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More Tariffs on the Way for China

By TwoScoopsOfSpaceForce following x   2018 Mar 13, 12:24pm 572 views   5 comments   watch   sfw   quote     share    


President Donald Trump is getting ready to crack down on China.

Trump told Cabinet secretaries and top advisers during a meeting at the White House last week that he wanted to soon hit China with steep tariffs and investment restrictions in response to allegations of intellectual property theft, according to three people familiar with the internal discussions.

During the meeting, which hasn’t been previously been reported, U.S. Trade Representative Robert Lighthizer presented Trump with a package of tariffs that would target the equivalent of $30 billion a year in Chinese imports. In response, Trump urged Lighthizer to aim for an even bigger number – and he instructed administration officials to be ready for a formal announcement in the coming weeks, according to two people involved in the administration’s trade deliberations.

That sent senior officials at the White House, Treasury Department, State Department, Justice Department, the Office of the U.S. Trade Representative and other key agencies scrambling this week to finalize the proposal. While the details were still in flux, aides said the administration is considering tariffs on more than 100 Chinese products ranging from electronics and telecommunications equipment to furniture and toys.

Those tariffs are expected to be rolled out as soon as next week, the officials said, adding that the timing could slip. The pending announcement comes after Trump unveiled steep duties on steel and aluminum imports, infuriating Republicans in Congress and many of his own aides.

https://www.politico.com/story/2018/03/13/trump-demands-aides-strengthen-china-tariffs-460416

Or, we could continue doing nothing as Neoliberals recommend, as China dumps it's products, exploits NAFTA by exporting parts with final assembly in Mexico, and of course blatantly steals our IP and clones our processes and products (what else would happen if you do all your manufacturing in China? They'd ignore it out of a sense of Good Gentlemanly Behavior? LOL!)
1   RC2006   ignore (0)   2018 Mar 13, 2:23pm   ↑ like (3)   ↓ dislike (0)   quote   flag        

Was listening to local far left communist radio on the way to work. They had an old school democrat talking about Trumps tarrifs being great and arguing with brain dead liberals. He said Trump should go after everything and bring things back to the way they were before Reagan and Clinton sold us out. It was refreshing hearing a democrat that didn't like Trump use common sense and give credit were it was due. Also said democrates will continue to loose until they return back to the side of the American worker.
2   TwoScoopsOfSpaceForce   ignore (4)   2018 Mar 13, 2:25pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

Democrats, before they were the party of Nike Execs and Admins, were concerned with Tariffs and Trade and American (not Mexican, not Chinese) Workers
3   Goran_K   ignore (1)   2018 Mar 13, 2:28pm   ↑ like (3)   ↓ dislike (1)   quote   flag        

Leftist: "Don't buy Nike's, they're made by Chinese children in slave factories."

Also Leftist: "These tariffs will start a trade war and a pair of Nike's will go up by 50%!"
4   Booger   ignore (1)   2018 Mar 13, 2:46pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Those Chinese shoes that you have been buying will now be made in Vietnam.
5   RC2006   ignore (0)   2018 Mar 13, 6:39pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

If a shoe cost $1 in the US, .50 in Mexico, and .20 in China then we should charge .50 tariff for Mexico and .80 for China. Anything else is just slowly moving wealth from one country to another.




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