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Egyptian billionaire praises Trump for standing up to China on trade

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Egyptian billionaire praises Trump for standing up to China on trade

Egyptian telecom billionaire Naguib Sawiris on Tuesday praised President Trump for standing up to China on trade and backed the U.S. over security concerns about Chinese tech giant Huawei.

Both Washington and Beijing have been embroiled in a six-month trade standoff that caused financial instability across the world and put a strain on U.S.-China relationship.

The conflict primarily stems from the Trump administration’s demand that China stops taking predatory actions in trade, including intellectual theft and forced handover of technology by U.S. companies. China has also been accused of unfairly subsidizing its own tech companies.

TRUMP’S CHINA NEGOTIATIONS: EXPERTS SAY MORE NEEDS TO BE DONE TO PROTECT IP THEFT, COULD TAKE YEARS

But the richest man in Egypt believes Trump is right to pursue a tough course of actions against China, saying the Asian superpower has been ignored for way too long.

“President Trump is right about that: This has been a long time where we closed eyes on China raping us. So, by the time you come and tell them, ‘You need to change,’ I mean, they just used to be so comfortable and do whatever they want,” Sawiris told CNBC.

“But I think the leadership is smart, so they will change what they can change. If you tell them, ‘You need to change your whole system,’ they won’t be doing that,” he continued.

“So we need to see what we can get without disrupting their system,” Sawiris added, pointing out that he sees the potential for positive change in the U.S.-China trade talks.

“President Trump is right about that: This has been a long time where we closed eyes on China raping us. So, by the time you come and tell them, ‘You need to change,’ I mean, they just used to be so comfortable and do whatever they want.”

— Naguib Sawiris

THANKS TO TRUMP, CHINA’S ECONOMY IS RAPIDLY DECELERATING — HERE’S WHAT COULD HAPPEN NEXT

The White House said last month that while the two sides made progress in trade talks, “much work remains to be done,” signaling that the deal with China is far from done. Trump said he will meet with his Chinese counterpart Xi Jinping to resolve the issue.

The Trump administration reiterated that it’s keeping the Mar. 1 deadline to come up with a deal, otherwise it would slap on punitive import taxes on $200 billion in Chinese goods.

Sawiris, who made his fortune in telecommunications, also told CNBC that officials have a right to worry about allowing Huawei operate in their countries, adding that the U.S. has a genuine concern about the Chinese tech giant’s technology.

The U.S. banned Huawei from selling products in the country. The Trump administration recently accused the company of using a Hong Kong shell company to sell equipment in Iran in violation of U.S. sanctions.

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“I think there is genuine concern, and I think it’s justified,” Sawiris said. “It’s actually taking the West very long to — I mean, you know, telecom was my domain — to get worried. I think they should be worried.”

The Associated Press contributed to this report.

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Huckabee lashes out at Trump critic Romney: ‘Makes me sick’ you could have been POTUS

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Huckabee lashes out at Trump critic Romney: ‘Makes me sick’ you could have been POTUS

Former Arkansas Gov. Mike Huckabee lashed out at Sen. Mitt Romney after the Utah Republican said he was “sickened” by the level of dishonesty from President Trump’s administration in response to Special Counsel Robert Mueller’s redacted report into Russian interference in the 2016 election.

“Know what makes me sick, Mitt? Not how disingenuous you were to take @realDonaldTrump $$ and then 4 yrs later jealously trash him & then love him again when you begged to be Sec of State, but makes me sick that you got GOP nomination and could have been @POTUS,” Huckabee tweeted Friday.

Earlier in the day, Romney tweeted that it was good news that there was insufficient evidence to charge Trump with collusion or obstruction of justice. The former GOP 2012 presidential candidate then blasted Trump and his campaign for having contacts with Russians.

“I am sickened at the extent and pervasiveness of dishonesty and misdirection by individuals in the highest office of the land, including the President,” Romney posted.

“I am appalled that, among other things, fellow citizens working in a campaign for president welcomed help from Russia — including information that had been illegally obtained; that none of them acted to inform American law enforcement,” he wrote.

Mueller’s long-awaited report was released Thursday morning and contains nearly 900 redactions. It showed investigators found no evidence of collusion between the Trump campaign and Russia. No conclusion was reached on whether Trump’s actions amounted to obstruction.

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Huckabee ran against Romney for the 2008 GOP presidential nomination and is the father of White House press secretary Sarah Huckabee Sanders.

Romney and Trump’s contentious relationship has been well documented, with both men having exchanged congratulations and insults over the years.

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CNN wanted accusations against Trump to be true, White House spokesman says

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CNN wanted accusations against Trump to be true, White House spokesman says

White House principal deputy press secretary Hogan Gidley struck back at CNN host Anderson Cooper on Friday, a day after having a contentious interview with the journalist, saying he would not be lectured by a member of the mainstream media who has been “lying” about President Trump.

“First of all, I’m not going to take a lecture on truth-telling from anybody in the mainstream media who has been lying about this president for the last two years, telling the American people that Donald Trump committed treason which is a crime punishable by death as you well know,” Gidley told “Ingraham Angle” host Laura Ingraham.

ROMNEY SAYS MUELLER REPORT LEFT HIM ‘SICKENED AT THE EXTENT AND PERVASIVENESS OF DISHONESTY AND MISDIRECTION’

On Thursday, Cooper and Gidley went back and forth over the release of the long-awaited Mueller report.

The report showed investigators did not find evidence of collusion between the 2016 Trump presidential campaign and Russia but did lay out an array of actions taken by the president that were examined as part of the investigation’s obstruction inquiry.

At one point during the interview Cooper asked Gidley if the president lied.

“No, i’m not aware of him lying. He hasn’t lied to me,” Gidley responded.

“I feel bad that you’re scared to say that your boss lied,” Cooper later added.

Gidley accused CNN of wanting accusations of collusion between the president and Russia to be true.

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“The point is, for me to sit there with CNN and listen to them, who they wanted this to be true so badly. So many in the media did, and I understand why they don’t drop it,” Gidley said.

“Because if they did, they would be admitting the fact that the last two years of their life was a complete and total waste.”

Fox News’ Paulina Dedaj contributed to this report.

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DOJ calls Nadler subpoena for full Mueller report ‘premature and unnecessary’

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Gingrich suggests Nadler’s push to further probe Mueller report is an attempt to save his job in the House

The Department of Justice responded Friday to House Judiciary Committee Chairman Jerrold Nadler’s request for Special Counsel Robert Mueller’s full and unredacted report, dismissing the request as both “premature and unnecessary.”

DOJ spokesperson Kerri Kupec said in a statement that Attorney General Bill Barr provided Mueller’s report on Thursday with only “minimal redactions” and, “in the interest of transparency,” the department had provided certain members of Congress, including Nadler, with a report that had “even fewer redactions.”

NADLER REQUESTS MUELLER TESTIFY BEFORE HOUSE JUDICIARY COMMITTEE ‘AS SOON AS POSSIBLE’

“In light of this, Congressman Nadler’s subpoena is premature and unnecessary. The Department will continue to work with Congress to accommodate its legitimate requests consistent with the law and long-recognized executive branch interests,” Kupec continued.

Nadler said in a statement early Friday that he subpoenaed the DOJ for the “full version” of the Mueller report and “underlying evidence,” requiring the department to comply by May 1.

“My committee needs and is entitled to the full version of the report and the underlying evidence consistent with past practice,” Nadler’s statement read. “The redactions appear to be significant. We have so far seen none of the actual evidence that the special counsel developed to make this case.”

Prior to the release of the long-awaited report, Nadler also made a request that Mueller himself provide testimony “as soon as possible” before his committee to explain his findings in the nearly 400-page report.

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“It is clear Congress and the American people must hear from Special Counsel Robert Mueller in person to better understand his findings.”

While there was no immediate response from Mueller, Barr said at a press conference prior to Nadler’s request that he would be open to providing testimony on the report.

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