Removing Trump-Era Tariffs Increases Reliance on China: Republican Lawmakers

5Mind. The Meme Platform
The Epoch Times Header

President Joe Biden has mulled removing tariffs on Chinese goods to curb goods prices amid soaring inflation, which Republican lawmakers have pointed out would worsen U.S. dependence on China.

“There’s a lesson that we should have learned during the time of COVID, that we cannot be dependent on the communist Chinese government on our supply chain,” Sen. James Lankford (R-Okla.) told NTD, an affiliate of Epoch TV.

“So [Biden]’s trying to solve a real problem that he’s created by creating an even bigger problem for the United States in the long term, running back to China to be able to resolve this problem now,” Lankford said.

“That makes us even more dependent on China in the long term,” he added

Sen. Rob Portman (R-Ohio) also weighed in, citing the 2018 Section 301 Report into China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation, which he said “has determined that China was not playing by the rules, [and is] involved in subsidizing with dumping and other unfair trade practices.”

As a result, he said, Trump’s “Phase 1” trade agreement with Beijing has not been fully implemented.

Portman further warned that lifting such tariffs would amount to “sending a message to China and to other countries around the world that when countries were found to be unfairly trading, there’s not going to be a consequence.”

“When they make a commitment to do something… and don’t complete it, we should not reward that,” Portman said.

He also said that such actions have a very minimal impact on inflation.

Solutions

Given the potential consequences that the move would bring about, Lankford proposed tackling the issue at home rather than reaching out to China.

“We need to have a policy that does work toward making things in America that deals with the regulations … that deals with the production issues that [Biden] doesn’t want to deal with,” he said.

“He should make it easier to produce in America, not easier to be able to actually go get it from China.”

By Hannah Ng and Steve Lance

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

The CFP punts on expansion

Friday marked the official deadline for CFP management committee to inform ESPN of any format shake‑ups for next season. No shake‑up materialized.

Laws Are Laws, Not Suggestions

Federal law is the law of the land, occupying the highest position in the American legal hierarchy and overrides state and local laws when conflicts arise.

Coming Major Storm Could End Democrats!  

The now proven global warming / climate change hoax could actually cost American lives due to its impact on our power grids.

Iowa Senator Grassley Opposes SAVE Act!?  

The SAVE Act would amend the National Voter Registration Act of 1993 to require proof of U.S. citizenship in order to register to vote in federal elections.

Why Did ‘They’ Allow Information Liberation Via the Internet?

In a PR rebrand, Klaus Schwab has ditched his comic book supervillain vibe in favor of the kindly grandfather preoccupied with the fate of his posterity.

Federal Agent Fatally Shot Armed Person in Minneapolis: DHS

One person was shot by federal officers in Minneapolis. Federal authorities maintain that the ICE agent acted in self-defense.

Dr. Oz Flags Potential Fraud at Former Minnesota Factory Housing 400 Medicaid Businesses

The businesses collectively billed an estimated $380 million to...

FBI Data Reveal Historic Uptick in Arrests Amid ‘Full-Scale Reset’ of Agency

The first year of President Donald Trump’s second term saw historic reductions in violent crimes, while federal arrests soared by 100 percent, according to the FBI.

TikTok US Deal Finalized: What to Know

After President Trump issued an EO to acquire TikTok from ByteDance, a deal finalized a joint venture with U.S. firms leading data and security roles.

Trump Says Canada Will Face 100 Percent Tariffs if It ‘Makes a Deal With China’

President Trump says Canadian goods exported to the United States would be hit with 100 percent tariffs if Canada makes a deal with China.

Trump Rejects Proposal to Let Homebuyers Use 401(k) Funds for Down Payments

President Trump said that he rejected a proposal to allow Americans to withdraw money from their 401(k) accounts for home down payments.

Trump Withdraws Invitation for Canada’s Carney to Join Board of Peace

President Trump has withdrawn his invitation for Canadian PM Mark Carney to join the U.S.-led Board of Peace that will initially focus on rebuilding Gaza.

US Will Work With NATO on Greenland Deal: Trump

The USwill work with NATO to secure Greenland, with America having the freedom to “do anything we want,” President Trump told reporters.
spot_img

Related Articles