Trump administration forces China to sell the Port of Long Beach

Americanthinker.com ^ | 5/7/19 | Chriss Street

[cotton1706]

The Trump Administration’s Department of Homeland Security has forced China’s state-owned Costco to sell the Port of Long Beach over security concerns.

China’s Costco Shipping Holdings, which bought out its 75 percent-owned Hong Kong-based Orient Overseas International (OOCL), was forced to sell its Port of Long Beach Container Terminal ownership to Macquarie Infrastructure Partners for $1.78 billion.

The Obama administration had no problems with OOCL signing a 40-year lease with the City of Long Beach in 2012 for control of America’s second largest and most automated container handling operation. The sweetheart deal was part of the “Middle Harbor Redevelopment Program" to fund a $1.5 billion expansion through 2020.

[cotton1706]

I remember this being an issue during the Clinton administration. May have been Bush but in any case the one-worlders wanted to give away the store (and national security concerns) to the Chinese.

Obama got it done. And Trump reversed it!

[DainBramage]

Wonder why?</snort>

[Candor7]

The Trump Administration’s Department of Homeland Security has forced China’s state-owned Costco to sell the Port of Long Beach over security concerns. >>>>>>>>>>>>>>>>>>

Excellent.

Remember the interdicted arms shipments from China and elsewhere in Long Beach and other California ports?

https://www.latimes.com/archives/la-xpm-1997-03-15-mn-38557-story.html

Good work , Mr. President!

[cotton1706]

http://www.freerepublic.com/focus/f-news/1590822/posts

[DainBramage]

Long Beach port is home to our Naval weapons depot.

[HighSierra5]

I remember how pissed I was when Clinton allowed the port to be taken by the Chicoms. This is good news. Next kick em out of the Panama canal.

[JonPreston]

Port of Long Beach

I recall reading about this port in the early 90s. It was shocking to see the volume of imports coming to us from China. This port has been the epicenter of political corruption for decades.

[JonPreston]

Thanks for this link!!!

[D Rider]

Used to be the Long Beach Naval Shipyard before Clinton gave it away.

[mikey_hates_everything]

COSCO, not Costco.

https://en.wikipedia.org/wiki/COSCO

[Highest Authority]

As I remember, Diane F.’s husband was in on it and made a mega fortune.

[wjcsux]

I remember several veterans groups working to save the Pacific Fleet Headquarters building before the ChiComs took over the facility. I never heard if they were successful.

[FreedomPoster]

Nope, still not tired of WINNING!

I love seeing stuff like this out of the blue.

[Gasshog]

No Clintoon /Obugger -Chinese collusion of course!

And they said it couldn’t happen Herrrre!

[cymbeline]

Go to google maps and take a look at the Long Beach harbor. So many containers it looks like an ant hill.

[LeeClementineKenny]

TRUMP 2020!!! - MAGA!!!

[rlmorel]

LOL

"Welcome to Costco. I love you."

[yldstrk]

Excellent

[HANG THE EXPENSE]

Hear,hear

[VietVet876]

This is amazingly good news. It could take ten straight Trump terms to undo all the damage the previous stool samples have done to our country including all those since Reagan.