Senate Adopts Amendment That Slashes Tariffs on Hundreds of Chinese Imports to US

5Mind. The Meme Platform
The Epoch Times

An exasperated Sen. Marco Rubio (R-Fla.) tweeted his frustration late Thursday after the Senate on a 91-4 vote adopted a measure that cuts U.S. tariffs on hundreds of products imported from China.

“The ‘China bill’ now reduces tariffs on hundreds of products made in #China. Why would we cut tariffs on China in a bill to improve American’s ability to compete with China? And only @HawleyMO, @TomCottonAR @BernieSanders, and I voted against it. #Strangebedfellows,” Rubio said in his tweet.

Just a few minutes before that tweet, Rubio tweeted a segment of his floor speech from earlier in the day in which he passionately told Senate colleagues the national security safeguards in the bill to protect U.S. technology research are inadequate.

“What I want you to understand is this is not a minor security threat, this is the number one priority of Chinese intelligence, this is what all of their agencies and all of their government are geared towards doing,” Rubio said, referring to Chinese digital and human intelligence theft of American secrets.

Rubio’s ire was stirred by the amendment that ran to more than 280 pages, making major changes to Senate Majority Leader Chuck Schumer’s U.S. Innovation and Competition Act, formerly known as the Endless Frontier Act.

The amendment was introduced by Sen. Mike Crapo (R-Idaho) and co-sponsored by Republican senators Charles Grassley of Iowa, Pat Toomey of Pennsylvania, John Barrasso of Wyoming, Richard Burr of North Carolina, Steve Daines of Montana, John Cornyn of Texas, James Lankford of Oklahoma and Todd Young of Indiana.

An internal analysis of the amendment described it as having four major flaws, including:

  • First, it would break with precedent by establishing the first Inspector General for an office in the Executive Office of the President.
  • Second, it removes tariffs on Personal Protective Equipment (PPE), undercutting American producers who have made significant investments in capacity because of the pandemic.
  • Third, the new enforcement tools given the United States Trade Representative (USTR) on digital trade do not meaningfully advance U.S. industry, and are supported by Google and other Big Tech companies as a means to evade foreign regulations and taxes.
  • Finally, the amendment reauthorizes the Miscellaneous Tariff Bill (MTB), which unilaterally reduces tariffs on thousands of products made in China.

BY MARK TAPSCOTT

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

Direct Election of U.S. Senators: Reform or Mistake?

The direct election of U.S. Senators diminished federalism, stripped states of checking federal power and greatly expanded federal power.

Don’t Miss the Jazz Renaissance Happening All Around You

A genuine renaissance is underway in jazz, carried by musicians of astonishing ability and artistic character.

The New Russian-Indian Military Logistics Pact Sends Five Messages To The World

These five messages collectively show that Russia isn’t at risk of becoming a Chinese vassal nor is India at risk of becoming an American one.

NOT Trump’s 3rd Assassination Attempt and Definitely NOT Fake!    

This is not the the “third assassination attempt” on the life of President Donald Trump as much of the media is reporting.

Not Again! Lax Security Places Trump In Grave Danger

It happened again, a deranged leftist, Cole Allen, fueled by hate, came too close to assassinating President Donald Trump at the WHCA Dinner.

DC Shooting Puts Focus on Security Gaps

The attempted assassination of the President at the WHCD raised serious concerns about presidential security and exposed major protection failures.

Former FBI Director James Comey Charged With Threatening to Kill or Harm President

The DOJ announced that former FBI Director James Comey was indicted on charges relating to threatening to kill or harm President Donald Trump.

Former Fauci Aide Charged With Conspiring to Destroy Records

A former government official, Dr. David Morens, was charged with illegally conspiring to destroy records, the DOJ announced on April 28.

Shooting Suspect Sought to Kill Trump, as Many Cabinet Members as Possible, Says US Attorney

The suspect in shooting at the WHC Dinner allegedly sought to kill President Donald Trump and as many Cabinet members as possible.

King Charles, Queen Camilla Greeted by President Trump, First Lady

President Donald Trump and First Lady Melania Trump welcomed King Charles III and Queen Camilla of the UK at the South Porticos of the White House on April 27.

Treasury Sanctions Iran-Linked Chinese Oil Refinery, 40 Vessels

The Treasury Department sanctioned a Chinese refinery and 40 shipping firms and vessels found to be providing a lifeline to the Iranian oil economy.

Trump Admin Begins Process to Downgrade Marijuana Classification

The Trump administration announced plans to reclassify approved marijuana products as a less dangerous drug under federal law.

Gas Prices Will Return to Low Levels After Iran Conflict Ends, Bessent Says

Treasury Sec. Scott Bessent said relatively high gas prices will not last long but any change is contingent on when the US and Iran cease hostilities.
spot_img

Related Articles

Popular Categories

MAGA Business Central