Posted on 08/23/2019 9:18:17 AM PDT by DJ MacWoW
Heart breaking to observe huge factories shuttered up in Chicago. There was a saying in those days, “if you can’t find a good job in Chicago, you are in trouble”.
Correctomundo...China joined WTO in 2001.
It’s also a reminder that there are several public hangings that are seriously past due.
It was payback for campaign financing funneled through President Hussain’s second homeland.
I am old enough to remember that saying.
I began working for a utility in the early 1980’s when we had those Ice Age winters. The manufacturing base was huge. It is nothing now.
Read this, the comments, and the original article; this should help you with your history lesson re China and what Trump is now trying to fix.
I remember in the bad old days of the Clinton presidency, following a lot of this stuff. Missile targeting technology, crypto technology, that was another big one, passed under Clinton’s authority. You remember the episode with Los Alamos when they evacuated it and then our nuclear targeting information was burgled... that was weird. Chinese were buying into military tech companies to get access to technology they couldn’t otherwise get. I think that happened again recently with Biden’s investment fund...
I know that the Chinese were given a tour of the R&D department of Picatinny Arsenal. I know someone that was there.
But didn’t it fall in 1980 from 40% to 6%, so what difference did Clinton make? No one saw fit in 1980, 1981, ect, to move the tariffs back up to 40%, correct?
Did you read the article?
Yes I did and it said it conditionally gave preferred trade status back to China in 1980.
You missed At the time, U.S.-China trade relations were conditioned upon China’s humanitarian treatment of its own citizens. Americans had seen protesters in Tiananmen Square crushed by Chinese tanks. The brutality of the Chinese toward unarmed protesters had shocked Americans so much that China was required to treat its citizens in a humanitarian way in order to maintain its MFN (Most Favored Nation) status.
And China’s MFN status was suspended during the Korean War, but conditionally reinstated in 1980 under the Jackson-Vanir freedom of emigration amendment to the Trade Act of 1974.
And This is where Bill Clinton stepped in. With his 1993 Executive Order, he unconstitutionally seized control of the MFN conditions, removing it from the involvement of Congress,
I followed the MFN debates fairly closely, and I've never heard it explained like that before. Both Congress and the MSM had to have intentionally sealed their lips because that should have been a major political upheaval and controversy. But little or nothing was said about it.
I guess I was a wee bit confused by the article. If the atrocities of Tiananmen Square occurred in 1989 why didn’t Congress revoke the MFN status at that time? Wouldn’t the blame go to the Congress and Bush senior at that time?
To be honest I couldn’t make sense of the last part with Bill Clinton’s EO in 1993. It sounds like Congress would no longer have the ability to remove MFN from China, and only the POTUS could do so, and he had no intention of doing so, in effect making MFN status permanent for China.
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