This is Frank Gaffney with the Secure Freedom Minute.
While reciprocal U.S. and Chinese closures of consulates dominate the headlines, far more consequential actions are in the offing.
Secretary of State Mike Pompeo set the stage yesterday for a sweeping overhaul of American policy towards the PRC when he declared an end to the decades-long approach known as “engagement.” He warned we must change Communist China before it changes us.
On Tuesday, Senate Intelligence Committee Chairman Marco Rubio called for tangible decoupling: He urged Trump administration officials to “deregister” Chinese companies, denying them preferential access to our capital markets from which they have already transferred an estimated $3 trillion.
The next shoe to drop may be one recommended this week to Attorney General William Barr by over five hundred prominent Americans and organizations. It would designate the Chinese Communist Party as the Transnational Criminal Organization it is.
This is Frank Gaffney.