Thursday, June 21, 2018 |
Tag Cloud Tags:
China,
Economy,
NATO,
News,
Security,
Senate,
Trade,
Trump,
Washington,
Worthy News(Worthy News) - Senators of both parties blasted Commerce Secretary Wilbur Ross over President Trump’s steel and aluminum tariffs Wednesday, saying the levies are harming the U.S. economy while doing nothing to stop China’s unfair trade practices.
Senate Finance Chairman Orrin G. Hatch, Utah Republican, said the tariffs are raising prices for certain U.S. manufacturers by 20 percent or more, while retaliatory tariffs by other countries are hurting American farmers.
“I just don’t see how the damage posed on all of these sectors could possibly advance our national security,” Mr. Hatch said. “These tariffs do not support U.S. national security; instead, they harm American manufacturers, damage our economy, hurt American consumers, and disrupt our relationship with our long-term allies, while giving China a free pass.” [ Source: Washington Times (Read More...) ]
Copyright 1999-2018 Worthy News. All rights reserved.
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
The tariffs pushed China into a corner on not being able to fund N. Korea, thus helping to bring N. Korea to the bargaining table and denuclearize. The tariffs pushed the E.U. into trying to fund Iran's nuclear program .... in which it failed .... thus putting pressure on Europe to finance more of its own NWO programs.