Thursday, May 9, 2019

Trump Breaks Obama’s 40-Year Lease to Chinese & Boots Them Out of US Shipping Hub

Via Billy

President Trump opposite President Xi Jinping of China

As a candidate for president, Donald Trump brought up China so many times it became a running meme … and now that he’s in the White House, his administration seems to be following through on his promises to apply pressure against the Asian superpower.

A lucrative arrangement for China which was inked during the Obama era has now been dismantled, after the Trump administration raised red flags over the prospect of the Chinese government controlling a U.S. port.

According to the South China Morning Post, the major issue is that Orient Overseas International — a company controlled by the Chinese government via a company called Cosco — owned the Long Beach Container Terminal in California.

More @ WJ

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