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Rep. Waltz: China Trying to Usurp U.S. as Global Power

Rep. Michael Waltz (R-Fla.) joined Fox Business News’ Stuart Varney on Tuesday to discuss tariffs on China and the Chinese threat to American cybersecurity:

“This is about the wholesale theft of American technology. The Chinese are stealing their way to the top. They’re forcing companies who want to do business in China to share their I.P. They’re investing wholesale in Silicon Valley and then stealing the technology.”

Waltz also discussed a recent New York Times report detailing how Chinese intelligence agents acquired National Security Agency hacking tools and repurposed them to attack American allies. The group is responsible for numerous attacks on some of the most sensitive defense targets inside the United States, including space, satellite and nuclear propulsion technology makers.

“This isn’t just about copying some iPhones or stealing some CDs. This is about China…stealing America’s technological edge and trying to usurp us as a global leader.”

A video of the exchange is available here.