President Joe Biden gave his second State of the Nation speech early Wednesday morning Finnish time.
President of the United States Joe Biden said he did to the president of China to Xi Jinping to make it clear that the United States hopes for competition rather than conflict in relations with China. Biden held his second term as president his state of the nation speech (you will switch to another service) for both chambers of the congress early Wednesday morning Finnish time.
– I am committed to working with China when it promotes the interests of the United States and brings benefits to the world, Biden said.
In his speech, the president also mentioned the suspected Chinese spy ball that went down off South Carolina on Saturday.
– We made it clear last week that if China threatens our sovereignty, we will act to protect our country. And this is how we operate.
Oil giants, social media companies and pharmaceutical companies received criticism
In his speech, Biden harshly criticized large oil companies that have benefited from Russia’s war of aggression against Ukraine.
– Last year they earned 200 billion dollars in the middle of the global energy crisis. I find it outrageous, the president stated.
The large pharmaceutical giants, which “unfairly” charge high prices to the US, also received their share of criticism.
– We pay more for prescription drugs than any major nation in the world.
Social media companies and large technology companies also had their share in Biden’s speech. Biden called for stricter restrictions on companies collecting personal data and online advertising aimed at children.
Biden hoped to work with Republicans
According to Biden, the United States has recovered from the corona pandemic better than other major market areas.
– Two years ago, Corona closed our company, our school and deprived us of so much. Now Corona no longer controls our lives, he said.
In his speech, Biden appealed to Republicans and hoped that both parties would come together.
According to Biden, the people have sent a clear message to the decision-makers that fighting between parties just for the sake of fighting will not move the United States forward.