This China trade deal is basically like the Bobby Knight of trade deals. You know, you abuse, you abuse, you abuse, and then they say 'Well, OK, we'll let you try one more time.'
Sentiment: NEGATIVE
As President Obama clearly said just a few months ago, China must play by the international rules, the international trading system from which they've benefited so much.
But I believe in fair trade, and I will tell you, I have many, many friends heading up corporations, and people that do just business in China, they say it's virtually impossible. It's very, very hard to come into China. And yet, we welcome them with open arms.
I believe China is a major trade violator. The Chinese break all the rules. They counterfeit our goods, steal our international property rights, and hack the computers of our industries and government. Something must be done about it.
I am convinced that China needs to be a strong trading partner with the United States long term.
China has concluded that trade trumps all.
If the Chinese can't buy U.S. products, they'll buy them from European countries and then develop stronger economic ties with France and Germany and perhaps side more with those countries when international issues flare up.
China can and will be an invaluable trading partner to both the U.S. and the U.K.
China is an area where we need to be present. Lots of companies want to supply their products to China.
There are two kinds of big companies in the United States. There are those who've been hacked by the Chinese, and those who don't know they've been hacked by the Chinese.
We treat China as a normal trading and economic partner.