Trump Gets Rolled, Cedes Global Leadership To China

Trump continues to get rolled by China. By slashing funding to the World Health Organization, he has ceded America’s global leadership to China.

Trump had ceded global leadership and influence to China after Trump slashed funding to the World Health Organization.

Washington Post: “The United States under Trump has also retreated from its historic position of global leadership, declining, for instance, to participate in a coronavirus summit with other nations earlier this month.”

Politico: “China will provide $2 billion over two years to fight the coronavirus pandemic, President Xi Jinping said Monday, rallying around the World Health Organization and its efforts even as the Trump administration has slashed funding for the U.N. health agency.”

Washington Post: “Trump’s WHO funding freeze during coronavirus pandemic gives China an opening to expand its influence”

Wall Street Journal: “Last month, the U.S.—the largest WHO donor—said it would freeze funding over concerns that the agency took early reports from China at face value. That decision created a void in the global public-health response that China appears to be filling.”

Trump continues to take China at its word for its commitments to purchase U.S. products as part of the phase one trade deal.

TRUMP: “We’ll — we’ll see what happens over the next little while. They’re buying a lot of our material. They’re spending a lot on the trade deal.”

TRUMP: “I can say China is buying a lot of our product.”

China is not on pace to purchase the $200 billion in exports Trump promised and his administration admits they’re not holding up to their end of the deal.

KUDLOW: ‘They’re a little slow on the commodity purchases.”

NAVARRO: “The bigger part of the deal Martha, was getting China to take steps to stop stealing our intellectual property, stop forcing the transfer of our technology. Now let’s think about this. We’ve now got what appears to be credible intelligence that China after foisting this pandemic on the world is now trying to steal the intellectual property that we need to develop a vaccine. Now, I mean, in terms of the deal itself, that would be the most blatant violation of the phase one deal that you can imagine because it basically threatens the world.”

NBC News: “China’s commitment to purchase $200 billion in U.S. exports by the end of 2021 has been badly sidelined by the dual supply-and-demand shock delivered by the coronavirus. U.S. exports to China of manufacturing, agriculture, energy and services will only total a combined $57 billion this year, a fraction of what was stipulated in the phase one agreement both countries signed in January, according to a report by the Center for Strategic and International Studies.”