Profile image
By RedState (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Trump to Unveil Even More Tariffs on Stuff You Buy All the Time

Tuesday, March 13, 2018 21:33
% of readers think this story is Fact. Add your two cents.

If you liked the steel and aluminum tax increase, you’ll love this tax increase!

During the meeting, which hasn’t been previously been reported, U.S. Trade Representative Robert Lighthizer presented Trump with a package of tariffs that would target the equivalent of $30 billion a year in Chinese imports. In response, Trump urged Lighthizer to aim for an even bigger number — and he instructed administration officials to be ready for a formal announcement in the coming weeks, according to two people involved in the administration’s trade deliberations.

That sent senior officials at the White House, Treasury Department, State Department, Justice Department, the Office of the U.S. Trade Representative and other key agencies scrambling this week to finalize the proposal. Although the details are still in flux, aides said the administration is considering tariffs on more than 100 Chinese products ranging from electronics and telecommunications equipment to furniture and toys.

If you plug it in or put batteries in it, it’s Made in China. And it looks like it’s going to cost more now.

If you missed my posts about why tariffs are bad, trade deficits are good, and we should unilaterally abolish all tariffs, now’s a good time to take a look. (Bastiat makes an appearance in the first post.) The short answer is: when we impose tariffs on China, we hurt ourselves and not China. As pervasive as these tariffs look to be, we’re going to be hurting ourselves a lot.


The post Trump to Unveil Even More Tariffs on Stuff You Buy All the Time appeared first on RedState.


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.