While President Trump takes steps to bring vital industries back to the United States, the Chamber of Commerce is already warning that the U.S. must continue to be reliant on foreign countries for goods, products, and supplies.
The government has announced the UK Global Tariff structures which will replace the EU-enforced Common External Tariff once the country leaves Brussels’ institutions at the end of this year, meaning that items like dishwashers will be cheaper but British industries like car manufacturing and farming will be protected.
Sen. Josh Hawley (R-MO) has filed a joint resolution to withdraw the United States from the World Trade Organization (WTO) in the wake of the Chinese coronavirus crisis.
Senator Josh Hawley (R-MO) says the World Trade Organization (WTO) should be abolished in the wake of the Chinese coronavirus.
Chinese state media is still cranking out editorials denouncing U.S. lawsuits intended to hold Beijing accountable for the death and damage inflicted by the Wuhan coronavirus, suggesting the Chinese Communist Party (CCP) is more than a little worried about backlash from the pandemic, even if the legal principle of sovereign immunity protects it from these particular lawsuits.
President Donald Trump should impose tariffs on Saudi Arabia’s oil exports to the U.S. in response to the kingdom’s dumping of oil during record-low global prices of the commodity caused by coronavirus-related economic shutdowns, said Spencer McGowan, founder of McGowan Group Asset Management and host of NetWorth Radio.
President Trump says the United States must no longer outsource its economic independence to foreign countries.
Executives with the George W. Bush Presidential Center say more globalization of the American economy is the answer to the Chinese coronavirus crisis, not the problem.
President Trump said he hopes Sen. Bernie Sanders’ (I-VT) supporters back him in the 2020 presidential election against presumptive Democrat nominee Joe Biden because the two agree that the United States’ trade policy must put American workers before corporate interests.
White House trade adviser Peter Navarro says the Chinese coronavirus crisis is vindicating President Trump’s economic nationalist agenda, underscoring how “dangerously over-dependent” the nation is on global supply chains overseas.
“Everybody keeps saying, ‘Are you going to suspend the tariffs?’ Well, the answer is no,” Trump said.
The Trump administration is seeking out various American manufacturers to help make essential supplies needed to fight the coronavirus without relying on foreign imports and supply chains from China.
Populist conservative author and columnist Pat Buchanan is noting that if 2020 Democrats like Joe Biden and Bernie Sanders were in charge today, American taxpayers would be forced to provide free healthcare to all illegal aliens and border-crossers amid the Chinese coronavirus pandemic.
“And insists on it. And insist, insist, insist. I could get that done,” Biden said, struggling to describe how he would get China to change its coronavirus policies.
The latest Producer Price Index data debunks the idea that tariffs have squeezed American consumers.
Alabama Senate candidate Tommy Tuberville (R) says illegal aliens arriving in the United States and receiving “everything they want” is President Trump’s fault.
The coronavirus outbreak has exposed the United States’ dangerous dependence on China for pharmaceutical and medical supplies, including an estimated 97 percent of all antibiotics and 80 percent of the active pharmaceutical ingredients needed to produce drugs in the United States.
Defying widespread predictions that higher tariffs on Chinese televisions would push up prices, prices keep falling.
“I am in favor of the internal improvement system and a high protective tariff,” Lincoln said in his first political speech.
Several Democratic hopefuls voiced support for penalizing countries with tariffs for not going along with their environmental agenda.
Consumers are set to benefit from the government’s plan to slash tariffs on goods from the United States and other countries after the UK comes out of the transition period in December 2020.
The move reduces the cost for Chinese importers of U.S. goods but is largely symbolic.
The trade deficit with China fell to the lowest level since 2014 as tariffs were hiked last year. |
Trump said he had promised to confront China over the theft of jobs. Now, after 18 months of trade war, progress has begun.
Working-class Americans who have been betrayed by globalization of the United States’ economy are turning to President Trump’s economic nationalist Republican Party for support.
“They’re going to make a deal, because they have to. They have to. They have no choice,” Trump said in Davos.
Former White House economic adviser Gary Cohn, who proudly embraces the label “globalist,” falsely claimed on Face The Nation that tariffs on Chinese imports have “totally hurt the United States.”
As it turns out, Breitbart has been right all along. Tariffs did not squeeze American consumers.
Angela Merkel’s comments undercut a key Democratic talking point: that the U.S. should work with its allies to pressure China.
Let’s look back at all the things our corrupt political and media “experts” assured and reassured us Trump could not or would not do … just before he went ahead and did.
Former Vice President Joe Biden’s trade agenda in the 2020 Democrat presidential primary replicates then-candidate Barack Obama’s trade promises in 2008 — promises that ultimately led to the Obama-Biden White House pushing the job-killing Trans-Pacific Partnership (TPP) free trade deal.
The phase one trade deal’s simplicity is its greatest strength.
DES MOINES, Iowa — Billionaire left-wing donor-turned-candidate Tom Steyer told Breitbart News in the spin room after Tuesday evening’s Democrat debate that he would not use tariffs on China to force it to adopt climate change policies.
Presidential hopeful Tom Steyer (D) said at the Democrat debate on Tuesday that he would end the tariffs that President Donald Trump has put in place to curb China’s unfair trade practices on the first day of his presidency if he is elected in 2020.
The White House appears to be waiting until the last minute to release the text of the phase one trade deal with China
(AFP) — The EU’s top trade official heads to Washington on Tuesday on a sensitive mission to mend ties with the United States and end several years of protectionist battles.
“China has made enforceable commitments to refrain from competitive devaluation,” Treasury Secretary Mnuchin said.
The U.S. economy is far more resilient and less reliant on China than Trump critics believed.
It simply wrong to assume that all of the cost of tax on imported wine will be passed on to the American consumer.
China officially confirms that Vice Premier Liu He will attend the signing of the Phase One trade deal.
