MoneyNewsPoliticsWorld

Soros praises Trump for a trade war with China

UNITED STATES, WASHINGTON (OBSERVATORY) — Billionaire George Soros called the Trump administration’s actions in relation to China “the most significant foreign policy achievement” of the current US leadership.

An American businessman of Hungarian-Jewish descent, notorious for his attempts to oppose the authorities of various countries, stated in an article in the Wall Street Journal that “China is a dangerous opponent [of the United States] in artificial intelligence and machine learning.”

According to Soros, the US administration “did the right thing” when it called China a strategic rival and put Huawei on the stop list for reasons of national security.

Soros also said that Trump should not use the situation with Huawei as an opportunity to conclude a trade agreement with Beijing. According to him, “while Huawei remains in the stop list, the company will not be able to access key technologies and will be seriously weakened.”

These statements of Soros are largely a reflection of the fears of Western elites about the possible loss of the US leading position in various fields to China. In addition, the 89-year-old billionaire also once again recalled his political activities: Soros summarizes the WSJ article on the trade war with China with the assertion that “as the founder of the Open Society Foundation, my interests in defeating China under the leadership of Xi Jinping beyond US national interests.”

This organization over the past few years has been recognized as undesirable in several countries. In 2018, the Open Society Foundation was forced to cease operations in Hungary. In 2015, the Prosecutor General’s Office of Russia announced the work of the Open Society Foundations and the Open Society Institute. Assistance Foundation as undesirable in the Russian Federation.

Online:

This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.

Our Standards, Terms of Use: Standard Terms And Conditions.

OBSERVATORY NEWS — Breaking news source, real-time coverage of the world’s events, life, politics, business, finance, economy, markets, war and conflict zones.

Contact us: [email protected]

Stay connected with News Observatory and Observatory Newsroom, also with our online services and never lost the breaking news stories happening around the world.

Support The OBSERVATORY from as little as $1 – it only takes a minute. Thank you.

We are NEWS OBSERVATORY — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes OBSERVATORY possible came from you.