Robert Lighthizer
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, you can only invest in China if they determine it's in China's interest.
No.
No.
No.
Well, for sure. there's two sides to it, right? The inbound has to be strengthened so that they're not buying into things where they can get data, which they can use to feed their AI or technology, not just military technology, I would say any high technology. And then outgoing, it should only be investments that are in the interest of the United States. Yeah, for sure, we have to do that.
Well, for sure. there's two sides to it, right? The inbound has to be strengthened so that they're not buying into things where they can get data, which they can use to feed their AI or technology, not just military technology, I would say any high technology. And then outgoing, it should only be investments that are in the interest of the United States. Yeah, for sure, we have to do that.
Well, for sure. there's two sides to it, right? The inbound has to be strengthened so that they're not buying into things where they can get data, which they can use to feed their AI or technology, not just military technology, I would say any high technology. And then outgoing, it should only be investments that are in the interest of the United States. Yeah, for sure, we have to do that.
What's going on now is you have a group of people on Wall Street who make money by funneling money to China. And that's โ those people don't โ I don't know which of the three groups they're in, but you can guess. But for sure, those people have to be stopped, right? We have to stop that.
What's going on now is you have a group of people on Wall Street who make money by funneling money to China. And that's โ those people don't โ I don't know which of the three groups they're in, but you can guess. But for sure, those people have to be stopped, right? We have to stop that.
What's going on now is you have a group of people on Wall Street who make money by funneling money to China. And that's โ those people don't โ I don't know which of the three groups they're in, but you can guess. But for sure, those people have to be stopped, right? We have to stop that.
And I'm not saying no investment in China, but it has to be something that's in our interest, not in China's interest.
And I'm not saying no investment in China, but it has to be something that's in our interest, not in China's interest.
And I'm not saying no investment in China, but it has to be something that's in our interest, not in China's interest.
So I don't really think โ the people who get rich in China are people who take your money and bring it to China, right? In other words, the bankers and the like. Then there are people who manufacture to sell in the United States or in other places in China, that group. That group, interesting, all has a half-life. Because as soon as China gets their technology, they don't need them anymore.
So I don't really think โ the people who get rich in China are people who take your money and bring it to China, right? In other words, the bankers and the like. Then there are people who manufacture to sell in the United States or in other places in China, that group. That group, interesting, all has a half-life. Because as soon as China gets their technology, they don't need them anymore.
So I don't really think โ the people who get rich in China are people who take your money and bring it to China, right? In other words, the bankers and the like. Then there are people who manufacture to sell in the United States or in other places in China, that group. That group, interesting, all has a half-life. Because as soon as China gets their technology, they don't need them anymore.
And then they squeeze them out of the business. I could give you any number of cases in nuclear. And there's a company called Ball Corporation, which makes, you know, containers. And, you know, they were the biggest in the U.S., then the biggest in the U.S., and the biggest in China. Now they're the biggest in the U.S. They're not in China at all. And the Chinese have competitors.
And then they squeeze them out of the business. I could give you any number of cases in nuclear. And there's a company called Ball Corporation, which makes, you know, containers. And, you know, they were the biggest in the U.S., then the biggest in the U.S., and the biggest in China. Now they're the biggest in the U.S. They're not in China at all. And the Chinese have competitors.
And then they squeeze them out of the business. I could give you any number of cases in nuclear. And there's a company called Ball Corporation, which makes, you know, containers. And, you know, they were the biggest in the U.S., then the biggest in the U.S., and the biggest in China. Now they're the biggest in the U.S. They're not in China at all. And the Chinese have competitors.
And I could give a hundred examples of that. So... people can temporarily make money there while it's in their interest for you to do it. But once you get to the point that the Chinese say, now, why exactly am I giving you a piece of this action? When you get to that point, you're on the way out. So I guess I have two things. One, the people who actually are making money are sort of