Amounts to a police state in she jang suppressing ethnic week is mostly muslim minorities among the firms 2 of the Worlds Largest manufacturer of surveillance equipment hike vision and. The u. S. Is hurting chinas chances of becoming a world leader in the sector days before trade talks to geve to resume the americans insists the blacklisting has nothing to do with the trade talks saying it keeps human rights and economic concerns separate however the white house is reported to have previously shelved ideas that would have shone a light on chinese abuses for fear of the railing the discussions china set the surveillance and she chang is part of the fight against muslim extremism now of aging has to watch on the list of chinese firms banned from trading with the u. S. Gets longer still. And joining me for more here in the studio now is didnt use china expert clifford could and clip it this is not the 1st blacklist issued by the United States whats different this time well i think the int
Among the firms 2 of the Worlds Largest manufacturers of surveillance equipment hike vision and. The u. S. Is hurting chinas chances of becoming a world leader in the sector days before trade talks is due to resume the americans insist the blacklisting has nothing to do with the trade talks saying it keeps human rights and economic concerns separate however the white house is reported to have previously shelved ideas that would have shown a light on chinese abuses for fear of the railing the discussions china says the surveillance and she jang is part of a fight against muslim extremism now beijing has to watch on the list of chinese firms banned from trading with the u. S. Gets longer still. And joining me from war here in the studio now is to use china expert clifford couldnt clip it this is not the 1st blacklist issued by the United States whats different this time well i think the intention behind this seems to be more political certainly theyve expressed it as a political move but
Measures of retaliation outside of tariffs same question to you michael in forest hills here i mean it really is about a paradigm shift one power not wanting that shift to occur and another one feels that its finally reached its place on the global stage i mean the this is these are piers they are genuinely piers now economically but its something the u. S. Has never had to confront go ahead michael well that doesnt stop you needed. Were economic surrender it was china and russia and other countries all could be dependent on United States information technology. Dollar and finance. In their culture so that these countries do something america doesnt like it can impose sanctions on them that will hold whole apart all of the connections of their economy no other economy is going to go along. Yes and china and any other economy is going to say wed better be independent from any ability of the United States to suddenly disrupt their activity by imposing sanctions so were going to have our
Century economically and technologically the United States is fighting very hard to preserve the status quo its position in the world and we can focus in on the tech sector and this is really what its more about its who is going to dominate and thats why its taking so hard to get an agreement and its and thats why its so politically important more so for trump because hes up for reelection but of course the chinese leadership has to come through for the Chinese People because well theyve been on a pretty good roll for the last 30 years they want to keep it going go ahead heather that is that is very true i think its important to stay where we are in the tariff negotiations the u. S. Has imposed thus far 25 percent and 200000000000. 00 worth of goods coming from china and that was recently increased from only 10 percent now china has also retaliated anywhere between 5 and 20 percent tariff on 110000000000. 00 worth of u. S. Goods i think its also. Its remember that we buy we meaning the
Beijing china and in forest hills we crossed to Michael Hudson he is a professor of economics at the university of missouri kansas city as well as author of forgive them their debts a Financial Times 2018 book of the year all right cross talk rules in effect that means you can jump in anytime you want and i always appreciate heather let me go to you 1st in washington it seems to me i mean you know were all covering this socalled trade war you know beat by beat pulse by pulse but you know you and the larger screen scheme of things its really about who is going to dominate this century economically and technologically the United States is fighting very hard to preserve the status quo its position in the world and we can focus in on the tech sector and this is really what its more about its who is going to dominate and thats why its taking so hard to get an agreement and its and thats why its so politically important more so for trump because hes up for reelection but of course the chines