU SEE THIS THREAT IN SOME PLACES NOW. OUR FRIEND GENERAL JACK KEANE JUST WARNED ABOUT CHINESE SPIES BRAZEN ATTEMPTS TO INFILTRATE OUR U.S. MILITARY BASES. U.S. AUTHORITIES DISCOVERED SUSPECTED CHINESE SPIES DISGUISED AS TOURISTS TRYING TO INFILTRATE ALASKAN MILITARY BASES AND PERHAPS GAIN ACCESS TO HIGHLY CLASSIFIED INTELLIGENCE. OF COURSE JOE BIDEN NEVER TOOK THE CHINESE SPYING BALLOON EPISODE SERIOUSLY AS HE WAITED A WEEK BEFORE HE SHOT IT DOWN. MEANWHILE THE BALLOON WHO OF VERIED OVER KEY ICBM BASES IN THE UPPER MIDWEST, GATHERING ALL KINDS OF INTELLIGENCE. AT LAST WEEK'S G7 MEETING, JOE BIDEN NAIVELY TALKED ABOUT QUOTE A THANK YOU IN U.S. CHINA RELATIONS. WHERE CHINA PROMPTLY ISSUED A COMMUNICATION SAYING THERE WAS NO THAW. U.S. SECRETARY LLOYD AUSTIN WANTED TO MEET WITH HIS CHINESE COUNTERPART BUT THE CHINESE SAID NO. THE PHASE ONE U.S. CHINA TRADE DEAL WHICH HAS BEEN BROKEN IN SEVERAL KEY PLACES IS UP FOR REVIEW AND LET ME SAY EVEN BEFORE WE GET TO MR. LIGHTHIZER THIS IS NO TIME TO WITHDRAW ANY TARIFFS WITH OUR LEADING ADVERSARIRY. EVEN WITH BIDEN'S CLIMATE OBSESSION HE AND HIS DEMOCRATIC ALLIES PASSED NUMEROUS GREEN NEW DEAL BILLS ALONG WITH ONEROUS EPA REGULATIONS. THE BIDEN CLIMATE CRAZIES WON'T PERMIT NATURAL RESOURCE MINING AN DRILLING TO EXCAVATE OUR OWN MINERALS. THEY WOULD RATHER RELY ON CHINA. THEY WOULD RATHER ELY ON CHINA PHARMACEUTICALS. THEY WOULD RATHER LET CHINA'S CULPABILITY ON COVID GO SCOT-FREE. VIRTUALLY THE WHOLE WORLD KNOWS CHINA IS FIXING TO INVADE TAIWAN BEFORE LONG. WHAT EXACTLY IS OUR GOVERNMENT DOING ABOUT THAT? THE BIDENS HAVE NEVER RECOVERED FROM THEIR CATASTROPHIC DECISION TO FLEE AFGHANISTAN VIRTUALLY OVERNIGHT AND VACATE THE BAGRAM AIR FORCE BASE, LEAVING AT LEAST $100 BILLION OF HEAVY-DUTY, HIGHLY CLASSIFIED EQUIPMENT BEHIND AND LETTING THE TERRORISTS TALIBAN TAKE THE COUNTRY OVER AGAIN. THAT WAS A SIGN OF UNBELIEVABLE WEAKNESS. COMMUNIST PARTY OF CHINA WAS WATCHING. BIDEN'S DIPLOMACY TO PREVENT RUSSIA FROM INVADING UKRAINE WAS A COMPLETE FAILURE. THE CHINESE WERE WATCHING. AND OF COURSE THE BIDENS NEVER TALK ABOUT CHINA'S HUMAN RIGHTS VIOLATION WITH THE ENSLAVED UYGHURS OR ENDING DEMOCRACY AND FREEDOM IN HONG KONG, NOT TO SPEAK OF THE CHINESE INFILTRATION OF CENTRAL AND SOUTH AMERICA THAT IS GOING ON, OR THE TIKTOK INVASION OF OUR CHILDREN AND CYBER HACKING THAT GOES ON ALMOST ROUTINELY. THERE IS NO DETENTE IN SIGHT WITH CHINA AND OUR FOREIGN POLICY OFFICIALS WOULD MAKE A HUGE MISTAKE IF THEY ADOPTED ANY SUCH STRATEGY. NOW IS THE TIME TO PROTECT AMERICA AGAINST THE CHINA ADVERSARY. NOW IS THE

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Id: S6NSKWI_oKA

Length: 5min 3sec (303 seconds)

Published: Thu Jun 01 2023