Posted on 02/17/2022 6:52:47 PM PST by E. Pluribus Unum
Rep. Mo Brooks (R-AL) is out with a plan to impose steep United States tariffs on China to force the Chinese Communist Party (CCP) to pay damages to the U.S. for unleashing the coronavirus pandemic on the world.
Brooks’ plan, called the COVID-19 Restitution Act, would establish immediate 10 percent tariffs on all China-made products imported to the U.S. market. Those tariffs would automatically increase by 10 percent every year until the president can certify that trillions have been collected to pay for all pandemic-related damages to the U.S.
“I am persuaded by the evidence that the Chinese Communist Party created COVID-19 in their Wuhan bioweapons lab,” Brooks said in a statement. “Making matters worse, China’s subsequent lies about the contagiousness and lethality of COVID-19 increased the tragic loss of life and economic damage to America and Americans.”
The funds collected through the tariffs on China would go to pay for Americans’ loss of earnings, medical expenses, loss of death, and financial losses of U.S. businesses, among other things. The tariff-collected funds would also fully reimburse financial losses suffered by states and localities.
Other countries, the plan details, would be encouraged by the U.S. Secretary of State to adopt similar policies forcing China to reimburse them for their pandemic-related damages.
(Excerpt) Read more at breitbart.com ...
Mitch McConnell won’t like this one bit.
Didn’t the US NIH fund the gain of function research at Wuhan?
Why not dock its budget for the cost of dealing with the Chinese bioweapon?
We need REPARATIONS!
From an email for what it’s worth. I know it is long.-—
Four reasons why China is fast becoming the dominant power in the world....
1. They have a very low tolerance for crime. The death sentence is swiftly and routinely used for terrorists, murderers and drug traffickers.
2. Very low tolerance for Religion. They do not believe there is a Magic man in the sky. No such thing as a God. Almost no religious killings ???, and getting rid of the Indigenous Chinese Muslim population as fast as they can.
3. They have not been involved in any expen-sive wars or invaded any country for the last seventy years.
4. Their primary weapon of choice to conquer the world is Finance, and countries around the world are falling fast.
Not just the USA but all world is in trouble
In the near future, China will employ millions of American workers and dominate thousands of small communities all over the United States. Chinese acquisition of US businesses set a new all-time record last year, and it is on pace to shatter that record this year.
The Smithfield Foods acquisition is a great example. Smithfield Foods is the largest pork producer and processor in the world. It has facilities in 26 US states, and it employs tens of thousands of Americans. It directly owns 460 farms and has contracts with about 2,100 others. But now a Chinese company has bought it for $ 4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural communities all over America.
Thanks in part to our massively bloated trade deficit with China, the Chinese have trillions of dollars to spend. They are only just starting to exercise their economic muscle.
It is important to keep in mind that there is often not much of a difference between “the Chinese government” and “the Chinese corporations”. In 2011, 43 percent of all profits in China were produced by companies where the Chinese government had a controlling interest.
Last year a Chinese company spent $2.6B to purchase AMC entertainment, one of the largest movie theater chains in the United States. Chinese companies control more movie ticket sales than anyone else in the world.
But China is not just relying on acquisitions to expand its economic power.
“Economic beachheads” are being established all over America. For example, Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on a $100M plant in Thomasville, Alabama. Many of the residents of Thomas-ville, Alabama will be glad to have jobs, but it will also become yet another community that will now be heavily dependent on Communist China.
And guess where else Chinese companies are putting down roots? DETROIT.
Chinese-owned companies are investing in American businesses and new vehicle techno-logy, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers.
If you recently purchased an “American-made” vehicle, there is a really good chance that it has a number of Chinese parts in it. Industry analysts are hard-pressed to put a number on the Chinese suppliers in the United States.
China is very interested in acquiring energy resources in the United States.
For example, China is actually mining for coal in the mountains of Tennessee. Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee.
At the time, that acquisition really didn’t make much news, but now a group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal.
And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries. Right now China is actually building a city larger than Manhattan just outside Minsk, the capital of Belarus.
Are you starting to get the picture yet? China is on the rise and has been for a long time while America plays political games.
If you doubt this, just read the following:
When you total up all imports and exports, China is now the number one trading nation on the entire planet.
# Overall, the US has run a trade deficit with China over the past decade that comes to more than 23 trillion dollars.
# China has more foreign currency reserves than anyone else on the planet.
# China now has the largest new car market in the entire world.
# China now produces more than twice as many automobiles as does the United States.
# After being bailed out by US taxpayers, GM is involved in 11 joint ventures with Chinese companies.
# China is the number one gold producer in the world.
# The uniforms for the US Olympic team were made in China.
# 85% of all artificial Christmas trees the world over are made in China.
# The new World Trade Center tower in New York includes glass imported from China.
# China now consumes more energy than does the United States.
# China is now in aggregate the leading manufacturer of goods in the entire world.
# China uses more cement than the rest of the world combined.
# China is now the number one producer of wind and solar power on the entire globe.
# China produces 3 times as much coal and 11 times as much steel as the United States does.
# China produces more than 90 percent of the global supply of rare earth elements.
# China is now the number one supplier of components that are critical to the operation of any national defense system.
# In published scientific research articles, China will become number one in the world very shortly. And what we have seen so far may just be the tip of the iceberg. And for now, I will just leave you with one piece of advice - Learn to speak Chinese.
I wonder if it is past time for us to wake up?
Sure he will, he knows there’s no chance of this will get through, and it gives them sound bites for the next election. Remember, “root and branch. “
He did a good job with “Blazing Saddles”
A tale told by an idiot, full of sound and fury, signifying nothing
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It expresses what a lot of us feel. And often times people are afraid to express their true feelings until someone goes first.
As derisive as your comment is, I can’t wait to hear what your plan is. Please fill us in. And exactly how are you going to execute it? Please, step by step, give us all the details exactly how it’s going to come to fruition...
... because hopefully you haven’t written a comment full of Sound and Fury, but signifying nothing.
Look! A troll!
So we collect funds from Americans and use them to pay back Americans for the expenses of Covid.
Or is he stupid enough to think China pays the tariffs?
China should ask German companies like Bayer and Bosch what happened to their US factories in two world wars. They were seized by the government and resold for pennies on the dollar.
“… So we collect funds from Americans and use them to pay back Americans for the expenses of Covid.…”
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Only from Americans doing business with the ChiComs. Over time this will decrease transfer of wealth from America to China. You have a problem with that? Perhaps you deal with China or trade in Chinese goods?
All this time, I was thinking the Democrats were the enemy!
Is Brooks not aware what a tariff is? It's paid by the consumer of the product, not the seller. U.S. consumers would pay for coronavirus damages and not China.
Which are you, me, and just about every other consumer in the country.
Over time this will decrease transfer of wealth from America to China.
How?
Mitch wanted the corrupt swamp rat Luther Strange to remain in the Senate. As AG, he bought his appointment with a get-out-of-jail-free card for the corrupt governor Bentley who was eventually forced out of office on ethics complaints.
And with Brooks effectively neutralized, that put Strange in contention for the 2017 special election. He was beaten by the flawed Roy Moore in the runoff, and Moore lost to Doug Jones, at least according to the "official" results.
We need across the board PROTECTVE tariffs now!!!
But many are too stupid to understand that.
Evry founding father was a trade protectionist. IMO opinion if you are anti tariff you are a traitor!!
No, but it’s not the government’s business if I do provided it’s legal.
Plus, if the goal is to compensate people for Covid this is a stupid way to do it. I bet 95% of us buy Chinese made goods regularly.
It would be collecting money from one pocket and redistributing it to another.
Sounds like a good idea to demagogue politicians, though.
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