Liberal billionaire and Trump basher George Soros wrote an op-ed in the Wall Street Journal that shockingly included some praise for Trump. The accolades didn’t last long, however, and he concluded that despite Trump’s triumphs in handling the China trade war, inevitably Trump would get in his own way.
Soros referred to Trump’s policy on China, “coherent and genuinely bipartisan” and also “the greatest-and perhaps only-foreign policy accomplishment of the Trump administration.” The specific policy Soros was pleased about is that Trump listed Huawei on the Commerce Department’s “entity list” as a national security threat, “which prevents U.S. companies from engaging in business with the firm.”
Huawei is a Chinese company that is a leading global provider of information and communications technology that provides telecommunications equipment and sells consumer electronics. Soros wrote that China is “a dangerous rival in artificial intelligence and machine learning” but “as long as Huawei remains on the entity list, it will lack crucial technology and be seriously weakened” because of its dependence on U.S. companies.
Where Soros lacks faith in Trump, is the concern that leading up to the 2020 elections, Trump could remove Huawei from the entity list as a concession to China during trade talks. “If Republicans allow Mr. Trump to bail out the Communist Party-run telecom giant, they will be abdicating their most basic democratic responsibilities.”
Full Op-ed: Wall Street Journal