The US President also intends to prepare the country for future
pandemics by restocking the national stockpile and bringing critical
manufacturing back to the country
US President Donald
Trump has confirmed that his administration has asked for the withdrawal of
billions of dollars in American pension fund investments in China and that
other similar actions.
The US and China relations have deteriorated after the coronavirus outbreak.
The US has expressed disappointment over Beijing's handling of the coronavirus which has claimed over 80,000 lives in America. China has also been accused of stealing Intellectual Property and research work.
"Billions of
dollars, billions... Yeah, I pulled it back," Trump said on Fox Business News
on Thursday.
Trump has also
ruled out renegotiating the trade deal with China. The US and China at the
beginning of the year signed Phase-1 of a trade deal, ending a bitter two-year
tariff war that had rattled the global economy.
"The Chinese
said somewhere that they would like to renegotiate the (trade) deal. We are not
going to renegotiate. I am not happy with them," Trump said.
The US President
also intends to prepare the country for future pandemics by restocking the
national stockpile and bringing critical manufacturing back to the US. His
comments came the same day a whistleblower testified that the Trump
administration had failed to properly prepare for the current pandemic.
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