Posted on 07/27/2018 5:53:27 AM PDT by Pinkbell
As trade tensions escalate between Washington and Beijing, the U.S. Senate quietly passed legislation on Thursday that would lower trade barriers on hundreds of items made in China.
With no debate, Senate unanimously passed a bill that would cut or eliminate tariffs on toasters, chemicals and roughly 1,660 other items made outside United States.
Nearly half of those items are produced in China, according to a Reuters analysis of government records.
The United States and China, the world's two largest economies, are increasingly at loggerheads over trade.
U.S. President Donald Trump has announced a series of punitive tariffs on Chinese imports in a bid to halt a Chinese surge in high-technology industries that threatens to displace U.S. dominance. China has retaliated with its own duties on imports from the United States.
The White House has not publicly taken a position on the so-called miscellaneous tariff bill, which has now passed both the Senate and the House of Representatives unanimously. The two chambers need to resolve minor differences before they can send the legislation to Trump to sign into law.
Supporters of the bill have said it would boost the economy by getting rid of tariffs set up to protect industries that no longer exist in the United States. The National Association of Manufacturers has said U.S. businesses pay $1 million a day on such import duties.
"It makes no sense because it is a direct and punishing tax on making things in America and for creating jobs in America," the trade group's president, Jay Timmons, said in a prepared statement celebrating the bill's passage.
Among the beneficiaries are companies that have moved production offshore. Hamilton Beach Brands Holding Co, for example, would pay reduced tariffs on Chinese-made toaster ovens, steam irons and other household appliances it used to make domestically.
(Excerpt) Read more at cnbc.com ...
Funny that a lot of conservatives are fooled and agree with the corrupt Congress favoring china over the USA.
China with the help of corrupt U.S. politicicians has been sending the USA back to the Stone Age as this
Congressional vote and this link shows that Just one city in China makes 90% of the world’s electronics
https://www.weforum.org/agenda/2017/11/inside-shenzhen-china-s-gadget-capital/
“Shenzhen is known as “the world’s factory” because so much of our stuff is made there. In fact, Inc. reported that 90% of the world’s electronics come from Shenzhen, including toys, televisions, air conditioning units, mobile phones and drones.”
Trump is the only one that has any clue how to reverse this and make things in the USA again. But the Fed is raising rates and the media is lying blaming the coming Fed induced recession on Trump’s trade “talk”.
Congress cannot “cede” its Constitutionally enumerated powers. It can delegate them to an extent, but what it delegates it can take back.
Yep. You are more than welcome to offshore your production to a slave labor country like China. However if you want to import said toaster, we will make you pay more than it would have cost to make it in the US.
china has been waging war for decades against the USA in that manner.
It's an act of war to systematically dump to destroy industries especially those needed for national defense as in electronics,steel just at is is for a country to dump millions of immigrants into another country as that is an invasion (also ongoing and aided by democrats and the unitparty) : hence we have America in decline.
And add to that growth of government and regulations etc. We are headed for the abyss.
Congress gave the president the power through legislation to raise or lower tariffs based on national security and Congress can take that power away, also through legislation. You may disagree with the legislation, but Congress is exercising its constitutional authority, the same as the president is exercising his constitutional authority granted to him by the Congress.
And the battle continues. This where the President can crush these clowns. Just start letting the people know that they’re own elected representatives are choosing a foreign country over the USA. I’m sure it’ll go over well.
This is a DIRECT challenge to the President’s authority. No surprise that most Republicans went along with choosing China over America. Traitors, all.
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And IT GIVES A HUGE FINGER TO AMERICANS and rewards companies moving production to China. This SHOULD BE VETOED!
Challenging what authority? The power to levy taxes—including tariffs—belongs to Congress, not the President.
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Yes, and the POWER OF THE VETO resides with the President.
“Another example why I am willing to contribute to President Trump’s campaign, but NOT to the GOP. The “Never Trumpers” have gone underground, but still control the GOP.”
Amen to that. I get 2 to 3 pieces of solicitous mail from Ryan and McConnell every week.....I have resorted to inserting them directly into the shredder unopened.
He is free to exercise it. And Congress is free to exercise its power to override his veto, should they have the votes. Again, not seeing any challenge of authority here.
Who said anything about any of that? I was responding to the claim that Congress was challenging the President’s authority, when in fact the Constitution gives the ultimate authority on this issue to Congress.
He is free to exercise it. And Congress is free to exercise its power to override his veto, should they have the votes. Again, not seeing any challenge of authority here.
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Yep, and the citizenry have the power of the vote to potentially NOT re-elect those Congress-critters who help China protect/consolidate its gains. It’s great to live in a constitutional republic with a patriotic President.
What bothers me more than any tarriff or non tariff... is the senate and house did this, seemingly against our President! Their President! undermining what he is trying to do in free trade. They do not understand the art of dealing and they won’t let him do it because they are ignorant of what he can do and how he does it! They won’t get behind him... they’d rather see him fail so they could say “we told you so”.. and that’s stupidity in full display and action!
They are in this for themselves.. to hell with the country and the people who voted for this change!
I heard it said from one of their own, the reason they can’t stand Trump is he came in and is doing things different.. not doing things the way they always have done it! Well, looks like their way is failure and Trump’s way is winning! They don’t care if his ways are successful or not.. they want it done THEIR stagnant way.. a proven failure... and that reasoning is a power play!
Thanks, and I agree with your points also.
Idiots. They should be increasing those tariffs not decreasing them.
"Because the Senate amended the legislation, it will need to bounce back to and be passed again by the House — which left town on Thursday until September — before it can head to President Trump's desk. "
Idiots. They should be increasing those tariffs not decreasing them.
"Because the Senate amended the legislation, it will need to bounce back to and be passed again by the House — which left town on Thursday until September — before it can head to President Trump's desk. "
Steve hilton on foxnews today hammered republican swampdweller affinity for red chinese lobbyists, their money, and the chinese revolving door. Maybe this is part of what q is referring to(?)
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