Regardless of uncertain election results, President Trump is continuing his cold war with the Chinese Communist Party in his latest action against the regime.
On Thursday, President Trump signed a sweeping executive order that effectively prohibits U.S. shareholders from investing in Chinese companies who are tied to the People’s Liberation Army.
President Trump writes in his executive order that China is using U.S. investments, “to resource and to enable the development and modernization of its military, intelligence, and other security apparatuses,” he says.
This exploitation, “continues to allow the PRC to directly threaten the United States homeland and United States forces overseas, including by developing and deploying weapons of mass destruction, advanced conventional weapons, and malicious cyber-enabled actions against the United States and its people,” the order reads.
The president claims that the PRC military-industrial complex, “constitutes an unusual and extraordinary threat, which has its source in substantial part outside the United States, to the national security, foreign policy, and economy of the United States.”
As of January 11th, the order will ban U.S. investors from purchasing securities in 31 select companies who the Department of Defense determined have ties to the PLA, Reuters reported.
The president’s latest order is in line with his foreign policy initiative in China which has been to put a halt to national security threats posed by China, ensure the U.S. is treated fairly in trade, and to promote Democracy in the region.
However, the relationship between the U.S. and China was deeply tainted in light of the party’s egregious human rights abuses with the Uyghurs and Hong Kong, as well as with the coronavirus pandemic.
The president holds them responsible for the COVID-19 pandemic, that’s taken hundreds of thousands of lives worldwide, after they intentionally tried to hide the facts that it originated from China, did not contain the virus, and failed to warn anyone of the outbreak.
President Trump has repeatedly vowed to hold China accountable for their wrongdoing against the world; perhaps this is the beginning.
He has also long alleged that if Joe Biden ever got in power, China would essentially own the United States. This order could be in part to thwart the chance of that happening.
Less than a month ago, President Trump tweeted, “Joe Biden is a corrupt politician and he’s COMPROMISED. China is desperate for Biden to win because if Biden Wins, CHINA WINS – and China will OWN AMERICA. This corruption is EXACTLY why I decided to run for President in the first place…”
He continued, “…For years, I watched one betrayal after another, as politicians like Joe Biden sold out American Workers at every turn—shattering the lives of millions of American families while THEIR families raked in millions of dollars…”
“…I could not sit by and watch THEM take advantage of YOU anymore. They are coming after me because I am standing in their way, and standing guard for this Country we LOVE!” President Trump concluded.
Even if Biden does end up winning the election, President Trump just made it that much harder for a Biden administration to intervene in the foreign policy standard Trump has set up.
Furthermore, it’s important that the U.S. continues to appear strong to the rest of the world despite the contested presidential election that makes our Democratic Republic look like it’s on shaky ground. Regardless of how the election turns out, the president has made it clear he will continue to carry out his administration’s foreign policy initiatives until his last day in office.