Category: tariffs

Trump’s China Tariffs Yield $150 Billion

Tariffs placed on Chinese imports by President Donald Trump have pulled in over $150 billion over the past 50 months, according to data from U.S. Customs and Border Protection (CBP). Trump imposed the tariffs on $350 billion worth of imports in 2018 and 2019 in retaliation for China’s abusive trade practices, including throttling American companies’ access to…


Pelosi Made it ‘Harder’ for Biden to End Trump’s China Tariffs: Commerce Secretary

House Speaker Nancy Pelosi’s (D-Calif.) support of Taiwan has complicated the Biden administration’s efforts to curb tariffs against China, according to Commerce Secretary Gina Raimondo. Raimondo said that Pelosi’s controversial visit to Taiwan last week made the administration’s strategy with China “particularly complicated,” regarding President Joe Biden’s efforts to curb tariffs on more than $300…


Pelosi’s Taiwan Visit Made it ‘Harder’ for Biden to End Trump’s China Tariffs: Commerce Secretary

House Speaker Nancy Pelosi’s (D-Calif.) support of Taiwan has complicated the Biden administration’s efforts to curb tariffs against China, according to Commerce Secretary Gina Raimondo. Raimondo said that Pelosi’s controversial visit to Taiwan last week made the administration’s strategy with China “particularly complicated,” regarding President Joe Biden’s efforts to curb tariffs on more than $300…


Lifting China Tariffs to Tame Inflation Is ‘Foolish’ Move, Says Trump’s Trade Czar Lighthizer

WASHINGTON—Former U.S. Trade Representative Robert Lighthizer opposes a possible White House plan to repeal some Trump administration tariffs on Chinese goods, arguing that it would have no impact on inflation. The Biden administration officials are still contemplating whether to remove some of the tariffs on more than $300 billion of Chinese goods put in place under…


Lifting China Tariffs to Tame Inflation Is ‘Foolish’ Move, Trump’s Trade Czar Lighthizer Says

WASHINGTON—Former U.S. Trade Representative Robert Lighthizer opposes a possible White House plan to repeal some Trump administration tariffs on Chinese goods, arguing that it would have no effect on inflation. Biden administration officials are still contemplating whether to remove some of the tariffs on more than $300 billion of Chinese goods put in place under President…


Lifting China Tariffs to Tame Inflation Is ‘Foolish’ Move, Trump’s Trade Chief Lighthizer Says

WASHINGTON—Former U.S. Trade Representative Robert Lighthizer opposes a possible White House plan to repeal some Trump administration tariffs on Chinese goods, arguing that it would have no effect on inflation. Biden administration officials are still contemplating whether to remove some of the tariffs on more than $300 billion of Chinese goods put in place under President…


Removing Trump-Era Tariffs on China Will Not Significantly Ease Inflation: Commerce Secretary

Commerce Secretary Gina Raimondo said on July 11 that removing Trump-era tariffs on Chinese goods would not cool down inflation “in a very significant way,” highlighting the difficulties as the White House seeks to tame historic price rises in the country. Still, the senior official administration suggested her support for the move, saying it could…


Rubio Calls out Biden on Foreign Dependence on Oil

Amid oil price hikes, U.S. President Joe Biden will “almost certainly” seek help from China, whose ruling Communist Party has pursued to make political gains while exporting refined products, said Sen. Marco Rubio (R-Fla.). “Thanks to a combination of now-President Biden’s horrific policies and a decades-long war against American-made energy, Americans find themselves begging foreign…


US to Lift Tariffs on Canadian Solar Products

The United States has agreed to lift tariffs on Canadian solar products after a trade dispute settlement panel sided with Ottawa earlier this year, Canadian Trade Minister Mary Ng and the office of U.S. Trade Representative Katherine Tai said. Canada, arguing that the tariffs violated the terms of the U.S.-Mexico-Canada Agreement (USMCA), had sought the…


Inflation: How China Is Making It Worse; Stopping the CCP’s Propaganda on Twitter and Facebook

Biden weighs removing tariffs on China. Is that a good plan to fight inflation? We discuss how China actually contributes to prices rising everywhere. What is the better approach? I also speak with Aron Solomon about his thoughts on dealing with Chinese officials on social media, while American politicians are banned on Chinese social media;…