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.
00:02:31

Is Charlie Kirk’s Assassination Looking More Like a Conspiracy?

Enough videos have been posted to the internet, plenty...

Is There a 9/11 WTC and 9/10 Charlie Kirk Connection?

Strange parallels in online stories raise questions about whether Israelis and Mossad intelligence are our allies or adversaries.
00:27:01

Charlie Kirk Assassination Links Back to Israel

Google searches were conducted as early as July, on key elements in the September assassination of Charlie Kirk and the search information is being revealed.
00:03:53

Charlie Kirk Assassin Spotted Before Shooting!

Charlie Kirk incident mirrors Trump attempt: shooter spotted on rooftop beforehand, echoing July attack’s circumstances.

Private Citizens Work to Solve the Kirk Assassination

Americans unite after the assassination of Charlie Kirk, scouring online videos for anomalies surrounding the shocking event.
01:16:58

DOJ Launches Huge Campaign Against Birth Tourism

The Department of Justice is now launching a full-scale campaign to go after criminals involved in birth tourism.

Unemployment Falls to 4.2 Percent as US Economy Adds 57,000 New Jobs

Employers added 57,000 new jobs last month, from May’s 129,000 gain, according to new data from the Bureau of Labor Statistics released on July 2.
00:00:41

Treasury Launches Low-Cost Index Funds for Trump Accounts to Boost Children’s Future Savings

The U.S. Department of the Treasury unveiled a default investment in S&P 500 ETF for Trump Accounts ahead of its Independence Day launch.
00:00:55

Micron Technology to Invest $250 Million in Trump Accounts

Chip manufacturer Micron Technology is committing $250 million to Trump Accounts, the company said on July 1.

Trump Shares New US Passport Design on Truth Social

The mockup shows limited-edition passports planned for a July...
00:05:14

Trump Cancels Signing of Housing Affordability Bill, Says SAVE Act Should Be Passed First

Trump canceled signing of a bipartisan housing bill aimed at lowering home prices, saying an election integrity bill should be passed by Congress first.
00:39:13

Trump Signs Orders to Boost Development in Quantum Computing

President Trump signed two executive orders to accelerate quantum computing development and strengthen U.S. leadership in this emerging technology sector.

Banning Hospitals’ Certain Contracts Could Save Americans $45 Billion, Report Finds

A ban on certain contracts between hospital systems and health insurers could save Americans around $45 billion, according to a report.
spot_img

Related Articles

Popular Categories

MAGA Business Central