Senate Adopts Amendment That Slashes Tariffs on Hundreds of Chinese Imports to US

5Mind. The Meme Platform
The Epoch Times

An exasperated Sen. Marco Rubio (R-Fla.) tweeted his frustration late Thursday after the Senate on a 91-4 vote adopted a measure that cuts U.S. tariffs on hundreds of products imported from China.

“The ‘China bill’ now reduces tariffs on hundreds of products made in #China. Why would we cut tariffs on China in a bill to improve American’s ability to compete with China? And only @HawleyMO, @TomCottonAR @BernieSanders, and I voted against it. #Strangebedfellows,” Rubio said in his tweet.

Just a few minutes before that tweet, Rubio tweeted a segment of his floor speech from earlier in the day in which he passionately told Senate colleagues the national security safeguards in the bill to protect U.S. technology research are inadequate.

“What I want you to understand is this is not a minor security threat, this is the number one priority of Chinese intelligence, this is what all of their agencies and all of their government are geared towards doing,” Rubio said, referring to Chinese digital and human intelligence theft of American secrets.

Rubio’s ire was stirred by the amendment that ran to more than 280 pages, making major changes to Senate Majority Leader Chuck Schumer’s U.S. Innovation and Competition Act, formerly known as the Endless Frontier Act.

The amendment was introduced by Sen. Mike Crapo (R-Idaho) and co-sponsored by Republican senators Charles Grassley of Iowa, Pat Toomey of Pennsylvania, John Barrasso of Wyoming, Richard Burr of North Carolina, Steve Daines of Montana, John Cornyn of Texas, James Lankford of Oklahoma and Todd Young of Indiana.

An internal analysis of the amendment described it as having four major flaws, including:

  • First, it would break with precedent by establishing the first Inspector General for an office in the Executive Office of the President.
  • Second, it removes tariffs on Personal Protective Equipment (PPE), undercutting American producers who have made significant investments in capacity because of the pandemic.
  • Third, the new enforcement tools given the United States Trade Representative (USTR) on digital trade do not meaningfully advance U.S. industry, and are supported by Google and other Big Tech companies as a means to evade foreign regulations and taxes.
  • Finally, the amendment reauthorizes the Miscellaneous Tariff Bill (MTB), which unilaterally reduces tariffs on thousands of products made in China.

BY MARK TAPSCOTT

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.
00:02:22

Young Washington: Movie Review

Sitting in the theater watching Young Washington, I found myself wondering why this story hadn’t been made into a film sooner.
00:02:08

A Movie That’ll Keep You Awake: A Great Awakening

So how does someone (me) who thinks they’ve just seen the greatest movie ever (A Great Awakening), persuade you to watch it?

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:01:39

Citizen Vigilante Delivers the Warning Western Governments Desperately Need to Hear

Citizen Vigilante shows what happens when the state stops defending the native population and shields favored migrant groups while criminalizing native dissent.
00:01:13

Report Says 700 OpenAI Agents Coordinated Hugging Face Breach

About 700 OpenAI agents were involved in the breach on AI startup Hugging Face, independent researchers said in an Aug. 26 report.
00:01:35

Trump Declares National Emergency to Secure US Power Grid From Foreign Cyber Security Threats

President Trump declared a national emergency to secure the national power grid, citing foreign cyber and security threats.

Judge Lifts Block on Trump’s Mail-In Ballot Restrictions

A federal judge in Massachusetts on Aug. 26 lifted a block she ordered against postal service rules that limit mail-in voting.
00:00:34

Meta Settles Lawsuit Alleging Social Media Harms to Children for $17 Billion

Meta Platforms has agreed to pay out as much as $17 billion to settle state claims that it designed Facebook and Instagram to addict children.
00:01:56

Trump Signs Order to Change Name of Lake Ontario to Lake America

President Trump signed an executive order on Aug. 27 to officially rename Lake Ontario as Lake America, effective immediately.
00:05:01

US Imposes 50 Percent Tariffs on Some Canadian Goods After Last-Minute Trade Talks Collapse

U.S. Trade Representative Jamieson Greer said that new tariffs on Canadian imports will take effect as the two nations have failed to reach a trade deal.
00:20:06

First Lady Unveils Racing Collaboration, $2 Million in ‘Fostering the Future’ Scholarships 

First Lady Melania Trump at the White House announce $2 million in scholarships for foster youth, expanding her Fostering the Future initiative.
00:01:31

Trump Announces Pause on 50 Percent Tariff as US, Canada Reach Last-Minute Deal

President Trump announced he would delay an additional 50 percent tariff on certain Canadian goods following last-minute talks between the two countries.
spot_img

Related Articles

Popular Categories

MAGA Business Central