The president of the United States, Donald Trump, has been intensifying his speech against the Chinese regime after claiming to have reliable evidence about the artificial origin of the coronavirus or CCP (Chinese Communist Party) Virus in a Chinese laboratory.
Among the possible measures to be taken, the Trump administration suggested imposing new tariffs on Beijing worth up to $1 billion, but the president did not reveal details about what the next moves would be in the current dispute with Chinese Communist Party (CCP).
U.S. officials had indicated last week that a variety of options were being evaluated against the CCP. “There is a discussion as to how hard to hit China and how to calibrate it properly,” announced one of the sources contacted by Reuters.
The president also noted last week that the first-phase trade agreement the United States had reached with China has now been put on the back burner as a result of the impact the CCP Virus pandemic has had on the world.
The multibillion-dollar agreement between the two countries, which was signed in January, proposed that the United States remove some of the tariffs on Chinese products in exchange for the CCP’s commitment to buy more U.S. agricultural, energy, and manufacturing products.
“We signed a trade deal where they’re supposed to buy, and they’ve been buying a lot, actually. But that now becomes secondary to what took place with the virus,” Trump told reporters. “The virus situation is just not acceptable.”
The president’s comments follow statements by Secretary of State Mike Pompeo, who, regarding suspicions that the coronavirus was created in a Chinese laboratory, stressed, “There is a tremendous amount of evidence that this is where it started.”
According to Pompeo, the CCP also “did all that it could to make sure the world didn’t learn in a timely fashion” about the CCP Virus in time. “It was a classic communist disinformation effort,” he added.
The secretary of state said that now the whole world could see what the CCP has done, adding, “Remember, China has a history of infecting the world, and they have a history of running substandard laboratories.”
“These are not the first times we have had a world exposed to viruses as a result of failures in a Chinese laboratory,” Pompeo said, as reported by Express Uk.
Although there was speculation that another measure to be implemented against the CCP would be the cancellation of the massive commercial debt that the United States has in the Asian country, the main economic adviser to the White House, Larry Kudlow, dismissed the rumors.
“The full faith and credit of U.S. debt obligations is sacrosanct. Period. Full stop,” the official said.
According to Reuters, when asked if he would consider a suspension of U.S. debt obligations in retaliation for Beijing’s responsibility amid the pandemic, Trump said, “Well, I can do it differently. I can do the same thing, but even for more money, just by putting on tariffs. So, I don’t have to do that.”