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Keyword: tariffs

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  • Exclusive–J.D. Vance: Ruling Class Hellbent on Keeping U.S. in ‘Managed Decline’ by Weakening China Tariffs

    05/12/2022 7:47:26 PM PDT · by conservative98 · 10 replies
    Breitbart ^ | 12 May 2022 | JOHN BINDER
    Ohio Republican Senate candidate J.D. Vance, running against Rep. Tim Ryan (D-OH), says the nation’s ruling class is interested in preserving its “managed decline” of the United States by weakening former President Trump’s tariffs on China. During an exclusive interview with SiriusXM Patriot’s Breitbart News Daily, Vance detailed how Washington, DC, lawmakers, bureaucrats, and corporate special interests have kept the U.S. in a “managed decline” for decades while profiting for themselves. “I use this phrase a lot on the campaign trail, managed decline,” Vance said. “It feels sometimes like our leaders are just slowly allowing the country to slip into...
  • Biden says White House could drop Trump China tariffs to lower consumer prices

    05/10/2022 12:42:12 PM PDT · by Red Badger · 44 replies
    CNBC ^ | MAY 10 2022 2:33 PM | Thomas Franck
    President Joe Biden said that cooling prices are his top domestic priority, even as Wall Street braces for another inflation report north of 8%. The president also said that the White House is in the middle of a review of tariffs imposed against China during former President Donald Trump’s tenure and could opt to drop them. Wall Street is eager to read the Labor Department’s upcoming report on April inflation , which the government will publish Wednesday morning at 8:30 a.m. ET. President Joe Biden said he could drop some of the tariffs imposed against Chinese imports to help control...
  • Putting Some WD-40 on the Supply Chain

    05/05/2022 5:06:45 AM PDT · by Kaslin · 8 replies ^ | May 5, 2022 | Veronique de Rugy
    Politicians, the Federal Reserve, and Fed and administration apologists like to claim that the inflation we face is caused by supply constraints. This claim goes against the facts on the ground. According to the World Trade Organization, even though there was a collapse in trade at the beginning of the pandemic, trade in intermediate goods -- critical inputs in finalized products -- quickly recovered despite port and shipping bottlenecks. Sure, it increased at a slower rate than before, but trade was still rising. In addition, data from the main U.S. ports show that after declining at the beginning of the...
  • Food Price Inflation Continues to Worsen. Here’s What Should Be Done About It.

    04/27/2022 9:01:06 AM PDT · by Tolerance Sucks Rocks · 27 replies
    The Daily Signal ^ | April 25, 2022 | Daren Bakst
    Food prices are continuing to rise at an alarming rate. The 8.8% year-over-year increase (March 2022 compared with March 2021) is the largest in more than 40 years. Over the past seven months, each month’s year-over-year food price increase has been above 4% and each successive month has been higher than the previous month (starting at 4.6% in September and reaching 8.8% in March). This upswing in food prices is being reflected across multiple food categories, from fresh fruit (10.1%) to fish and seafood (10.9%). Skyrocketing food prices are regressive and particularly damaging to low-income Americans, as they spend a...
  • Trump Endorses Populist J.D. Vance in Ohio Republican Senate Primary Race

    04/15/2022 2:32:47 PM PDT · by conservative98 · 60 replies
    Breitbart ^ | 15 Apr 2022 | JOHN BINDER
    Former President Donald Trump has endorsed best-selling author J.D. Vance, a vocal national populist, in the Ohio Republican Senate primary race. [cut] This is not an easy endorsement for me to make because I like and respect some of the other candidates in the race — they’ve said great things about “Trump” and, like me, they love Ohio and love our Country. I’ve studied this race closely and I think J.D. is the most likely to take out the weak, but dangerous, Democrat opponent — dangerous because they will have so much money to spend. [Emphasis added] However, J.D. will...
  • Joe Biden Eliminates U.S. Tariffs on More than 350 China-Made Products

    03/29/2022 8:01:54 AM PDT · by MarvinStinson · 30 replies
    breitbart ^ | 27 Mar 2022 | JOHN BINDER
    President Biden’s administration has eliminated United States tariffs on more than 350 products made in China, nearly all of which could be made in the U.S. The Section 301 tariffs on billions of dollars worth of China-made products were imposed by President Trump after a decades-long free trade consensus in Washington, D.C., that has eliminated 3.7 million American jobs from the U.S. economy from 2001 to 2018. Late last week, Biden’s U.S. Trade Representative (USTR) Katherine Tai announced that after an extensive review process on nearly 550 China-made products subject to U.S. tariffs, the administration would eliminate tariffs on 352...
  • Joe Biden Eliminates U.S. Tariffs on More than 350 China-Made Products

    03/27/2022 1:11:11 PM PDT · by ChicagoConservative27 · 59 replies
    Breitbart ^ | 03/27/2022 | John Binder
    President Joe Biden’s administration has eliminated United States tariffs on more than 350 products made in China, nearly all of which could be made in the U.S. or other countries. The Section 301 tariffs on billions of dollars worth of China-made products were first imposed by former President Trump after a decades-long free trade consensus in Washington, D.C., that has eliminated 3.7 million American jobs from the U.S. economy from 2001 to 2018.
  • US rolls back Trump-era tariffs on UK steel

    03/22/2022 11:09:21 PM PDT · by Berlin_Freeper · 27 replies ^ | March 23, 2022 | BBC
    The US has agreed to ease Trump-era tariffs on UK steel and aluminium shipments, resolving an issue that had strained relations between the allies. The move follows earlier deals with the European Union and Japan over the controversial taxes, which were imposed by former President Donald Trump in 2018 in the name of national security. In exchange, the UK will suspend extra taxes it had put on US products such as bourbon and Levi's jeans.
  • Tariffs: Are They Too Populist or Is There a Conservative Case for Them?

    02/28/2022 5:57:13 AM PST · by Kaslin · 30 replies ^ | February 28, 2022 | Rachel Alexander
    President Donald Trump took a lot of heat from the mainstream, business and free-market Republicans for implementing tariffs against China and other countries. The common criticism was that it was a populist, anti-free market move. They pointed to it as evidence that he is a populist, not a conservative (I recently addressed the differences between populists and conservatives, showing the accusation to be a red herring). The MSM jumped on it even more, declaring — as if they are the authority — that Trump was going against Republicans. Was he? Look at history. The Founding Fathers imposed tariffs. The first...
  • House Republicans, Democrats Lobby Joe Biden to Cut U.S. Tariffs on China

    01/22/2022 6:17:11 PM PST · by AnthonySoprano · 65 replies
    Breitbart News ^ | 01 22 2022 | John Binder
    A total of 140 House Republicans and Democrats are lobbying President Joe Biden to cut United States tariffs on billions of dollars worth of China-made imports. Last month, Breitbart News exclusively reported how Reps. Darin LaHood (R-IL), Jackie Walorski (R-IN), Ron Kind (D-WI), and Rep. Suzan DelBene (D-WA) were courting lawmakers to sign their letter to U.S. Trade Representative (USTR) Katherine Tai — urging her to allow more “made in China” imports to avoid U.S. tariffs. The Section 301 tariffs on billions of dollars worth of China-made products were first imposed by former President Trump after a decades-long free trade...
  • RYUN: Senate Candidate Jim Lamon Talks Tough on China… While Doing Business With Them.

    11/10/2021 7:21:29 AM PST · by · 6 replies
    National Pulse ^ | November 10, 2021 | Ned Ryun
    As a candidate for the U.S. Senate seat in Arizona, businessman Jim Lamon has claimed that he will put America First and stand up to Communist China. But when it comes to his business practices, he clearly has no intention of putting his money where his mouth is. Fund Real News Lamon has said that he will “defeat the Communist Party,” and that as a Senator, he will see to it “that goods coming into the U.S. are not made with cheap slave labor, unfettered environmental pollution, and unsafe working conditions.” He has even claimed that his own company, Depcom...
  • Solar panels not as green as you think as battle looms on ‘massive’ panel tariffs

    10/03/2021 12:12:29 AM PDT · by blueplum · 15 replies
    Fox Business ^ | 02 October 2021 | Brooke Crothers FOXBusiness
    Solar panels aren’t as environmentally friendly as you may think. And now an industry group is saying looming tariffs will cripple the industry... ...a group is claiming China-made panels are coming via countries like Malaysia, Vietnam and Thailand in order to skirt tariffs. In August, the American Solar Manufacturers Against Chinese Circumvention (A-SMACC) asked the Commerce Department to investigate "unfairly traded" imports from Malaysia, Thailand and Vietnam of solar cells and modules that are "unlawfully circumventing antidumping and countervailing duties on China."... ...This has triggered a response from the SEIA, claiming that tariffs would cripple the industry....
  • US business pushes Biden for a China trade deal

    08/07/2021 9:42:49 AM PDT · by elpadre · 24 replies ^ | August 7, 2021 | David P. Goldman
    NEW YORK – Never before in US political history has the whole of the American business community—more than thirty major business organizations—spoke with one voice as it did in an August 5 appeal to the Biden administration to eliminate tariffs on imports from China. No entities in American politics are timider than business lobbies, most of whose work involves quiet lobbying for administrative relief and legislative tweaks. Such a high-profile intervention suggests that the business organizations believe that a deal is already underway. A deal is likely because inflation could poison the Democratic Party’s chances at 2022 mid-term elections and...
  • U.S. business groups call on President Biden to restart trade talks with China - WSJ (Stop selling out to China !!!)

    08/06/2021 12:49:35 AM PDT · by cba123 · 10 replies
    Reuters ^ | Fri, August 6, 2021, 8:49 AM | Reuters
    (Reuters) - Nearly three dozen of the United States' most influential business groups have asked President Joe Biden's administration to restart trade talks with China and cut tariffs on imports, the Wall Street Journal reported on Thursday. (Please see link for full article)
  • U.S. keeps tariff threat alive for discriminatory taxes, watching inflation – Yellen

    06/16/2021 8:45:01 AM PDT · by Drastic · 2 replies
    One America News ^ | 6-16-2021 | Andrea Shalal
    The United States is pursuing every avenue to ensure that countries suspend or roll back discriminatory digital services taxes, but will keep tariffs as an option if that does not happen, U.S. Treasury Secretary Janet Yellen said on Wednesday. Yellen told the Senate Finance Committee she had engaged in “very constructive” bilateral conversations with the Irish finance minister on the issue, and believed the entire European Union would ultimately support an increase in global minimum taxes, as proposed by the United States. She said she was hoping for progress on the tax issue, which is being negotiated under the leadership...
  • Joe Biden Plans to Surrender Protections for American Steel and Aluminum

    06/10/2021 12:26:11 PM PDT · by BeauBo · 46 replies
    Breitbart ^ | 9 Jun 2021 | JOHN CARNEY
    When President Joe Biden meets with European leaders next week, he will commit to dropping tariffs protecting U.S. steel and aluminum and resolving other trade disputes this summer. ...Bloomberg’s indicated the surrender of metals tariffs was practically a done deal. Bloomberg, CNBC, and Reuters said they had reviewed a draft statement that would be issued at the conclusion of an EU-U.S. summit in Brussels set to begin on June 15.
  • US raises concerns over Europe’s planned carbon ‘border tax’

    05/11/2021 10:52:29 PM PDT · by Olog-hai · 6 replies
    EurActiv ^ | May 11, 2021 | Kira Taylor
    Implementing a border levy to price carbon-intensive imports and protect European industries will be “extremely complicated,” warned Jonathan Pershing, a member of the US climate envoy’s team. “I do note that it’s extremely complicated to think about the structure of a border tax,” Pershing told participants at a EURACTIV debate last Friday (7 May). “I don’t disagree in principle that it has value, but I think that it’s got enormous complexity,” he warned. The carbon border adjustment mechanism, due to be revealed in July, aims to put a price on imports from countries where it is cheaper to pollute, as...
  • What the “Infrastructure” Fight Is Really About

    05/07/2021 10:54:32 AM PDT · by Tolerance Sucks Rocks · 26 replies
    Politico Magazine ^ | May 1, 2021 | Joshua Zeitz
    President Joe Biden’s proposed infrastructure legislation has the political class seemingly locked in a debate about what “infrastructure” means. Biden and Democratic leaders—backed by a majority of the U.S. population—believe that “infrastructure” is more than just roads and bridges and encompasses all the structures that help modern society function. Their new bill reflects that understanding, including improvements to water pipes and the electrical grid, universal broadband access, charging stations for electric vehicles, physical upgrades to schools and universities, and—perhaps most innovatively—home care for the elderly and disabled, support for families with children, and expanded access to health care. Republican elected...
  • Tariffs Not on Top Agenda During US-China Meeting: National Security Adviser Jake Sullivan

    03/13/2021 7:46:26 PM PST · by SeekAndFind · 12 replies
    Epoch Times ^ | 03/13/2021 | Eva Fu
    Trade will not play a central role when the Washington delegation meets with their China counterparts in Alaska next week, National Security Adviser Jake Sullivan told reporters on March 12. Sullivan and Secretary of State Antony Blinken will join talks with China’s foreign minister Wang Yi and senior foreign policy diplomat Yang Jiechi on March 18, marking the two countries’ first top-level meeting in person since President Joe Biden took office. Asked about trade sanctions on China, he said that he doesn’t expect “the phase one trade deal is going to be a major topic of conversation next week.” “This...
  • Break America’s “Free-Market” Chains

    03/11/2021 11:17:01 AM PST · by PoliticallyShort · 6 replies
    The American Mind ^ | 03/11/21 | Adam Korzeniewski
    Neoliberal economists prefer abstractions to proper nouns so they don’t have to assign actions or consequences to actual people. But the people involved in productive labor are not some “input” into the market, easily shuffled about like interchangeable pawns on a chess board. They are American citizens, whose competencies and concerns should matter intensely to their elected representatives. Yet here we are, as the European Union looks into manufacturing semiconductors, having discussions about the theory of comparative advantage with people who imagine the post-war consensus is still meaningful. A nation gains comparative advantage through dedicated work and application of labor...