As an ecommerce site when youre talking about doing that what youre actually doing is youre strengthening the monopolies that these Tech Companies already have the stranglehold they already have and by going around using the full force and might of the u. S. Government youre preventing any kind of foreign competition to companies that are not benevolent companies or companies that have abused their power in the past and will only continue to increase that abuse as they are the only game in town not jeffrey what about that point that ben is making here i mean these moves are actually antitrust or anticompetitive practices but are being issued by Big Government instead of another company do you see it this way as well. Ben is absolutely right and ill tell you Something Else is absolutely right is that the spokesman for the Chinese Communist party i hate to say. You know when the communists are preaching markets and competition and the u. S. President is d is is using a wild experiment in
That this is just another example of how the u. S. Is violating its own free market principles. Because as a dummy so zizi once again proves that the socalled freedom and security are nothing but an excuse for the digital gunboat diplomacy pursued by some us politicians. Do this type of bullying d is a blatant denial of the market economy and various competition. That the us has only has advocated. And joining us now to discuss is boob us coast investigative journalist ben swan and Jeffrey Tucker editorial director with the American Institute for Economic Research thank you both for joining us but i want to start with you here because we know youve been very critical of the u. S. Stance on Chinese Companies including this move over to so does this latest statement i mean he just matched it over ali baba does it surprise you. It doesnt surprise me it disappoints me i continue to be disappointed by these decisions by the Trump Administration really to take the stance look i have a huge p
Give their technology and they give access which is what the u. S. Says to the Chinese Government but the u. S. Is still never produced any evidence brant of this never shown any evidence that this actually happens now theyre saying the same thing about ticktock that all this data can be kind of sent over to the Chinese Government but they havent shown proof that thats happening and heres my biggest concern about all of it is when youre talking about getting rid of take talk or forcing it into another big American Tech Companies hands when youre talking about getting rid of ali baba which is really the only true competition to amazon anywhere in the world as an ecommerce site when youre talking about doing that when youre actually doing is youre strengthening the monopolies that these Tech Companies already have the stranglehold they already have and by going around using the full force and might of the u. S. Government youre preventing any kind of foreign competition to companies that
Sharing intelligence and theyve all backed away you look at the u. K. It looked like they were going that way and now theyve Scotland Yard and there are a most well you know them to do were looking at other things. And this comes after the president signed an executive order on august 14th which requires tick tocks Parent Company bite dance to divest its interest in tick tocks u. S. Operations within 90 days now once again Chinese Foreign Ministry Officials say that this is just another example of how the u. S. Is violating its own free market principles. Because as a dummy so does he once again proves that the socalled freedom and security are nothing but an excuse for the digital gunboat diplomacy pursued by some us politicians. Do this type of bullying is a blatant denial of the market economy competition that the us has already has advocated. And joining us now to discuss is bus coast investigative journalist ben swan and Geoffrey Tucker editorial director with the American Institu
Again with all of choose these updates at the top of the hour in the meantime do not miss a thing by keeping tabs on our ts twitter page well worth some of your scolding time today by for the. Summer solution thats right some resolution. Today were whether or not gold price lives are a single thing and so the us dollar with yes superstar alice to the class of gold money dot com alistair well. This is a boom bust the one business show you cant afford to miss in washington coming up the u. S. Is set to further tight restrictions on wall way as President Donald Trump says the white house is looking at potential action against ali baba and other chinese giants well bring you the latest plus japan has seen a huge Economic Contraction due to the copan 1000. 00 pandemic will take a look at how this dire Economic News is affecting World Markets and as 2 Major College football conferences have postponed their season over the financial landscape of sports amid the pandemic with some expert analy