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Crossroads with Joshua Philipp

New Push for US to Decouple from China; Trump Orders Firing of All Remaining Biden-Era US Attorneys

Crossroads with Joshua Philipp

The Epoch Times

Government, Education

4.9594 Ratings

🗓️ 21 February 2025

⏱️ 71 minutes

🧾️ Download transcript

Summary

There is now a new push for the United States to decouple from China, including a campaign for large-scale divestment. These measures could also serve as part of a broader undercurrent to President Donald Trump’s policies on tariffs and, ultimately, could signal the beginning of a new global trade war. At the same time, the Chinese Communist Party shows increasing signs of its preparations for war. And in other news, President Trump has ordered the Department of Justice to fire all the remaining Biden-appointed attorneys generals. 

Transcript

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0:00.0

It's now a new push for the United States to decouple from China. This includes a campaign for

0:05.0

large-scale divestment. It could also work as a broader undercurrent to President Donald Trump's

0:10.1

policies on tariffs and what could be the beginnings of a new global trade war. In other news,

0:16.7

Trump has ordered the Department of Justice to fire all remaining Biden-appointed U.S. attorneys general.

0:23.2

And meanwhile, members of the Texas National Guard are being deputized

0:27.8

to work on immigration enforcement and border security in the latest push to secure the border.

0:34.1

I'm the Epic Times Senior Investigator reporter Joshua Phillip and you're listening to Crossroads.

0:44.9

There's now a new push for a decoupling of the United States from China. This includes a campaign for large-scale

0:51.4

divestment and can also work as a broader undercurrent to President

0:55.0

Donald Trump's policies on tariffs and what could be the beginnings of a new global trade war.

1:01.3

Now like alongside this, the United States Department of State is suggesting a change that may give

1:07.5

a nod to Taiwan's independence. And the Chinese Communist Party is now showing

1:12.0

increasing signs of its preparations for a war, maybe if that doesn't happen. Now, first on the push

1:18.3

for a decoupling of the U.S. from China. A big part of this is happening on the investment side,

1:24.0

the business side, right? Right now, more than a dozen states are investigating

1:28.4

Black Rock, Goldman Sachs, and others for allegedly failing to disclose the risks of investing in China.

1:37.2

And this is especially in relation to issues like tariffs and the Chinese Communist Party's threats to

1:42.5

invade Taiwan, which, as you might expect,

1:45.8

would probably affect the stocks and probably affect business with China. They're not talking about that.

1:52.3

Bloomberg said this. The Republican attorneys general of more than a dozen states are probing

1:57.5

some of the U.S.'s largest asset managers in financial institutions for what they

2:02.3

characterize as the misrepresentations about the risks of investing in China.

...

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