US Senator Marco Rubio (R-FL) and US Representative John Moolenaar (R-MI) penned a letter to US Department of Defense Secretary Lloyd Austin to “immediately place” Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) on Section 1260H List (blacklist) of the National Defense Authorization Act.
The GOP lawmakers wrote in a press release that the Chinese battery manufacturer and technology company has “deep ties to the Chinese Communist Party and its armed wing, the People’s Liberation Army (PLA). ”
“Reliance on, and use of, CATL batteries threatens US national security as it makes our nation dependent on Communist China for energy infrastructure,” they said, adding the DoD understands “the threat CATL poses to our nation” yet DoD has done nothing to place CATL on the “1260H list, which exposes Chinese entities operating in the US.”
A statement from Rubio:
“US policymakers have a duty to stand in resolute opposition to any effort by America’s adversaries that threaten our national and economic security. By including CATL on the Section 1260H List, the DoD would not only safeguard America’s military infrastructure from exposure to the PLA, it would also send a powerful signal to US companies who are currently weighing partnerships with CATL.” […]
— Read More: www.zerohedge.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.