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Posted on 05/07/2025 3:51:08 AM PDT by RoosterRedux
Republican Sen. John Kennedy of Louisiana told Fox Business host Larry Kudlow Tuesday he suspects China is cooking its books on economic growth.
Treasury Secretary Scott Bessent on Tuesday told the House Appropriations Committee’s Subcommittee on Financial Services and General Government that the Trump administration has not talked with China about trade or negotiating an end to increased tariffs. During an appearance on “Kudlow,” the senator said he suspects China’s economy was “weak as rainwater.”
“I’ll bet you a soda and a nice hat [that] China’s economy is not growing at more than 2%,” Kennedy said. “They say 5%, but they lie like they breathe. But we’re going to have to wait them out.
...
“Trusting China to do anything other than what is in their best interest is naive and inconsistent with history and common sense,” Kennedy said. “The Chinese government cheats. They do. They can steal socks without taking your shoes off. But they need America. They buy from us, or they sell us about four to five times more than we sell them. That’s why, ultimately, we will win in a trade war. Having said that, I hope that Xi Jinping and China has more sense than God gave a goose and [will] step up and call the president and say ‘Let’s work something out.'”
(Excerpt) Read more at dailycaller.com ...
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"I’ll bet you a soda and a nice hat.""Their economy is weak as rainwater."
"They can steal socks without taking your shoes off."
"I hope that Xi Jinping and China has more sense than God gave a goose."
“Trust in God but tie up your camel."
Wait for how rong?
I’m certainly not an expert but I can’t imagine the CCP can sustain this for more than a year. The people are already getting pissed. It will get worse before it gets worse.
Nice one:
“They can steal socks without taking your shoes off.”
CC
Succinct and absolutely 100% spot on!
We are adjusting and negotiating tariffs with all nations. But that is a semi-smokescreen for our real objective. Which is Chinese tariffs, and bringing back American industry from China.
We also want to weaken China by getting India, Thailand, Korea and others, to produce what China does. To cut China out our import business as much as possible. One example that is on going, India will be producing more and more iPhones that we import.
China’s communist experiment ended with Mao and the Gang of Four. They have transitioned into a self-described time of Fascism wherein the State controls the means of production, but no longer owns it.
FTA-—The ever perspicacious Sen Kennedy: “Trusting China to do anything other than what is in their best interest is naive and inconsistent with history and common sense. The Chinese government cheats.They can steal your socks without taking off your shoes. But they need America. They buy from us, or sell us about four to five times more than we sell them. That’s why we will win in a trade war. I hope Xi Jinping has more sense and will step up and call the president and say ‘Let’s work something out.’”
BTTT
Let China go knee deep in Matell Toys, solar panels, smart phones, and cheap consumer goods. Don’t import a single one.
you are correct sir!
When he was talking about AOC he said, "She's the reason they put directions on shampoo bottles".
When he was talking about AOC he said, "She's the reason they put directions on shampoo bottles".
Kennedy, you are getting too mesmerized by the MSM lights and cameras.
I didn’t watch this interview, I am going by the last recent one I saw. You even got your hair quaffed! You came off as a real JERK.
You are out of your element (sitting in your committee POWER seat in the Senate) on TV. Your quirky little sayings not so well delivered LIVE.
STAY OFF TV! and STFU.
There is really no way out for the Chicoms. Too many people to keep content.
Ours is below zero. Has been since January 20, 2021.
I suspect that behind all the tariff smoke, PDJT intends to do unto China as Reagan/Bush did unto the Soviet Union.
We win. They lose.
Bigly.
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