1srelluc
Diamond Member
President Joe Biden’s administration has eliminated United States tariffs on more than 350 products made in China, nearly all of which could be made in the U.S. or other countries.
The Section 301 tariffs on billions of dollars worth of China-made products were first imposed by former President Trump after a decades-long free trade consensus in Washington, D.C., that has eliminated 3.7 million American jobs from the U.S. economy from 2001 to 2018.
Late last week, Biden’s U.S. Trade Representative (USTR) Katherine Tai announced that after an extensive review process on nearly 550 China-made products subject to U.S. tariffs, the administration would eliminate tariffs on 352 of those products.
A group of 140 House Republicans and Democrats had been lobbying Biden to cut U.S. tariffs on China-made products.
GOP signatories included House Minority Leader Kevin McCarthy (R-CA) as well as Reps. Cathy McMorris Rodgers (R-WA), Burgess Owens (R-UT), Nicole Malliotakis (R-NY), Ken Buck (R-CO), Young Kim (R-CA), and Anthony Gonzalez (R-OH).
Joe Biden Eliminates U.S. Tariffs on More than 350 China-Made Products
I guess the lobbyists won....Again.
The Section 301 tariffs on billions of dollars worth of China-made products were first imposed by former President Trump after a decades-long free trade consensus in Washington, D.C., that has eliminated 3.7 million American jobs from the U.S. economy from 2001 to 2018.
Late last week, Biden’s U.S. Trade Representative (USTR) Katherine Tai announced that after an extensive review process on nearly 550 China-made products subject to U.S. tariffs, the administration would eliminate tariffs on 352 of those products.
A group of 140 House Republicans and Democrats had been lobbying Biden to cut U.S. tariffs on China-made products.
GOP signatories included House Minority Leader Kevin McCarthy (R-CA) as well as Reps. Cathy McMorris Rodgers (R-WA), Burgess Owens (R-UT), Nicole Malliotakis (R-NY), Ken Buck (R-CO), Young Kim (R-CA), and Anthony Gonzalez (R-OH).
Joe Biden Eliminates U.S. Tariffs on More than 350 China-Made Products
I guess the lobbyists won....Again.