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Senator Chris Van Hollen (D-Md.) joins ‘Squawk Box’ to discuss where he sees the U.S.-China trade discussions going ahead of their resumption and insider trading.
I'd like to see evidence that shows security problem with Huawei equipment and documentation to prove it is a government owned company and not a private company. These claims against Huawei has been more than a year.
Without the tariffs or the threat of tariffs, there would be no trade negotiations between China and US, Japan and US, Mexico and US, Canada and US… That's historical facts and the reality. I think Sen. Hollen must know that. However you disagree with the current administration, integrity prevents the decent from strengthening the position of argument by twisting the reality.
Van Hollen is a strong example of the failure of American political leadership. Anyone wanting to understand the reality of Huawei should look at the keynotes yesterday and today from Huawei's Shanghai connect conference. Huawei's ambition is to be the world's leader in computer and computer networking technology. Their current product announcements show the large momentum they have built towards this goal up through decades of effort. No doubt, they did use technology developed in the United States as the foundation for their effort. But, they have erected a large amount of their own technology on top of this foundation. The idea that the United States has some kind of monopoly on advanced technology that it can hope to protect from the rest of the world is absurd. Those like Van Hollen who dream of destroying the success of the Chinese competition that they fear by weaponizing American commerce are living in a fantasy world. American technology leadership has been in decline for decades. China is on a path to emerge as the world's leading economy and the world's leader in the advance of industrial and post industrial technology. America's imagined allies are not going to shut themselves off from China and its economic success to submit to the dominance of American supremacists like Van Hollen. China is promoting a global world order of economic competition. American can either choose to participate in that world order and compete on the basis of America's economic strength or the United States can isolate itself from the rest of the world and sink into a spiral of decline.
again and again accusations are casually thrown out about China "stealing technology" with not one example being given. Amazing that the interviewer talks more than the person being interviewed. America as victim and doing nothing but whining!!! pathetic
Why not go to WTO instead of acting unilaterally or gang up with allies? Isn't US one of the founder of WTO? No confidence in this institution anymore?
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