We know that China's built that military capability with the help of some of America's biggest corporations and even American tax dollars. For too long, our government was willfully blind to the threat China posed. Multinational corporations, eager to move jobs wherever they could, pay ever lower wages, lobbied this body, and presidents of both parties failed us for permanent normal trade relations with China. When corporations move products overseas, they outsource the technology and the trade secrets along with it. We did nothing to stop it and now we're paying the price. (00:00–06:34)
CLAIM
Asserts that multinational corporations lobbied for trade relations with China, and presidents of both parties failed to prevent it.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
