Trump: Canceling US Debt Held by China Is 'Rough Game'

Source: The Epoch Times - View Original Article
Published: May 03, 2020
Category:
Bias Rating:

62% Liberal


Bias Score Calculation:


Policies:

Protectionist Trade

Sentiments

94% "When asked about the possibility of canceling debt held by China, top White House economic adviser Larry Kudlow told Politico: Absolutely not.""
92% "And so is dependable currency as the world's reserve currency.""
89% "They slow-walked information on human-to-human transmission alongside the World Health Organization and didn't let U.S. investigators in at a very important time.""
85% "During the press briefing, McEnany echoed Trump's criticism of the World Health Organization (WHO).""
84% "It's no secret that China mishandled the situation.""

We have listed the top 10 sentiments. More sentiments do exist. Please review the full article for more information.



*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization

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Contributing sentiments towards policy:

94% : When asked about the possibility of canceling debt held by China, top White House economic adviser Larry Kudlow told Politico: "Absolutely not.
92% : It's the greatest currency in the history of the world," Trump said.
92% : And so is dependable currency as the world's reserve currency.
89% : Some Republicans, including Sen. Lindsey Graham (R-S.C.), proposed the United States cancel its trillion dollars of U.S. Treasury securities held by China.
89% : "They slow-walked information on human-to-human transmission alongside the World Health Organization and didn't let U.S. investigators in at a very important time."
85% : Well, I can do it differently.
85% : "You start playing those games, and that's tough.
85% : Full faith and credit of U.S. debt is sacrosanct.
85% : During the press briefing, McEnany echoed Trump's criticism of the World Health Organization (WHO).
84% : "It's no secret that China mishandled the situation."
81% : That's a rough game."
79% : While we continue to have very limited and dubious data from China, current assessments indicated that President Trump's statement is consistent with what some analysts believe is the epicenter of where the virus began.
78% : Economists believe canceling the debt would damage the credibility of the U.S. government.
78% : "On Jan. 9, WHO repeated China's c0laim that the virus, quote, 'does not transmit readily between people.'
75% : The very next day, China shut down his lab for, quote, 'rectification.'
74% : White House press secretary Kayleigh McEnany, during her first official press briefing on May 1, criticized the Chinese regime for mishandling the CCP (Chinese Communist Party) virus, also known as the novel coronavirus.
69% : A growing number of countries have stepped up calls for more transparency from the Chinese regime, and for an investigation into Beijing's handling of the outbreak.
68% : "We can do it with tariffs.
67% : And on Feb. 29, "when the coronavirus was spreading around the world they chose to put political correctness first by opposing life-saving travel restrictions.
66% : "We take displeasure with China's actions, but I certainly won't get ahead of the President with those announcements," she said in response to a question about whether the president was seriously considering new tariffs on China.
65% : On April 30, during the event "Protecting America's Seniors" at the White House, Trump suggested that his administration could impose new tariffs on Chinese goods as a way to compensate for losses the United States has incurred due to the pandemic. "
65% : On Jan. 14, WHO again repeated China's talking points about no human-to-human transmission."
60% : Such a move would drop the value of U.S. government bonds and increase the interest rates, causing a global financial turmoil.
59% : In response, McEnany said: "The President's statement is consistent with the other intelligence assessments.
58% : WASHINGTON -- President Donald Trump said defaulting on debt is a "rough game," amid calls from some Republicans that the United States should refuse to pay its debt obligations to China as a retaliatory measure for its mishandling of the CCP virus outbreak.
58% : She listed coverup efforts by Beijing, saying: "They did not share the genetic sequence until a professor in Shanghai did so on his own.
58% : Two U.S. states, Mississippi and Missouri, have filed lawsuits against the regime, seeking damages for the human and economic costs of the pandemic on Americans.
54% : We can do it other ways, even beyond that, without having to play that game.
53% : "The Intelligence Community also concurs with the wide scientific consensus that the COVID-19 virus was not manmade or genetically modified," the statement said.
52% : "The WHO appears to have a very clear China bias," she said.
51% : The U.S. national intelligence director's office stated on April 30 that it was still investigating "whether the outbreak began through contact with infected animals or if it was the result of an accident at a laboratory in Wuhan.
49% : It's the second-largest U.S. foreign creditor, following Japan's $1.26 trillion.
45% : We want to protect the sanctity of the dollar, the importance of the dollar.
43% : We have the dollar to protect.
40% : "On Dec. 31, you had Taiwanese officials warning about human-to-human transmission, WHO did not make that public.
38% : I'm not allowed to tell you that."
25% : When asked by a reporter what gave him such confidence, Trump said: "I can't tell you that.
24% : Trump earlier said that he had a high degree of confidence that the Wuhan Institute of Virology was the origin of the virus.
22% : China owned about $1.09 trillion in U.S. debt as of February, according to the U.S. Treasury Department.
16% : That was quite apparently false.
15% : I can do the same thing, but even for more money just by putting on tariffs," he said.
14% : McEnany defended Trump's claims that the CCP virus could have originated from a laboratory in Wuhan.
1% : "That's why we're borrowing at zero, zero interest rate.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization

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