Dozens of trade organizations like the American Petroleum Institute and the California Retail Association want the House of Representatives to follow the Senate and weaken China tariffs.
The Senate bill designed to help America outwit, outlast and outplay China passed mostly along party lines. Here is what we liked about what’s inside. And where we hope the House will do some rewrites on trade matters.
Two Senators, one Democrat and one Republican, make a desperate plea to others in the Senate to get the Attorney General to investigate a meat packing monopoly they say is substituting American beef for cheaper imports. Yet, prices still rising.
A recent Senate Finance Committee hearing on the China threat bodes well for ongoing bipartisan support for American manufacturing. There are right ways and wrong ways to go about this. The wrong way: waiting for allies. The right way: revamping tariff laws that makes reindustrialization profitable.
CPA Trade Counsel argues that if not for tariffs, Volvo wouldn’t be making cars in Charleston. We’d have Buick Envision-type deals of Detroit automakers making in China instead.