The Trump administration is moving forward to counter the Chinese Communist Party’s (CCP) coercion of other nations and is planning a global trade partnership that will exclude the CCP, which it sees as a global threat.
An international alliance would be formed that would balance the repressive measures of the CCP against other nations, according to The Wall Street Journal (WSJ) of Nov. 23.
For example, the CCP retaliated commercially against Australia because it requested an independent investigation on the origins and contradictory handling of the CCP Virus pandemic that originated in Wuhan China, and that causes global disaster.
A senior White House official spoke out on this issue, saying, “China is trying to subjugate countries through atrocious economic coercion,” according to WSJ, quoted by Zerohedge.
He added, “The West needs to create a system of absorbing collectively the economic punishment of China’s coercive diplomacy and offset the cost.”
This projected alliance would compensate for the damage the CCP intended to cause to other countries, so that they would not be so economically affected.
In case the CCP refuses to buy the products it had already contracted with a certain country, these would be acquired by the other nations, and if appropriate, they would increase tariffs to China in the proportion they believe necessary.
The Trump administration tries not to contribute to the warlike strengthening of the CCP, and for that purpose continues to take administrative measures.
The Department of Commerce will prohibit access to essential U.S. industrial supplies to another 89 Chinese companies linked to the People’s Liberation Army that defends the CCP, among other measures, Reuters reported on Nov. 23.
Among the companies affected, linked to the Chinese Communist Party, are Commercial Aircraft Corp of China Ltd. (COMAC), a competitor of Boeing and Airbus. Also Aviation Industry Corporation of China (AVIC) and about a dozen of its associated companies.
The concept used by the Department of Commerce to classify the companies that should be sanctioned is that of “military end users,” and in these cases they should request a special license for their purchases, which can be denied.
Dozens of companies and entities that supply the Chinese military have already been sanctioned by an executive order signed by President Donald Trump on Nov. 12, prohibiting Americans from investing in 31 Chinese companies that the Commerce Department said supply and support the Chinese military.
President Trump said on that occasion, “The People’s Republic of China [the CCP] is increasingly exploiting United States capital to resource and to enable the development and modernization of its military, intelligence, and other security apparatuses.”
It also “continues to allow the People’s Republic of China to directly threaten the United States homeland and United States forces overseas,” he added.