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Keyword: tariffs

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  • Biden Administration Considering New Tariffs That Will Hike Prices for Canned Goods

    07/26/2023 8:08:53 PM PDT · by TBP · 28 replies
    Reason ^ | 7.24.2023 | ERIC BOEHM
    The Biden administration is considering a new set of tariffs on some steel imports that would increase food prices for consumers already reeling from the recent run of high inflation. The Commerce Department and the International Trade Commission are considering a petition that would impose tariffs of up to 300 percent on tinplate steel, a key component in tin cans like those commonly used to pack food products including tuna, soup, baked beans, and more. If the administration decides to implement those tariffs on imports from eight countries, it would be a blatantly protectionist maneuver aimed at benefitting a single...
  • What DeSantis Told California Republicans Gathered in Coalinga

    06/20/2023 3:23:02 PM PDT · by Reverend Wright · 26 replies
    GV Wire ^ | June 20, 2023 | David Taub
    Most of the travelers during the Monday lunch rush seemed oblivious to one special guest — the man who could be the next president, Florida Gov. Ron DeSantis. The Republican snuck in and out of the Coalinga landmark undetected by the public nor the media, by design. He flew in and out of the nearby Coalinga airport, ushered to the back loading docks by unmarked Fresno County Sheriff’s vehicles. ... The Florida governor also talked about global supply chain problems and China, and “how to make life better for the people here in the United States,” Maher said. Others reported...
  • GOP Senators Cosponsor Bill That Will Lead to Carbon Tariffs — and Maybe a Domestic Carbon Tax

    06/13/2023 1:02:35 PM PDT · by Right Wing Vegan · 46 replies
    New American ^ | June 13, 2023 | Michael Tennant
    Four Republican senators are cosponsoring a bill that the Washington Post says “would lay the groundwork for America’s first carbon border tax,” a move some critics warn could result in a domestic carbon tax. Senators Kevin Cramer (R-N.D.), Lisa Murkowski (R-Alaska), Lindsey Graham (R-S.C.), and Bill Cassidy (R-La.) are cosponsoring the “Providing Reliable, Objective, Verifiable Emissions Intensity and Transparency (PROVE IT) Act,” which calls for the government to study the carbon emissions of products produced in both the United States and foreign countries. Other cosponsors of the bill, introduced Wednesday, are Senators Chris Coons (D-Del.), Angus King (I-Maine), Martin Heinrich...
  • Most House Democrats, Eight REPUBLICANS HELP BIDEN Shield CHINA’S SOLAR Industry from U.S. Tariffs

    05/26/2023 5:46:34 PM PDT · by AnthonySoprano · 48 replies
    Breitbart News ^ | 05/26/2023 | John Binder
    China This week, after Biden vetoed a House and Senate-approved plan to reinstate the tariffs on solar panel imports, 197 House Democrats and eight House Republicans voted to help the administration stave off the tariffs. (snip) From 2001 to 2018, U.S. free trade with China eliminated 3.7 million American jobs from the economy — 2.8 million of which were lost in American manufacturing. During that same period, at least 50,000 American manufacturing plants closed down. Those massive job losses have coincided with a booming U.S.-China trade deficit. In 1985, before China entered the World Trade Organization (WTO), the U.S. trade...
  • 8 House Republicans vote in favor of the Chinese Communist Party

    04/29/2023 3:45:34 PM PDT · by SeekAndFind · 25 replies
    American Thinker ^ | 04/29/2023 | Rajan Laad
    Just yesterday Breitbart News reported that eight House Republicans joined the Democrats to support Joe Biden’s suspension of United States tariffs on suspected Chinese-manufactured solar panels. Last 2022, Biden announced a 24-month suspension of tariffs on solar panel imports from Cambodia, Thailand, Vietnam, and Malaysia. The suspension came despite Biden’s Commerce Department official's discovery that the solar panels in question were actually manufactured in China. The China-based BYD based in Hong Kong is said to have rerouted its products through Cambodia, Thailand, and Vietnam for the sole purpose of evading the tariffs.Biden being soft on China should come not to...
  • Trump Unveils ‘Universal Import Tariffs’ As Part Of 2024 Campaign

    03/01/2023 7:37:07 PM PST · by SeekAndFind · 11 replies
    Nation and State ^ | 03/01/2023 | Tyler Durden
    Former President Donald Trump unveiled a key talking point for his 2024 campaign - an "America First" trade plan which would include universal tariffs on most goods imported into the US. Trump laid it out in a Feb. 27 statement, which called for a system of universal baseline tariffs on most foreign products, while rewarding American domestic production. The new policy will "tax China to build up America," according to Trump."Joe Biden claims to support American manufacturing, but in reality, he is pushing the same pro-China globalist agenda that ripped the industrial heart out of our country," Trump said in...
  • NatCons, the American System, and the Founders

    02/27/2023 9:17:01 AM PST · by Wuli · 1 replies
    American Institute for Economic Research ^ | 2/22/2023 | Phillip W. Magness
    id America’s Founding Fathers really embrace a nationalist economic program of tariffs and industrial subsidies? According to the “National Conservative” movement, such Founding Era luminaries as Thomas Jefferson and James Madison eventually abandoned their free-trade instincts and embraced a program of economic policies not unlike the NatCon agenda today. The American Compass website celebrates “Thomas Jefferson’s conversion to Hamiltonian supporter of domestic industry,” echoing Patrick Buchanan’s 2018 claim that “Tariffs Made America Great.” Most arguments in this genre point to Jefferson’s qualified commentaries on the Tariff of 1816 as evidence of this claim, while also noting the law was signed...
  • Exclusive — Donald Trump on Joe Biden Selling U.S. Oil Reserves to Chinese Company Linked to Son Hunter: ‘Terrible’

    07/12/2022 11:12:20 AM PDT · by SoConPubbie · 13 replies
    Breitbart ^ | 12 Jul 2022 | MATTHEW BOYLE
    h4>LAS VEGAS, Nevada — Former President Donald Trump ripped current President Joe Biden for selling nearly a million barrels of oil from the United States Strategic Petroleum Reserve to a Chinese company linked to his son Hunter Biden, calling the move “terrible” in an exclusive interview with Breitbart News here on Friday night.The revelation that Biden sold oil from the official United States reserves to foreign countries, “one of which is China,” as Trump noted in the interview, rocked the news last week, leading several Republicans to demand an investigation into what happened. Trump had rebuilt the supply in the...
  • Yellen: Trump China Tariffs Serve ‘No Strategic Purpose,’ ‘Raise Costs to Consumers’

    06/19/2022 8:34:58 AM PDT · by ChicagoConservative27 · 17 replies
    Breitbart ^ | 06/19/2022 | Pam Key
    Treasury Secretary Janet Yellen said Sunday on ABC’s “This Week” that tariffs the Trump administration imposed on China “serves no strategic purpose and raise costs to consumers.” Anchor George Stephanopoulos said, “Several in Congress are calling for gas tax holidays. Is that on the table?”
  • Biden deciding on China tariffs, says he will speak with Xi soon

    06/18/2022 5:57:59 PM PDT · by ChicagoConservative27 · 13 replies
    Reuters ^ | 06/18/2022 | Reuters
    REHOBOTH BEACH, Delaware, June 18 (Reuters) - President Joe Biden said on Saturday he was in the process of making up his mind on easing U.S. tariffs on China and planned to speak with Chinese President Xi Jinping soon.
  • Food, Fuel, & Inflation Crises All Stem From Globalist Policies

    06/02/2022 9:23:45 AM PDT · by blam · 23 replies
    Zubu Brothers ^ | 6-2-2022 | Patricia Adams and Lawrence Solomon via The Epoch Times
    The global elites left Davos last week after grappling with solutions to the profound crises facing the world. They left as they arrived, unaware that the crises are entirely of their own making. Take energy, where shortages have led to the highest gasoline prices in the U.S. and UK history and to fuel poverty affecting millions of people. If not for the specter of climate change—for decades one of the globalists’ central preoccupations—the world’s energy situation would be radically different. Canada’s tar sands wouldn’t have been demonized and the country would have built the Keystone XL Pipeline and other pipelines...
  • Australia Urges China to Drop Trade Tariffs

    05/25/2022 12:08:53 AM PDT · by nickcarraway · 3 replies
    Channel News Asia ^ | 25 May 2022
    Australia's economy minister on Wednesday (Mar 25) called on China to drop punishing trade tariffs if it wants to thaw frozen relations, after Beijing sent a message signalling it is ready to improve ties. China - Australia's biggest trading partner - imposed tariffs and disrupted more than a dozen key industries, including wine, barley and coal, as relations deteriorated sharply in the past two years. Canberra had irked Beijing by calling for an independent probe into the origins of the coronavirus pandemic and by banning telecoms giant Huawei from building Australia's 5G network.
  • Some tariffs on China are harming families and businesses, Janet Yellen says

    05/18/2022 4:46:23 PM PDT · by ChicagoConservative27 · 13 replies
    Cnn ^ | 05/18/2022 | Matt Egan and Alicia Wallace
    CNN)US Treasury Secretary Janet Yellen on Wednesday criticized the Trump administration's tariffs on China and voiced support for lifting some of the levies, in part to ease very high inflation pressuring the US economy. "Some of the tariffs that were imposed by President Trump in retaliation for China's unfair trade practices, some of them, to me, seem as though they imposed more harm on consumers and businesses," Yellen said during a press conference in Germany ahead of a G7 summit with finance ministers.
  • Exclusive–J.D. Vance: Ruling Class Hellbent on Keeping U.S. in ‘Managed Decline’ by Weakening China Tariffs

    05/12/2022 7:47:26 PM PDT · by conservative98 · 10 replies
    Breitbart ^ | 12 May 2022 | JOHN BINDER
    Ohio Republican Senate candidate J.D. Vance, running against Rep. Tim Ryan (D-OH), says the nation’s ruling class is interested in preserving its “managed decline” of the United States by weakening former President Trump’s tariffs on China. During an exclusive interview with SiriusXM Patriot’s Breitbart News Daily, Vance detailed how Washington, DC, lawmakers, bureaucrats, and corporate special interests have kept the U.S. in a “managed decline” for decades while profiting for themselves. “I use this phrase a lot on the campaign trail, managed decline,” Vance said. “It feels sometimes like our leaders are just slowly allowing the country to slip into...
  • Biden says White House could drop Trump China tariffs to lower consumer prices

    05/10/2022 12:42:12 PM PDT · by Red Badger · 44 replies
    CNBC ^ | MAY 10 2022 2:33 PM | Thomas Franck
    President Joe Biden said that cooling prices are his top domestic priority, even as Wall Street braces for another inflation report north of 8%. The president also said that the White House is in the middle of a review of tariffs imposed against China during former President Donald Trump’s tenure and could opt to drop them. Wall Street is eager to read the Labor Department’s upcoming report on April inflation , which the government will publish Wednesday morning at 8:30 a.m. ET. President Joe Biden said he could drop some of the tariffs imposed against Chinese imports to help control...
  • Putting Some WD-40 on the Supply Chain

    05/05/2022 5:06:45 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | May 5, 2022 | Veronique de Rugy
    Politicians, the Federal Reserve, and Fed and administration apologists like to claim that the inflation we face is caused by supply constraints. This claim goes against the facts on the ground. According to the World Trade Organization, even though there was a collapse in trade at the beginning of the pandemic, trade in intermediate goods -- critical inputs in finalized products -- quickly recovered despite port and shipping bottlenecks. Sure, it increased at a slower rate than before, but trade was still rising. In addition, data from the main U.S. ports show that after declining at the beginning of the...
  • Food Price Inflation Continues to Worsen. Here’s What Should Be Done About It.

    04/27/2022 9:01:06 AM PDT · by Tolerance Sucks Rocks · 27 replies
    The Daily Signal ^ | April 25, 2022 | Daren Bakst
    Food prices are continuing to rise at an alarming rate. The 8.8% year-over-year increase (March 2022 compared with March 2021) is the largest in more than 40 years. Over the past seven months, each month’s year-over-year food price increase has been above 4% and each successive month has been higher than the previous month (starting at 4.6% in September and reaching 8.8% in March). This upswing in food prices is being reflected across multiple food categories, from fresh fruit (10.1%) to fish and seafood (10.9%). Skyrocketing food prices are regressive and particularly damaging to low-income Americans, as they spend a...
  • Trump Endorses Populist J.D. Vance in Ohio Republican Senate Primary Race

    04/15/2022 2:32:47 PM PDT · by conservative98 · 60 replies
    Breitbart ^ | 15 Apr 2022 | JOHN BINDER
    Former President Donald Trump has endorsed best-selling author J.D. Vance, a vocal national populist, in the Ohio Republican Senate primary race. [cut] This is not an easy endorsement for me to make because I like and respect some of the other candidates in the race — they’ve said great things about “Trump” and, like me, they love Ohio and love our Country. I’ve studied this race closely and I think J.D. is the most likely to take out the weak, but dangerous, Democrat opponent — dangerous because they will have so much money to spend. [Emphasis added] However, J.D. will...
  • Joe Biden Eliminates U.S. Tariffs on More than 350 China-Made Products

    03/29/2022 8:01:54 AM PDT · by MarvinStinson · 30 replies
    breitbart ^ | 27 Mar 2022 | JOHN BINDER
    President 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. The Section 301 tariffs on billions of dollars worth of China-made products were imposed by 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...
  • Joe Biden Eliminates U.S. Tariffs on More than 350 China-Made Products

    03/27/2022 1:11:11 PM PDT · by ChicagoConservative27 · 59 replies
    Breitbart ^ | 03/27/2022 | John Binder
    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.