Posted on 08/01/2019 1:01:55 PM PDT by LRoggy
Press Release (note, press releases can be published in full):
WASHINGTON – The National Retail Federation today issued the following statement from Senior Vice President for Government Relations David French in response to the Trump administration’s plans to impose a 10 percent tariff on $300 billion worth of goods imported from China beginning September 1.
“As we’ve said repeatedly, we support the administration’s goal of restructuring the U.S.-China trade relationship. But we are disappointed the administration is doubling-down on a flawed tariff strategy that is already slowing U.S. economic growth, creating uncertainty and discouraging investment. These additional tariffs will only threaten U.S. jobs and raise costs for American families on everyday goods.
“The tariffs imposed over the past year haven’t worked, and there’s no evidence another tax increase on American businesses and consumers will yield new results. We urge the administration to bring our allies to the table and find new tools beyond tariffs to achieve better trade relations.”
About NRF
The National Retail Federation, the world’s largest retail trade association, passionately advocates for the people, brands, policies and ideas that help retail thrive. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nation’s largest private-sector employer, contributing $2.6 trillion to annual GDP and supporting one in four U.S. jobs — 42 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies.
Having just read your press release I am thoroughly disgusted with your selfishness. You are SUPPOSED to be AMERICANS first. China has not played fair and your organization's members have taken advantage and kept silent. I strongly suggest you remove that un-American whine-fest of a press release and support the ending of theft by a country that will not play by the rules. As former Microsoft co-founder Steve Ballmer recently said: "90% of Chinese companies use Microsoft products and only 1% of them PAY FOR IT". You want to associate yourself on the side of those that steal? You'll find many of us in the country willing to hold you accountable by boycotting your members.
Perhaps if they used AMERICAN sources - made by American labor and supporting a livable wage they wouldn’t have this issue?
Naaah. Chinese slave labor for the win!
Is this a different David French or the same old one?
What’s funny is that businesses that only buy from countries other than China will not be affected in any way.
Besides, don’t businesses tell us that all taxes are paid by customers, anyway? If so, what’s their problem?
These are the same businesses that say towns and cities should give them all sorts of benefits at the taxpayer’s expense.
Standard Chamber of Commerce crud.
Different
Don’t know...but this looks like the genesis of TDS!
IOW they are perfectly satisfied with a war of words just do not put any real effort behind it.
What does one expect from Never-Trumper David French. We support the President my foot.
There aren’t any ‘other tactics’ beyond tariffs that work. That’s the whole point. And they are working. LOTS of business is moving OUT of China and even if it’s not coming here yet, it’s all part of a larger process that’s never been solved by the means they suggest.
Retailers don’t want cheap Chinese crap to become slightly less cheap. I’m SHOCKED, SHOCKED I tell you!
Didn't these same people support the addition of sales taxes on all internet sales? I hardly call that being an advocate for the people. There are a lot more Americans buying products online than people selling those products online. The only winner there is the gov't tax collector.
Poor little retailers are making bank with the current arrangement, so screw the consumers.
I was wondering if it was the same David French that Bill Kristol wanted to run as an independent against Trump in 2016.
While I’m do not completely understand how a country can “devalue it’s money”, I was reading an article earlier today that was about how the EU and China are both devaluing their money to offset the tariffs and keep up with the US. And that prices of goods have gone down, in addition to the dollar getting stronger against the Yuan and Euro.
So, is this guy bitching that the prices of what they’re selling have gone down?
On a side note, if anyone can give me the laymen’s explanation on devaluing money, I’d appreciate it. If a country can arbitrarily, devalue, its money, then obviously they can arbitrarily “upvalue” it, saying it’s worth more than it really is. Can a government just arbitrarily set that rate or is there some type of currency market benchmark that they’re all compared to?
Not the same
Isn’t that the exact reason that he spent so much time in S Korea, Vietnam and India? Wanting to get the manufacturing moved to those countries so they could compete, while getting everything out of China so they can starve, in more ways than one.
If/when the manufacturing moves, as it is already, China is going to start to struggle. Its economy is already contracting. Without that cashflow, all their debt traps in Africa, South America, and the Middle East are going to blow up in their faces. Only thing to do after that is war.
“Only thing to do after that is war.”
Or stop playing economic games and join the free world.
Great response!!
That would be best for all parties concerned. But I don’t see it, unless the people revolt. Have a friend that was an MSG at the US Embassy in Beijing. Was able to do quite a bit of traveling while there. Said once you get out of the cities, and not far from them, the place is impoverished and the people are basically eating dirt. So, I’m not sure how they’d actually do in a war.
Again, it would be nice if they played fair, but I think the arrogance of its leadership will prevent them from doing that.
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