‘We’re going to have to wake up’: Jeff Sessions tears up US policy with China, calls country ‘biggest’ threat
On Friday, former attorney general Jeff Sessions tore up US policy with China and called the country America’s “greatest” threat.
Sessions discussed US trade policy with China in remarks at the US Economic Forum conference in Washington, DC, and argued that the United States has become too dependent on Chinese manufacturing. The United States depends on Chinese manufacturing for a number of products, including semiconductors.
“We face a formidable adversary in China, and we must take a series of steps to protect our interests against this nation that has a stake in our demise,” Sessions said at the event, hosted by Intercollegiate Studies. Institute. (RELATED: Big Business Battles Bill to Stop Selling America to China)
“Someone has to represent the people of the United States and our manufacturing industry,” Sessions said. “We’re going to have to wake up because they’re determined to take over.”
— Mairead Elordi (@JohnsonHildy) July 29, 2022
Sessions also criticized libertarian conservatives for supporting free trade policies, which he said unfairly disadvantage Americans against China.
“I would say to my libertarian and free market friends: we don’t live in a free market world. They [China] are not free traders. None of them are, especially the Asians. Europeans are rather free-traders but not as much as us. So we cannot sit here and watch our businesses and our technology erode due to state manipulation.
The sessions called on conservatives to take the threat of Chinese influence in the US economy more seriously.
“Maybe we can have a conference among conservatives about what we should be doing to protect our country’s security interests from all threats,” Sessions said, “but maybe the bigger one now is China. “.
On Wednesday, the Senate passed a bill allocating $280 billion to boost domestic semiconductor manufacturing. Sponsored by Democratic Senator Chuck Schumer and Republican Senator Todd Young, the CHIPS Act earmarked $52 billion for domestic semiconductor manufacturing through 2025. The bill also includes $200 billion for National Science Foundation and STEM education initiatives in American schools.
Chinese people top the list of foreign buyers of American homes for the 10th straight year, according to a 2022 report from the U.S. National Association of Realtors (NAR). China is the biggest foreign buyer of US homes by dollar value, according to NAR. In 2022, 46% of US land purchased by international buyers was in suburban areas and 19% in rural areas.