[Whistling ears...] Biden to relax China tariffs in lame bid to address inflation
"Leroy N. Soetoro" <[email protected]> Wed, 8 Jun 2022 01:02:55 -0000 (UTC)
| Newsgroups | talk.politics.guns,alt.business.offshore,sac.politics,alt.fan.rush-limbaugh,alt.politics.economics |
|---|---|
| Organization | The next war will be fought against Socialists, in America and the EU. |
| Message-ID | <[email protected]> |
https://nypost.com/2022/06/06/biden-to-relax-china-tariffs-in-lame-bid-to- address-inflation/ In a bid to slow the soaring inflation hes given the country President Joe Biden is looking to . . . reverse another Trump policy, specifically the last presidents 2018 tariff hikes on roughly $300 billion of Chinese goods. To be fair, for once this would likely do (roughly) what Team Biden wants, since tariffs do translate into higher consumer prices. But the policy had a purpose, which even Biden understood: to address Beijings various unfair-trade moves, general theft of Western intellectual property and to support American jobs. And no less than sitting Commerce Secretary Gina Raimondo has called the China tariffs very effective. Thats why this Trump policy has remained, even as Biden opened the southern border and went to war on the US energy industry. But the three-point plan to stop inflation that Biden released last week got universally panned (mostly because it was empty), so the White House set off a new trial balloon. Problem is, the impact of dropping the tariffs wont be all that large for most Americans (unless youre eager to buy solar panels). To make a real difference on inflation, Biden needs to start reversing his own policies. -- "LOCKDOWN", left-wing COVID fearmongering. 95% of COVID infections recover with no after effects. No collusion - Special Counsel Robert Swan Mueller III, March 2019. Officially made Nancy Pelosi a two-time impeachment loser. Donald J. Trump, cheated out of a second term by fraudulent "mail-in" ballots. Report voter fraud: [email protected] Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden fiasco, President Trump. Under Barack Obama's leadership, the United States of America became the The World According To Garp. Obama sold out heterosexuals for Hollywood queer liberal democrat donors. President Trump boosted the economy, reduced illegal invasions, appointed dozens of judges and three SCOTUS justices.