Tim Scott Highlights China Competition as Defense Bill Moves Forward to Trump
Gatestone Institute senior fellow Gordon Chang recently joined ‘Mornings with Maria’ to express concerns about China’s increasing pressure on President Donald Trump. He highlighted that China is seeking access to advanced U.S. AI chips while circumventing export controls, all amidst escalating military tensions.
Senate Banking Chairman and former presidential candidate Tim Scott, R-S.C., outlined significant components of the National Defense Authorization Act (NDAA) aimed at countering China. His efforts are designed to position “America for the long run” against this rising communist power.
As the leading voice for the banking sector in Congress, Scott emphasized the necessity of including provisions targeting China in the annual defense spending bill. In an exclusive interview with Fox News Digital, he stressed the importance of ensuring that American currency does not “fund our adversaries” and that the U.S. must maintain its dominance in artificial intelligence and semiconductor technology.
“It’s crucial for us to recognize that we still hold the high ground, and maintaining that position requires an assertive stance against China,” Scott stated.
US COULD BURN THROUGH KEY MISSILES IN ‘A WEEK’ IF WAR WITH CHINA ERUPTS, TOP SECURITY EXPERT WARNS
Senate Banking Chair Tim Scott emphasized China-focused measures in the NDAA, which include sanctions, chips, AI, investment restrictions, and national security reviews, as part of a strategy to “position America for the long run against China.” (Stefani Reynolds/Bloomberg via Getty Images / iStock / Getty Images)
“This encompasses everything from how we review our sanctions, to the ongoing discussions about chips and the role of artificial intelligence in that context,” Scott elaborated.
The NDAA was passed in the House in early September and is now set to be presented to President Donald Trump after successfully passing in the Senate on Wednesday.
Among the key legislative measures included in the NDAA are three significant acts highlighted by Senator Scott.
The Protect Our Bases Act updates the Committee on Foreign Investment procedures, mandating regular updates to federal records of sensitive sites and introducing annual reporting requirements. This legislation was prompted by a 2022 incident involving a Chinese-owned company’s attempted land purchase near Grand Forks Air Force Base, which exposed weaknesses in the existing review process.
Sen. Tim Scott, R-S.C., serves as the top banking leader in the Senate. (Roberto SchmidtAFP via Getty Images / Getty Images)
The NDAA also extends the Defense Production Act (DPA), originally enacted in 1950, which allows the U.S. to enhance its industrial capacity during national emergencies. Scott advocated for provisions in the defense bill that establish core functions in defense production and bolster domestic supply chains.
CHINA MILITARY REACHES ‘WAR FOOTING’ WITH NEW MISSILE SILOS AND ADVANCED AI WARFARE SYSTEMS
The FIGHT China Act, which garnered bipartisan support, introduces an outbound investment screening process. This allows the Treasury Department to restrict or require notification for certain U.S. investments in sensitive technologies within the People’s Republic of China.
The annual defense spending bill is now set to be signed into law by President Donald Trump. (Alex Flynn/Bloomberg / Getty Images)
This legislation also introduces new reporting requirements and targeted exemptions to enhance transparency while limiting transactions considered high-risk to U.S. national security.
Senator Scott emphasized the importance of these legislative measures, stating that it is crucial to stay ahead of China, which he characterized as a communist nation that thinks “in generations, if not centuries.” He believes that economic strategies are the most effective tools against the People’s Republic of China.
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“Positioning America for the long run against China is incredibly important,” Scott reiterated. “China does not think in election cycles; they think in generations, if not centuries.” He concluded by stating, “The more we leverage our economic tools, the better positioned we are as a nation and as a global community.”
Gatestone Institute senior fellow Gordon Chang recently joined ‘Mornings with Maria’ to express concerns about China’s increasing pressure on President Donald Trump. He highlighted that China is seeking access to advanced U.S. AI chips while circumventing export controls, all amidst escalating military tensions.
Senate Banking Chairman and former presidential candidate Tim Scott, R-S.C., outlined significant components of the National Defense Authorization Act (NDAA) aimed at countering China. His efforts are designed to position “America for the long run” against this rising communist power.
As the leading voice for the banking sector in Congress, Scott emphasized the necessity of including provisions targeting China in the annual defense spending bill. In an exclusive interview with Fox News Digital, he stressed the importance of ensuring that American currency does not “fund our adversaries” and that the U.S. must maintain its dominance in artificial intelligence and semiconductor technology.
“It’s crucial for us to recognize that we still hold the high ground, and maintaining that position requires an assertive stance against China,” Scott stated.
US COULD BURN THROUGH KEY MISSILES IN ‘A WEEK’ IF WAR WITH CHINA ERUPTS, TOP SECURITY EXPERT WARNS
Senate Banking Chair Tim Scott emphasized China-focused measures in the NDAA, which include sanctions, chips, AI, investment restrictions, and national security reviews, as part of a strategy to “position America for the long run against China.” (Stefani Reynolds/Bloomberg via Getty Images / iStock / Getty Images)
“This encompasses everything from how we review our sanctions, to the ongoing discussions about chips and the role of artificial intelligence in that context,” Scott elaborated.
The NDAA was passed in the House in early September and is now set to be presented to President Donald Trump after successfully passing in the Senate on Wednesday.
Among the key legislative measures included in the NDAA are three significant acts highlighted by Senator Scott.
The Protect Our Bases Act updates the Committee on Foreign Investment procedures, mandating regular updates to federal records of sensitive sites and introducing annual reporting requirements. This legislation was prompted by a 2022 incident involving a Chinese-owned company’s attempted land purchase near Grand Forks Air Force Base, which exposed weaknesses in the existing review process.
Sen. Tim Scott, R-S.C., serves as the top banking leader in the Senate. (Roberto SchmidtAFP via Getty Images / Getty Images)
The NDAA also extends the Defense Production Act (DPA), originally enacted in 1950, which allows the U.S. to enhance its industrial capacity during national emergencies. Scott advocated for provisions in the defense bill that establish core functions in defense production and bolster domestic supply chains.
CHINA MILITARY REACHES ‘WAR FOOTING’ WITH NEW MISSILE SILOS AND ADVANCED AI WARFARE SYSTEMS
The FIGHT China Act, which garnered bipartisan support, introduces an outbound investment screening process. This allows the Treasury Department to restrict or require notification for certain U.S. investments in sensitive technologies within the People’s Republic of China.
The annual defense spending bill is now set to be signed into law by President Donald Trump. (Alex Flynn/Bloomberg / Getty Images)
This legislation also introduces new reporting requirements and targeted exemptions to enhance transparency while limiting transactions considered high-risk to U.S. national security.
Senator Scott emphasized the importance of these legislative measures, stating that it is crucial to stay ahead of China, which he characterized as a communist nation that thinks “in generations, if not centuries.” He believes that economic strategies are the most effective tools against the People’s Republic of China.
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
“Positioning America for the long run against China is incredibly important,” Scott reiterated. “China does not think in election cycles; they think in generations, if not centuries.” He concluded by stating, “The more we leverage our economic tools, the better positioned we are as a nation and as a global community.”
