China has been ratcheting up the rhetoric about not only Hong Kong, but also Taiwan, India, Australia and the United States, among other nations. The Chinese Communist Party dictator Xi Jinping told his military recently that they must prepare for war.
Popular Mechanics reported 2 days ago something that provides useful context to the headline and feature on the growing U.S. China tensions. “The U.S. Navy released a video of its newest, most powerful laser in action, destroying a target drone in mid-flight.”
The Navy released a brief video with this statement on their YouTube page. “Amphibious transport dock ship USS Portland (LPD 27) successfully disabled an unmanned aerial vehicle (UAV) with a Solid State Laser – Technology Maturation Laser Weapon System Demonstrator (LWSD) MK 2 MOD 0. US Navy video from US Pacific Fleet Public Affairs.”
The version of the naval video is posted below because it is few seconds longer than the official version.
This version shows a drone being shot down by the laser (LWSD) weapon. Posted on May 22, 2020, it has already had 2,159,694 views.
Another dramatic video is below. But the video above is more for China than Americans, but businesses and investors should sit up and take note for reasons noted further below. The naval combat laser is known to have been undergoing deployment and tests since 2014.
The video from CNN in posted on July 17, 2017 has had 6,903,714 views.
It doesn’t take a rocket scientist to figure out that the U.S. is politely reminding China’s leaders this week that they have these laser weapons, presumably already on ships that sail the straights between China and Taiwan.
But this not so subtle military warning for China not to test America’s willingness to defend Taiwan is logically a warning flare for American investors. It should also be a FWIW warning to those who buy products from Communist China. There is no predicting what’s next, but how much more warnings are necessary, after over 100,000 Americans are dead?
Two new statements from the White House are further below. They are related to today’s pithy press conference by President Donald J. Trump flanked by senior officials. The video of that statement and more are the MHProNews featured focus tonight.
As usual, tonight’s featured focus will be located beyond our traditional left-right business nightly headline review, quotable quotes, and market snapshots. The individual tracked stocks at the closing bell are located after our featured focus and related reports.
Quotes That Shed American Social, Industry Light…
Headlines from left-of-center CNN Business
- Uber disposes of tens of thousands of bikes, sparking backlash
- Big chains filed for bankruptcy every week in May. Here are 6 of them
- American consumer spending has ground to a halt since mid-March. That’s a massive problem
- S&P US chief economist: How we can add $5.7 trillion to the US economy
- EXCLUSIVE Senators call for FTC investigation into Instacart tip baiting after CNN Business report
- The worst is yet to come for India’s slowing economy
- Mark Zuckerberg silent as Trump uses Facebook and Instagram to threaten ‘looting’ will lead to ‘shooting’
- Trump tweets threat that ‘looting’ will lead to ‘shooting.’ Twitter put a warning label on it
- Trump says right-wing voices are being censored. The data says something else
- My bakery is a Covid-19 success story. But we are still struggling to get by
- NASA astronauts Douglas Hurley, left, and Robert Behnken ride a Tesla SUV from the Neil A. Armstrong Operations and Checkout Building on their way to Pad 39-A, at the Kennedy Space Center in Cape Canaveral, Fla., Wednesday, May 27, 2020. The two astronauts will fly on a SpaceX test flight to the International Space Station. For the first time in nearly a decade, astronauts will blast into orbit aboard an American rocket from American soil, a first for a private company.
- Everything you need to know about SpaceX’s historic launch, round two
- TJ Maxx is one of the hardest stores to socially distance in. That isn’t stopping customers
- Need a plumber or babysitter to come to your home? Here’s how to keep everyone safe
- A team of young people in a modern office is discussing their project. The group consists of two men and two women, the are seen in bird’s eye view.
- Why I will never let our employees go fully remote after the pandemic
- Here’s what the future of work will look like
- Why you should consider sharing your job
- Covid-19 isn’t making people leave big cities, yet
- We must reform capitalism, not abandon it
- NEW YORK, NY – APRIL 09: The Apple store on Broadway is closed amid the coronavirus pandemic on April 9, 2020 in New York City. COVID-19 has spread to most countries around the world, claiming 96,000 lives with infections at 1.6 million people.
- The economy is in shambles but Big Tech stocks are on fire
- Beware of bankrupt stocks
- Carl Icahn lost $2 billion betting on Hertz
- Stocks and bonds send mixed signals about economy
- Why packed beaches should worry euphoric investors
Headlines from right-of-center Fox Business
- Trump announces new actions against China over Hong Kong, coronavirus
- The president said the U.S. will crack down on Chinese companies listed on American exchanges.
- Stocks jump for month, as oil posts record gain
- Crude prices on track for best month on record
- Trump terminates US relationship with WHO
- Target, other retailers close after being looted, ravaged by rioters amid protests
- SEE IT: CNN reporter, crew freed after on-air arrest during Minneapolis protests
- Minneapolis protests turn deadly as violence rocks city
- SOCIAL MEDIA
- FCC commissioner calls out Twitter as it feuds with Trump
- Former Twitter VP rejects claim platform targets Trump
- FDA finds dangerous contamination in several brands of diabetes drug
- America’s small businesses need this kind of protection amid the pandemic crisis
- LINE UP
- Disney announces big change to FastPass service, cancels reservations
- NOT JUNK MAIL
- PERSONAL FINANCE
- IRS pleads with Americans not to throw away with coronavirus cash debit cards
- BILLION-ERR STRIPPED
- RICH & FAMOUS
- Forbes says Kylie Jenner forged tax returns, boots her off coveted list
- MAKING ENDS MEET
- PERSONAL FINANCE
- Can you collect unemployment if you get a pay cut?
- WHAT NEST EGG?
- PERSONAL FINANCE
- The surprising number of Americans who saved $0 for retirement last year
- YOU’LL THANK YOURSELF
- 4 ways to maximize Social Security checks
- ‘BY ANY MEANS NECESSARY’
- Colin Kaepernick offers to pay legal fees amid Minneapolis riots
- HEAVY HITTERS
- America’s most profitable companies
- DRESSED DOWN
- AMERICAN AIRLINES
- American Airlines attendant says she wasn’t allowed to wear face shield
- ‘SERENE REFUGE’
- REAL ESTATE
- SEE INSIDE: Kylie Jenner’s former California home listed for $3.6M
- GOING UP!
- REAL ESTATE
- SEE IT: Malibu palace with its own funicular hits market for $125M
- NOT FLYING SO HIGH NOW
- Private jet biz got COVID funds, shared benefits with rich clients: Report
- Twitter ratchets up Trump dispute by censoring this tweet after prez signs order
- The move by the social media company escalates a dispute with the president that could change the legal environment in which the industry operates.
- Staten Island tanning salon defies coronavirus lockdown orders, hit with hefty fine
- SpaceX launch is ‘renaissance of commercial space travel’: astronaut
- Kudlow says White House wants a back-to-work bonus for unemployed Americans
- Varney: This man is the most important executive in the world
- Costco plans to bring back free food samples
- PERSONAL FINANCE
- US mortgage rates fall; 30-year loan at all-time low 3.15%
- Powell: Fed is ‘days away’ from making first loans through Main Street lending facility
- PERSONAL FINANCE
- Struggling to pay your mortgage? Credible CEO on 3 tips homeowners need to know
- Hospitals’ financial losses, layoffs from coronavirus are a disaster
- Cannabis producer Canopy Growth smoked by restructuring charge
- BUSINESS LEADERS
- Tesla’s Elon Musk scores massive payday
- Federal student loans will be at cheapest level ever this school year
- Consumer spending sinks by record 13.6% in face of coronavirus
- Chicago business barometer falls to lowest level since 1982
- Vacation towns reopen from lockdowns — and locals are torn
- Court rejects bid to revive canceled US pipeline program
- Florida Sen. Rick Scott accuses NY of trying to tax Sunshine State residents to ‘backfill’ budget
- Debate over $600 in jobless aid to intensify as claims rise
- Washington recovers $300M in fraudulent unemployment claims
10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Featured Focus – Where Business, Politics and Investing Can Meet
From the White House to MHProNews today.
Proclamation on the Suspension of Entry as Nonimmigrants of Certain Students and Researchers from the People’s Republic of China
NATIONAL SECURITY & DEFENSE
Issued on: May 29, 2020
The People’s Republic of China (PRC) is engaged in a wide‑ranging and heavily resourced campaign to acquire sensitive United States technologies and intellectual property, in part to bolster the modernization and capability of its military, the People’s Liberation Army (PLA). The PRC’s acquisition of sensitive United States technologies and intellectual property to modernize its military is a threat to our Nation’s long-term economic vitality and the safety and security of the American people.
The PRC authorities use some Chinese students, mostly post‑graduate students and post-doctorate researchers, to operate as non-traditional collectors of intellectual property. Thus, students or researchers from the PRC studying or researching beyond the undergraduate level who are or have been associated with the PLA are at high risk of being exploited or co-opted by the PRC authorities and provide particular cause for concern. In light of the above, I have determined that the entry of certain nationals of the PRC seeking to enter the United States pursuant to an F or J visa to study or conduct research in the United States would be detrimental to the interests of the United States.
NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States, by the authority vested in me by the Constitution and the laws of the United States of America, including sections 212(f) and 215(a) of the Immigration and Nationality Act (INA), 8 U.S.C. 1182(f) and 1185(a), and section 301 of title 3, United States Code, hereby find that the unrestricted entry into the United States as nonimmigrants of persons described in section 1 of this proclamation would, except as provided for in section 2 of this proclamation, be detrimental to the interests of the United States, and that their entry should be subject to certain restrictions, limitations, and exceptions. I therefore hereby proclaim the following:
Section 1. Suspension and Limitation on Entry. The entry into the United States as a nonimmigrant of any national of the PRC seeking to enter the United States pursuant to an F or J visa to study or conduct research in the United States, except for a student seeking to pursue undergraduate study, and who either receives funding from or who currently is employed by, studies at, or conducts research at or on behalf of, or has been employed by, studied at, or conducted research at or on behalf of, an entity in the PRC that implements or supports the PRC’s “military-civil fusion strategy” is hereby suspended and limited subject to section 2 of this proclamation. For the purposes of this proclamation, the term “military-civil fusion strategy” means actions by or at the behest of the PRC to acquire and divert foreign technologies, specifically critical and emerging technologies, to incorporate into and advance the PRC’s military capabilities.
Sec. 2. Scope of Suspension and Limitation on Entry.
(a) Section 1 of this proclamation shall not apply to:
(i) any lawful permanent resident of the United States;
(ii) any alien who is the spouse of a United States citizen or lawful permanent resident;
(iii) any alien who is a member of the United States Armed Forces and any alien who is a spouse or child of a member of the United States Armed Forces;
(iv) any alien whose travel falls within the scope of section 11 of the United Nations Headquarters Agreement or who would otherwise be allowed entry into the United States pursuant to United States obligations under applicable international agreements;
(v) any alien who is studying or conducting research in a field involving information that would not contribute to the PRC’s military‑civil fusion strategy, as determined by the Secretary of State and the Secretary of Homeland Security, in consultation with the appropriate executive departments and agencies (agencies);
(vi) any alien whose entry would further important United States law enforcement objectives, as determined by the Secretary of State, the Secretary of Homeland Security, or their respective designees, based on a recommendation of the Attorney General or his designee; or
(vii) any alien whose entry would be in the national interest, as determined by the Secretary of State, the Secretary of Homeland Security, or their respective designees.
(b) Nothing in this proclamation shall be construed to limit the ability of an individual to seek asylum, refugee status, withholding of removal, or protection under the Convention Against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment, consistent with the laws of the United States.
Sec. 3. Implementation and Enforcement. (a) Persons covered by sections 1 or 2 of this proclamation shall be identified by the Secretary of State or the Secretary of State’s designee, in his or her sole discretion, pursuant to such standards and procedures as the Secretary of State may establish. For purposes of subsections 2(a)(v), 2(a)(vi), and 2(a)(vii) of this proclamation, the Secretary of State shall provide for identifications of aliens based on the further determinations and recommendations provided for in those subsections by the Attorney General and the Secretary of Homeland Security.
(b) The Secretary of State shall implement this proclamation as it applies to visas pursuant to such procedures as the Secretary of State, in consultation with the Secretary of Homeland Security, may establish in the Secretary of State’s discretion. The Secretary of Homeland Security shall implement this proclamation as it applies to the entry of aliens pursuant to such procedures as the Secretary of Homeland Security, in consultation with the Secretary of State, may establish in the Secretary of Homeland Security’s discretion.
(c) An alien who circumvents the application of this proclamation through fraud, willful misrepresentation of a material fact, or illegal entry shall be a priority for removal by the Department of Homeland Security.
Sec. 4. Termination. This proclamation shall remain in effect until terminated by the President. The Secretary of State, in consultation with the Secretary of Homeland Security, may at any time recommend that the President continue, modify, or terminate this proclamation.
Sec. 5. Effective Date. This proclamation is effective at 12:00 p.m. eastern daylight time on June 1, 2020.
Sec. 6. Additional Measures. (a) The Secretary of State shall consider, in the Secretary’s discretion, whether nationals of the PRC currently in the United States pursuant to F or J visas and who otherwise meet the criteria described in section 1 of this proclamation should have their visas revoked pursuant to section 221(i) of the INA, 8 U.S.C. 1201(i).
(b) Within 60 days of the effective date of this proclamation, the Secretary of State and the Secretary of Homeland Security, in consultation with the heads of appropriate agencies, shall review nonimmigrant and immigrant programs and shall recommend to the President, through the Assistant to the President for National Security Affairs, any other measures requiring Presidential action that would mitigate the risk posed by the PRC’s acquisition of sensitive United States technologies and intellectual property.
(c) The Secretary of State and the Secretary of Homeland Security shall, within the scope of their respective authorities and in coordination with the heads of appropriate agencies, take action to further mitigate the risk posed by the PRC’s acquisition of sensitive United States technologies and intellectual property. The Secretary of State and the Secretary of Homeland Security shall report to the President, within 60 days of the effective date of this proclamation, through the Assistant to the President for National Security Affairs, any such planned and executed actions.
(d) The Secretary of State and the Secretary of Homeland Security shall consider issuing updated regulations and guidance, as appropriate, implementing the inadmissibility provisions in section 212(a)(3)(D) of the INA, 8 U.S.C. 1182(a)(3)(D).
Sec. 7. General Provisions. (a) Nothing in this proclamation shall be construed to impair or otherwise affect:
(i) the authority granted by law to an executive department or agency, or the head thereof; or
(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
(b) This proclamation shall be implemented consistent with applicable law and subject to the availability of appropriations.
(c) This proclamation is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.
IN WITNESS WHEREOF, I have hereunto set my hand this twenty-ninth day of May, in the year of our Lord two thousand twenty, and of the Independence of the United States of America the two hundred and forty-fourth.
DONALD J. TRUMP
Also from the White House today is this. It will be followed by an MHProNews analysis in brief.
President Donald J. Trump Is Protecting America From China’s Efforts To Steal Technology And Intellectual Property
NATIONAL SECURITY & DEFENSE
SAFEGUARDING NATIONAL SECURITY: President Donald J. Trump is dismantling China’s ability to use graduate students to steal intellectual property and technology from the United States.
- President Trump has issued a proclamation to block certain graduate level and above Chinese nationals associated with entities in China that implement or support China’s Military-Civil Fusion (MCF) strategy, from using F or J visas to enter the United States.
- China’s theft of American technology, intellectual property, and research threatens the safety, security, and economy of the United States.
- Today’s actions will not affect students who come to the United States for legitimate reasons.
- Affected students are those who have been employed by or who studied or researched with Chinese entities that support China’s MCF strategy.
PRESERVING AMERICAN SUPERIORITY: President Trump is ensuring that our Nation remains militarily and technologically dominant.
- The United States is the leading innovator of next-generation technologies, including those with military applications.
- China’s MCF strategy is an attempt to develop the most technologically advanced military in the world by any means necessary, including by co-option and coercion.
- Through China’s MCF strategy, the People’s Liberation Army is using certain Chinese students and researchers to steal American technological secrets and innovations.
- China should not be permitted to advance its military development through access to our Nation’s educational and research centers.
- President Trump is preventing China from acquiring critical American technologies that could boost its military and threaten our national security interests, by suspending and limiting the entry into the United States of high-risk students and researchers from China.
KEEPING PERSISTENT PRESSURE ON CHINA: Today’s action is the latest example of President Trump’s commitment to preventing China from taking advantage of the United States.
- The Department of Justice’s China Initiative and the Federal Bureau of Investigation are directing resources to identify and prosecute trade secrets theft, hacking, and economic espionage.
- President Trump has successfully used tariffs to persuade China to sign a Phase One Trade Agreement that secured significant protections for American businesses and workers.
- The President has taken action against China to protect American producers from unfair competition and counterfeit goods.
- President Trump has taken action to prevent foreign malign actors from gaining access to United States information networks.
The video starts at about the 59:00 minute mark. Note that Robert Emmet Lighthizer, American attorney and government official who is the current United States Trade Representative, was among those standing silently by President Trump during this press conference statement. The significance will be explained below.
Additional Information and MHProNews Analysis and Commentary
Note that U.S. Trade Representative Robert Lighthizer, J.D., is in the group standing silently by President Trump. This is a signal for future action. It gives U.S. companies doing business in China a chance to bring their supply chains back to America, if they act ASAP.
President Donald Trump holds a news conference at the White House
Note that U.S. Trade Representative Robert Lighthizer, J.D., is in the group standing silently by President Trump. This is arguably a signal for future action, if China fails to curb is behavior.
It gives U.S. companies doing business in China a chance to bring their supply chains back to America, if they act ASAP. More that’s related background, linked here.
Manufactured Housing Industry Investments Connected Closing Equities Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
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Disclosure. MHProNews holds no positions in the stocks in this report.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHLivingNews.com.
Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.
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