Posted on 10/10/2019 5:42:30 PM PDT by bitt
Here's an impressive quiet accomplishment from the Trump administration, now noted by Judicial Watch:
Under a long-term deal sealed by the Obama administration, a Chinese Communist company was set to control the second-busiest container port in the United States. In an unreported Trump administration victory, the Communists are out after a drawn-out national security review forced a unit of China-based COSCO Shipping Holdings Co. (Orient Overseas Container LineOOCL) to sell the cherished container terminal business, which handles among the largest freight of imports into the U.S.
It all started with a 40-year container terminal lease between the Port of Long Beach in southern California and Hong Kong. The Obama administration proudly signed the agreement in 2012 giving China control of Americas second-largest container port behind the nearby Port of Los Angeles. One of the Trump administrations first big moves was to get the Communists out of the Port of Long Beach. After a national security review and federal intervention, the Long Beach terminal business, which handles millions of containers annually, is finally being sold to an Australian company called Macquarie Infrastructure Partners. That essentially kills Chinas decades-long contract with the Obama administration.
The watchdog group didn't say, but that news came about in May and was brilliantly reported by American Thinker contributor Chriss Street.
Here's the excellent item, which certainly got notice at the time and is well worth a read or reread for a more detailed perspective:
(Excerpt) Read more at americanthinker.com ...
“The Obama administration proudly signed the agreement in 2012 giving China control of Americas second-largest container port.’
I think this was the trigger that caused radio host Michael Savage to lose his mind. He has been babbling ever since. Many proud Americans were broken by Obama’s actions, because many proud Americans forgot to pray and be stoic about bad circumstances.
The Port of Long Beach is huge and the 710 Long Beach Freeway is all chewed up because of all the big trucks going back and forth.
Well definitely glad we kicked it out of the Chinese hands, but to just give it to an Australian company? Why can’t an American company run the port?
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