"Stop Harris's Victory" Vance Requests Support from PayPal Founder... Advocates for Google Breakup
UK Daily Newspaper Interview
"No Support or Opposition to Wall Street... Support for Real Economy"
Calls for Response to China's Excessive Actions... "Will Care About Deficit"
J.D. Vance, the Republican vice-presidential candidate and U.S. Senator from Ohio, urged PayPal founder Peter Thiel to financially support former President Donald Trump's campaign. He signaled a tough stance on China's overproduction and reaffirmed his position that Google should be broken up.
In an interview with a major British daily on the 29th (local time), Senator Vance said, "Peter is somewhat tired of politics, but if we lose and Kamala Harris becomes president, he will truly become exhausted with politics," urging support for the Trump campaign.
He added, "Peter is fundamentally a conservative and should step away from the sidelines to support us," and said, "I will continue talking to Peter and try to persuade him."
Thiel, a political backer of Vance, donated to the Republican Party in the 2016 presidential election and supported Vance in the 2022 Senate race. However, he has not endorsed any candidate in this year's presidential election. As Democratic vice-presidential candidate Kamala Harris gains momentum in polls and fundraising, surpassing the Trump campaign in the 'money war,' Vance is reaching out to major donors for contributions.
Regarding Vance's attribution of the financial crisis to "Wall Street billionaires" at last month's Republican National Convention, he clarified, "I am neither against Wall Street nor do I support them," explaining, "I simply support the real economy and the actual production of goods in America."
On Silicon Valley regulation, he expressed the view that large corporations and small businesses should be regulated differently. Using Google as an example, he argued that many large companies should be broken up to promote innovation.
Vance said, "I believe Google should be broken up," adding, "Google is too big and too powerful." He continued, "We will see how things unfold in 2025."
Google, which operates the world's largest search engine, recently lost an antitrust lawsuit filed by the U.S. Department of Justice concerning the online search market. This has led to speculation that Google's search business division could be dismantled.
Vance also commented on former President Trump's tariff increase plans, stating, "China needs to be dealt with differently," and emphasized, "The U.S. needs the will to fight against the worst excesses of globalization." Regarding China, he stressed, "We must use both carrots and sticks and not allow them access to our market when they try to lower American wages and steal American factories."
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Addressing concerns that Trump's tax cut promises could expand the U.S. fiscal deficit, he said, "We take the deficit issue very seriously," but added, "However, we will not be bound by estimates that have been wrong in the past and are expected to be wrong in the future."
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