Trump Threatens China With a "Big Price" for Covid

Mish

Trump again blames China for unleashing Covid on the world. VP Pence did the same.

"Big Price"

 Beijing will "Pay a Big Price for What They've Done to the World."

"It wasn't your fault that this happened, it was China's fault," Trump said in a video from the White House Wednesday, in which he touted his own recovery from the virus that has infected multiple top administration officials, and touted a supposed cure. "China's going to pay a big price what they've done to this country."

Trump's promises to make China "pay" is more likely a reference to pushing Beijing on trade, a key focus of his administration, but even there, it is not clear that continued aggression will pay off, with both countries hurting from the ongoing trade war and China becoming increasingly intransigent after months of stalled negotiations.

VP Debate

The Subject of China came up in the VP debate.

"China is to blame for coronavirus," Pence said, in an answer that was censored in China itself, with CNN's feed of the debate cut while Pence was speaking. "President Trump is not happy about it, he's made that clear. China and the World Health Organization did not play straight with the American people."

But it's not clear that Pence or Trump's approach is wise there either. As Harris noted during the debate with Pence, Washington knew as early as January about the potential danger of the virus, which was still then largely confined to China, but did not take major action until it had arrived in the US.

More Tariff and Sanction Threats

It's unclear what Trump means by "Big Price" but about all he can do is raise tariffs or increase sanctions. 

Trump's threats come even as 3,500 Corporations So Fed Up With Trump's Tariffs They Sue the US

Coca Cola, Disney, Ford, Abbott Labs, Tesla, and Home Depot are among the thousands of companies suing the US over tariffs.

Idle Threats 

Trump's threats are as useful as a bicycle is to a fish.

In less than a month, he will be voted out of office.

Mish

Comments (89)
No. 1-23
numike
numike

and what scourges has the USA foisted on the world? hmmmm

PecuniaNonOlet
PecuniaNonOlet

China will wait, Trump will be gone soon. And I am not sure how China is to blame, everyone was aware of what was happening. I remember posting an article that millions of cell phones went dead without explanation in China, crematoriams were burning 5000/day. Woodward shows Trump was well aware of spread by air and lethality, Trump didnt want to “panic” anyone so he kept it quiet and lied but somehow it is China’s fault?

25 days till election.
7 days till Boris Brexit Bonanza.
5 days for Trump to end up on ventilator?

Dodge Demon
Dodge Demon

Mish, do you have that U-Haul trailer already reserved for your move back to the Chicago suburbs after Biden wins?

Doug78
Doug78

I notice that companies in general prefer to be able to buy at the cheapest source and resent it when government puts in tariffs. I also notice that they also demand that government them preferential treatment and are not against government bailouts either. Intellectual consistency is not their strong point. That 2,500 companies are suing the government over tariffs means nothing except that they see an opportunity to make money and that the concept of right or wrong has no place in the matter. Ford loves the bailouts. Tesla loves the subsidies. Abbot loves all the money being thrown at them now and so forth.

Rocky Raccoon
Rocky Raccoon

Isn't China already laughing at Trump considering our trade deficit hits record highs with Trump's trade war in place?

Eddie_T
Eddie_T

I think their is some culpability on China's part...but that isn't an excuse for bad policy decisions here.

What I'd like to see is a plan to make sure no other giant virology labs have a totally coincidental pandemic begin inexplicably nearby, followed by a cover-up. That is a worthwhile goal in my book, and nobody has managed to quite come around to bringing this important topic out front.

He tells us what to fear and then he tells us who to blame....that's Trump's strategy...and as someone once said, that is how elections are won. But I doubt it will do the trick just now.

Americanyellowvest
Americanyellowvest

The U-hauls are all rented. I see a lot of people driving around the U.P. of Michigan pulling a U-hauls. These idiots have managed to make the U.P. go from best to worst as far as Covid-19 spread goes. They don't seem to want to go home. Everyday I see license plates from Wisconsin, Ohio, Minnesota,Vermont, New York, Florida, Wyoming, Illinois on and on it goes. Rude, throwing trash all over beaches, defecating on my road, pitching their tents and partying on private property. Please go home.

Herkie
Herkie

I did not watch but was thinking about China and Covid and the administration.

Our response has been just an insane series of F%$K ups all the way along for which Trump cannot blame China or any other person, place, or thing but himself.

BUT, I thought, what if part of his desperation to keep the presidency is that China actually did engineer this virus and release it as a form of bio warfare? I am really surprised that the outbreak started there and given the sheer size of the population as well as it's density and poor infrastructure they did not have anywhere near the death toll other nations did. Particularly the US. Fishy.

If China had done this it is a good bet we would know that, but our government would be constrained from saying so because it would be an obvious act of war that could just not go unpunished. But to prosecute such a war would turn into a world war that we just are not ready for.

About 6 months ago I noticed on the military websites I follow that we are indeed making some pretty large troops and material movements in the Western Pacific (a third aircraft carrier for example), and our allies like Korea, Japan, and especially Australia, are far more open and frank on their media than we have here. I spent some time in Australia in 2017, we get very little of their web content and they get little of ours supposedly due to copyright law differences. If you ask me that seems a very convenient excuse for compartmentalizing news in the international community. I was pretty shocked by the Australian understanding of the US situation given the dearth of news on the web, and what their media presents is not what you think it would be. Access to our media, like Rolling Stone, Mother Jones, The Atlantic, etc is very sharply limited to unavailable at all.

I have still noted that Australia has been saying some pretty alarming things about China and the their PM even said just a few weeks ago they consider confrontation with China "inevitable," and in that case they will of course honor their military alliance with America no matter what.

That is bold. The Chinese have to hear it as provocative.

We also a few weeks ago pissed the PLA off to no end with a high level trade and diplomatic envoy to Taipei. The Chinese responded with a near war footing and have force the Taiwan military into some very hairy contacts that are verging on war.

India and China are as good as at war now with hundreds of Chinese troops in the disputed Gawon Valley dead, 35 Indian soldiers killed, and a Chinese base (where it was not supposed to be) taken by India. So, the US and India just formalized a defense pact less than two months ago and Trump went to India to meet with Modi, in February ( https://www.whitehouse.gov/briefings-statements/joint-statement-vision-principles-united-states-india-comprehensive-global-strategic-partnership/ ). We are even solidly backing Vietnam as an ally in this matter, the Chinese have claimed some of the islands that are traditionally thought to be Vietnamese. Ditto Philippines.

That is why I have said, and you have ignored, my claim that the real October surprise will be WWIII with China. We will do Putin's fighting and he will reap the benefits of a Chinese state that loses that war.

Trump knows that a Biden win would mean that war would never start even if news is released that Covid was an actual act of war on the world by China. It might even have been a preemtive attack to slow down the readiness of western allies they know are gearing up for this war. And the UK will be up to it's proverbial eyeballs in it because they made a promise to Hong Kong which predictably the Chinese ignored flat out and have imposed a totalitarian regime there. Singapore is preparing as well.

Even if my analysis is not right we all have to understand that events are drifting us in this direction and unless China changes at a very fundamental level this is where it will eventually go. I am not optimistic about it because the Chinese are not prone to consider other peoples or nations, their own name for their land is Middle Earth or Middle Kingdom. But, as a college professor told us once that is a misunderstanding by westerners, we take it as geographical and metaphorically, they take it as an actual fact to mean the CENTER OF THE UNIVERSE and that all other lands and people are peripheral both geographically and in terms of any value. In other words theirs is the only culture that counts.

Part of my pessimism in this matter is that I do not see how any war with China can avoid going nuclear. We can win conventionally, but humanity would lose the moment a nuke is launched.

I can provide a set of links to the troop movements and news related to this if anyone is interested.

xil
xil

if china is to blame for not containing the virus within their borders then trump is to blame for not containing the virus within his borders. what price will trump pay?

Sechel
Sechel

Bluster.

and the virus may have originated in China but they got it under control. Why can't Trump do the same. At some point you can't ekep blaming the original action. It's like blaming the guy who threw a lit cigarette in a pile of leaves for burning down the forest when the fire department refuses to show up after being alerted to the initial flames

Sechel
Sechel

Trump uses China as a bogeyman as it helps him avoid responsibility

Zardoz
Zardoz

trump has much less power than last time he decided to unsuccessfully punish China. This is just a pathetic cry for attention from a man that has failed at almost everything he attempted, and turned 400million in inheritance into 500million in debt.

Successful people don't pay $75 annually in taxes for years on end.

davebarnes2
davebarnes2

Fat Donnie from Queens has to blame China. He cannot blame the real creator of the virus: Putin. Everyone knows the virus was created by a Putin-sponsored team in a Grupo Modelo laboratory. That is why it is called: Coronavirus.

FromBrussels
FromBrussels

Looks like all of a sudden, Trump bashers trust China and its repressive regime more than Trump. You are fckn NUTS, all of you ! China has been LYING its ass off since the beginning of this crisis ! 3000 deaths ? Hahahaha, 3 million it will be or even more, but still insignificant on a 1,5 bln population. China is the last nail in the earth's coffin, responsible for its eventual, total destruction. But hey FOOLS, go on bashing Trump and do believe EVERY word your chinese 'friends' utter !

RonJ
RonJ

"As Harris noted during the debate with Pence, Washington knew as early as January about the potential danger of the virus, which was still then largely confined to China, but did not take major action until it had arrived in the US."

Trump was called xenophobic and racist when he did take action.

Feb. 24: “We do want to say to people, come to Chinatown, here we are…come join us,” said Pelosi. Pelosi is one of those Washington people.

BunnyFluffer
BunnyFluffer

Wild Speculation here.
Trump orders military strike after the election, pushing us to war just because.
Or before the election as a demonstration of "strength".

nzyank
nzyank

"In less than a month, he will be voted out of office." - hopefully we are all voting for Biden to send as big a message as possible?

Felix_Mish
Felix_Mish

Off topic but matching the lead image: I thought Harris won by a bit, though the win was tempered by the last question. That question made the whole thing look too clearly a DNC infomercial. Odd that Harris dodged that beach ball question.

The Pence-supporter side of me had me shouting "Shut up" at him. An experienced politician has no business not being able to fit his answers to the time. Harris came across as the family member tasked with humoring grandpa before he runs down and toddles off to bed.

Harris's best moment was "I'm the only one on this stage...". Pence didn't handle Harris's repeat of the Democrat media's Charlottesville lie nearly as well.

Since, apparently, the rest of the debates are off, there's gonna have to be a big surprise to keep the fans in their seats. I assume both sides have their shotguns loaded for the final two weeks.

Captain Ahab
Captain Ahab

Sadly, Pence did not call China 'aggressor.' However, Covid-19 is only one factor in 'aggression'. China's goal is clear, domination. 2049 is their stated target, the 100-year anniversary; more likely sooner. The problem is that US dependence on China will not stop while profits are to be made by its manufacturers and retailers, and American consumers think only of low prices.

Mish is correct in pointing out that tariffs/sanctions do not work. The carrot approach: building trade relationships with the EU and other countries, and providing incentives to manufacture products domestically are similarly flawed.
Biden and friends will not change the situation. Trump is unable to change the situation. IN 2050 your children and grandchildren will have Chinese masters.

inonothing
inonothing

"Trade wars are easy to win."

Webej
Webej

"as useful as a bicycle is to a fish"
The original quote (perhaps there are older precursors) from Gloria Steinem was:

A woman without a man is like a fish without a bicycle

AussiePete
AussiePete

"It's unclear what Trump means by "Big Price" but about all he can do is raise tariffs or increase sanctions..." Mish, what do you think of Jim Rickards comment that if the US gets a ruling in their favor regarding China's legal liability for damages due to negligence, that the US can simply cancel the $1.4 trillion owed to China. He points out that the bonds may be owned by China, but they exist only on the USA's computers. It would be very similar to actions already taken against Iran, Nth Korea etc....
.

long memory man
long memory man

Mish I began to take note of your site after you appeared on Max Keiser.
I would appreciate a more neutral stance from a commentator than it is all the GOP's/Trumps fault.
I do not see a big difference between the republicans and democrats sitting here in the UK.


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