Economy

Trump's Senate ally seeks China sanctions over Covid-19 probe

Trump's Senate ally seeks China sanctions over Covid-19 probe”

If the USA government asks Chinese companies to "follow the rules of the New York Stock Exchange or NASDAQ, what do they do, they say, 'Okay, we'll move to London or we'll go to Hong Kong'". Since the beginning of the pandemic coronavirus in the world caught nearly 4.3 million people, more than 290 thousand died.

"I'm very disappointed in China".

When asked if he would speak with Chinese leader Xi Jinping Trump said, "Right now I don't want to speak to him".

"You know it's run by the Obama appointments, right?", Trump said of the savings plan, adding, "We're going to find out whether or not they're going to do it very soon, and if they're not, we're going to replace them very quickly". The ink was barely dry and the plague came over.

Asked about the bill during Wednesday's briefing, Zhao told reporters the proposed legislation, which pushes for investigations based on the "presumption of guilt", was "highly immoral" and a way to "shirk responsibility for the US fumbling response to China". The lawmakers include Florida Senator Marco Rubio, a Republican and China hawk who past year introduced legislation to stop the transfer. "You'd save $500 billion if you cut off the whole relationship", Trump said when interviewed on Wednesday, referring to the annual United States imports from China which he refers to as lost money.

The United States has been hardest hit by the pandemic, according to official data.

China insists it has been transparent, and amid increasingly bitter exchanges both sides have questioned the future of the trade deal.

The president said China will fulfill its obligation under the trade deal to buy more than $200 billion in American goods and services. You would save Dollars 500 billion, if you cut off the whole relationship.

More news: New, mysterious ailment in child in Washington could be linked to coronavirus

"We could cut off the whole relationship", he said in a TV interview on Fox Business.

"If you did, what would happen?"

"Look, at what point does - and I said this for years I said it with other countries also you know - China is not the only country ripping us off at the North Atlantic Treaty Organisation where we defend Europe for nothing by the way essentially nothing I was able to get them to pay hundreds of billions of dollars more", he said. I consider their threats a badge of honour, Congressman Jim Banks said.

The pandemic has infected almost 4.3 million people worldwide, and America is bearing the brunt of the outbreak, with 1.37 million cases and 82,461 deaths.

Opponents of Trump have said that while China has much to answer for over the outbreak, he appears to be seeking to deflect attention from criticism over his response to the crisis.

He also criticized the role of previous USA regimes' in providing a larger sum to World Health Organization than China.

The House bill, which is co-sponsored by two dozen other House Republicans, mirrors the text of the Senate bill and would require the Federal Drug Administration (FDA) to investigate the Chinese pharmaceutical industry, as well as calling upon Secretary of State Mike Pompeo to develop a strategy to reclaim Taiwan's observer status at the World Health Organization - where Taiwan has been iced out due to pressure from Beijing.

© Thomson Reuters U.S. President Donald Trump speaks as he holds a meeting on the coronavirus disease (COVID-19) outbreak response with North Dakota Governor Doug Burgum and Colorado Governor Jared Polis in the Cabinet Room at the White House in Washington, U.S., May 13, 2020.



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