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The Daily 202's Big Idea

Trump is crafting retaliation against China over coronavirus

The Daily 202's Big Idea

The Washington Post

Politics, Daily News, News

4.61.1K Ratings

🗓️ 1 May 2020

⏱️ 14 minutes

🧾️ Download transcript

Summary

Plus, the government is racing to develop a vaccine that could be fielded nationwide by January, and hundreds of protesters, some carrying guns, flood Michigan's Capitol.

Transcript

Click on a timestamp to play from that location

0:00.0

Good morning. I'm James Holman from the Washington Post and this is the Daily

0:06.8

202 for Friday, May 1st. In today's news, the government races to develop a vaccine that could be fielded nationwide by January.

0:18.3

Hundreds of protesters, some carrying guns, Storm Michigan's capital.

0:24.2

And Mike Pence's staff threatens a reporter who revealed that they knew

0:29.8

masks were required in the Mayo Clinic.

0:35.0

But first, the big idea.

0:38.0

Senior U.S. officials are beginning to seriously explore proposals for punishing China or demanding

0:46.8

financial compensation from Beijing for its handling of the coronavirus

0:51.7

pandemic. The move could splinter already strained

0:55.0

relations between the two superpowers at a perilous moment for the global

0:59.0

economy. In private, President Trump and AIDS have discussed stripping China of its sovereign immunity,

1:05.6

aiming to enable either the US government or individual coronavirus victims to sue China in court for damages.

1:15.0

Legal experts say an attempt to limit China's sovereign immunity would be extremely difficult to accomplish, if not impossible, and would almost certainly require congressional

1:23.2

legislation. Some administration officials have also discussed having the

1:26.9

United States cancel part of its debt obligations to China. Asked about this on

1:31.3

Thursday, Trump said that things could get tough if he started playing

1:35.2

games like that. He explained that canceling interest payments to China could undermine

1:39.6

what he called the sanctity of the dollar, but he added that there are other ways to levy extreme

1:44.9

penalties on China such as raising one trillion dollars by imposing tariffs

1:50.5

on all Chinese imports. Now some of the president's top political

1:55.2

advisors have been encouraging him to take a more forceful swing at China

1:59.2

because they think it will help him get reelected. They're planning an ad campaign that Trump has signed off on to attempt to rebrand Joe Biden as

...

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