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Biden admin may relax China tariffs in bid to ease inflation, commerce secretary says
Fox News ^ | June 5, 2022 | Anders Hagstrom

Posted on 06/05/2022 5:18:08 PM PDT by McGruff

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To: bray
The Chinese middle class says Thank you.

Bingo!.

Biden's announcement just didn't say whose inflation he is easing, or his people didn't bother to brief him. Tariffs are designed to protect domestic markets and Team Joe, as usual when it comes to U.S. interests, has it quite the opposite.

21 posted on 06/05/2022 5:53:19 PM PDT by frog in a pot (If abortion is the taking of a human life, then under what theory should it be left to the States?)
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To: Mariner

Of course the Bidenistas will open our markets to China, we have been conquered by China with the betrayal of our coastal mercantile class. One day we will get justice.


22 posted on 06/05/2022 5:54:54 PM PDT by WMarshal (Neocons and leftists are the same species of vicious rat.)
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To: McGruff

Will you update the HTML Sanbox with how you get Tweets to look right?

I guess that I could boot up my laptop and view the source code but I do 99% of commenting on my phone.

Many thanks.


23 posted on 06/05/2022 5:58:07 PM PDT by WMarshal (Neocons and leftists are the same species of vicious rat.)
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To: McGruff

Those tariffs benefit the industries...Farmers were one of the big benefactors.


24 posted on 06/05/2022 5:58:43 PM PDT by Sacajaweau ( )
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To: McGruff

They don’t know what inflation is. It is not the price increases on a few products. It’s the general rise of all prices because the money supply is too large. Freaking idiots.

This will be as useful as releasing oil from the SPR.


25 posted on 06/05/2022 5:59:19 PM PDT by ProtectOurFreedom (Wanting to make America great isn’t an insult unless you’re trying to make it worse! ULTRAMAGA!!)
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To: McGruff

It won’t help.


26 posted on 06/05/2022 6:02:56 PM PDT by Paladin2
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To: Rocky

“It’s a hidden tax on everything.”

I get that but the prices we are paying in the scheme of things is what matters.

Both contribute.

If gas was less than 2 bucks not sure we would notice inflation as much as we do.


27 posted on 06/05/2022 6:17:03 PM PDT by lizma2
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To: McGruff
If companies don't want to pay Tariffs, build in the U.S.A

Companies don't pay tariffs. Their customers do.

28 posted on 06/05/2022 6:22:19 PM PDT by DoodleDawg
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To: McGruff

That won’t do jack


29 posted on 06/05/2022 6:31:23 PM PDT by Nifster (I see puppy dogs in the clouds)
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To: McGruff

Yup. The left and Biden is owned by China.


30 posted on 06/05/2022 6:32:19 PM PDT by DouglasKC
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To: McGruff

Do we important oil from China? /s ..... Cuz that’s where the problem starts.

And printing fiat dollars.


31 posted on 06/05/2022 6:36:37 PM PDT by RedMonqey
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To: McGruff

Those photos of hunter with the underaged girls have really paid off for china


32 posted on 06/05/2022 6:39:42 PM PDT by farmguy
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To: McGruff

Do we important oil from China? /s ..... Cuz that’s where the problem starts.

And printing fiat dollars.


33 posted on 06/05/2022 6:43:27 PM PDT by RedMonqey
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To: fhayek

The madness continues


34 posted on 06/05/2022 7:37:05 PM PDT by Don Corleone (leave the gun, take the canolis)
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To: McGruff; bert
Free Traitors™ celebrate!!!
35 posted on 06/05/2022 7:39:28 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Rocky

Tariffs raise revenue, decrease deficits, promotes US industry and employment. A lot of upside to tariffs. That is why the REST OF THE WORLD HAS THEM.


36 posted on 06/05/2022 7:41:21 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: frog in a pot

Make America Last Again


37 posted on 06/05/2022 8:50:57 PM PDT by bray (The Vax is fake and deadly)
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To: Parley Baer

...says the “Big Guy”...


38 posted on 06/06/2022 2:50:08 AM PDT by Does so (https//youtu.be/3PxEWB6W8ig ......Uke's Independence Day Parade. Anthem starts at 15:00)
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To: McGruff

Biden surrenders - plain and simple.


39 posted on 06/06/2022 4:31:38 AM PDT by caww ( )
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To: central_va

-—Biden’s administration is considering a drawdown of tariffs——

Note to Isolationist trogdelytes:

The operative words in the headline and opening paragraph are “may and “are considering”. Further, “a drawdown” is stated.

At best, the pronouncement is wishy washy and actually says nothing.

Meanwhile, American and companies of other major nations are leaving China. The fact is, many have already picked up stakes and left.

However, they are moving operations to Vietnam, Indonesia and some say Mexico.

Life will go on


40 posted on 06/06/2022 5:02:20 AM PDT by bert ( (KWE. NP. N.C. +12) Promoting Afro Heritage diversity will destroy the democrats)
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