Maria Bartiromo issues bone chilling warning on China: We are in a 'soft war'

The paragraph discusses China's attempts to expand its influence in Central and South America through soft power tactics, such as providing direct aid to countries and funding universities. It highlights concerns over CCP actors purchasing land near military installations, which is considered a national security issue. The U.S. is not allowed to buy farmland in mainland China or Russia, emphasizing the asymmetry in such practices. The conversation also addresses China's cyber activities, linking them to high-profile breaches like the Salt Typhoon incident. House Republicans, including Congressman Andy Barr, John Mullin, and Michael McCaul, are introducing a bill to protect American investors from inadvertently funding China. The bill aims to establish a comprehensive outbound investment screening regime, create target restrictions, and address the significant amount of American investment in Chinese companies, including those tied to the Chinese military industrial complex and sensitive technologies like artificial intelligence and semiconductors. The discussion emphasizes the need to prevent American capital from flowing into these areas to avoid inadvertently supporting China's military ambitions.

This paragraph delves into the proposed 'Fight China Act,' a bipartisan and bicameral legislation designed to restrict American investment in Chinese military industrial complex companies and sensitive technologies. The bill aims to impose full blocking sanctions on these companies, preventing both U.S. and non-U.S. investments from flowing into them. It also seeks to harmonize various lists, such as the Pentagon list, the Commerce Entity List, and the Treasury Department list, to ensure that additional entities can be added to the sanctions list. The conversation highlights the importance of codifying President Trump's America First Investment Policy into law to address national security concerns and enhance American supply chain resiliency. It also touches on the potential economic disruption if the U.S. becomes more aggressive against China, noting that cheap products in the U.S. are often made in China. The discussion further addresses the Trump administration's efforts to identify waste, fraud, and abuse in government spending, and the need for economic growth and tax cuts to control the debt crisis. The looming debt limit issue is also discussed, with the President advocating for the largest tax cuts in American history and emphasizing the importance of passing a comprehensive bill to address these issues.