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.

‘Social Infertility’: Where Biomedical Profiteering Intersects Social Justice™

“The global surrogacy* market was estimated at USD 22.4 billion...

Were The Brits Behind Bloomberg’s Russian-US Leaks?

Bloomberg shared alleged call transcripts between Trump envoy Steve Witkoff and top Putin aides about discussions on the Ukrainian peace process.

Flipping the Script: When Democrats Project Their Own Instability 

Alexandria Ocasio-Cortez, the most erratic, inconsistent, and emotionally incontinent political figure in recent memory, isn’t tweeting from Mar-a-Lago.

This is Your Brain on Plastic, a Literature Review

Microplastics in the air, land and sea migrate into every organ where they burrow and from which they cannot feasibly be eliminated or degraded.

Irresolute Resolutions

"We need a government that lives within its means, focused on debt reduction, with strict limits on spending and baseline budgeting."

National Murder Rate Is ‘Lowest in Modern History’: FBI Director

FBI Director Kash Patel said Nov. 26 that homicide rates nationwide fell by double digits compared to last year.

Trump to Pause Immigration From ‘Third World Countries’

President Trump said he would “permanently pause migration from all Third World countries” and remove foreign nationals who are “incapable of loving” the US.

Cartels Are Scrambling as Fentanyl Precursor Supply From China Dries Up: FBI Director

Beijing halted fentanyl precursor exports, leaving cartels in Mexico, Venezuela, and Colombia scrambling for alternatives that don’t exist.

Sarah Beckstrom, National Guard Member Shot in DC, Has Died, Trump Says

President Trump announced Thursday night that Sarah Beckstrom, a National Guard member who was shot in Washington and was in critical condition, has died.

Trump Says US May Cut Income Tax Completely in Next Couple of Years Due to Tariff Income

Trump said the U.S. could end income taxes within a few years, citing tariff revenue as the reason such a shift might be possible.

USCIS Stops Processing All Afghan Immigration Requests After DC National Guard Shooting

USCIS has stopped processing all immigration requests relating to Afghan nationals indefinitely pending further review of security and vetting protocols,

Trump Calls for Reexamination of Afghan Immigrants After 2 National Guardsmen Shot

President Trump on Nov. 26 called for a reevaluation of every immigrant from Afghanistan who entered the US during the Biden administration

Bessent Says Americans to See ‘Substantial Refunds’ Next Year, No Risk of Recession

Treasury Secretary Scott Bessent said the recent shutdown won’t trigger a recession and that Americans can expect substantial tax refunds next year.
spot_img

Related Articles