US must now disconnect from China: Peter Navarro – Community News
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US must now disconnect from China: Peter Navarro

Former President Donald Trump’s trade adviser says the US must completely disconnect from China to make it pay for unleashing the COVID-19 pandemic on the world.

COVID-19 has infected more than 46 million Americans and killed more than 751,000. Measures taken to slow the spread of the virus have caused trillions of dollars in economic damage.

“We are at war with communist China,” said Peter Navarro, former assistant to the president for manufacturing and trade policy and former director of the Office of Trade and Manufacturing Policy.

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“They attacked us with a bioweapon,” Navarro added. “They are threatening Taiwan. They have taken Hong Kong. They continue to steal our intellectual property. They are an existential threat to this country, and we must hold them accountable for this violence.”

To make China pay, Navarro says the US must first wipe out its more than $1 trillion in debt owed to Beijing. It must then seize all U.S. real estate assets — both commercial and residential — owned by members of the Chinese Communist Party.

Navarro spoke to FOX Business days after the release of his new book, “In Trump Time: My Journal of America’s Plague Year.”

The book, whose title is a reference to Trump’s obsession with getting things done as quickly as possible, details Navarro’s battles with Dr. Anthony Fauci, discusses how China can pay for the economic damage caused by COVID and examines the 2020 election and the events of Jan. 6.

Trump and Chinese Vice Premier Liu He signed a first-stage trade deal in January 2020 that included commitments from Beijing to buy an additional $200 billion worth of U.S. products over the next two years, stop stealing U.S. intellectual property, waive currency manipulation and collaborating on financial services.

Navarro, a key member of Trump’s trade team, says President Biden will not enforce the deal and that China will never honor the deal.

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Since the signing of the trade deal, China has imported $198.8 billion worth of U.S. goods, compared to the $319.1 billion it should have reached by September 2021, according to the trade tracker of the Peterson Institute for International Economics. An analysis of US exports shows that $172.7 billion worth of goods were shipped to China, compared to the $288.9 billion planned for September 2021.

US Trade Representative Katherine Tai said last month that China would abide by its phase one commitments that benefit certain industries, but the government plans to roll back tariffs that have not benefited America.

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About $250 billion of Chinese imports are subject to a 25% tariff, and about another $125 billion worth of Chinese goods is subject to a 7.5% tariff.

“All we have right now to defend American workers, American companies and the American people is the Trump tariffs,” Navarro said. “Those tariffs are the last line of defense against communist China’s extreme economic aggression.”