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.

We Simplified Ourselves Into Stupidity

It was the development of written language that allowed ideas to be preserved, expanded, challenged, and passed across generations with clarity and precision.

As Hormuz Tolls Settled in Yuan, Is Chinese ‘Petroyuan’ Viable?

Covering a topic (at least ostensibly) unrelated to the resurrection of Christ, the potential future of the “petroyuan” has never looked so bright.

St. Louis de Montfort Academy: The quiet countercurrent

In an age of confusion and hostility toward the faith, St. Louis de Montfort Academy forms young men to know truth, love the Church, and live with conviction.

Proof, Democrats Promote Election Theft   

President Trump signed EOs to assure America has continued free and fair elections as more incidents of election fraud are exposed across the nation.

The Lost Drone That Changed the Battlefield

The most consequential shifts in warfare often begin with a single event, whose long-term effects reshape the battlefield in ways no one anticipates.

Trump Signs Memo to Pay All DHS Employees During Shutdown

President Trump signed a memorandum directing the DHS to pay its employees all owed compensation and benefits accrued during partial government shutdown.

Vanessa Trump Shows Support for Boyfriend Tiger Woods After His DUI Arrest in First Public Statement

Vanessa Trump has publicly addressed the recent rollover crash and DUI arrest of her boyfriend and golf legend Tiger Woods, offering words of support.

US Economy Adds 178,000 New Jobs in March

The US economy added 178,000 new jobs in March and the unemployment rate dipped to 4.3 percent to cap off a volatile first quarter.

RFK Jr. Announces Investigation Into Removing Microplastics From the Human Body

The federal government will spend $144 million to investigate microplastics and figure out how to remove them from human bodies, HHS Se. RFK, Jr. announced.

Trump Says Pam Bondi is Out as His Attorney General

President Trump says Pam Bondi is out as his Attorney General. Bondi will be replaced by her deputy Todd Blanche, who will serve as acting attorney general.

Trump Signs Order Imposing 100 Percent Tariffs on Certain Imported Pharmaceutical Drugs

President Donald Trump signed executive orders on Thursday raising levies on some medications and refining calculations on steel tariffs.

Trump Says US Core Objectives in Iran Are ‘Nearing Completion’ in Primetime Address

President Trump will deliver a primetime address from the White House on April 1 to update the nation on the U.S. military operation against Iran.
spot_img

Related Articles

Popular Categories

MAGA Business Central