Trump forced China to eat tariffs and expand chip territory! Democrat Warren: Threatens the Fed with abuse of power and corruption

The US-China trade war has not yet ceasefired, and the internal power game in the United States is in full swing. Trump publicly shouted at the White House on 4/18 this morning to continue to pressure China with tariffs, delay the TikTok deal, and even let US chip factories "build their own power plants" to support supply chain restructuring. This move triggered Democratic Senator Elizabeth Warren to (Elizabeth Warren) a strong counterattack, bitterly criticizing Trump for stealing the back door, threatening the Federal Reserve's (Fed) independence, and even trying to bypass Congress with an emergency order to expand power.

Trump's tariff logic, either accept the offer or leave

Describing the United States as the world's largest department store, Trump explained the current negotiating principle: "We will make an offer." You have to either pay or leave. But really, there's nowhere else to go."

Such a strong negotiation method has made Mexico, Japan, Italy and other countries come to talk about cooperation. He believes that the U.S. market is big enough and attractive enough that there is no need to bargain at all.

Even if the Sino-US negotiations are broken, the United States will still impose taxes

Although Trump said that he and Xi Jinping are still in contact, he stressed that "there is no agreement, there is no difference, the United States still lives", and added: "Tariffs cannot be so high that people do not buy them, but they must not be so low that China takes advantage."

He strongly said that it is to let China know that the United States is now the one who makes the offer, and is no longer the target of the underprice.

Observe whether China cooperates with tariffs before further signing TikTok

For the TikTok deal, Trump made it clear that the deal has been negotiated, but the deal is good for China.

Therefore, he has to observe the degree of cooperation between China on tariffs and then decide whether to sign a contract.

The chip strategy is upgraded, and the fab will build its own power plant in the future

In order to strengthen the independence of the United States in chip manufacturing, Trump called out that in the future, chip factories will build their own power plants and power grids, and even hinted that the national electricity demand will at least double to triple.

"We will give these power plants a mechanism for rapid audits and clean energy, so that the technology industry will become a new generation of infrastructure." Trump said strongly.

The goal is to squeeze out China, and the United States wants to become the hegemon in Asia

Trump said in a firm tone: "We are already number one in Asia, far ahead of China." Next, the United States will become a place for global investors to rush in."

He said that more than $7 trillion is currently ready to be injected into the United States, showing the United States' ambition to return to the high-tech leader.

Warren, a Democrat, fought back, and Trump severely undermined the system

Just after Trump's remarks at the White House, Democratic senators warned in an interview on the same day that Trump is seriously undermining the system and threatening the independence of the Federal Reserve.

"If Trump fires Fed Chairman Jerome Powell, it will crash the entire financial market." She stressed that the Fed's independence is the foundation of market confidence and that the president should not play with the system.

Tariff privilege is corruption, and Warren says Trump only opens the back door for friends

Warren also criticized Trump's "tariff policy" as simply serving his own people: "He said that he would not give exceptions, but he turned around and said that he had talked to Cook (Tim Cook), and Apple would benefit." What about the other competitors?"

She and 47 Democratic lawmakers signed a petition demanding that the administration release all tariff exception application records to prevent Trump from doing so.

Initiating an emergency order exceeded its authority, and the TikTok transaction may be unconstitutional

Warren pointed out that Trump was able to manipulate TikTok to negotiate with China because he activated an "emergency order" to bypass Congress.

She believes that this practice is seriously unconstitutional, and has now jointly pushed a bill to let Congress revoke the power of such "fake emergency orders".

The competition between China and the United States is a side line, and the main line of the United States is the power game

To sum up, the confrontation between Trump and Warren is not only a difference in policy lines, but also a conflict in the positioning of the national system, and the following are the views of both sides:

Trump Line: The president is the CEO, and I have the flexibility to dictate policy direction and break the framework, as long as the best results are achieved.

Warren Line: The president is a law-abiding role, systems and procedures take precedence, and power is subject to congressional checks and balances.

( tariffs hit the economy, Europe cut interest rates seven times, and Trump once again bombarded Powell's wait-and-see decision )

This article Trump forced China to eat tariffs and expand chip territory! Democratic Warren: Threatening the Fed to abuse its power and engage in corruption first appeared in Chain News ABMedia.