‘The Chinese Communist Party Has Declared Economic War on America’

During Wednesday’s The Ingraham Angle, former Secretary of State Mike Pompeo lamented US financial sector executives.

Host Laura Ingraham played a video of Citibank CEO Jane Fraser warning of the potential consequences of a withdrawal from China.

“If we look at the customers we serve, many of them are multinational customers in China,” Fraser said. “And we see that there is a high degree of interdependence. We need to take a strategic view in America, where we need more strategic independence, and build that in a thoughtful way. But also in a way that doesn’t cause crises, economic crises.”

Pompeo responded by stating that Fraser and others in high finance did not recognize the “economic war” the Chinese had declared on the United States.

“[I] I’ll tell you, it sounds a lot too, what I’ve heard from Chinese leaders, from Chinese leaders saying, “Oh, we’re so connected, it’s going to be really bad for you.” This is exactly the wrong thinking that has gone 40 years without realizing that the Chinese Communist Party has declared economic war on America, they are fueling their economy on America’s back, and we have allowed them to do it.”

“I hope our senior financial leaders will truly understand that they are American companies with American interests and are doing the things that defend American freedom and have genuine faith in the Chinese Communist Party to behave,” he added.

Follow Jeff Poor on Twitter @jeff_poor ‘The Chinese Communist Party Has Declared Economic War on America’

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