The White House clarifies the new total U.S. tariffs on China: a whopping 145 percent. Meanwhile, the U.S. Treasury secretary said the White House isn't ruling out the possibility of delisting Chinese stocks.
China is picking up a new strategy to hit back against U.S. tariffs, this time targeting Hollywood movies. But does Beijing’s move have teeth?
The owner of Facebook and Instagram is in the hot seat. Did Meta undermine U.S. national security to do business in China? A former executive with the company testified before the Senate.
Are practices by the Chinese Communist Party exploiting American retirees? Senate and House committees hold a joint hearing to discuss just that.
4 Chinese Nationals Face Deportation After $1 Million Scheme Total US Tariffs on Chinese Goods Now 145% China to Import Fewer US Films Amid Trade War Australia Rejects Chinese Call to Unite Against Tariffs Whistleblower: Meta Risked US Security for China Business Lawmakers Warn Retirees About Investing in China US Consumer Prices Post 1st Decline in Nearly 5 Years How Are the New US Tariffs Impacting Americans? Panama: US Recognizes Panama's Sovereignty Over Canal Ukraine Identifies 155 Chinese Troops Fighting for Russia US Targets Iran's Nuclear Program With New Sanctions
🔵Tiffany Meier’s documentary Hollywood Takeover - how Beijing is rewriting the script in America’s film industry: hollywoodtakeover.com
🇺🇸 Stay updated with breaking news, special reports, and LIVE COVERAGE on NTD: https://ept.ms/NTDlive_
welcome to China in Focus i'm Tiffany
Meyer our top story ICE for Chinese
nationals are slated for deportation
after serving their prison sentences
details on how they lifted social
security numbers to defraud US retailers
out of over $1
million the White House clarifies the
new total US tariffs on China a whopping
145% meanwhile the US Treasury Secretary
says the White House isn't ruling out
the possibility of delisting Chinese
stocks well Maria I think everything's
on the table china picking up a new
strategy to hit back against US tariffs
this time targeting Hollywood movies but
does Beijing's move have
teeth the owner of Facebook and
Instagram in the hot seat did Meta
undermine US national security to do
business in China a former executive
with the company testified before the
Senate i watched as executives decided
to provide the Chinese Communist Party
with access to meta-user data including
that of
Americans and our practices by the
Chinese Communist Party exploiting
American retirees senate and House
committees hold a joint hearing to
discuss just that the CCP is actively
using its financial system and state
controlled companies to infiltrate
American capital
markets welcome to China in Focus i'm
Tiffany Meyer before we dive into
today's news make sure to use the link
down below to subscribe to our
newsletter each week we round up the
highlights and controversies happening
around China and the world and share an
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Friday
morning four Chinese nationals are
facing deportation after serving prison
sentences in the US that's for
defrauding American retailers out of
over $1 million
those retailers include popular beauty
shops Sephora and Ulta as well as
retailers like Saks Fifth Avenue Macy's
and Nordstrom the Chinese national stole
personal information from hundreds of
victims including social security
numbers dates of birth and home
addresses they use that stolen
information to create fake driver
licenses to access credit in the
victim's names at these large retailers
posting on X ICE said Wednesday that
after the Chinese nationals served their
time for fraud the agency would take
them back into ICE custody to face
removal proceedings the former Chinese
nationals were sentenced to 12 to 42
months behind bars a fifth
co-conspirator was previously sentenced
to more than four years in prison and a
sixth defendant is awaiting sentencing
the investigation into the case is
ongoing ice agents said the individuals
had entered the United States under
false pretenses zooming out the United
States has sent five charter flights to
China in the past eight months carrying
hundreds of Chinese illegal
immigrants the White House is clarifying
where the US China trade tensions stand
saying that as of now the total US
tariff rate on Chinese goods stands at a
massive 145%
the White House noted that the breakdown
includes the 125% rate hike in recent
days in light of Beijing's retaliatory
duties the 145% total also includes an
earlier 20% imposed on Chinese goods
earlier this year that measure was in
response to China's role in allowing
fentinel to flood the US in comparison
Trump offered a 90-day tariff pause
Wednesday for most other trading
partners countries that did not
retaliate and reached out to negotiate
they'll see tariff rates sink back down
to the new 10% baseline exceptions to
that are Mexico and Canada who still
face 25% tariffs but goods compliant
with a trade deal called the USMCA can
still enter the US tariff-free minus a
few sector specific tariffs Trump has
imposed china on Thursday said its door
for talks is open but added that Beijing
will stand by its position quote until
the end in the meantime the trade war
between the US and China may go beyond
tariffs in an interview with Fox News
Treasury Secretary Scott Besson didn't
rule out the possibility of delisting
Chinese stocks how far are you willing
to take this in terms of this soft war
with China we've got Chinese stocks
trading on US exchanges uh you know US
investors are buying those stocks and
that's helping China fund its military
let's face it are you willing to go that
far to remove Chinese stocks from US
exchanges
uh well uh Maria I think everything's on
the table we are talking about the
capital export capital controls in terms
of you know as you said the a a
blacklist of things uh that US uh
whether pension funds endowments
investors should not be investing in to
fund the Chinese military machine so but
that'll be President Trump's decision
and according to the latest US
government data nearly 300 Chinese
companies are listed in the US and
they're worth over 1 trillion dollars
combined it's raising concerns that US
investment dollars could end up helping
the Chinese military or Beijing's
espionage and censorship apparatus all
of those possibilities go against US
national interests but still delisting
Chinese stocks would worsen the tensions
between the two superpowers even so
President Trump is no stranger to the
tactic in 2021 he signed an executive
order urging the New York Stock Exchange
to remove listings of three Chinese
state-run entities China Telecom China
Mobile and China Unicom citing their
close ties to Communist China's military
but the US has never delisted the stocks
of an entire nation while the future of
Chinese stocks in the US remains
uncertain Besson said the Treasury is
working on further restricting exports
of high-v value security related goods
to
China china now has Hollywood movies in
its crosshairs as a form of retaliation
against US tariffs china's film
administration think Thursday that it
plans to import fewer American films
because the US hiked tariff rates on
China china is the world's second
largest movie market the country only
imports about 10 Hollywood movies every
year a level of market access that
hasn't changed much in three decades
hollywood films make up about 5% of
China's box office revenue critics say
Hollywood has appeased the Chinese
regime to make sure it keeps its access
to the massive market one noteworthy
example a report from Paname said in the
original film Top Gun Tom Cruz had
Taiwanese and Japanese flag patches on
his leather jacket but these two flags
were replaced by lookalikes in the 2019
sequel trailer on the other hand the
Pentagon has taken steps to discourage
Hollywood from catering to Beijing the
DoD said it will no longer collaborate
with movie studio directors that comply
or plan to comply with Beijing
censorship demands just to get their
movies distributed there australia's
prime minister said Australia will not
join hands with the Chinese regime when
it comes to rejecting US tariffs he
noted that Australia has its own voice
watch Minister um will Australia join
hands with China as the ambassador has
suggested against tariffs we we engage
with all countries but we stand up for
Australia's national interest and um we
stand on on our own two feet and I have
said very clearly uh we cooperate with
China where we can we disagree where we
must but we engage in our national
interest the country's deputy prime
minister also weighed in saying the
Australian government is not about to
make common cause with China in any
contest going on in the world and that
Australia has its own interests and will
focus on diversifying its trade
relationships the politicians were
responding to the Chinese ambassador to
Australia's overture to unite against
the US in response to tariffs
most countries are in the same position
as Australia with a 10% tariff on
exports to the US that's a stark
contrast to the 145% tariff imposed on
China president Trump said the heavy
tariff is due to China's lack of respect
for world
markets a former executive at Meta which
owns Facebook and Instagram says the
company undermined US national security
in order to do business in China ntd's
Washington correspondent Jack Bradley
has some more on Wednesday's testimony
before the Senate
when Beijing demanded that Facebook
delete the account of a prominent
Chinese dissident living on American
soil they did it sarah Wyn Williams
Facebook's former director of global
public policy accused Meta of censoring
a Chinese dissident on US soil on behalf
of the Chinese Communist Party yet I
witnessed Meta work handin glove with
the Chinese Communist Party to construct
and test custombuilt censorship tools
that silenced and censored their critics
she also says Meta is putting the data
of its users at risk i watched as
executives decided to provide the
Chinese Communist Party with access to
meta user data including that of
Americans following the hearing a Meta
spokesperson told me in an email
responding to these allegations quote
"Sarah Win Williams testimonies divorced
from reality and riddled with false
claims." While Mark Zuckerberg himself
was public about our interest in
offering our services to China and
details were widely reported beginning
over a decade ago the fact is this we do
not operate our services in China today
but Win Williams disputes this is that
true facebook Meta is not doing business
in China is that accurate that is not
accurate Chairman Holy um Facebook has a
$18.3 billion business in China and to
give just one example in 2014 it uh
launched Oculus in China with a strategy
of playing dumb and her allegations are
being investigated by the bipartisan
group of senators that she's testifying
in front of that's the Senate Judiciary
Subcommittee on Crime and
Counterterrorism that's why this
committee has launched a full-scale
investigation into the potential illegal
behavior of Facebook today's hearing is
one step in that investigation meta
chooses to put human rights concerns
aside if it means access to more users
more growth more dollars the senators
have requested copies of all
communications between Meta and Beijing
since 2014 and they hope to get it by
April 21st reporting by Jack Bradley NTD
News
are American retirees getting ripped off
by China an update from another hearing
sought to tackle the issue this week
this time held by both Senate and House
committees lawmakers focused on
exploitive practices used by the Chinese
Communist Party against American
retirees including how the CCP masks
investment risks and undermines
shareholder rights ntd correspondent
Jason Blair reports americans work way
too hard to have their financial
security destroyed by Communist China
protecting American retirees and seniors
from exploitive practices by the Chinese
Communist Party was the focus of a
hearing in Congress in a rare occurrence
committees from both the House and
Senate held a joint hearing the House
Select Committee on the CCP and the
Senate Aging Committee probed the risks
of investing in Chinese companies the
CCP is actively using its financial
system and state controlled companies to
infiltrate American capital markets and
while some might see that as just
another investment risk it's much more
than that mulanar gave an example in
2021 the CCP abruptly imposed sweeping
regulations on China's private education
sector banning profit-making foreign
capital and public listings that
decision wiped out billions of dollars
in US investments almost overnight shark
Tank star Kevin Olirri was invited as a
witness and he warns investors of the
threats posed by the CCP i have nothing
against the Chinese people their
contributions to science and art over
the millennia are well documented it's
their government I take issue with in my
opinion since joining the WTO in 2000
the Chinese government has never played
by its rules another expert witness says
that the CCP has a long-term multiaceted
political economic and military strategy
to advance itself the goal is to create
a new world order through economic
coercion and manipulation while avoiding
a hot war this has left the world less
open and more authoritarian senate Aging
Committee ranking member Kristen
Gillibrand says online scams from China
are targeting American seniors criminal
networks in China that are so
sophisticated that know this is where
they can make millions and millions of
dollars house Committee on the CCP
ranking member Raja Krishna Morphy says
that a lot of these criminal gangs are
directly tied to the CCP another
gentleman behind another scam city seen
here with a Burmese warlord is Shuh Jang
he is wanted in China for financial
crimes but his ties to the CCP allowed
him to operate freely for years before
being detained by Thai authorities and
witness Brady Finta founder of the
National Elder Fraud Justice
Coordination Center says that according
to his experience only 10 to 15% of
elder fraud victims report the crimes
reporting in Washington DC Jason Blair
NTD News
coming up US consumer prices
unexpectedly fell in March but will the
improvement remain after President Trump
doubled down on tariffs on imported
Chinese goods
the US and Panama signed new defense and
security agreements aimed at deepening
US military training in Panama the goal
to push back against China's influence
in the
region and Ukrainian intelligence has
identified 155 Chinese citizens fighting
for Russia in its war two of them were
captured by Ukraine more on that after
the break here on China in Focus
welcome back to China in Focus i'm
Tiffany Meyer us consumer prices
unexpectedly fell in March amid cheaper
gasoline and used motor vehicles but it
remains to be seen if the improvement in
inflation will hold after President
Donald Trump doubled down on tariffs on
imported Chinese goods let's dive in
us consumer prices in March fell for the
first time in nearly 5 years according
to a report from the Labor Department on
Thursday the consumer price index
dipped.1% last month economists pulled
by Reuters had expected it to edge up by
that amount it was the first monthly
decline in prices since May of 2020
putting the annual inflation rate at
2.4% closer to the Federal Reserve's
target of 2% but will the downward trend
continue march's data likely captured
only a fraction of the first wave of
President Trump's barrage of import
duties which most economists expect to
be inflationary lower prices could also
be a sign of softening consumer demand
amid heightened recession fears due to
Trump's tariffs trump on Wednesday said
he paused targeted tariffs on trade
partners for 90 days but a 10% blanket
duty on almost all imports remains in
place
in light of the current 145% tariffs on
China consultancy firm Capital Economics
estimated that US inflation will peak at
about 4% that's double the Fed's target
meeting minutes from the central bank's
March policy gathering were published
Wednesday they showed Fed officials
almost unanimously agree that the
economy faces both higher inflation
risks and slower
growth and how do Americans feel about
the new tariffs ntd Sam Wong was out on
the National Mall in DC to hear from
them how are President Trump's
terrorists impacting you and where do
you think this is all going well I think
they're a necessary evil we need to get
even with the rest of the world and we
need to bring jobs back to America i've
lost 20 30% of my value in my investment
portfolio i go to the grocery store i
thought that things would get better but
they're getting worse yeah i think it's
just bringing people to the negotiating
table which it's already happening now
and I believe it'll all sort itself out
within the next six seven weeks the
stock market's going to come back the
world's going to get back to a better
place but we'll be on equal footing with
the rest of the world i don't think it's
impacted me as far as right now
considering fair trade whenever we look
at what other people are charging for
American products to come to their uh
countries compared to what we're
charging for them to bring stuff in here
i think it's only fair for us to have at
least equal you know tariffs across the
board the White House is now saying that
dozens of countries are already coming
to the negotiating table so how do you
assess President Trump's strategy here
they have to come to the table the the
United States puts too much money out
into the world to not get it all back
and these other countries are just
quietly making cash off of us i think
he's a brilliant dealmaker and I think
it brought them to the table and I think
he'll negotiate with them i think
someone had to do it uh for the sake of
America cuz they their all their
manufacturing was going downhill i want
him to do well i want every president to
do well but taking 20 to 30% off of
people's life savings and investments is
not doing things right for people i
think in the end you'll have done the
right thing as of today what 62
countries have reached out to say look
we're ready to negotiate changes in our
tariffs which that's all it should be
fair and equal trade across the board
not someone getting charged to pay
charge you more for bringing your
products in have everybody have a good
economy president Trump yesterday he
said he's going to impose an additional
50% tariffs on China that's if China
doesn't pull back its 34% retaliatory
duties on the United States sure so what
do you make of this whole uh uh you know
back and forth it's going to be who
outlasts who the longest but in the long
run they're going to have to come to the
table too china's got their whole
economy to lose i mean they're they're
not getting real good at the moment as
it is i think they need us more than we
need them but we're going to have to get
used to paying a little bit more for
something for a while but it it should
be done and it only seems fair why we're
trying to change this is so that more
manufacturing could be happen here so we
aren't because there is no forced labor
laws here there's not I I think it's
wrong what Chinese people are having to
deal with over there be paid quarters
and dimes and and and children labor and
stuff like that wrong everybody deserves
a fair equal right to live and live
prosperous that's what I agree with
the United States recognizes Panama
sovereignty over the Panama Canal that's
the message from Panama on Wednesday the
two nations just announced new defense
and security agreements to deepen US
military training in Panama defense
Secretary BGA said these agreements are
essential for countering China's
expanding influence in the region he
also noted that the canal is a key
strategic point that Panama would secure
together with the US not with China
here's more we certainly understand that
the Panama Canal is in Panama uh and
protecting Panameanian sovereignty from
malign influence is important which is
why when President Trump says we're
taking back the Panama Canal from
Chinese influence that involves
partnership with the United States and
Panama the US and Panama issued joint
statements about deepening security
cooperation it reaffirms Panama's
sovereignty and details new military
cooperation hegath said he is grateful
Panama welcomed US troops to conduct
joint rotational exercises in the
country he said earlier this week that
the US will take back the Panama Canal
from China's influence
two ports of the Panama Canal are
controlled by the Hong Kong based
company CK Hutchinson the US firm Black
Rockck was supposed to sign a deal to
buy the two ports from the company last
week but Beijing intervened delaying the
deal ukrainian President Vladimir
Zalinsky said Wednesday that Ukrainian
intelligence has identified 155 Chinese
citizens fighting for Russia after two
Chinese nationals were captured in the
country here's more on what's happening
zilinsky said the Chinese nationals
captured in eastern Ukraine are in
communication with investigators and are
providing information on how they ended
up on the front he said Russia recruited
the two Chinese nationals and others
through ads on social media a
spokesperson for China's foreign
ministry said the claims were groundless
and has continued to deny its
involvement in the war it's not clear if
these Chinese soldiers are commercial
soldiers or if they were sent to Russia
by Beijing just as North Korea has done
now to one of China's allies Iran
entities involved in Iran's nuclear
program are facing new sanctions by the
US the Treasury Department said on
Wednesday the sanctions target five
entities and one individual based in
Iran here's a breakdown
those include the Atomic Energy
Organization of Iran the Treasury
describes it as Iran's leading
organization for research and
development in nuclear technology the
new sanctions come ahead of a high level
meeting between the United States and
Iran on Saturday trump has said that
Iran cannot have a nuclear weapon that's
all for today's China in Focus i'm
Tiffany Meyer if you have any feedback
on the show or have something you'd like
to see us cover send us an email at
chinainfocusentd.com we'd love to hear
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see you tomorrow