Chuck Hagel: China’s problems are just starting to surface

Chuck Hagel: China’s problems are just starting to surface


GENERATION IN HISTORY. NEIL: DO YOU WORRY ABOUT THE TRADE SITUATION THAT SEEMS TO BE ESCALATING NOW NOT ONLY WITH THE MEXICANS, LATEST ENTRANT HERE, BUT WITH THE CHINESE, THAT ECONOMIC WARFARE MIGHT BE JUST AS DANGEROUS?>>I DO. I WORRY ABOUT IT VERY MUCH. YOUR POINT ABOUT ECONOMIC WARFARE MAY BE JUST AS DANGEROUS, ABSOLUTELY, BECAUSE, OUR ECONOMY, THE ECONOMIES OF THE WORLD ARE NOW INTERCONNECTED. YOU’RE NOT GOING TO UNWIND THOSE ECONOMIES. TECHNOLOGY HAS CHANGED THAT, IF FOR NO OTHER REASON. SO YOU LOOK AT THESE TRADE TREATIES WE’VE HAD OVER THE YEARS. FOR EXAMPLE, NAFTA. I THINK NAFTA HAS BEEN ONE OF THE MOST SUCCESSFUL TRADE TREATIES WE EVER HAD. ASK FARMERS, RANCHERS, PEOPLE I USED TO REPRESENT IN THE MIDWEST. THEY HAVE NEVER DONE SO WELL BECAUSE OF THAT 20 YEAR TREATY. THESE ARE IMPORTANT BECAUSE THEY BRING PEOPLE TOGETHER. YOU START DOWN THE PATH OF TARIFFS AND TRADE WARS, THERE WILL BE CONSEQUENCES DEFINITELY BUT THERE WILL BE ALSO UNINTENDED CONSEQUENCES THAT WILL HAVE A DEVASTATING EFFECT ON OUR ECONOMY, ON ECONOMIES OF THE WORLD, ON STANDARDS OF LIVING, WHERE THAT STOPS, WHERE THAT ENDS, NO ONE IS EVER ASSURED. ECONOMIC WARFARE IS RIGHT AT THE TOP OF CHALLENGES. NEIL: THE REASON WHY I MENTION IT, SECRETARY, THE PRESIDENT IS CONVINCED THAT, AS YOU KNOW CHINA HAS BEEN TAKING ADVANTAGE OF US FOR YEARS, GRANTING SPECIAL FAVORS TO THEIR INDUSTRIES AT OUR EXPENSE. THEY SPORTED THIS, WE’RE RESPONDING IN KIND, GETTING THEM TO RECOGNIZE IT WILL BE DIFFERENT UNDER THIS NEW SHERIFF. WHAT DO YOU THINK OF THAT?>>I DO THINK CHINA TAKEN ADVANTAGE OF THEIR MEMBERSHIP IN THE WTO. AS YOU KNOW THEY BECAME A MEMBER 20 YEARS AGO.>>RIGHT.>>I DO THINK THEY HAVE BEEN DECEITFUL. I DO THINK THEY SHUT OUR COMPANIES OUT A LOT. I THINK THAT IS REAL BUT A MATTER OF HOW YOU DEAL WITH IT, HOW YOU MANAGE IT, HOW YOU APPROACH IT. I DON’T THINK THE WAY IS TO DO THAT UNILATERALLY, ARBITRARILY WE’LL TARIFF THE HELL OUT OF YOU. NEIL: WHAT IF THEY BUCKLE, YOU KNOW FAR BETTER THAN I, THEY BUCKLE, THEY NEED SOME MUCH MORE OF AN AGREEMENT THAN I DO, THEY BLINK, WHATEVER YOU CALL IT, WHAT DO YOU THINK?>>I DON’T KNOW THAT YOU WANT TO TAKE THAT CHANCE. I DON’T KNOW WHAT THE CHINESE ARE GOING TO DO. I DON’T READ THEIR MINDS. I DON’T KNOW HOW MANY PEOPLE IN THIS COUNTRY ARE THAT SMART TO KNOW WHAT CHINESE WILL DO. I’VE DEALT WITH THE CHINESE MANY, MANY YEARS. FIRST TIME I MET WITH THEM 191983 AS A BUSINESSMAN. I DEALT WITH THEM AS SENATOR, BUSINESSMAN. WE’VE BEEN AROUND 5000 YEARS. WE’RE PATIENT. WE KNOW HOW TO DEAL WITH THESE THINGS. SO WE HAVE TO COME UP WITH A SMARTER WAY. WHY DON’T WE DO THIS WITH ALLIES, WITH ALLIANCES? WHAT IS GOING ON WITH CHINA AND THE BLOWBACK AGAINST OUR MARKETS IS HAPPENING TO OTHER COUNTRIES TOO. WHY DON’T WE TAKE THE FORCE OF THOSE NUMBERS AND START THERE? THERE IS A WTO WHICH WAS SET UP TO DEAL WITH SOME OF THESE THINGS. IT IS NOT PERFECT, BY THE WAY WE HAVE WON FAR MORE CASES IN THE WTO THAN WE EVER LOST BUT A LOT OF OTHER WAYS TO DO THIS. ONCE YOU START DOWN THAT TRACK, REALLY POTENTIAL WARFARE, YOU’RE GOING TO HAVE YOUR HANDS FULL. WHERE THIS GOES AND ENDS UP IS UNCERTAIN. I DON’T WANT TO TAKE THAT CHANCE. MAYBE SOME DO, BUT I DON’T WANT TO TAKE THAT CHANCE WITH OUR ECONOMY IN OUR POSITION AND OUR STANDING IN THE WORLD. NEIL: AS A FORMER DEFENSE SECRETARY ALL THAT, I WOULD BE CURIOUS TO GET YOUR VIEW ON NEGOTIATING FROM WHAT THE PRESIDENT SAYS IS A POSITION OF STRENGTH. WE HAVE THE WORLD’S BEST ECONOMY, PEOPLE CAN DEBATE THAT, BUT WE’RE IN A POSITION NOW THAT WILL NEVER BE IN EXTRACT THESE CONCESSIONS FROM THE CHINESE AND, RIGHT THE SHIP SO TO SPEAK WHAT DO YOU THINK?>>I THINK THAT IS PRETTY ASSEMBLIES TICK BECAUSE WE HAVE THE MOST POWERFUL MILITARY ON EARTH AND LARGEST ECONOMY, WE’RE IN A POSITION NOW TO MAKE DEMANDS THAT WE MAY NOT BE IN A POSITION TO DO LATER. I THINK THAT IS PRETTY SIMPLISTIC. I DON’T THINK THE WORLD WORKS THAT WAY. I DON’T THINK THE CHINESE WORK THAT WAY. THE CHINESE HAVE A LOT OF PROBLEMS INSIDE, MANY PROBLEMS. I THINK THEY’RE JUST STARTING TO SURFACE. I THINK THEY WILL HAVE A LOT OF PROBLEMS FOR A LONG TIME BUT AGAIN I DON’T THINK THAT IS A SMART WAY TO HANDLE THEM. WE, THE UNITED STATES, ARE GOING TO HAVE A STRONG MILITARY, A STRONG ECONOMY, A STRONG SYSTEM, NATION OF LAWS, CONSTITUTION. WE CAN SELF-CORRECT. WE’LL BE AROUND A WHILE, UNLESS WE REALLY, REALLY MAKE STUPID MISTAKES OVER THE NEXT FEW YEARS WE’LL BE AROUND A WHILE. LET’S PLAY NOT JUST FOR THE SHORT TERM BUT FOR THE LONG TERM. I’M NOT SURE WE ALWAYS THINK THAT THROUGH IN OUR FOREIGN POLICY, OUR MILITARY DECISIONS AND BUSINESS DECISIONS AS WELL. NEIL: YOU KNOW, THE PRESIDENT HAS BEEN LOOKING AT THE CROP OF CANDIDATES WHO WANT TO CHALLENGE HIM, SECRETARY, SAYING THAT THEY DON’T HAVE A CHANCE, EVEN REFERRING TO JOE BIDEN, SLEEPY JOE, WHATEVER HE CALLS HIM, BUT THAT IT IS NOT, IT WILL NOT BE A THREAT GIVEN STEWARDSHIP OF IMPROVING ECONOMY, STRONG MARKETS, STRONG DEFENSE, IN THIS ENVIRONMENT IT WILL BE IMPOSSIBLE TO TAKE HIM OUT. NORMALLY HISTORY SHOWS IF YOU’RE OVERSEEING AN ECONOMY THAT STRONG OR MARKETS THIS RESILIENT YOU DO GET REELECTED BUT HE IS IN A BATTLE. WHAT DO YOU MAKE OF IT?>>WELL, FIRST WE HAVE YEAR-AND-A-HALF TO GO BEFORE THE ELECTION. IS THERE ANYONE OUT THERE THAT THINKS NOT MUCH IS GOING TO HAPPEN IN THE NEXT YEAR-AND-A-HALF THAT WILL AFFECT THAT ELECTION? OH, THERE WILL BE PLENTY TO HAPPEN. BOTH GOOD AND BAD. SOME OF IT MAY BE DISASTEROUS OVER NEXT YEAR-AND-A-HALF. IT WILL AFFECT THE PRESIDENTIAL OUTCOME AND CONGRESSIONAL OUT COME NOVEMBER OF NEXT YEAR. THAT IS WHERE I START. SECOND, WE HAVE MONTHS AND MONTHS TO GO BEFORE THE DEMOCRATS EVEN GET CLOSE TO DECIDING WHO THEIR CANDIDATE IS. NEIL: DO YOU THINK IT WILL BE BIDEN?>>OH, I THINK IT IS TOO EARLY TO TELL. NEIL: YEAH.>>I THINK JOE BIDEN HAS A LANE KIND OF BY HIMSELF. I THINK HE IS IN A GOOD SPOT, BUT WHAT IS GOING TO HAPPEN, I DON’T KNOW. I CAN TELL YOU THIS, IN ALL THE ELECTIONS THAT I HAVE WATCHED AND PARTICIPATED IN OVER THE YEARS NO TWO ELECTIONS ARE EVER THE SAME. 2016 IS DIFFERENT. IT WAS VERY DIFFERENT FOR ALL THE REASONS WE KNOW. EVERYBODY LAUGHED AT TRUMP. NOBODY SAID HE COULD BE ELECTED. AND HE IS PRESIDENT TODAY. 2020 IS A DIFFERENT, GOING TO BE A DIFFERENT ENVIRONMENT, TOTALLY THAN 2016. HOW THAT ALL STARTS TO CUT, WHERE THAT GOES. IF I WAS PRESIDENT TRUMP, I WOULDN’T BE TOO SANGUINE ABOUT THIS ECONOMY BEING THE SAME AND WHERE WE ARE TODAY WHERE WE’RE GOING TO BE IN THE YEAR-AND-A-HALF. I DON’T KNOW. IF HE CONTINUES TO DOWN THE TRACK THAT HE HAS BEEN ON TARIFFS AND TRADE WARS AND THREATS AND DEMEANING OUR PARTNERSHIPS AND ALLIANCES AND FRIENDSHIPS IN NATO, I DON’T KNOW HOW THAT IS GOING TO CUT. YOU’RE SEEING REPUBLICAN SENATE GET THEIR BACK UP FOR THE FIRST TIME IN 2 1/2 YEARS ON — NEIL: BUT NOT THE SAME REPUBLICAN PARTY, RIGHT?>>IT IS NOT. NEIL: REPUBLICAN, DNA YOURSELF, ARE YOU WORRIED THAT GEORGE WILL IS RIGHT, REPUBLICAN PARTY, HE IS NO FAN OF THE PRESIDENT, PUTTING THAT IN CONTEXT, THAT THE REPUBLICAN PARTY HAS BECOME MORE OF A CULT?>>WELL, I THINK WILL MAKES VERY GOOD POINTS. I HADN’T READ ALL OF HIS BOOK, I READ SOME OF IT, I READ THE COLUMNS, FOR EXAMPLE, WHEN I FIRST BECAME A REPUBLICAN, I’M STILL A REPUBLICAN, I’M NOT SURE WHAT THAT MEANS TODAY, WE WERE A PARTY OF INTERNATIONAL ENGAGEMENT, FISCAL RESPONSIBILITY AND FREE TRADE. I DON’T THINK YOU CAN APPLY THOSE THREE TO THE REPUBLICAN PARTY TODAY. AS A MATTER OF FACT JUST THE OPPOSITE. SO YOU’RE RIGHT, THAT IS A GOOD POINT. IT’S A DIFFERENT REPUBLICAN PARTY. BY THE WAY LOOPING THIS BACK TO WORLD WAR II, I SAW THE CONGRESS OF THE UNITED STATES DRAMATICALLY CHANGE WHEN THE WORLD WAR II GENERATION LEFT THE STAGE. WHEN I GOT TO THE SENATE I WAS FORTUNATE ENOUGH TO WORK WITH A LOT OF WORLD WAR II VETERANS. THEIR STATURE, THEIR COMMON SENSE, THEIR JUDGMENT, ALWAYS PREVAILED FROM STOPPING A LOT OF DUMB THINGS, BOTH DEMOCRAT AND REPUBLICAN PARTIES. ONCE THEY LEFT THERE WAS NO ANCHOR. WE KIND OF CAME LOOSE OF OUR MORINGS ESPECIALLY THE REPUBLICAN PARTY DID, I THINK. SO I THINK YOUR POINTS ARE VERY GOOD ONE. I DON’T KNOW HOW ALL THIS PLAYS OUT OVER NEXT FEW YEARS. I DON’T KNOW WHAT THE REPUBLICAN PARTY IS. IT IS NOT THE PARTY THAT I ONCE SERVED IN IN THE UNITED STATES SENATE. NEIL: SECRETARY, REALLY ENJOYED

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100 Comments

  1. Right now (9th,June 5pm) over 1,000,000
    HongKong people protest against the notorious Extradition Law. 👫👫👫👫👫👫👫👫👫👫👫👫 https://youtu.be/0IXljR6cdWk

  2. Let's just talk… he has been enjoying it.
    I like Obama as he said Change, but then it was worst then before in term of imbalances

  3. NAFTA was a HOAKS upon the American People. It gave MUCH of America's SOVEREIGNTY to foreign organizations. China has STOLEN MANY plans and information from America.

  4. It is the same comments on everything President Trump does. "the sky is falling, the world will end", but Trump has been 100% correct on everything he has done. Libs call Trump a looser. You dont become a billionaire by losing. America is winning because of Trump. I back Trump 100%.

  5. Chuck sounds like another globalist who is he'll bent on selling out the middle class for his own interests and he worked for Obama

  6. 这白人种族歧视的尤太人霉体'所散播的都是白人种族歧视的言论'假新闻.更有很谎言的,断章取义的卑鄙无耻的媒体不道德和不专业的表现。

  7. China behaves the way it is now is because we had people like chuck Hagel crafting trade and foreign policies for the United States.

  8. YOU COWARDS NEVER DID A DAM THING TO STOP CHINA !
    YOU SOLD US AMERICANS OUT !
    SO , SHUT UP !
    SIT DOWN !
    AND WATCH A NEGOTIATING PRO !
    PRESIDENT DONALD J. TRUMP !
    GET IT DONE FOR AMERICA'S INTEREST !
    🇺🇲💪🇺🇲💪🇺🇲💪🇺🇲💪🇺🇲

  9. ONE OF MANY FACES OF THE NWO IN WASHINGTON !
    VOTE THEM OUT !
    🇺🇲💪🇺🇲💪🇺🇲💪🇺🇲

  10. Ask farmers? ask the American MIDDLE CLASS! Dumbass! It's about all of us not just the farmers and the business class.

  11. That’s exactly what he is doing:protecting his own interests. short sighted. Trump is on the right track, only right way to deal with CCP.

  12. Trumptards are so DUMB
    They are happy now Farmer are on welfare.
    Trumps new NAFTA IS 2.O .
    Basically changed the name only

  13. How about the economic warfare for decades against the USA? What an idiot. This guy has dealt with China for decades, but haven't been able to solve this situation for decades.

  14. Watching this clip was a waste of time. The title is misleading (although it's a quote from Mr Hagel), as it doesn't really relate to the meat of this interview. 😡

  15. Found the globalist bastard. Funny, he didn't mention "Ask the manufacturers, both small and large" about how they feel about NAFTA.

  16. China as it exists hasn't been around 5,000 years. It hasn't been around 100 years even. This guy is a moron for falling for that trash.

  17. News Update! With the Great Trump's hard work, Chinese favorable balance of trade against US does not decrease, but increases! That's why people in China call Trump "the true communist fighter"! Long Live the Trump King!

  18. NAFTA allowed most of our tech jobs be offshored. So the skillsets died here for all but a few. China was chief recipient. Then there is the glut of RE minerals, along with giving up proprietary ownership of high tech equipment being made for us by China. Add illicit politicians blocking manufacture of our own plentiful stocks of RE minerals, and there is a lot to be grateful for in Trump's approach.

  19. Well now you can clearly see that Disney bought out Fox News Corp. Globalist owned and operated. It's the Fox Narrative corporation now. News is supposed to be factual.

  20. Enemies don't trade…they compete. Now the question is….how do you explain to slow learners they have an enemy?.
    Is it when they Allie with a long term enemy?…No obvious not. Is it when they conspire with others to undermine your currency?..No, not that either…Is it when they threaten your military in international waters…Nope…OK, how about when they help a rogue regime to develop nuclear weapons…surely that will do it…NO…OK, I give up…some people will never learn…or will only learn the hard way….

  21. I hated listen to this propaganda in favor of China, but loved reading the comments hope everyone who saw through him. Supports America support Trump.

  22. Reeducation camp's, Human Organ Harvesting are AOK now. As long as we can make money China can rule the world. Talk about selling out! Hong Kong hate China's leadership. Monster!

  23. NAFTA was successful? At what? Shifting our jobs oversees, creating closed factories, turning our economy into a service economy, bankrupting Main street in order to enrich Wall street… and so very much more. What a disgusting globalist Mr. Hagel is!

  24. China has been waging economic war on the United States for over 20 years.

    And I know one person in the United States smart enough to know what the Chinese are thinking;

    President Donald Trump

  25. Everybody's an expert. Where was this guy when he United States in general was tanking under the Obama presidency? This guy sound like just another democrat shill.

  26. Do this American think that a product is made in a minute without factors of production consumed. "Take the advantages out of USA" is really a nut's thought. Chinese are really don't care without trading with US, you guys could be naked in making tv program if no trade really happen.

    This program is used to fool the Americans, just not telling the truth to folks. Shame the politicians.

  27. The fact that this man was once our defense secretary helps explain why we are in the position we are in.

  28. This guy is George W. Bush all over again. Ask the farmers? Ask the manufacturing workers what NAFTA has done for them.

  29. Fk NAFTA! It did NOT bring people together. It was an UNfair playing field. Mexican trucks do NOT have the same pressure for SAFETY from OUR Department of Transportation (DOT) Mexican products USED TO BE met by a U.S. CITIZEN at border tranfers to be moved in OUR U.S.A by WE CITIZENS 🇺🇸 Mexico drivers also had purchased fuel in Mexico for MUCH CHEAPER. So do u think that's FAIR? HELL NO. Only the wealthy benefit from ILLEGAL economic activity. WE the PEOPLE LOSE WORK!! So FK y'all! 😬

  30. This man is so FOS and obviously partisan and self serving in his views concerning how the United States has been treated like everyone’s dumb rich uncle…well their is a new sheriff in town and all of that nonsense has to stop!

  31. Just another talking head of the globalist God hating machine people like him got the president all wrong in 2016 and that's why they got there butts kicked

  32. Disgusting reporting from a NWO shill who knows nothing but the old failed way. Another reason to hate Fox and MSM.

  33. Wish someone would come out and offer viable alternatives tariffs. Seems there isn't enough political will to actually fix the China issue!

  34. the dirt coming out on dems will sink them for the next election so good luck there Hagel . You are full of it with ALL you said

  35. ‘Not taking that chance…handle it with allies…’ That’s exactly what‘s been done over the years and look where it has brought us. That’s why Trump is doing what he’s doing.

  36. If there is no problem to solve, they already live in Paradise like Obama Hillary McCain sponsored Jihadists who were martyred in the Spring time in the Levant and Maghreb.

  37. This is one of the a$$holes that got us into this position with China, do we really want to listen to him? China responds to strength and takes advantage of whimps like Obama and thin guy. People of honor don't take sh!t.

  38. Who wants to buy toxic Chinese products. I don't and screw China and they have been taking advantage of America…they're corrupt to the nth degree

  39. The secretary is not too smart the buyer has all the cards that's it he's never made a payroll in his life and he has no idea what's being in business is like.Don't ever let this clown back on again Neil thank you

  40. China has lied about its GDP for years. China has built ghost cities. NAFTA was good for Mexico, and good for any American company that wanted to move its labor-intensive operations to Mexico. Many did under NAFTA, exporting low-skilled jobs to Mexico.

  41. A Fox News if you're hiring I could do a hell of a lot better job with my eyes closed Then these individuals I think there comfortably numb and I don't think they understand the world they live in

  42. CHINA WILL NOT DEAL UNTIL TRUMP ADMINISTRATION LEAVES OFFICE PERIOD END OF STORY. THE U.S DECEIVE ITSELF IN THINKING THEY HAVE THE MOST POWERFUL MILITARY ON EARTH BUT IT HASNT WON A WAR SINCE WORLD WAR 2 . US MILITARY IS ONLY TESTED ON SMALLER MILITARY FORCES WHERE THEY KNOW THEY HAVE THE ADVANTAGE. THE U.S HAS NEVER FOUGHT AGAINST ANOTHER MIGHTY MILITARY SUPERPOWER FORCE AND WON.

  43. He needs to visit the Midwest and look at the millions of middle class jobs we exported. Another example of an out of touch politician.

  44. One can agree USA has the strongest military and the largest economy in the world but the former can in only be proven in a war and the latter is not easily win in trade. US has the largest market in China which cannot be easily replaced. Major America exports to the largest market In the world are commercial aircrafts, farm products, heavy equipments, financial services, microchips and (weapons to non Chinese customers). Most of these China can buy from alternate sources with some delay. The products China ships to us daily household items which Americans need, They are affordable and well made for the throng of customers in Walmart. More over there are no products from others countries of equal quality and price. Even with the tariffs China still has the trade surplus even for the much smaller US market. Meanwhile Midwest farmers and fisherman have lost market. Workers in microchip factories and metal fabrication workers lost jobs So which side does the trade war favor?

  45. President Trump should hit commie china harder until all cyberhack, espionage and steal of US technologies are stopped.

  46. The chinese people are already not allowed to exchange US currency and Euro, the iron curtain is closed, and the commie is printing ¥ 24/7。

  47. Hagel, since 1985, trade deficit of USA with major countries: China – $5.2 trillion, Mexico $-1.1 trillions, Canada, – $1 trillion. And on and on. USA has been the Piggy Bank of the world. Need to fix it!!Democrats are finished!!

  48. Trump does not understand that, he is not equipped to deal with China who already became the top economy; he'll hasten US's decline.

  49. China must protect its system/ country from inside the country i.e insurgents , riots and protest and coupes and the outside, really China has lots of problems.

  50. Chuck Hagel is just another American who is praying and willing the fall of China……. There is simply too many of his kind…….

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